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Crescent Cove Advisors, LP logo

Crescent Cove Advisors, LP

VC

USGBPTDEOtherAI/MLCybersecurityDeep TechEnterpriseB2B SaaSDevtoolsOther

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Investment thesis

Crescent Cove Advisors is a San Francisco-based investment firm founded in 2016 that provides flexible private capital solutions — spanning private credit and growth equity — to middle-market, high-growth technology companies. The firm targets businesses operating in defense tech, autonomous systems, AI infrastructure, and cybersecurity, partnering with experienced management teams that need tailored financing to support continued growth and expansion. Crescent Cove adheres to a disciplined investment philosophy focused on risk management, with the goal of delivering attractive risk-adjusted returns across market cycles. As stated by the firm: 'We seek to leverage our global network of relationships and differentiated insight across markets, emerging industries, and technologies to build businesses and accelerate value creation across our portfolios.'

Notable quotes

Fund IV reflects the continued confidence that institutional investors place in our disciplined approach to growth credit and our focus on partnering with exceptional management teams to drive value. As Crescent Cove celebrates our 10-year anniversary, we are committed to further enhancing our platform and aim to deliver strong risk-adjusted returns for our investors.

Jun Hong Heng · BusinessWire — Fund IV Final Close Announcement · 2026-04-30

Scott brings deep institutional experience and strong leadership that align well with Crescent Cove's focus on disciplined investments and long-term partnerships across the technology sector. His leadership will be critical as we continue to deliver risk-adjusted returns for our investors and support growth-stage technology companies.

Jun Hong Heng · BusinessWire — Scott Wall Hiring Announcement · 2026-04-08

We see our role as turning dreams into actions, guiding founders each step of the way – from a private start-up to new funding rounds to ever-larger investments, IPOs and beyond. Nothing provides more daily satisfaction than watching an entrepreneur grow from the ground up, knowing we played a big role at every small step, and that success is ultimately shared.

Jun Hong Heng · Crescent Cove About Page

Team

Jun Hong Heng

Founder and Chief Investment Officer

AI/MLCybersecurityDeep TechEnterprise

Steven Michau

Managing Director

EnterpriseB2B SaaS

Scott Wall

Managing Director

Zane Hwang

Executive Director

EnterpriseB2B SaaS

Peter Peng

Vice President

Deep TechAI/ML

Joe Schwartz

Senior Associate

EnterpriseB2B SaaS

Recent investments

CompanyRoundSizeDate
ForterraSeries C$238m2025-11-12
LookoutGrowth2025-11-01
MapLargeGrowth2025-10-01
TekeverSeries B$77m2024-11-01
Lambda LabsSeries C$320m2024-01-01
Obsidian SecurityGrowth
Deep InfraGrowth
care.aiGrowth
Energy VaultGrowth
HaptXGrowth

Frequent co-investors

Fit check

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