CRESCENT CAPITAL GROUP LP

RIASEC RegisteredEst. 2010
Total AUM
$49.7B
Discretionary
$49.7B
100% of AUM
Avg account
$270M
Accounts
184
Employees
239
Advisory reps
4

Firm details

Headquarters
Los Angeles, California
CRD number
153966
Registered since
August 10, 2010
Custodians
THE BANK OF NEW YORK MELLON, THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, U.S. BANK, N.A.
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles81.09%
  • Insurance Companies7.54%
  • State / Municipal Government5.2%
  • Business Development Companies2.02%
  • Sovereign Wealth Funds1.72%
Services
Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Crescent Capital Group LP is a multi-strategy limited partnership that operates across hedge fund, private equity, securitized assets and other pooled vehicles. The firm is SEC-registered since 2010 and serves an institutional client base. Its business mix includes acting as a CPO/CTA and providing portfolio management for investment companies, pooled investment vehicles and institutional or business clients. Crescent charges both a percentage-of-AUM fee and performance-based fees. The firm is not positioned as a capital allocator to other investors; instead it manages and sponsors pooled vehicles and directly manages asset pools. It is not an active ESG investor, is not registered as a multi-state adviser, and does not identify as a pension consultant or related adviser in the available data. Industry affiliations extend beyond asset management into broker-dealer and real estate broker activity, and the firm sponsors and serves as GP or managing member of pooled investment vehicles.

Assets & Accounts

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Other 42%, Cash & Cash Equivalents 36%, Non-Investment Grade Corp Bonds 18%, Non-Exchange Traded Equities 3%42%
  • Other42%
  • Cash & Cash Equivalents36%
  • Non-Investment Grade Corp Bonds18%
  • Non-Exchange Traded Equities3%

Owners & executives

2 of 2
  • GERHARD LOMBARD

    Chief Financial OfficerCRD 5417328

  • ANDREW LEVINE

    Chief Compliance OfficerCRD 5110199

Contacts

2 of 2
  • CHRISTOPHER WRIGHT

    PresidentCRD 8060559

  • GEORGE HAWLEY

    General CounselCRD 6159719

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

Los Angeles, CA

LOS ANGELES

Location

Los Angeles, CA

Headquartered in Los Angeles, CA, anchoring the Los Angeles-Long Beach, CA metro in the West.

Metro area
Los Angeles-Long Beach, CA
Region
West
County
LOS ANGELES
Address
11100 Santa Monica Blvd
Time zone
PT (UTC-8)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth