Crescent Capital Group has hired Mark du Four as a new managing director. Mr. du Four will be responsible for sourcing middle market lending opportunities for the Crescent platform and providing capital markets and syndication capabilities.
Mr. du Four has more than 30 years of below investment grade credit market experience. Earlier in his career, 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.
Crescent is active in investing in below investment grade credit opportunities. The firm was founded in 1991 by Mark Attanasio and Jean-Marc Chapus. In 1995, Crescent was acquired by TCW and rebranded as TCW’s Leveraged Finance Group. On January 1, 2011, Messrs. Attanasio and Chapus, along with the entire investment team, spun out of TCW and formed Crescent Capital Group. Today, the firm has approximately $25 billion in assets under management and 160 employees.
“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 Mr. Chapus. “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 is headquartered in Los Angeles with additional offices in Boston, New York and London (www.crescentcap.com).
© 2018 Private Equity Professional | October 19, 2018