Mark Attanasio — Crescent Capital Group

Co-Founder and Managing Partner

THE LATEST: In early January, Toronto-based Sun Life Financial Inc. completed its 51% majority stake acquisition of Sawtelle-based Crescent Capital Group, which is focused on originating and investing in the debt of private companies. In mid-January, Crescent Capital gave fast-casual restaurant chain California Pizza Kitchen Inc.’s bankruptcy process a helping hand, converting more than half of the company’s debt into equity and reducing its long-term obligations from roughly $403 million to $174 million. In February 2020, Crescent Capital completed its purchase of Alcentra Capital Corp., which provides debt and equity financing, for $142 million in cash and stock.
BACKGROUND: Crescent Capital is an investment firm specializing in debt securities. It was acquired by TCW in 1995 and re-established as a stand-alone firm in 2010. Prior to founding Crescent Capital, Attanasio worked as an investment banker at Drexel Burnham Lambert Inc. and as an attorney at Debevoise & Plimpton. He serves on the boards of Heal the Bay, the Los Angeles County Museum of Art and the Harvard-Westlake School. He is also a member of LA2028, the bid committee bringing the Olympic Games to Los Angeles. In addition, Attanasio is the principal owner and chairman of the Milwaukee Brewers and a member of Major League Baseball’s Executive Council.
YEARS ON THE LA500: 6
Return to the 2021 edition of the LA500.