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.