Crescent Capital Group, an alternative credit investment firm, hired Felipe Esguerra as managing director, head of Eastern U.S. region in the investor solutions group. Based out of Crescent’s New York office, Esguerra is responsible for marketing Crescent Capital’s strategies to institutional investors including corporate and public pension plans, endowments, foundations, healthcare systems and family offices across the Eastern U.S.

Esguerra has more than 20 years of experience in institutional business development, investor relations and investing. Prior to Crescent, he was a director of institutional sales at BlackRock, where he was responsible for sales and business development for large, complex institutional investors primarily in the U.S. East Coast. He also held institutional sales roles at Goldman Sachs Asset Management and was previously with ScotiaBank for more than a decade. He is a CFA Charterholder.

“We are excited to welcome Felipe to our team to lead coverage of the Eastern U.S. region,” Jonathan Harari, global head of investor solutions at Crescent Capital, said. “With his strong client relationships and longstanding experience in the region, we believe he will be a valuable addition as we respond to the strong demand from investors for Crescent’s alternative credit solutions.”

“I’m thrilled to join such a long-standing and cycle-tested credit firm as Crescent, and I look forward to helping deliver Crescent’s full suite of credit capabilities to our current and prospective investor base in the Eastern U.S.,” Esguerra said.