Announced
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Synopsis
Constellation Wealth Capital, an alternative asset management platform, led a $150m investment in Cresset, a multi-family office and private investment firm. “We are pleased to welcome the Constellation team as partners in our mission to reinvent the way clients experience wealth. Constellation invests long-duration capital exclusively with wealth management businesses and multi-family offices, bringing significant experience that will serve our clients and team well. They also share our vision to build a 100-year business and commitment to serve our client families with excellence, for generations. This investment serves as a strong validator of Cresset’s vision, business model, marketplace position, and growth trajectory," Avy Stein, Cresset Co-Founder and Co-Chairman.
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