Crescent Capital Group picks new head of private credit
Crescent Capital Group has appointed Jason Breaux as its new head of private credit.
A stalwart of the group, Breaux will maintain his roles as chief executive officer of Crescent Capital BDC and chair of the Board of Crescent Private Credit Income Corp. He will report to Crescent president Christopher Wright.
Read more: Crescent Capital raises €3bn for third European specialty lending fund
Breaux has more than 24 years of experience at Crescent, and has been CEO of CCAP, Crescent’s publicly traded BDC, since 2015. He also played a leading role in the launch of CPCI, Crescent’s continuously offered non-traded BDC. Breaux will continue in his role as a member of Crescent’s investment committees.
Read more: Castlelake inks new £70m facility with TradeBridge
“Working closely with Chris and the rest of our strong leadership team, Jason’s deep expertise in credit, combined with a clear vision for the future, ensures that Crescent remains well-positioned at this pivotal moment for both our firm and the rapidly expanding private credit market,” said Mark Attanasio and Jean-Marc Chapus, co-founders and managing partners of Crescent.
