# Crescent Capital Group LP

> 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.

- CRD: 153966
- Filed as: CRESCENT CAPITAL GROUP LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: May 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/153966
- AdvisorCensus page: https://advisorcensus.com/firm/crescent-capital-group-lp-los-angeles-ca-153966

## Quick answers

**How is Crescent Capital Group LP compensated?**
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.

**Where is Crescent Capital Group LP located?**
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).

**Is Crescent Capital Group LP registered with the SEC or a state?**
Crescent Capital Group LP is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153966.

**How much does Crescent Capital Group LP manage?**
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).

**How have Crescent Capital Group LP's assets and staff changed since 2021?**
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.

**What types of clients does Crescent Capital Group LP serve?**
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).

**Which custodians does Crescent Capital Group LP use?**
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.

**Does Crescent Capital Group LP 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/153966

**What changed in Crescent Capital Group LP's recent Form ADV filings?**
In the June 2026 filing data: 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

### Custodians (Schedule D, Section 5.K(3))
- BNY Mellon
- Northern Trust
- U.S. Bank

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.

### Regulatory assets under management (Item 5.F)
- Total: $49,714,084,717
- Discretionary: $49,714,084,717
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Business development companies | 1 | $1,006,162,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 140 | $40,311,883,104 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $672,342,860 |
| Charitable organizations | 2 | $114,438,354 |
| State or municipal government entities (including government pension plans) | 6 | $2,582,806,508 |
| Other investment advisers | 3 | $214,821,758 |
| Insurance companies | 21 | $3,746,995,681 |
| Sovereign wealth funds and foreign official institutions | 5 | $854,658,892 |
| Corporations or other businesses not listed above | 2 | $209,975,560 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2010 (16 years)
- Employees: 239 total, 117 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 June 2026 filing
- Boston, MA
- Chicago, IL
- Frankfurt/main
- London
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- crescentcap.com
- Instagram @crescentcap
- LinkedIn @crescent-capital-group
- X @crescentcap
- YouTube @crescentcapitalgroup8859

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $30,938,865,202 | 184 | August 16, 2021 |
| October 2022 | $39,726,667,836 | 201 | March 30, 2022 |
| October 2023 | $43,217,956,905 | 212 | May 18, 2023 |
| October 2024 | $42,557,268,774 | 229 | May 23, 2024 |
| October 2025 | $43,776,048,216 | 231 | April 30, 2025 |
| October 2026 | $49,714,084,717 | 239 | May 21, 2026 |

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.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Crescent Capital Group LP (CRD 153966): Form ADV filing data as of October 2026.