Crescent Capital Group LP

Private Equity

Est Annual Revenue:
$10m+
AUM:
$15bn-$25bn
Website
Industry: Asset Management

Crescent Capital Group LP Interview Questions

1 total interview insight submissions

Interview Experience (13%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (40%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

3
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (8%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

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Interviews at Crescent Capital Group LP

Year Position Location Group/Division Experience Difficulty
2019 Associate Los Angeles Investment Banking Neutral Average

Associate Interview - Investment Banking

Anonymous interview candidate in Los Angeles

Outcome

Declined Offer

Interview Source

Other

Length of Process

1-2 months
Interviewed: July 2019 Date Submitted: May 04, 2020

Application

Phone Interview
1 on 1 Interview
Skills Test
Other

Interview

1. First was a 1on1 phone interview test with mixture of technicals, behaviorals and market info.

2. In person model test requiring LBO with returns on from an equity and debt perspective

3. Walk through the case associated with LBO

4. Superday with mixture of all questions and why I wanted the firm, industry, etc. 6 interviews all day.

Interview Questions

I think the most difficult questions that were asked in the interview were:
1. Why credit fund and why specifically mezzanine debt - there is a fine line between regular credit funds and mezz
2. 5 questions I would ask if I knew only this about the business (QSR consumer, Margin profile, # of stores, and locations)
3. LBO test included different style of IRR analysis. Wanted equity IRR, debt IRR and blended IRR.
4. Why not P/E if that is the most traditional route that is taken from investment banking?
Sample Answer