- Fund name: Crescent European Specialty Lending Fund II (“CESL II”)
- Amount raised: $1.74 billion
- Target size: $1.09 billion
- Stage of fundraising: Final close
- Final close date: April 2020
- Predecessor Fund: Crescent European Specialty Lending Fund I (“CESL I”)
Crescent Capital Group held a final closing of Crescent European Specialty Lending Fund II at $1.74 billion, exceeding their initial target by over half a billion dollars. Capital raised by this vehicle will be used to invest in European privatized secured debt securities.