Cresset Rebrands Private Funds Business as Peakline Partners

Cresset has rebranded its Cresset Partners private funds division as Peakline Partners in a move that sets up the private investments business to stand alone while continuing to serve its existing investor base, including clients of Cresset Wealth and other wealth advisors.

Bill Rudnick and Chris Boehm will continue to lead the business as executive managing directors, and Peakline will retain its existing team of private market professionals. In a statement announcing the move, Rudnick and Boehm said Cresset’s private funds business has grown in scale to the point that “the time is right for Peakline to stand on its own as an independent private investments business.” They noted that in the past seven years, Peakline's funds have invested over $3.7B across real estate, private equity, private credit, venture capital, and other alternative asset classes.

In November, Cresset received a $150M minority investment from serial wealth management investor Constellation Wealth Capital intended to fund ongoing expansion of Cresset’s platform, technology, and recruitment.

Written By: Dakota

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Cresset Rebrands Private Funds Business as Peakline Partners

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