{"url":"https://nivawealth.com/firms/crescent-capital-group-153966","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/153966","regulatoryAum":49714084717,"crd":"153966","secFileNumber":"801-71747","legalName":"Crescent Capital Group LP","displayName":"Crescent Capital Group","website":"http://www.crescentcap.com","linkedinUrl":"https://www.linkedin.com/company/crescent-capital-group/","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"11100 Santa Monica BLVD., Suite 2000","city":"Los Angeles","state":"CA","stateName":"California","country":"United States","postalCode":"90025"},"tradeNames":[],"registration":{"secApproved":"10 August 2010","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":239,"advisory":117,"brokerDealerReps":12,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":49714084717,"discretionaryAccounts":184,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":49,"nonAumClients":0},"clientTypes":[{"label":"Business development companies","clients":1,"regulatoryAum":1006162000},{"label":"Pooled investment vehicles","clients":140,"regulatoryAum":40311883104},{"label":"Pension and profit-sharing plans","clients":4,"regulatoryAum":672342860},{"label":"Charitable organizations","clients":2,"regulatoryAum":114438354},{"label":"State or municipal government entities","clients":6,"regulatoryAum":2582806508},{"label":"Other investment advisers","clients":3,"regulatoryAum":214821758},{"label":"Insurance companies","clients":21,"regulatoryAum":3746995681},{"label":"Sovereign wealth funds and foreign official institutions","clients":5,"regulatoryAum":854658892},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":209975560}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"The Bank of New York Mellon Corporation","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":5479740364},{"name":"Northern Trust","shortName":"Northern Trust","location":"Chicago, IL","smaAssets":1224414528},{"name":"U.S. Bank","shortName":"U.S. Bank","location":"Chicago, IL","smaAssets":979205418}],"custodyNote":"Crescent Capital Group has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Christopher Wright","title":"President","crd":"8060559"},{"name":"Gerhard Lombard","title":"Chief Financial Officer","crd":"5417328"},{"name":"Andrew Levine","title":"Chief Compliance Officer","crd":"5110199"},{"name":"George Hawley","title":"General Counsel","crd":"6159719"}],"ownership":[{"label":"Sun Life (u.s.) Holdco 2020 LLC","detail":"Owner in the 75% or more ownership band and a control person, since March 2026. Also a owner of Crescent Capital GP LLC in the 75% or more band and a control person, since March 2026."},{"label":"Sun Life Assurance Company of Canada - U.S. Operations Holdings, Inc.","detail":"Indirect owner: a owner of Sun Life (u.s.) Holdco 2020 LLC in the 75% or more band and a control person, since January 2021.","parent":"Sun Life (u.s.) Holdco 2020 LLC"},{"label":"Sun Life 2007-1 Financing Corp.","detail":"Indirect owner: a owner of Sun Life Assurance Company of Canada - U.S. Operations Holdings, Inc. in the 75% or more band and a control person, since November 2016.","parent":"Sun Life Assurance Company of Canada - U.S. Operations Holdings, Inc."},{"label":"Sun Life Global Investments Inc.","detail":"Indirect owner: a owner of Sun Life 2007-1 Financing Corp. in the 75% or more band and a control person, since December 2004.","parent":"Sun Life 2007-1 Financing Corp."},{"label":"Sun Life Financial Inc.","detail":"Indirect owner: a owner of Sun Life Global Investments Inc. in the 75% or more band and a control person, since December 2004.","parent":"Sun Life Global Investments Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":5,"privateResidences":0},"listedOfficeAddresses":4,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"11100 Santa Monica BLVD., Suite 2000","city":"Los Angeles","headquarters":true}]},{"state":"Illinois","offices":1,"addresses":[{"street":"110 N. Wacker","city":"Chicago"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"100 High ST","city":"Boston"}]},{"state":"New York","offices":1,"addresses":[{"street":"299 Park Avenue","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"310-235-5900","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Non-exchange-traded equity securities","percent":3},{"label":"Non-investment grade corporate bonds","percent":18},{"label":"Cash and cash equivalents","percent":36},{"label":"Other","percent":42,"detail":"Comprised of Bank Loans and Collateralized Loan Obligation Securities"}],"privateFunds":88},"sources":{"adv1FilingDate":"21 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/153966/PDF/153966.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Crescent Capital Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Crescent Capital Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Crescent Capital Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Crescent Capital Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Crescent Capital Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Crescent Capital Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Crescent Capital Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}