Crescent Capital Group LP

Crescent Capital is pleased to announce that we will be attending this year’s SuperReturn International conference in Berlin!   Managing Director Nicole Waibel will return to the stage to share her views for a panel discussion on the risks and opportunities in private credit.   In addition, Crescent Managing Directors Michael Sauerbrey, Christopher Wang, and Director Adam Van de Velde, CAIA will be in attendance to offer valuable insights and connect with industry leaders.   If you would like to set up a meeting with any of our team members, please reach out to Michael Sauerbrey (michael.sauerbrey@Crescentcap.com) or Adam Van De Velde (adam.vandevelde@Crescentcap.com).   We look forward to seeing you in Berlin!   #SuperReturn

Earlier this week, Crescent had the honor of ringing the Nasdaq Closing Bell in celebration of Crescent Capital BDC, Inc.’s ($CCAP) 5-year listing anniversary on Nasdaq! CCAP CEO Jason Breaux and President Henry Chung were joined by the team and board members for the occasion. As the sole publicly listed fund managed by Crescent, CCAP provides a lens into the firm’s capabilities as one of the longest-tenured managers in private credit today. Since its launch, CCAP has originated attractive investment opportunities leading to meaningful asset growth and has completed acquisitions of two listed BDCs, which has further expanded the size and diversification of its portfolio. We are proud of CCAP’s growth and want to thank our shareholders and team members for helping build CCAP into what it is today! Photo credit: Nasdaq, Inc. Past performance does not guarantee future results.

Today, Private Debt Investor named Crescent as the Lower Mid-Market Lender of the Year in Europe for its 2024 Annual Awards. Congratulations to the Crescent European Specialty Lending Team for this outstanding recognition! Read more about the awards here: https://lnkd.in/gcc9MxuT Past performance does not guarantee future results. This award was announced on 3/3/2025 by Private Debt Investor (PDI) and is based on analysis and nomination consideration period from January 1, 2024 to December 31, 2024. The winners of the annual PDI Awards are decided by PDI’s editorial team based on its market knowledge and expert judgment to recognize standout performers in the industry over the previous year. Crescent Capital Group has not provided any compensation in connection with obtaining or using this award.

Today, Crescent released its latest report on the often overlooked Narrowly Syndicated Loan market opportunity. Crescent Managing Director and Head of Tradable Credit John Fekete and Senior Vice President, Product Specialist Charlie Youngblood, CFA lay out how narrowly syndicated loans can complement investors’ diversified portfolios by offering: • Significant yield premiums over broadly syndicated loans that are comparable to direct lending. • Greater liquidity and transparency. • Fast deployment with a typical NSL loan portfolio construction period of just 3-4 months. Read the full report below.

Last week at the With Intelligence - Pension Bridge Alternatives APAC event in Singapore, Crescent Managing Director Christopher Wang and his fellow panelists discussed the private credit landscape in today’s market environment. Some key insights from Chris: • The secular shift in capital formation has favored private credit as a more efficient means of delivering capital to middle market businesses. • The higher-for-longer interest rate environment can lead to more defaults and a greater dispersion of returns across managers. • We believe cycle-tested private credit managers will be able to better navigate market volatility, maintain investment discipline, and avoid strategy drift. #PBAltsAPAC25

Crescent Managing Director Gia Heimlich, CPA, CFA had an engaging discussion on the lower middle market with fellow panelists at the With Intelligence - Pension Bridge Private Credit event in Carlsbad, CA earlier this month. Gia outlined the significant market opportunity in the lower middle market, the specialization and experience required to effectively operate in this segment, and how managers can mitigate risk associated with it through strong sponsor relationships and a focus on mature companies with predictable, steady cash flow profiles. #PBPrivateCredit25 #PensionBridge #WithIntelligence

Today, Crescent Managing Director Christopher Wang will be speaking on a panel on private credit at With Intelligence - Pension Bridge Alternatives APAC event in Singapore. With an evolving competitive and economic landscape for private credit, Chris and his fellow panelists will be discussing the strategies for managers and opportunities for investors that can help drive continued strong performance in the asset class. For more detail on the event, click here: https://lnkd.in/e3SggJPi  #PBAltsAPAC25

Last week, Crescent Managing Director Nicole Waibel and Head of DACH Michael Sauerbrey attended the BAI Private Debt Symposium in Frankfurt, Germany. Nicole moderated a panel at the event, which attracted an audience of institutional investors and companies focused on alternative investments in Germany. She discussed the importance of sponsor relationships for private debt deployment as well as related opportunities and challenges for private debt in 2025.

This week, Crescent Managing Director Gia Heimlich, CPA, CFA will be speaking on a panel on the lower middle market at With Intelligence - Pension Bridge Private Credit in Carlsbad, CA.   Her panel will discuss why managers are increasingly looking to deals in the lower middle market and how best to take advantage of the opportunity in what many describe as the “sweet spot” of private credit.   For more detail on the event, click here: https://lnkd.in/ePT23mrJ   Let us know if you will be there!    #PBPrivateCredit25 #PensionBridge #WithIntelligence

Today, Crescent released its first quarter 2025 CLO Equity Market Insights. In this report, Crescent Managing Directors & Portfolio Managers Kimberly Frazier and Nilesh Mandhare reflect on the conditions that led to a solid year for CLOs in 2024 and why they expect that momentum to continue into 2025. They cover: · Renewed demand for CLO equity from institutional investors, family offices, and international accounts following 16% returns in 2024 · How to approach defensive portfolio construction given macro-environment uncertainty · Why CLO equity makes a great complement to a diversified private equity or private credit portfolio Check out the full report below.