HedgeCo.Net — Crescent Capital Group said it had completed the final close of Crescent CLO Equity Funding II at $232 million of commitments, more than doubling the $103 million raised for Fund I in 2018. ABF Journal printed the close. Pulse2 independently carried the same $232 million total and the same Fund I comparison.
The captive vehicle will focus primarily on control equity positions in Crescent-managed CLOs, with flexibility to invest opportunistically in debt of Crescent CLOs and third-p...
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