# Crescent Group

Crescent Group is a Fund of Funds Manager based in Los Angeles, United States.

## Overview

- **Organization type:** Fund of Funds Manager
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1991
- **Assets under management:** Undisclosed
- **Website:** crescentassetmgt.com
- **LinkedIn:** https://www.linkedin.com/company/crescent-group

## Regulatory record

- **CRD number:** 153966
- **SEC file number:** 801-71747
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/153966

## About

We'll build you a simple system that gets you listings consistently on autopilot. | Bridging the gap between homeowners ready to sell and professional listing agents.

## Sectors

- Private Equity

## People

- Jean-Marc Chapus — Managing Partner
- Michael S. Falk — Managing Partner

## Questions

### Who runs investment decisions at Crescent Group?

Managing Partners Jean-Marc Chapus and Michael Falk lead the investment process. Both have been with the firm since its early years and participate directly in manager selection and portfolio construction. The firm operates with a lean team, meaning decisions are made by senior professionals rather than through a layered committee structure.

### How does Crescent Group source its fund investments?

Crescent relies on a long-established network of general partner relationships built over three decades. The firm's concentrated portfolio model deepens these relationships, giving it early looks at re-ups and new fundraises from its core managers. It also evaluates emerging managers through referrals from existing general partners and institutional peers.

### Does Crescent Group participate in fund commitments or only direct deals?

The firm's core activity is making primary fund commitments to private equity general partners. It also pursues co-investment opportunities alongside its selected managers on a deal-by-deal basis, which serves as a return enhancer and relationship tool rather than a standalone strategy.

### How does Crescent Group's concentrated portfolio model affect its risk profile?

Unlike broadly diversified fund-of-funds, Crescent's concentrated approach ties performance more tightly to the success of a smaller number of general partner relationships. This increases manager-specific risk but also raises the ceiling on informational advantage and co-investment access. The firm views deep manager diligence and ongoing monitoring as the primary risk mitigant.

## Related profiles

- [Crédit Agricole Assurances](https://altss.com/profile/cr-dit-agricole-assurances)
- [Cura Wealth Advisors](https://altss.com/profile/cura-wealth-advisors)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/crescent-group

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology