# Crescent Cap Advisors, LLC

> Crescent Cap Advisors, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 175430
- Filed as: CRESCENT CAP ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/175430
- AdvisorCensus page: https://advisorcensus.com/firm/crescent-cap-advisors-llc-los-angeles-ca-175430

## Quick answers

**How is Crescent Cap Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Crescent Cap Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Crescent Cap Advisors, LLC located?**
Crescent Cap Advisors, LLC's principal office is in Los Angeles, CA, according to its Form ADV; the April 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Crescent Cap Advisors, LLC registered with the SEC or a state?**
Crescent Cap Advisors, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 175430.

**How much does Crescent Cap Advisors, LLC manage?**
Crescent Cap Advisors, LLC reports $1,812,779,221 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Crescent Cap Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Crescent Cap Advisors, LLC: Regulatory assets under management: $1,129,687,532 in the October 2021 data and $1,812,779,221 in the October 2026 data, up 60%. Total employees: 0 in October 2021 and 0 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Crescent Cap Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: business development companies (1).

**Does Crescent Cap Advisors, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/175430

**What changed in Crescent Cap Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.E(2)). Added an office in Frankfurt. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $1,812,779,221
- Discretionary: $1,812,779,221
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Business development companies | 1 | $1,812,779,221 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2015 (11 years)
- Employees: 0 total, 0 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MA, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Boston, MA
- Chicago, IL
- Frankfurt
- London
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- crescentbdc.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,129,687,532 | 0 | May 17, 2021 |
| October 2022 | $1,489,513,958 | 0 | March 30, 2022 |
| October 2023 | $1,438,928,617 | 0 | March 30, 2023 |
| October 2024 | $1,780,594,100 | 0 | March 28, 2024 |
| October 2025 | $1,850,737,970 | 0 | March 31, 2025 |
| October 2026 | $1,812,779,221 | 0 | March 30, 2026 |

Regulatory assets under management: $1,129,687,532 in the October 2021 data and $1,812,779,221 in the October 2026 data, up 60%.
Total employees: 0 in October 2021 and 0 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.E(2)).
- Added an office in Frankfurt.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Crescent Cap Advisors, LLC (CRD 175430): Form ADV filing data as of October 2026.