Private fund adviser · LOS Angeles, CA
Crescent Capital Group LP
SEC-registered investment adviser · CRD 153966 · SEC 801-71747
At a glance
Crescent Capital Group LP is an SEC-registered investment adviser based in LOS Angeles, California, with $49.7 billion in regulatory assets under management as of its Form ADV filed May 21, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 158th of 4,686 private fund advisers and 435th of 17,210 SEC-registered advisers by assets.
Main office 310-235-5900crescentcap.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $50B
- Rank among private fund advisers
- #158 of 4,686
- Rank among all SEC RIAs
- #435 of 17,210
- Rank in California
- #43 of 1,873
- Clients
- 184
- Accounts
- 184
- Discretionary
- 100% of AUM
- Employees
- 239
- Advisory staff
- 117
- Offices
- 6
Owners and executives on its Form ADV
- Gerhard P. LombardChief Financial Officer
- Andrew S. LevineChief Compliance Officer
- George P. HawleyGeneral Counsel
- Christopher G. WrightPresident
Custody and brokerage
Broker-dealer
Hybrid RIA
Crescent Capital Group LP is a hybrid RIA: 12 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Advisors Asset Management, Inc., BGO Capital (canada) Inc., Bentallgreenoak Real Estate US LLC, MFS Fund Distributors, Inc., Slgi Asset Management Inc., Sun Life Capital Management (canada) Inc., Sun Life Global Investments (canada) Inc. and Sun Life Institutional Distributors (u.s.) LLC.
- Advisors Asset Management, Inc. ↗CRD 46727
- BGO Capital (canada) Inc.
- Bentallgreenoak Real Estate US LLC ↗CRD 157909
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, March 2026
- MFS Fund Distributors, Inc. ↗CRD 31052
- Slgi Asset Management Inc.
- Sun Life Capital Management (canada) Inc.
- Sun Life Global Investments (canada) Inc.
- Sun Life Institutional Distributors (u.s.) LLC ↗CRD 170062
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, February 2026
Its Form ADV brochure (filed March 2026) names Sun Life Institutional Distributors (u.s.) as the broker-dealer its advisers are registered with.
are now registered with FINRA and supervised as registered representatives of Sun Life Institutional Distributors (U.S.) LLC (“SLID”), a registered broker-dealer and member of FINRA, through Sun Life Financial’s indirect 100% ownership of
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 140 | $40B | 81% |
| Insurance companies | 21 | $3.7B | 8% |
| State or municipal government entities | 6 | $2.6B | 5% |
| Business development companies | 1 | $1.0B | 2% |
| Sovereign wealth funds and foreign official institutions | 5 | $855M | 2% |
| Pension and profit sharing plans | 4 | $672M | 1% |
| Other investment advisers | 3 | $215M | <1% |
| Corporations or other businesses | 2 | $210M | <1% |
| Charitable organizations | 2 | $114M | <1% |
Private funds
Crescent Capital Group LP reports 88 private funds with $23B in gross assets: hedge funds, private equity funds, securitized asset funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Crescent Capital Group LP reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗crescentcap.com ↗
AtlasMembers
The full record on Crescent Capital Group LP
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 368 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Crescent Capital Group LP manage?
Crescent Capital Group LP reports $49.7 billion in regulatory assets under management across 184 accounts, 100% of it on a discretionary basis, on its Form ADV filed May 21, 2026.
What kind of firm is Crescent Capital Group LP?
Crescent Capital Group LP is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. A public reporting company controls it.
Who are Crescent Capital Group LP’s clients?
By assets, its largest client types are pooled investment vehicles ($40.3 billion, 140 clients); insurance companies ($3.7 billion, 21 clients); state or municipal government entities ($2.6 billion, 6 clients).
Does Crescent Capital Group LP manage private funds?
Yes. It reports 88 private funds with $22.7 billion in gross assets, including hedge funds, private equity funds, securitized asset funds, other private funds.
Does Crescent Capital Group LP have any disciplinary history?
Crescent Capital Group LP reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Crescent Capital Group LP’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-05-21), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →