Crescent Capital Advisors

CCA runs its technology engagements on eight frameworks.

Eight frameworks answer four questions. Each one translates technology into the language the fund underwrites: CapEx, EBITDA, and the exit multiple.

System map of the eight CCA frameworks, grouped into four executive questions. At fund level, the AI Operating System is one GP engagement every portfolio company inherits. At portfolio company level, PRISM diagnoses the asset and feeds into CLEAR, which operates it across the hold. The AI economics trilogy runs in sequence from AI Value Creation (allocate) to AI Cost Optimization (recover) to AI Value Attribution (verify). The AI Governance Program takes a portfolio company to the Enterprise AI Control Plane, the target architecture.
Fund level

Portfolio

The fund sets this up once, and each portfolio company uses the result.

Portfolio company level

Diagnose & Operate

PRISM is used in diligence before close. CLEAR runs the company through the hold.

AI Governance

The program that takes a portfolio company to the target architecture.

Diagnose & Operate

PRISM is used in diligence before close. CLEAR runs the company through the hold.

PRISM™: Technology Due Diligence Framework

v1.2

Five dimensions, each scored 0–100. Every finding is priced as a CapEx requirement, an EBITDA drag, or an exit multiple implication. The output is built to inform price and deal terms.

Due DiligencePE Value Creation

CLEAR™: Hold Period Operating Framework

v2.0

CLEAR™ has five phases that run from close to exit, when the fund realizes its return. It starts from the findings of a PRISM™ diligence review and organizes the technology work during the hold.

Hold PeriodPE Value CreationOperating Framework

AI Economics

Three questions about the same AI budget, asked in order.

AI Value Creation Framework

v1.1

A framework for turning AI from a cost and a distraction into a measurable margin driver. It covers use case prioritization, governance, and a board-ready AI narrative, each tied to EBITDA.

AIPE Value CreationEBITDA

AI Cost Optimization Framework

v1.2

A six-layer model of AI spend (API, infrastructure, tooling, people, waste, risk) that uses governance as the detection layer. Three of the six layers account for 55 percent of spend and are the least visible. Working all six recovers 20 to 34 percent of AI spend in the first year.

AIPE Value CreationEBITDA

AI Value Attribution Framework

v1.0

A five-level measurement hierarchy (Cost, Adoption, Productivity, Business Outcomes, Enterprise Value) for verifying what AI investment produced. Most companies can evidence the first two levels and report as though they had evidenced the last two.

AIPE Value CreationEBITDA

AI Governance

The program that takes a portfolio company to the target architecture.

AI Governance Program

v1.1

The engagement that runs between the diagnostic and the target architecture: five phases that take a portfolio company from unlisted AI systems to a board-ready, regulator-ready governance posture.

AI GovernanceCISOPE Value Creation

Enterprise AI Control Plane

v1.3

A unified governance architecture (5 pillars × 4 lifecycle stages = 20 control domains). It treats AI systems as enterprise operational infrastructure that needs identity, access, observability, and resilience controls.

AI GovernanceCISOPE Value Creation

Portfolio

The fund sets this up once, and each portfolio company uses the result.

AI Operating System

v0.9

One GP-level engagement that every current and future portfolio company inherits. It sets up governance, readiness scoring, and a repeatable deployment playbook, so AI operating capacity is built at the fund level and shared across the portfolio.

AIGP-LevelPE Value CreationPortfolio Operations