Key Takeaways
- • Crescent Capital Group plans to open a new office in Frankfurt, Germany, in 2025, expanding its presence in the DACH region (Germany, Austria, and Switzerland).
- • Michael Sauerbrey, who joined Crescent in October 2024, will lead the Frankfurt office as managing director and head of DACH.
- • The expansion aims to bring Crescent's alternative credit strategies to institutional investors and family offices in Europe.
- • Crescent is a Los Angeles-based credit investment manager and part of SLC Management, Sun Life's institutional alternatives and traditional asset management business.
- • Crescent managed $43 billion in assets as of September 30, 2024.
Summary
Crescent Capital Group has announced plans to establish a new office in Frankfurt, Germany, in 2025, according to the firm's announcement. The move strengthens Crescent's presence in the DACH region of Europe, which comprises Germany, Austria, and Switzerland.
The expansion is part of the Los Angeles-based credit investment manager's broader goal of bringing its alternative credit strategies to institutional investors and family offices in Europe. Crescent has appointed Michael Sauerbrey to lead the Frankfurt office as managing director and head of the DACH region. Sauerbrey joined the firm in October 2024.
Crescent is part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. As of September 30, 2024, Crescent managed $43 billion in assets.
The expansion is part of the Los Angeles-based credit investment manager's broader goal of bringing its alternative credit strategies to institutional investors and family offices in Europe. Crescent has appointed Michael Sauerbrey to lead the Frankfurt office as managing director and head of the DACH region. Sauerbrey joined the firm in October 2024.
Crescent is part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. As of September 30, 2024, Crescent managed $43 billion in assets.
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