Our company
Consistent formula, focused solutions.
History
Investing in credit across market cycles for more than three decades
1991
Crescent Founded
Established by Drexel alums Mark Attanasio, Jean-Marc Chapus and Bob Beyer, initially focused on the high yield bond market
1992
First Private Credit fund
Crescent raises first private credit fund focused on junior credit, partnering with private equity sponsors
1993
First CLO raised
Crescent launches its bank loan strategy as an early bellweather CLO issuer
2004
European expansion
European office opens with focus on private credit
2009
First Multi-Asset Fund
Crescent creates first of a series of customized portfolios highlighting best ideas across private and tradeable credit
2011
European Senior Direct Lending
Crescent establishes European-focused senior direct lending strategy
2012
$10B of AUM
Crescent grows to 95 employees
2012
U.S. Senior Direct Lending Strategy launches
Crescent establishes lower midmarket direct lending strategy, partnering with an experienced team dating back to 2005
2015
Exchange-listed BDC launches
Crescent's first business development company and subsequently IPOs in 2019 under ticker 'CCAP'
2016
$20B of AUM
Crescent grows to 150+ employees
2020
Opportunities Fund launches
Mandate to invest through market dislocations
2022
$40B of AUM
Crescent grows to 210+ employees
2022
Opening of Chicago office
Expansion of Crescent's private credit platform with addition of financial services industry-focused team
2023
Launch of CPCI
Crescent's first evergreen private credit-focused vehicle
Mission
To deliver consistent returns, tailored solutions, and valued partnership to our clients by investing in our greatest asset — our people.
Core Values
Excellence
Pursuit of Excellence
We hold ourselves and each other to the highest standards
Partnership
Value through People
We know that our success depends on longstanding relationships
Solutions
Solutions Mindset
We foster a forward-thinking mindset that drives outcomes
Growth
Investing in Growth
We are focused on growth for our clients, our firm and our people
Integrity
Doing the Right Thing
We bring diligence and integrity to our decisions
* Past performance does not guarantee or indicate future returns or results.
Responsible Investing
Crescent’s relationships with investors and borrowers are built on the values of partnership, transparency, and high ethical standards.
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