Crescent Capital Group (formerly TCW/Crescent Mezzanine) is a firm focused on below investment grade markets with primary strategies that include funds that invest in senior bank loans, high yield debt, mezzanine debt and distressed securities. The firm has approximately $9 billion of assets under management and has made investments in over 110 companies since its inception as well as expanded into the European market with operations based in London.
The firm, which was founded in 1991, is based in Los Angeles and has offices in New York and Paris. Since its founding in 1991, the firm has raised approximately $4.7 billion since inception across five funds.
TCW/Crescent maintains a strategic partnership with TCW Group (Trust Company of the West), a leading institutional money management firm with approximately $145 billion in assets under management.
Read more about Crescent Capital Group: History
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