Crescent Capital Group Closes Second CLO Equity Fund at $232MM
Crescent Capital Group, an alternative credit investment firm, completed the final close of its second captive collateralized loan obligation (CLO) equity fund, Crescent CLO Equity Funding II, with $232 million […]
Crescent Capital Group, an alternative credit investment firm, completed the final close of its second captive collateralized loan obligation (CLO) equity fund, Crescent CLO Equity Funding II, with $232 million […]
BELLINGS Intelligence Score: 18
Why it matters
The closing of Crescent Capital Group's second CLO equity fund at $232 million is a notable private-credit fundraising event but represents routine market activity without novel structures or systemic impact.
Sources
ABF Journal
Crescent Capital Group Closes Second CLO Equity Fund at $232MM
Crescent Capital Group, an alternative credit investment firm, completed the final close of its second captive collateralized loan obligation (CLO) equity fund, Crescent CLO Equity Funding II, with $232 million […]
Alternative Credit Investor
Crescent lands $232m for second CLO equity fund
Crescent Capital has raised $232m (£170.7m) at the final close of its second collateralised loan obligation (CLO) equity fund. The Crescent CLO Equity Funding II doubled the size of its predecessor, Crescent CLO Equity Funding I, which closed in 2018 with $103m in commitments,…