Crescent Capital racks up about $1.6 bln for second direct lending fund

Los Angeles-based Crescent Capital Group LP, an alternative credit investment firm, has closed its second direct lending fund at about $1.6 billion, beating its approximate $600 million target. CDL Fund II's backers include pension funds, insurance companies, financial institutions, foundations and endowments.

29 November 2018•3 mins read
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