Private Equity

Founded in 2000 as an independent Private Equity manager, Crescent’s large and experienced investment team includes more than 45 investment and management professionals.

Crescent empowers our investment portfolio senior management teams with the strategic and operational tools to grow their business.

  • $3.5 billion Assets Under Management across all funds
  • Seven Funds raised since 2000
  • The most active private equity manager in Australian healthcare

Crescent is the market-leading healthcare franchise in Australia with a stable, long-term partner group who have worked together across industries and sectors.

  • Completion of 50 investments over 25 years
  • Completion of 37 exits
  • Over 200 follow-on acquisitions for portfolio companies

Sector Expertise

01Healthcare

Healthcare is Crescent’s largest sector by investment. Our team have over 35 years of experience across the full spectrum of healthcare and allied health businesses. Healthcare

02Industrials

Crescent is the most active Private Equity investor in industrial companies in Australia, having invested in 14 industrial businesses in the last 6 funds.

03Financial Services

Crescent has achieved strong success in Financial Services with expertise in creating value through organic growth, acquisitions and geographical expansion into Asia.

04Services and Industrial Technology

Crescent’s investments across the education, business services and industrial technology sectors have helped innovate Australian businesses compete on a global stage.

05Consumer Brands

With the launch of Crescent’s Consumer Fund and the recruitment of a specialist team with breadth of experience, we are committing to the development of the Australian consumer brand market. Consumer Brands
Consumer Fund

Uniquely Focused Fund Australia has a record of building market leading global consumer brands looking for investment to expand into international markets.

This fund is dedicated to this sector lead by a specialist consumer team with international experience and a domestic focus.

Specialist Investment Expertise

With the addition of this new strategy comes the welcoming of a new, highly experienced partner and investment team with the ability to source Australian companies ready for private equity investment.

Differentiated Investment Strategy

The investment approach for the Consumer Fund is to be in the only domestic private equity manager with specialised resources on the ground in Australia focussed on consumer brands. The strategy will adapt to small and large deals across a spectrum of ownership structures.

Category and Growth Focus

The depth of experience in our investment team mean their focus and analysis will be on the specific categories in the consumer market that are ready to grow and prosper and where the benefits of private equity investment are most profound.

Our Investment Approach

Crescent Capital Partners is a value-add manager; we make investments based on long-term thematics and employ a high engagement model of management. Our team develops and assists businesses reach their strategic and operational capabilities to enable them to grow and prosper.

Active Ownership

Crescent has an active partnership ethos, which is a highly structured and disciplined approach to portfolio management and hands-on value creation. We believe an active engagement model is key enabler of strong company performance.

Accelerated Growth

In addition to equity capital, partnering with Crescent brings access to deep industry expertise and significant strategy and operational support. This serves to drive growth and performance improvement, accelerating value creation for shareholders.

Business Building

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. We have a large internal team which helps accelerate a portfolio company management team’s decision making.

Partnering for Success

The foundation of our success is the working relationship we have with the business owners and leadership teams we partner with. Every year we ask all of our executives the question – Would you recommend working with Crescent to a friend or colleague? We are proud to have globally leading NPS scores with our executive partners.

Added Value Support

We operate one of the largest investment teams in the market, enabling us to work alongside our management teams to accelerate business performance. 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 management consulting and operational skill sets to support investee companies.

Active Ownership

Crescent has an active partnership ethos, which is a highly structured and disciplined approach to portfolio management and hands-on value creation. We believe an active engagement model is key enabler of strong company performance.

Accelerated Growth

In addition to equity capital, partnering with Crescent brings access to deep industry expertise and significant strategy and operational support. This serves to drive growth and performance improvement, accelerating value creation for shareholders.

Business Building

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. We have a large internal team which helps accelerate a portfolio company management team’s decision making.

Partnering for Success

The foundation of our success is the working relationship we have with the business owners and leadership teams we partner with. Every year we ask all of our executives the question – Would you recommend working with Crescent to a friend or colleague? We are proud to have globally leading NPS scores with our executive partners.

Added Value Support

We operate one of the largest investment teams in the market, enabling us to work alongside our management teams to accelerate business performance. 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 management consulting and operational skill sets to support investee companies.


Our Role

We provide support to business founders and their senior management teams to enable the achievement of their private equity goals. We accelerate business decisions by providing capital and an unparalleled breadth of experience.

Our Private Equity Team

Michael Alscher

Founder, Managing Partner – BComm

Peter Lyon-Mercado

Partner – BEng (Civil) (Hons), FCA, SA Fin

Daren McKennay

Partner – BBus, MBA, CA

Neville Buch

Partner – BSc Eng (Hons), MBA

Nathanial Thomson

Partner – BComm (Hons), LlB (Hons)

Stuart Butterworth

Partner – BA / LLB (First Class)

Patrick Schmidt

Investment Director – BComm (Fin)/LLB (First Class Hons)


Interested in Investing in Private Equity?

If you are interested in knowing more about Crescent Capital Partners Private Equity investment opportunities, contact us by completing the form below.