crescent capital portfolio

Crescent Capital is an independent private equity and asset management firm with a focus on energy and infrastructure investments in Turkey and surrounding regions. Taseko Mines Limited (AMEX:TGB) Q4 2022 Earnings Call Transcript, Smith & Nephew plc (NYSE:SNN) Q4 2022 Earnings Call Transcript. This website must be read in conjunction with the applicable offering documents or Private Placement Memorandum in order to understand fully all of the implications and risks of investing in real estate and a copy of the offering documents must be available to you in connection with any offering. Not the case? Crescents investment success across education, services and mining technology has helped innovative Australian businesses compete on a global stage. management team, and recent news are also included. Shares added by 1.69% iShares Russell 1000. I mean how would the how are the operating trends doing? Crescent Point Energy (CPG) Receives a Buy from BMO Capital An investment in Crescent BDC is different from a direct investment in any of the asset types shown above. We believe that we benefit from years of experience managing below investment grade bank loans and debt securities over multiple economic and market cycles. AirAsia plans to launch ride-hailing service in Spore, but do they stand a chance to compete? Sun Life-backed Crescent targets $6bn for two private debt funds 2023 Crescent Capital Group LP. Im on Slide 19. 2009 Crescent Capital, All Rights Reserved. Thank you, operator. Henry Chung: Thanks, Jason. An investor who invested $10,000 in Warren Buffetts hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees (this means Warren Buffett made more than $36,000 in fees from this investor). Every year we ask all of our executives the question Would you recommend working with Crescent to a friend or colleague? After submitting your request, you will receive an activation email to the requested email address. Video: Paul Wappett, CEO Australian Institute of Business. Stock Market | Pittsburgh Post-Gazette Please go ahead. We still like this investment. We see several investors trying to strike it rich in options market by risking their entire savings. Crescent Capital Consulting, LLC Buys iShares TIPS Bond ETF - Yahoo! From cross portfolio introductions and business development, provision of consulting style support on key projects, through to assisting portfolio companies through major strategic change, the Crescent investment team has a unique blend of high end consulting and operational skill sets to support the investee companies. Comments made over the course of this conference call and webcast may contain forward-looking statements and are subject to risks and uncertainties. Video: Melinda McGrath, CEO Australian Clinical Labs. Operator: Ladies and gentlemen, this does conclude our conference call for today. Get the full list, Youre viewing 5 of 21 co-investor. The bad news is, this July 25th twist is also likely to make Biden and the progressives more powerful than ever. As you can see on the left-hand side of the page, over 99% was an existing senior secured first lien and unitranche investments. Since 1995 Crescent Capital has been supporting and building high-grade venture backed companies in Northern Ireland. The shocking amount some people have saved, and why speaking with a financial advisor could help increase your returns and alleviate stress. Crescents track record is successfully managing through multiple economic and market cycles, provides us with significant and relevant experience navigating what could be a challenging environment in 2023 and beyond. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. . I believe it will make millions of Americans vastly wealthier. Read More Portfolio See our recent purchases and offers. Get matched with a tax expert to do your taxes, https://www.businesswire.com/news/home/20230228005594/en/. The first question comes from Robert Dodd of Raymond James. If you experience any issues with this process, please contact us for further assistance. Jason Breaux: Hey Robert, its Jason. (310) 235-5900 Heres an airasia flight discount BigPay users can benefit from for 2023, High Airfares Are Here to Stay, AirAsias Fernandes Says. Through our deep inhouse expertise assisting emerging and growth companies across Australia and New Zealand since 2000, we have raised over $3bn across six funds and completed more than 45 foundation investments and assisted our portfolio companies with over 150 follow-on acquisitions. Crescent Capital's shares are likely to rebound, as fundamental factors don't support the downtrend. Which investors participated in the most funding rounds within this hub? Which companies in this hub have the most subsidiaries? Crescent Capital Group Closes Second Direct Lending Fund at Total investment income again reached its highest level since inception and recurring yield related investment income continues to grow in both absolute dollars and as a percentage of our total revenue, which Gerhard will provide more color on. The weighted average loan-to-value in the portfolio at time of underwriting was approximately 40%, which provides the same margin of safety from both an enterprise value perspective as well as capitalized risk beneath our tranche that is available to support our investments. (310) 235-5900 Crescent Capital Group Announces Hiring of Jonathan Harari as Global Our adjusted net investment income per share of $0.49 for the fourth quarter of 2022 compares to $0.42 per share for the prior quarter and $0.43 per share for the fourth quarter of 2021. We initially share this idea in October 2018 and the stock already returned more than 150%. That means much bigger government. Powered by Investor Host, Multi-Family & Commercial Property Investing, Understanding How Real Estate Syndications Work in Practice, The Tax Benefits of Investing in Multifamily Real Estate. The obvious, I mean, how you gave the interest coverage based on year-end rates. As of year-end, consistent with the prior quarter, we had investments in four portfolio companies on nonaccrual status, representing 2.0% and 1.2% of our total debt investments at cost and fair value, respectively. By providing your email address below, you are providing consent to Crescent Capital BDC, Inc. to send you the requested Investor Email Alert updates. Home - Crescent Capital 2023 PitchBook. Dan McMahon: Good morning, and welcome to Crescent Capital BDC, Inc.s fourth quarter and year ended December 31, 2022 earnings conference call. The $46 million in gross deployment compares to approximately $71 million in aggregate exits, sales and repayments in the quarter, inclusively a final $8 million liquidating return of capital from our joint venture, which, as Jason noted, is now fully dissolved. Our team have been drawn from top tier strategy consulting practices and operating leadership roles in industry. Warren Buffett has been investing and compounding for at least 65 years. Capital raised by global funds reached almost $150 billion as of 30 September, up 19 percent year over year, Private Debt Investor reported. Our focus on unitranche opportunities allows us to offer even greater certainty of execution to our private equity sponsors and enables us to enhance our yield opportunity while remaining at the top of the capital stack. ", "I strongly recommend working in partnership with Crescent Capital. To participate please dial (877 . You can sign up for additional alert options at any time. Gerhard Lombard: Thanks, Henry, and good morning, everyone. Series A, Seed, Private Equity), Average of the Crunchbase Ranks of the organizations in this hub, Organization Name: Name of the Organization, Total Funding Amount: Total amount raised across all funding rounds, CB Rank (Organization): Algorithmic rank assigned to the top 100,000 most active Organizations, Trend Score (30 Days): Movement in Rank over the last 30 days using a score from -10 to 10, Total number of funding rounds associated with this hub, Total funding amount raised across all funding rounds, Total number of acquisitions made by organizations in the hub, Announced Date: Date that the Funding Round was publicly announced, Organization Name: Name of the organization that got funded, Transaction Name: Auto-generated name of transaction (e.g. I believe he will not only run again next year, but could win a 2nd Presidential term and by a LANDSLIDE. Wed be happy to take your questions, and please understand that we may be limited in some answers due to the ongoing First Eagle transaction. As of December 31, 99% of our debt investments at fair value were floating rate with a weighted average floor of 80 basis points, which compares to our 72% floating rate liability structure based on debt drawn with no floors. In our view, our long-term track record of strong credit performance and NAV stability since inception demonstrates the merits of our proven investment process as we work to deliver attractive results to our shareholders. de C.V. (NYSE:VIST) Q4 2022 Earnings Call Transcript, TriMas Corporation (NASDAQ:TRS) Q4 2022 Earnings Call Transcript, Tennant Company (NYSE:TNC) Q4 2022 Earnings Call Transcript. Venture Capital Portfolio. Angel, Fund of Funds, Venture Capital), Median number of investments made by investors in this hub, Median number of lead investments made by investors in this hub, Announced Date: Date the acquisition was announced, Acquirer Name: Name of the acquiring organization, Transaction Name: Auto-generated name of transaction (e.g. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. That nonrecurring income has now been replaced by recurring yield related income from Crescents originated assets. Crescent is an alternative asset manager with approximately $40 billion 1 of assets under management and over 210 employees as of December 31, 2022. Finally, for the first quarter of 2023, our Board declared a $0.41 per share quarterly cash dividend, which will be paid on April 17, 2023, to stockholders of record as of March 31, 2023. Between 1957 and 1966 Warren Buffetts hedge fund returned 23.5% annually after deducting Warren Buffetts 5.5 percentage point annual fees. Crescent Capital is unique in its ability and track record of building out businesses from a standing start, internally and in partnership with management teams. Crescent wraps up eighth private credit fund at $8bn, Investor Relations, Marketing & Communications Forum. To reiterate Henrys comments, we prioritize delevering during Q4 in advance of the close of the First Eagle acquisition. Warren Buffett took 25% of all returns in excess of 6 percent. How Crescent invests Crescent began life in 1991, when managing partners Attanasio and Jean-Marc Chapus established Crescent Capital Corp. Private Equity Round - Integrity Marketing Group, Gladstone Wealth Partners acquired by Integrity Marketing Group, American Health Plans acquired by Integrity Marketing Group, PHP Agency acquired by Integrity Marketing Group, Compass Group Insurance acquired by Integrity Marketing Group, Richman Insurance Agency acquired by Integrity Marketing Group, Investor, Startup, Company or School that the hub is based on, Total number of organizations associated with this hub, Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of founders of organizations in the hub, Average date the Organization was founded, Percentage of organizations in this hub that have been acquired, Percentage of organizations that have gone public with an IPO, Total number of for-profit companies in this hub, Last Funding Round type of organizations in the hub (e.g. Operator: Thank you. Ill provide some fourth quarter and full year highlights, touch on our current portfolio and positioning and then turn it over to Henry to review our recent activity in more detail. We attributed the bulk of the quarters NAV decline to widening credit spreads. We redeployed the majority of the proceeds from this monetization activity primarily into directly originated higher spread Crescent private credit opportunities. The companies continue to grow on the top line and the bottom line. Crescent Capital BDC, Inc. (NASDAQ:CCAP) Q4 2022 Earnings Call Transcript February 23, 2023. Information on investments, active portfolio, exits, fund performance, dry powder, team and co-investors for Crescent Capital. Website by GCI. ", "Crescent brings a laser light focus on the things that drive value to our business.". Robert Dodd: Got it. Crescent Capital is a Belfast based venture capital fund manager. Active vs. Or is that just a timing? Our GAAP earnings per share or net increase in net assets resulting from operations for the fourth quarter of 2022 was $0.08, which compares to negative $0.08 per share for the prior quarter. Crescent Capital Partners | Private Equity Firm in Sydney Australia . You must click the activation link in order to complete your subscription. There are no further questions at this time. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. This means the bullish number of . As of December 31, we managed our debt-to-equity ratio down to 1.08x from 1.11x at September 30. Description. Venture Capital Portfolio Mr. Harari brings more than 15 years of investment experience to Crescent Capital. The fund was more than double the size of . Through our deep inhouse expertise assisting emerging and growth companies across Australia and New Zealand since 2000, we have raised over $3bn across six funds and completed more than 45 foundation investments and assisted our portfolio companies with over 150 follow-on acquisitions. As a reminder, this call is being recorded for replay purposes. By providing your email address below, you are providing consent to Crescent Capital BDC, Inc. to send you the requested Investor Email Alert updates. As you can see on the right-hand side of the slide, we have a low level of debt maturities over the next few years with $150 million maturity related to our 5.95% unsecured notes in July 2023. Crescent Capital Group is headquartered in Los Angeles with offices in Boston, London, and New York. You can see that the weighted average yield of income producing securities at cost increased meaningfully quarter-over-quarter from 9.5% to 10.8% on the heels of the Federal Reserves interest rate hikes and is up 330 basis points year-over-year. Finally, for the first quarter of 2023, our Board declared a $0.41 per share quarterly cash dividend, which will be paid on April 17, 2023, to stockholders of record as of March 31, 2023. We believe that these asset classes provide our clients with opportunities to generate income while preserving capital. 2023 Crescent Capital Group LP. Home - Crescent Capital Investments His investors didnt mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957. The team brings together complementary backgrounds in structured finance, private equity, law, engineering, and project development, with more than 80 years of direct financing and investment expertise. The companys actual results could differ materially from those expressed in such forward-looking statements for any reason, including those listed in its SEC filings. Crescent Credit Solutions VIII's backers include insurance companies, pension funds, sovereign wealth funds . Networking We provide expertise and exposure to a network of relevant business contacts. SLC Fixed Income portfolios qualify as sustainable As of December 31, 2022 Key differentiators Experienced teams with deep private credit expertise Our investment teams have specialized in private debt for more than 40 years, offering the necessary skills to navigate a nuanced asset class.

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