North Carolina, Wyoming among systems pursuing alternative credit strategies
North Carolina commits USD 500m, plans another USD 2.8bn; Wyoming, Texas, Illinois target ABL, tactical, opportunistic strategies

Crescent raises USD 10.8bn for direct lending, targeting lower mid-market
The firm’s fourth US direct lending fund was oversubscribed and exceeded its target by more than USD 2.5bn

The PMs leading the next wave of European CLO strategies
ANALYSIS: A series of high-profile hires have been made ahead of an expected influx of new European CLO managers this year

UK pension fund taps Crescent for US direct lending mandate
UK pension fund Nest has appointed Crescent Capital to manage a GBP 450m US direct lending mandate

Crescent eyes move into CLO management in Europe
EXCLUSIVE: One of the oldest US CLO managers is contemplating an entry into Europe via an acquisition or a new platform, according to sources

New Crescent US CLO prices AAAs at SOFR plus 128bps
The manager paired with arranger Jefferies to price Atlas XXVII as a USD 409.6m transaction

CLO ETFs attracted USD 14.8bn of investor cash in 2025 – Morningstar
Total net inflows for US-domiciled CLO ETFs fell short of the highs seen in 2024

Oklahoma system allocates USD 1.3bn as others set 2026 targets
OTRS commits USD 1.3bn to Blackstone, KKR private credit funds, while Los Angeles, New Hampshire, San Antonio pensions disclose recent moves

First Brands and Tricolor show due diligence matters – Crescent President Chris Wright
PODCAST: There are lots of mixed signals currently in the market, which is creating uncertainty, according to Chris Wright, president of Crescent Capital Group, on the latest episode of Credit Exchange with Lisa Lee

Crescent announces CLO ETF with Advisors Asset Management
The two claim that the new AAM CLO ETF is the lowest cost CLO ETF in the industry, charging a net expense ratio of 0.18%

Crescent hires MDs for significant risk transfer strategy
The private credit manager’s bank capital solutions strategy focuses on credit risk-sharing deals

Crescent prints second new deal of 2025
The transaction's unusual capital structure priced a senior AY-class of triple A notes at SOFR plus 133bps, with a subordinate tranche printing at SOFR plus 134bps and a second subordinate tranche at SOFR plus 150bps

CalPERS, LACERS among pensions disclosing recent private credit investments
CalPERS invests USD 1bn in climate-focused private credit fund by Goldman Sachs, while LACERS commits USD 170m to TPG Twin Brook, Sixth Street funds

Crescent hires two MDs, launches GP financing strategy
The new GP financing solutions strategy will see the firm provide flexible, nondilutive financing options to middle-market private equity managers

Crescent looks to launch a CLO ETF
The new AAM Crescent CLO ETF will be launched in partnership with Advisors Asset Management, according to a recent SEC filing

Sports investing is a growing field – Crescent’s Mark Attanasio
PODCAST: “There’s nothing more compelling than live sports,” says Mark Attanasio, co-founder of asset manager Crescent Capital Group and principal owner of Major League Baseball team the Milwaukee Brewers, on the latest Credit Exchange podcast with Lisa Lee

Connecticut Retirement Plans and Trust Funds plans to commit additional USD 300m to Crescent Capital
Connecticut, Maine among pensions with recent expansions in private credit; Maine, Texas, Los Angeles pensions also disclose recent private credit investments

Crescent issues first new deal since November
The manager's first new-issue print of 2025 priced its senior triple As at SOFR plus 152bps

Crescent taps Jason Breaux for head of private credit
Breaux will also continue to serve as CEO of Crescent Capital’s business development fund

Crescent raises EUR 3bn for European direct lending
The company surpassed its original EUR 2bn fundraising target

Crescent prints its second new US BSL CLO of 2024
Crescent Capital Group printed a new US BSL CLO on Wednesday called Atlas Senior Loan Fund 2024-24

Crescent targets USD 3bn raise for direct lending fund IV
Crescent Capital is expected to launch its latest lower middle market and middle market direct lending fund, Crescent Direct Lending Fund IV, this quarter

Crescent resets US BSL CLO from 2022
Atlas Senior Loan Fund XX became the latest 2022-vintage US BSL CLO to be reset in a deal that slashed liability costs up and down the stack

Crescent refinances 2019 vintage CLO Atlas XV
Crescent Capital printed a refinancing on Thursday of its Atlas Senior Loan Fund XV, a US BSL CLO from 2019

Crescent Capital shakes up senior-leadership team
Los Angeles-based alternative credit specialist Crescent Capital Group is updating its senior-leadership team with several key promotions