Crescent Capital BDC, Inc. (“Crescent BDC”) is a business development company focused on originating and investing in the debt of private U.S. middle-market companies.
Crescent BDC seeks to maximize the total return of its stockholders in the form of current income and capital appreciation by providing capital solutions to middle market companies with sound business fundamentals and strong growth prospects. Crescent BDC utilizes the extensive experience, origination capabilities and disciplined investment process of Crescent Capital Group LP.
Crescent Capital is a global credit investment manager with approximately $28 billion1 of assets under management. For over 25 years, the firm has focused on below investment grade credit through strategies that invest in marketable and privately originated debt securities including senior bank loans, high yield bonds, and private senior, unitranche, and junior debt securities. Crescent Capital is headquartered in Los Angeles with offices in New York, Boston, and London and more than 175 employees globally.
1AUM is as of 12/31/2019 and includes committed assets and employee investments in Crescent managed portfolios.