Capital Markets

The Crescent Capital Markets platform consists of strategies primarily investing in U.S. and European senior loans as well as U.S. high yield bonds. For more than 20 years, our strategies have relied on our large and experienced team of analysts and trading professionals who provide the foundation of our credit and market research.

High Yield
Crescent is one of the most experienced high yield bond managers in the industry. We have relied on bottom-up credit research to exploit credit inefficiencies across all rating segments of the high yield bond market with a focus on the middle and upper-tier credit classes. Our high yield strategies have consistently delivered excess return with less volatility than our primary benchmark.  The portfolio is diversified and emphasizes current income and capital preservation.

Bank Loans
Crescent’s Bank Loan strategy consists of diverse portfolios of primarily large and liquid issuances of senior secured floating rate debt obligations of below investment grade companies.  Our objective is to provide investors with attractive risk-adjusted returns and a significant level of current income while substantially reducing interest rate risk. The asset class has historically low cross-correlation when compared to most other major asset classes, generally providing investors with lower volatility.