Crescent closes well above $2.5bn target

The $3.4bn close includes several new limited partners, says Crescent co-founder Jean-Marc Chapus. 

Crescent Capital Group has closed its latest mezzanine vehicle on more than $3.4 billion, well over its target of $2.5 billion, the firm announced in a statement Tuesday.

We are particularly grateful to the significant number of existing limited partners that chose to participate in this fund,” said Crescent managing partner and co-founder Jean-Marc Chapus in a statement.

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