Hedge Fund Database

CRESSET PARTNERS LLC

Adviser information for CRESSET PARTNERS LLC last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 42
Investment Advisory/Research 5
Registered Broker-Dealer Representatives 7
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 130 $4.3B
Non-Discretionary 0 $0
Total 130 $4.3B

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 130 $4.3B
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0

Services

Advisory Services Portfolio management for pooled investment vehicles
Compensation % of AUMFixed feesPerformance-based fees

Identifiers

SEC RIA File Number 801-117914
SEC ERA File Number 801-117914
SEC CIK Numbers None
SEC CRD Numbers 306449
Legal Entity Identifier None

Principal Office

444 W. LAKE STREET
SUITE 4700
CHICAGO
IL
United States
Monday - Friday, 8:30AM TO 5:00PM
Tel: 312-429-2400, Fax: None

Websites

cressetpartners.com www.linkedin.com/company/cresset-partners/ www.cressetdiversifiedqoz.com

Chief Compliance Officer

ROBERT PAGLIUCO
444 W. LAKE STREET
SUITE 4700
CHICAGO
IL
United States
Tel: (312) 429-2442
(Full email address available in API data)

Regulatory Contact

NOEL GOUDREAU
MANAGING DIRECTOR, DEPUTY GENERAL COUNSEL
444 W. LAKE STREET
SUITE 4700
CHICAGO
IL
United States
Tel: (312) 429-2437
(Full email address available in API data)

Industry Affiliates

CARETTA PARTNERS, LLC Sponsor, GP, manager of pooled investment vehicles
CRESSET ASSET MANAGEMENT, LLC Other investment adviser, including financial planners
CRESSET TRUST COMPANY, LLC Trust company
CYPRESS ADVISORS, LLC Sponsor, GP, manager of pooled investment vehicles
FLOWSTONE PARTNERS, LLC Other investment adviser, including financial planners
VENNPOINT REAL ESTATE, LLC Sponsor or syndicator of limited partnerships
WILLIS STEIN & PARTNERS MANAGEMENT III, L.P. Sponsor or syndicator of limited partnerships

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
BCA HEDGED STRATEGIES FUND, LP FUND OF FUNDS $157.4M $0.3M 163
BCA NOBLE HOSPITALITY INCOME ACCESS, LP FUND OF FUNDS $28.9M $0.3M 24
BCA SELECT, LLC-SERIES 1-TIGER GLOBAL LONG OPPORTUNITIES FUND OF FUNDS $13.5M $0.3M 56
BCA SELECT, LLC-SERIES 2-REDWOOD OPPORTUNITY FUND OF FUNDS $54.4M $0.3M 78
BCA SELECT, LLC-SERIES 3-JUNTO CAPITAL PARTNERS FUND OF FUNDS $7.9M $0.3M 4
BCA SELECT, LLC-SERIES 4-LIFE SCIENCES INVESTMENTS FUND OF FUNDS $9.9M $0.3M 19
C-D QOZ BLOCK 42 (CO-INVEST), LP Real Estate Fund $37.4M $1.0M 37
C-D QOZ ELEVEN WEST(CO-INVEST), LP Real Estate Fund $16.1M $1.0M 26
C-D QOZ FINERY (CO-INVEST), LP Real Estate Fund $35.6M $1.0M 18
C-D QOZ II FAT VILLAGE (CO-INVEST), LP Real Estate Fund $41.8M $0.3M 16
C-D QOZ II GARFIELD (CO-INVEST), LP Real Estate Fund $10.6M $0.3M 5
C-D QOZ II MAIN STREET (CO-INVEST), LP Real Estate Fund $10.5M $0.3M 5
C-D QOZ WYNKOOP (CO-INVEST) II, LP Real Estate Fund $12.4M $1.0M 4
C-D QOZ WYNKOOP (CO-INVEST), LP Real Estate Fund $8.2M $1.0M 5
CP SPECIAL OPPORTUNITIES EMPLOYEE POOL I, LLC SPECIAL OPPORTUNITIES $5.1M $0.0M 8
CRE LOGISTICS GLENDALE I (CO-INVEST), LLC Real Estate Fund $4.7M $0.3M 1
CRE LOGISTICS II PORT 95 (CO-INVEST), LLC Real Estate Fund $10.6M $0.3M 22
CRE LOGISTICS WHITELAND (CO-INVEST), LLC Real Estate Fund $0.2M $0.3M 4
CREDIT OPPORTUNITIES FUND, LLC Private Equity Fund $0.3M $0.0M 35
CRESSET DIRECT INVESTMENTS, LLC - SERIES 1 Private Equity Fund $20.9M $0.3M 59
CRESSET DIVERSIFIED HOSPITALITY FUND I, LLC Real Estate Fund $36.8M $0.3M 120
CRESSET EMPLOYEE FUND I, LLC EMPLOYEE INVESTMENT FUND $7.3M $0.0M 94
CRESSET HIGH YIELD MUNICIPAL FUND, LLC MUNI BOND FUND $128.1M $0.0M 161
CRESSET PARTNERS ASSET MANAGEMENT FUND I, LLC Private Equity Fund $33.3M $0.3M 71
CRESSET PARTNERS BDC FUND I, LLC Private Equity Fund $50.2M $0.3M 154
CRESSET PARTNERS BDC FUND II, LLC PRIVATE CREDIT $52.0M $0.3M 111
CRESSET PARTNERS PRIVATE CREDIT FUND, LLC Private Equity Fund $305.5M $0.3M 398
CRESSET PARTNERS PRIVATE CREDIT FUND, LLC (ONSHORE FEEDER), LLC Private Equity Fund $60.9M $0.3M 176
CRESSET PARTNERS PRIVATE EQUITY OPPORTUNITIES I, LLC Private Equity Fund $90.9M $0.3M 208
CRESSET PC TCM, LLC Private Equity Fund $9.5M $0.3M 54
CRESSET PRIVATE CAPITAL CSC LLC Private Equity Fund $45.8M $0.3M 104
CRESSET PRIVATE CAPITAL WMC I LLC Private Equity Fund $22.9M $0.3M 53
CRESSET PRIVATE CAPITAL WMC II, LLC Private Equity Fund $37.5M $0.3M 86
CRESSET PRIVATE CREDIT ACCESS I, LLC PRIVATE CREDIT $37.2M $0.3M 67
CRESSET PRIVATE CREDIT ACCESS II, LLC PRIVATE CREDIT $26.7M $0.3M 47
CRESSET PRIVATE MARKETS, LLC-SERIES 1 FUND OF FUNDS $137.4M $0.3M 170
CRESSET PRIVATE MARKETS, LLC-SERIES 2 FUND OF FUNDS $31.6M $0.3M 65
CRESSET PRIVATE MARKETS, LLC-SERIES 3 FUND OF FUNDS $92.1M $0.3M 90
CRESSET PRIVATE MARKETS, LLC-SERIES 4 FUND OF FUNDS $30.4M $0.3M 29
CRESSET PRIVATE MARKETS, LLC-SERIES 5 FUND OF FUNDS $35.9M $0.3M 58
CRESSET PRIVATE MARKETS, LLC-SERIES 6 FUND OF FUNDS $43.3M $0.3M 88
CRESSET PRIVATE MARKETS, LLC-SERIES 7 FUND OF FUNDS $14.4M $0.3M 32
CRESSET PRIVATE MARKETS, LLC-SERIES 8 FUND OF FUNDS $15.1M $0.3M 27
CRESSET PRIVATE MARKETS, LLC-SERIES 10 FUND OF FUNDS $13.4M $0.3M 31
CRESSET RE SF, LLC Real Estate Fund $17.5M $0.5M 22
CRESSET REAL ESTATE LOGISTICS FUND I-B, LLC Real Estate Fund $7.1M $0.3M 22
CRESSET REAL ESTATE LOGISTICS FUND I, LLC Real Estate Fund $255.9M $0.3M 352
CRESSET REAL ESTATE LOGISTICS FUND II-C, LP Real Estate Fund $2.5M $0.3M 12
CRESSET REAL ESTATE LOGISTICS FUND II, LLC Real Estate Fund $101.0M $0.3M 237
CRESSET VENTURES I FEEDER, LLC Venture Capital Fund $4.2M $0.3M 15
CRESSET VENTURES I, LLC Venture Capital Fund $121.7M $0.3M 204
CRESSET WELLS PLACE, LLC Real Estate Fund $7.1M $0.0M 55
CRESSET WMC IMOLA CO-INVEST, LLC Private Equity Fund $12.9M $0.3M 51
CRESSET WMC SUNDAY I, LLC Private Equity Fund $52.9M $0.1M 163
CRESSET-DIVERSIFIED QOZ FUND II, LP Real Estate Fund $507.6M $0.3M 587
CRESSET-DIVERSIFIED QOZ FUND III, L.P. Real Estate Fund $72.2M $0.3M 116
CRESSET-DIVERSIFIED QOZ-FUND, L.P. - RE SERIES Real Estate Fund $334.4M $1.0M 401
ENERGY OPPORTUNITIES FUND, LLC Private Equity Fund $4.6M $0.0M 61
FEEDER FUND TAO, LLC Private Equity Fund $7.5M $0.0M 60
GREEN BEGINNINGS FUND, LLC Venture Capital Fund $1.4M $0.0M 14
IL OZF SERIES II - SKYE, LLC Real Estate Fund $7.2M $0.0M 1
MERISTEM GLOBAL EQUITY FUND, LLC INTERNATIONAL LONG EQUITY $215.1M $0.0M 118
OPPORTUNITY PARTNERS ASIA FUND, LLC EQUITY CREDIT $37.4M $0.0M 82
OPPORTUNITY PARTNERS CRESTLINE FUND, LLC Private Equity Fund $15.7M $0.0M 75
OPPORTUNITY PARTNERS EUROPE FUND, LLC EQUITY CREDIT $37.4M $0.0M 81
OPPORTUNITY PARTNERS INSURANCE ALTERNATIVES FUND, LLC OTHER $27.3M $0.0M 81
OPPORTUNITY PARTNERS LITIGATION FINANCE FUND, LLC PRIVATE EQUITY-CREDIT $43.9M $0.0M 56
OPPORTUNITY PARTNERS PE CO-INVEST FUND 1, LLC PRIVATE EQUITY-CREDIT $54.1M $0.0M 100
OPPORTUNITY PARTNERS PRIVATE EQUITY FUND, LLC Private Equity Fund $36.5M $0.0M 109
OPPORTUNITY PARTNERS U.S. CAPITAL SOLUTIONS FUND, LLC PRIVATE EQUITY-CREDIT $40.2M $0.0M 82
SF 7X7, LLC Venture Capital Fund $1.1M $0.0M 13
SMC ALTERNATIVE FUND Private Equity Fund $0.2M $0.0M 11
TCP 2021 QOZ, LLC Real Estate Fund $17.1M $0.0M 1
TCP EASTON PARK 2021 QOZ, LLC Real Estate Fund $16.0M $0.0M 1
TCP RAINIER 2021 QOZ, LLC Real Estate Fund $8.6M $0.0M 1
TCRE SPONSOR FUND I, LLC Real Estate Fund $11.3M $0.1M 34
TIG 2021 QOZ, LLC Real Estate Fund $2.8M $0.0M 1
TIG EASTON PARK 2021 QOZ, LLC Real Estate Fund $2.7M $0.0M 1
TIG RAINIER 2021 QOZ, LLC Real Estate Fund $1.4M $0.0M 1
TRUE CAPITAL PARTNERS IV, LLC Venture Capital Fund $0.3M $0.1M 12
TRUE CAPITAL PARTNERS V, LLC Venture Capital Fund $3.0M $0.0M 25
TRUE CAPITAL REAL ESTATE FUND I Real Estate Fund $0.9M $0.0M 45
TRUE CAPITAL REAL ESTATE FUND II Real Estate Fund $1.1M $0.0M 77
TRUE CAPITAL REAL ESTATE FUND III Real Estate Fund $11.0M $0.0M 95
TRUE CAPITAL REAL ESTATE FUND IV Real Estate Fund $24.2M $0.1M 82
TRUE CAPITAL REAL ESTATE FUND V, LLC Real Estate Fund $22.1M $0.1M 63
TRUE CAPITAL REAL ESTATE FUND VI Real Estate Fund $48.5M $0.1M 106
TRUE CAPITAL STRATEGIC INCOME FUND, LLC PRIVATE DEBT FUND $25.6M $0.3M 36
TRUE CAPITAL VENTURES II, LLC - SERIES A Venture Capital Fund $32.0M $0.1M 72
TRUE CAPITAL VENTURES II, LLC - SERIES B Venture Capital Fund $20.2M $0.1M 2
TRUE CAPITAL VENTURES II, LLC - SERIES D Venture Capital Fund $16.0M $0.1M 3
TRUE CAPITAL VENTURES II, LLC - SERIES E Venture Capital Fund $1.2M $0.1M 31
TRUE CAPITAL VENTURES III, LLC - SERIES 1 Venture Capital Fund $27.9M $0.1M 27
TRUE CAPITAL VENTURES, LLC - SERIES I Venture Capital Fund $1.4M $0.0M 25
TRUE CAPITAL VENTURES, LLC - SERIES II Venture Capital Fund $0.8M $0.0M 45
TRUE CAPITAL VENTURES, LLC - SERIES IV Venture Capital Fund $2.7M $0.0M 3
TRUE CAPITAL VENTURES, LLC - SERIES V Venture Capital Fund $11.1M $0.1M 53
TRUE CAPITAL VENTURES, LLC - SERIES VI Venture Capital Fund $13.3M $0.1M 2
TRUE CAPITAL VENTURES, LLC - SERIES VIII Venture Capital Fund $0.1M $0.1M 47
TRUE CRYPTO FUND, LLC CRYPTO FUND $5.1M $0.1M 82
TRUE CULTURE FUND, LLC Venture Capital Fund $5.0M $0.0M 47
TRUE DC WALDORF PARTNERS, LLC Real Estate Fund $3.6M $0.3M 30
TRUE EQUALITY, LLC Venture Capital Fund $1.1M $0.1M 14
TRUE LATIN VENTURES, LLC Venture Capital Fund $4.9M $0.1M 30
TRUE NORCAL, LLC Venture Capital Fund $4.4M $0.0M 31
TRUE ON SLAUSON, LLC Venture Capital Fund $1.6M $0.1M 16
TRUE VC FUND 7, LLC Venture Capital Fund $1.7M $0.1M 22
TRUE VC, LLC - SERIES 1 Venture Capital Fund $18.6M $0.1M 92
TRUE VC, LLC - SERIES 2 Venture Capital Fund $3.1M $0.1M 2
TRUE VC, LLC - SERIES 3 Venture Capital Fund $1.0M $0.1M 10
TRUE VC, LLC - SERIES 4 Venture Capital Fund $1.8M $0.1M 23
TRUE VC, LLC - SERIES 5 Venture Capital Fund $2.9M $0.1M 15
TRUE VC, LLC - SERIES 6 Venture Capital Fund $0.6M $0.0M 10
TRUE VC, LLC - SERIES 7 Venture Capital Fund $1.7M $0.0M 20
TRUE VC, LLC - SERIES 8 Venture Capital Fund $0.4M $0.1M 1
TRUE VC, LLC - SERIES 9 Venture Capital Fund $2.6M $0.0M 28
TRUE VC, LLC - SERIES 10 Venture Capital Fund $2.9M $0.0M 31
TRUE VC, LLC - SERIES 12 Venture Capital Fund $5.2M $0.0M 43
TRUE VC, LLC - SERIES 13 Venture Capital Fund $5.9M $0.0M 84
TRUE VC, LLC - SERIES 14 Venture Capital Fund $7.3M $0.0M 65
TRUE VC, LLC - SERIES 15 Venture Capital Fund $0.6M $0.1M 32
TRUE VC, LLC - SERIES 16 Venture Capital Fund $7.7M $0.0M 84
TRUE VC, LLC - SERIES 17 Venture Capital Fund $2.6M $0.0M 28
TRUE VC, LLC - SERIES 18 Venture Capital Fund $7.4M $0.1M 117
TRUE VC, LLC - SERIES 19 Venture Capital Fund $1.0M $0.1M 8
TRUE VC, LLC - SERIES 20 Venture Capital Fund $1.0M $0.1M 12
TRUE VC, LLC - SERIES 22 Venture Capital Fund $4.9M $0.0M 42
TRUE VC, LLC - SERIES 23 Venture Capital Fund $1.0M $0.1M 10
WMC INTERNATIONAL FUND, LLP LONG EQUITY $13.9M $0.0M 32
WMC OPPORTUNITIES FUND, LLP HF FUND OF FUNDS OF FUNDS $18.7M $0.0M 23

Control Persons

Name Type Entity Title Since Ownership
CRESSET CAPITAL MANAGEMENT, LLC Domestic Entity – MANAGING MEMBER/HOLDING COMPANY 03/2018 > 75%
Pagliuco, Robert Individual – CHIEF COMPLIANCE OFFICER 10/2019 < 5%
MILLS, DAVID, THOMAS Individual – CHIEF FINANCIAL OFFICER 10/2019 < 5%
CRESSET MANAGER, LLC Domestic Entity CRESSET CAPITAL MANAGEMENT, LLC MANAGING MEMBER/HOLDING COMPANY 03/2018 50-75%
STEIN, AVY, HOWARD Individual CRESSET MANAGER, LLC MANAGER 01/2017 25-50%
EDB TELECOM TRUST UAD 2/3/2016 (ERIC BECKER, GRANTOR) Domestic Entity LOGGERHEAD INVESTMENT THREE LLC MANAGER 09/2018 50-75%
BECKER, ERIC, DAVID Individual CRESSET MANAGER, LLC ELECTED MANAGER 01/2017
Rudnick, William, Alan Individual – EXECUTIVE MANAGING DIRECTOR, CHIEF LEGAL OFFICER 12/2020 < 5%
LOGGERHEAD INVESTMENT THREE LLC Domestic Entity CRESSET MANAGER, LLC MANAGER 01/2020 25-50%
DLB TELECOM TRUST UAD 2/3/2016 (DOUG BECKER, GRANTOR) Domestic Entity LOGGERHEAD INVESTMENT THREE LLC MANAGER 09/2018 50-75%
Schmitt Hellauer, Marianne, Jeannette Individual EDB TELECOM TRUST UAD 2/3/2016 (ERIC BECKER, GRANTOR) TRUSTEE 02/2016
Schmitt Hellauer, Marianne, Jeannette Individual DLB TELECOM TRUST UAD 2/3/2016 (DOUG BECKER, GRANTOR) TRUSTEE 02/2016
STEIN, AVY, HOWARD Individual – CO CHIEF EXECUTIVE OFFICER 12/2020 < 5%
BECKER, ERIC, DAVID Individual – CO CHIEF EXECUTIVE OFFICER 12/2020 < 5%
Conte, Randall Individual – CHIEF OPERATING OFFICER 12/2020 < 5%
Boehm, Chris Individual – EXECUTIVE MANAGING DIRECTOR, CRESSET PRIVATE CAPITAL 12/2020 < 5%

No. Employees, Historic

50250201920202021202220232024202516 on 12/9/201916 on 3/26/202016 on 4/24/202016 on 3/24/202116 on 1/25/202216 on 1/25/202216 on 1/26/202216 on 3/29/202216 on 4/29/202216 on 7/13/202216 on 2/17/202316 on 3/31/202348 on 7/17/202342 on 3/27/2024

RAUM, Historic

5B3B02019202020212022202320242025229511776 on 12/9/201984446154 on 3/26/202084446154 on 4/24/2020173476648 on 3/24/2021971882289 on 1/25/2022971882289 on 1/25/2022971882289 on 1/26/20221479200012 on 3/29/20221479200012 on 4/29/20222394650682 on 7/13/20223215387547 on 2/17/20233587489556 on 3/31/20234009868629 on 7/17/20234337253357 on 3/27/2024

No. Clients, Historic

200100020192020202120222023202420257 on 12/9/20194 on 3/26/20204 on 4/24/20209 on 3/24/20219 on 1/25/20229 on 1/25/20229 on 1/26/202237 on 3/29/202237 on 4/29/202256 on 7/13/202271 on 2/17/202376 on 3/31/2023128 on 7/17/2023130 on 3/27/2024