Clients
Crescent Capital Group serves 184 clients, 140 of them pooled investment vehicles. The average client has about $270 million with the firm.
- Business development companies1 clients2%
- Pooled investment vehicles140 clients81%
- State or municipal government entities6 clients5%
- Insurance companies21 clients8%
- OtherPension and profit-sharing plans, Charitable organizations, Other investment advisers, Sovereign wealth funds and foreign official institutions, Corporations and other businesses4%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Business development companies | 1 | $1,006,162,000 | 2.0% | $1.01B |
| Pooled investment vehicles | 140 | $40,311,883,104 | 81.1% | $287.9M |
| Pension and profit-sharing plans | 4 | $672,342,860 | 1.4% | $168.1M |
| Charitable organizations | 2 | $114,438,354 | 0.2% | $57.2M |
| State or municipal government entities | 6 | $2,582,806,508 | 5.2% | $430.5M |
| Other investment advisers | 3 | $214,821,758 | 0.4% | $71.6M |
| Insurance companies | 21 | $3,746,995,681 | 7.5% | $178.4M |
| Sovereign wealth funds and foreign official institutions | 5 | $854,658,892 | 1.7% | $170.9M |
| Corporations and other businesses | 2 | $209,975,560 | 0.4% | $105.0M |
| Total | 184 | $49,714,084,717 | 100% | $270.2M |
- Clients
- 1
- Regulatory AUM
- $1,006,162,000
- Share
- 2.0%
- Avg. per client
- $1.01B
- Clients
- 140
- Regulatory AUM
- $40,311,883,104
- Share
- 81.1%
- Avg. per client
- $287.9M
- Clients
- 4
- Regulatory AUM
- $672,342,860
- Share
- 1.4%
- Avg. per client
- $168.1M
- Clients
- 2
- Regulatory AUM
- $114,438,354
- Share
- 0.2%
- Avg. per client
- $57.2M
- Clients
- 6
- Regulatory AUM
- $2,582,806,508
- Share
- 5.2%
- Avg. per client
- $430.5M
- Clients
- 3
- Regulatory AUM
- $214,821,758
- Share
- 0.4%
- Avg. per client
- $71.6M
- Clients
- 21
- Regulatory AUM
- $3,746,995,681
- Share
- 7.5%
- Avg. per client
- $178.4M
- Clients
- 5
- Regulatory AUM
- $854,658,892
- Share
- 1.7%
- Avg. per client
- $170.9M
- Clients
- 2
- Regulatory AUM
- $209,975,560
- Share
- 0.4%
- Avg. per client
- $105.0M
Total
- Clients
- 184
- Regulatory AUM
- $49,714,084,717
- Share
- 100%
- Avg. per client
- $270.2M
What it does
Crescent Capital Group provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Crescent Capital Group advises 88 private funds.
100.0% of assets ($49.71B across 184 accounts) are managed with discretion. 49% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks3%
- Bonds18%
- Cash36%
- Other42%
- Comprised of bank loans and collateralized loan obligation securities42%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
Crescent Capital Group’s client accounts are held mainly at The Bank of New York Mellon, with 11% of managed assets, and Northern Trust, with 2%. Crescent Capital Group has custody of client assets.
- The Bank of New York MellonThe Bank of New York Mellon Corporation · New York, NY · $5.48B11%
- Northern TrustNorthern Trust · Chicago, IL · $1.22B2%
- U.S. BankU.S. Bank · Chicago, IL · $979.2M2%
- All other custodians$42.03B85%
Ownership and leadership
Sun Life (u.s.) Holdco 2020 LLC owns 75% or more of Crescent Capital Group.
- Owns 75% or more of Crescent Capital Group LP
Sun Life (u.s.) Holdco 2020 LLC
Control person · since March 2026
- Owns 75% or more of Sun Life (u.s.) Holdco 2020 LLC
Sun Life Assurance Company of Canada - U.S. Operations Holdings, Inc.
Control person · since January 2021
- Owns 75% or more of Sun Life Assurance Company of Canada - U.S. Operations Holdings, Inc.
Sun Life 2007-1 Financing Corp.
Control person · since November 2016
- Owns 75% or more of Sun Life 2007-1 Financing Corp.
Sun Life Global Investments Inc.
Control person · since December 2004
- Owns 75% or more of Sun Life Global Investments Inc.
Sun Life Financial Inc.
Control person · since December 2004
Leadership
- Christopher WrightPresident
- Gerhard LombardChief Financial Officer
- Andrew LevineChief Compliance Officer
- George HawleyGeneral Counsel
Staff
- 239 employees
- 117 in advisory functions
- 12 broker-dealer reps
Fees
Crescent Capital Group is paid through a percentage of assets under management and performance-based fees.
Crescent Capital Group’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Crescent Capital Group has 5 offices, with 4 listed addresses across 4 states.
California · 1 listed address
- 11100 Santa Monica BLVD., Suite 2000, Los AngelesHQ
Illinois · 1 listed address
- 110 N. Wacker, Chicago
Massachusetts · 1 listed address
- 100 High ST, Boston
New York · 1 listed address
- 299 Park Avenue, New York
Registration details
- Legal name
- Crescent Capital Group LP
- Headquarters
- 11100 Santa Monica BLVD., Suite 2000, Los Angeles, CA 90025
- Phone
- 310-235-5900
- Website
- www.crescentcap.com
- SEC file
- 801-71747
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Crescent Capital Group have?
Crescent Capital Group has 184 clients and manages $49.7 billion for them, as of May 2026. They include 140 pooled investment vehicles, 21 insurance companies and 6 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 21 May 2026
What services does Crescent Capital Group offer?
Crescent Capital Group provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Crescent Capital Group use?
Crescent Capital Group’s separately managed account assets are held at The Bank of New York Mellon Corporation (New York, NY), with $5,479,740,364, Northern Trust (Chicago, IL), with $1,224,414,528 and U.S. Bank (Chicago, IL), with $979,205,418. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 May 2026
How many financial advisors does Crescent Capital Group have?
Crescent Capital Group has 0 investment adviser representatives registered with state securities authorities, out of 239 employees, and 117 perform investment advisory functions. 12 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Crescent Capital Group invest in?
At the end of its last fiscal year, Crescent Capital Group’s separately managed accounts held 42% comprised of bank loans and collateralized loan obligation securities, 36% cash and equivalents, 18% high-yield corporate bonds and 3% non-exchange-traded equities. It advises 88 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Crescent Capital Group?
Crescent Capital Group is owned through a chain of holding companies by Sun Life Financial Inc. Its direct owner is Sun Life (u.s.) Holdco 2020 LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 21 May 2026
How does Crescent Capital Group get paid?
Crescent Capital Group is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
