LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, a leading alternative credit investment firm, announced today that Mark du Four has joined the company as a managing director focusing on private capital markets. Mr. du Four will be responsible for sourcing middle market lending opportunities for the Crescent platform and providing capital markets and syndication capabilities. Crescent has been an active participant in the private and public alternative credit markets for more than 25 years and is adding resources to meet the needs of its clients that are increasingly turning to Crescent for its ability to source and diligence credits both in the public markets as well as through its proprietary network of sponsors and non-sponsored middle market companies.
Mr. du Four brings more than 30 years of below investment grade credit market experience to Crescent. Previously, he was Head of Capital Markets for NewStar Financial, where he served for 14 years. He has also held senior level roles in capital markets and originations at FleetBoston, Bank of Montreal and Chase.
“Mark brings a strong history and track record of sourcing, underwriting and capital markets experience to Crescent as we continue to meet the growing needs of credit investors,” said Jean-Marc Chapus, Co-Founder and Managing Partner of Crescent. “As our platform has grown, so has our need to find experienced leaders to join our team, and who have the same investment outlook and discipline that has served our clients for the long term.”
Crescent Capital Group LP is headquartered in Los Angeles with offices in Boston, London and New York. With over 75 investment professionals and more than 160 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 and other private debt securities. As of June 30, 2018, Crescent managed approximately $25 billion in assets.