Institutional Credit Platform
Crescent is one of the longest-tenured players in the middle market direct lending space and in the private credit space more broadly, with extensive experience originating and managing below-investment grade debt investments across multiple strategies and over numerous market cycles
Sourcing Breadth
Crescent’s private credit strategies have collectively invested over $35 billion across more than 550 transactions since inception, with a primary focus on partnering with private equity firms on new opportunities, having closed one or more deals with over 250 private equity firms
Established, Research-Focused Investment Process
Credit culture focused on preservation of capital – recognition of asymmetric downside risk in credit investing. Crescent’s investment approach seeks to combine a rigorous analysis of macroeconomic and market factors with a deep understanding of individual companies and their respective industries, management and prospects.
Since inception, Crescent’s private credit strategies have collectively experienced an annual net loss rate of less than 20 basis points