Crescent Capital Group Announces Hiring of Juan Grana as Managing Director to Lead Bank Capital Solutions

Doran Chernichen also Joins as Managing Director, Both Bringing Decades of Credit Market Experience to Crescent’s Private Credit Platform

LOS ANGELES & LONDON--(BUSINESS WIRE)--Crescent Capital Group LP, a leading alternative credit investment firm, announced today the hiring of Juan Grana as Managing Director to head the firm’s bank capital solutions team focusing on credit risk-sharing transactions. In addition, Doran Chernichen will also be joining the bank capital solutions team as Managing Director. Both will be based in the firm’s London office. Crescent’s bank capital solutions strategy will seek to capitalize on the growth of the significant risk transfer (SRT) market.

Mr. Grana brings more than 20 years of deal-making experience in the credit markets. Before joining Crescent, he was Managing Director, Senior Portfolio Manager, and Head of Origination at Chorus Capital. Prior to that, he played a key role at ArrowMark Partners, where he established the firm’s European offices and led investments in risk-sharing transactions. Mr. Grana spent more than a decade at Credit Suisse, where he co-led Capital and Credit Risk Modeling before being appointed as Managing Director in Credit Structuring. In that role, he was instrumental in developing the firm’s risk-sharing capabilities. He also served as a Managing Director in the Structured Solutions Group at Nomura.

Mr. Chernichen has more than 20 years of sell-side investment banking experience. He most recently held senior roles at Standard Chartered and Credit Suisse, where he covered credit managers and sponsors, and specialized in the credit-risk sharing space. Mr. Chernichen offers deep experience in credit risk-sharing issuance, financing, and secondary trading.

About Crescent Capital Group LP

Crescent is a global credit investment manager with $48 billion of assets under management as of June 30, 2025. For over 30 years, the firm has focused on below investment grade credit through strategies that invest in marketable and privately originated debt securities including senior bank loans, high yield bonds, as well as private senior, unitranche and junior debt securities. Crescent is headquartered in Los Angeles with offices in New York, Boston, Chicago and London with over 230 employees globally. Crescent is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. For more information about Crescent, visit www.crescentcap.com.