LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, a leading investment firm focused on below investment grade credit, announced today that Peter Mitchell has joined the company as Senior Vice President of Investor Relations. He will be responsible for marketing Crescent’s strategies to institutional investors including public pension plans and multi-employer pension plans.
Mr. Mitchell brings more than a decade of experience in the financial industry. He joins Crescent from Thornburg Investment Management where he was a Senior Portfolio Specialist. Prior to that, he filled senior roles in the financial industry including as Managing Director of Investor Relations at EnTrust Capital, Inc. and Director of Sales at Snow Capital Management. Prior to his financial career, Mr. Mitchell played for nine seasons as tight end in the National Football League for the Jacksonville Jaguars, New York Giants and Detroit Lions.
“Pete is a valuable addition to our team given his experience working with institutional investors to understand their challenges and to provide investment solutions based on their needs,” said Jean-Marc Chapus, Co-Founder and Managing Partner of Crescent Capital. “We believe that adding a senior executive of Pete’s caliber to our team will help us meet the increased investor demand for Crescent’s broad array of below investment grade credit strategies.”
About Crescent Capital Group
Crescent Capital Group LP, an SEC-registered investment adviser, is headquartered in Los Angeles with offices in Boston, London and New York. With approximately 70 investment professionals and 130 employees, the firm invests at all levels of the capital structure, with a significant focus on below investment grade credit through strategies that invest in senior bank loans, high yield debt, mezzanine debt, distressed debt and other private debt securities. As of March 31, 2015, Crescent Capital Group managed over $17 billion in assets, with a relatively equal split between marketable securities and privately originated debt investments.