Crescent Capital Group

Crescent Capital Group LP is a global alternative investment firm with a core focus on below-investment-grade credit markets. Founded in 1991 and headquartered in Los Angeles, the firm has built a distinguished track record over more than three decades. It offers a broad range of credit strategies including senior bank loans, high-yield bonds, mezzanine debt, unitranche loans, and distressed securities, tailored to institutional investors worldwide. Crescent operates from offices in the U.S. and Europe, employing over 230 professionals and managing approximately $46 billion in assets as of December 2024.

The firm caters to a wide spectrum of institutional clients such as pension funds, insurance companies, and endowments, delivering flexible capital solutions across market cycles. Crescent Capital is also the manager of Crescent Capital BDC, Inc., a publicly traded business development company focused on middle-market lending. Its investment philosophy is grounded in deep credit research, disciplined risk management, and a commitment to generating consistent, long-term value for its stakeholders.

Crescent’s investment footprint spans North America and Europe, with a focus on key sectors including healthcare, business services, consumer goods, and industrials. In January 2021, the firm became a majority-owned subsidiary of Sun Life Financial, strengthening its global capabilities and resources. Through its diversified credit platform, Crescent Capital continues to be a leading partner for investors seeking exposure to complex credit opportunities in developed markets.