Direct Lending  

Senior Secured Lending to the U.S. middle market



Crescent Direct Lending is a leading provider of first lien and unitranche senior financing to private equity-backed U.S. lower middle market companies with $5 million to $35 million of EBITDA. Since inception in 2005, Crescent Direct Lending has issued over $4 billion of aggregate loan commitments to more than 130 companies and over 100 unique private equity sponsors. During 2018, Crescent Direct Lending issued over $1.5 billion of senior loan commitments to its private equity clients across 25 new portfolio companies and more than 75 add-on transactions. Crescent Direct Lending targets senior financing opportunities of $20 million to $200+ million with hold sizes up to $100+ million.
 
With over $5 billion of total capital under management (including targeted leverage), Crescent Direct Lending is well positioned to support our private equity-backed middle-market clients. Led by senior investment professionals who average over 25 years of lending experience, the Crescent Direct Lending team has supported private equity firms across a wide range of industries including Business Services, Healthcare, Consumer Goods and Services, and Manufacturing. We believe that our team’s long-standing track record and experience investing together has produced long-term results for our investors and clients.
 
For more details about Crescent Direct Lending, please click on our fact sheet.

We provide a wide range of senior financing alternatives including revolving credit facilities, term loans, delayed draw term loans, second lien loans and unitranche facilities to support our private equity clients’ platform acquisitions, portfolio company add-ons, recapitalizations and refinancings.
We provide a wide range of senior financing alternatives including revolving credit facilities, term loans, delayed draw term loans, second lien loans and unitranche facilities to support our private equity clients’ platform acquisitions, portfolio company add-ons, recapitalizations and refinancings.

Crescent Direct Lending: A message from John Bowman and Mark Attanasio

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Crescent Direct Lending: A message from John Bowman and Mark Attanasio