{
  "crd_number": 153966,
  "slug": "crescent-capital-group-lp-los-angeles-ca-153966",
  "primary_business_name": "CRESCENT CAPITAL GROUP LP",
  "legal_name": "CRESCENT CAPITAL GROUP LP",
  "dbas": [],
  "city": "Los Angeles",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-08-10",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-05-21",
  "carried_forward": false,
  "raum_total": 49714084717.0,
  "raum_discretionary": 49714084717.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 239,
  "advisory_employees": 117,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 114438354.0,
      "count": 2,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 2582806508.0,
      "count": 6
    },
    "insurance_companies": {
      "raum": 3746995681.0,
      "count": 21
    },
    "pension_profit_sharing": {
      "raum": 672342860.0,
      "count": 4,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 214821758.0,
      "count": 3,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 40311883104.0,
      "count": 140
    },
    "corporations_other_businesses": {
      "raum": 209975560.0,
      "count": 2,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 1006162000.0,
      "count": 1
    },
    "sovereign_wealth_foreign_official": {
      "raum": 854658892.0,
      "count": 5
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "MA",
    "NY"
  ],
  "websites": [
    "https://crescentcap.com",
    "https://instagram.com/crescentcap",
    "https://linkedin.com/company/crescent-capital-group",
    "https://x.com/crescentcap",
    "https://youtube.com/@crescentcapitalgroup8859/featured"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/153966",
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/crescent-capital-group-lp-los-angeles-ca-153966",
  "display_name": "Crescent Capital Group LP",
  "summary": "Crescent Capital Group LP is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2010, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.",
  "citation": "AdvisorCensus. Crescent Capital Group LP (CRD 153966): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Crescent Capital Group LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Crescent Capital Group LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Crescent Capital Group LP located?",
      "a": "Crescent Capital Group LP's principal office is in Los Angeles, CA, according to its Form ADV; the June 2026 filing also lists 5 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Crescent Capital Group LP registered with the SEC or a state?",
      "a": "Crescent Capital Group LP is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153966."
    },
    {
      "q": "How much does Crescent Capital Group LP manage?",
      "a": "Crescent Capital Group LP reports $49,714,084,717 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (100% discretionary)."
    },
    {
      "q": "How have Crescent Capital Group LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Crescent Capital Group LP: Regulatory assets under management: $30,938,865,202 in the October 2021 data and $49,714,084,717 in the October 2026 data, up 61%. Total employees: 184 in October 2021 and 239 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Crescent Capital Group LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (140); insurance companies (21); state or municipal government entities (including government pension plans) (6)."
    },
    {
      "q": "Which custodians does Crescent Capital Group LP use?",
      "a": "Crescent Capital Group LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon, Northern Trust and U.S. Bank as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Crescent Capital Group LP report any disciplinary disclosures?",
      "a": "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/153966"
    },
    {
      "q": "What changed in Crescent Capital Group LP's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 30938865202.0,
      "total_employees": 184,
      "filing_date": "2021-08-16"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 39726667836.0,
      "total_employees": 201,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 43217956905.0,
      "total_employees": 212,
      "filing_date": "2023-05-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 42557268774.0,
      "total_employees": 229,
      "filing_date": "2024-05-23"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 43776048216.0,
      "total_employees": 231,
      "filing_date": "2025-04-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 49714084717.0,
      "total_employees": 239,
      "filing_date": "2026-05-21"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 114 to 117.",
        "Regulatory assets under management went from $43,776,048,216 to $49,714,084,717 (+14%).",
        "Changed its office addresses in London.",
        "No longer lists an office in Dubai.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "BNY Mellon",
      "name_as_filed": "BNY MELLON",
      "affiliated": false
    },
    {
      "name": "Northern Trust",
      "name_as_filed": "NORTHERN TRUST",
      "affiliated": false
    },
    {
      "name": "U.S. Bank",
      "name_as_filed": "U.S. BANK",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/crescent-capital-group-lp-los-angeles-ca-153966.md",
  "clients": [
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 1006162000.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 140,
      "fewer_than_5": false,
      "raum": 40311883104.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 4,
      "fewer_than_5": true,
      "raum": 672342860.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": true,
      "raum": 114438354.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 2582806508.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 3,
      "fewer_than_5": true,
      "raum": 214821758.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 21,
      "fewer_than_5": false,
      "raum": 3746995681.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 5,
      "fewer_than_5": false,
      "raum": 854658892.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 209975560.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/153966",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}