At Crescent Capital, we invest in debt securities at all levels of a company’s capital structure. For over 20 years, we have been investing in senior bank loans, high yield bonds, mezzanine debt and distressed debt securities. We believe that these asset classes provide our clients with opportunities to generate income while preserving capital.
Crescent’s investment activities are managed by dedicated teams focused on each of these asset classes. In addition, our portfolio managers have responsibility for multi-asset class strategies that are constructed from each of the asset classes we manage. We believe that we benefit from years of experience managing below investment grade bank loans and debt securities over multiple economic and market cycles.
Crescent is an alternative asset manager with approximately $16 billion1 of assets under management and approximately 120 employees as of September 30, 2014. We are headquartered in Los Angeles with offices in New York, Boston and London.
1: AUM includes committed assets and employee investments in Crescent managed portfolios.