Crescent Capital Group LP

Registered investment adviser · Los Angeles, CA · CRD #153966

Form ADV data as of 2026-09-01

Regulatory assets

$49.71 billion

Total accounts

184

Employees

239

Disclosure events

Firm details

Website: http://www.crescentcap.com
Telephone: 310-235-5900
SEC file number: 801-71747
Most recent Form ADV filing: 2026-05-21
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$49.71 billion
Non-discretionary regulatory assets under management	$0
Total regulatory assets under management	$49.71 billion
Discretionary accounts	184
Non-discretionary accounts	0
Total accounts	184
Regulatory assets under management attributable to non-U.S. persons	$24.64 billion

People

Total employees (excluding clerical)	239
Employees performing investment advisory functions (including research)	117
Employees who are registered representatives of a broker-dealer	12
Employees registered as investment adviser representatives with a state	0
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$0
Clients for whom the firm has custody	0
A related person has custody of client cash or bank accounts	Yes
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$37.43 billion
Clients for whom a related person has custody	125
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	4

How the firm is compensated

A percentage of assets under managementPerformance-based fees

Advisory services offered

Portfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients

Other business activities

Commodity pool operator or commodity trading advisor

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Commodity pool operator or commodity trading advisorReal estate broker or dealerSponsor or syndicator of limited partnershipsSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys securities from or sells securities to advisory clients (principal transactions)
Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another proprietary interest
Recommends securities for which it serves as underwriter or general partner
Compensates a non-employee for client referrals

Client types

Type of client	Clients	Assets
Business development companies	1	$1.01 billion
Pooled investment vehicles (other than investment companies and BDCs)	140	$40.31 billion
Pension and profit sharing plans (not the participants or government plans)	4	$672.3 million
Charitable organizations	2	$114.4 million
State or municipal government entities (including government pension plans)	6	$2.58 billion
Other investment advisers	3	$214.8 million
Insurance companies	21	$3.75 billion
Sovereign wealth funds and foreign official institutions	5	$854.7 million
Corporations or other businesses not listed above	2	$210.0 million