Cresen

Mark Scheinberg directs Cresen directly as its principal. He does not delegate to an external CIO structure. Investment decisions across real estate and venture allocations ultimately trace back to his office, though the dedicated Mohari Hospitality platform leads sourcing and management of hotel and luxury property deals.

Mohari Hospitality is a dedicated investment platform focused on luxury hotel and resort assets, founded and funded through Scheinberg family capital. It functions as the operational extension of Cresen's real estate strategy, sourcing, acquiring, and managing trophy hospitality properties globally. The two entities share an Isle of Man nexus and are ultimately controlled by Mark Scheinberg.

The Scheinberg family fortune originates from PokerStars, the online poker platform Mark Scheinberg co-founded with his father Isai Scheinberg. The parent company, Rational Group, was sold to Amaya Gaming for $4.9 billion in 2014 (per Forbes, 2015), generating the liquidity that seeded Cresen.

Cresen primarily executes direct transactions in real estate and makes direct venture investments. There is no public evidence of a formal fund-of-funds program, though the office does back external co-investment vehicles when they align with its hospitality focus. The firm generally avoids participating as a limited partner in commingled blind-pool funds.

Cresen has shown a preference for growth-stage technology companies with demonstrated traction. The office participated in a funding round for payments firm SumUp, indicating comfort with later-stage fintech — rather than pre-revenue seed bets — alongside the dominant real estate and hospitality allocation within the broader portfolio.

The office has not publicly disclosed exclusion lists. Observed behavior shows no holdings in traditional energy extraction, heavy industrials, or public securities. The visible weighting heavily favors real estate, hospitality, and, to a lesser degree, late-stage technology, suggesting sectors like upstream oil and gas fall outside the current mandate.

Cresen operates as a single-family office for Mark Scheinberg. It does not solicit or manage third-party capital, nor does it operate as a registered investment advisor for external clients. The platform's deal activity is funded entirely by Scheinberg family equity.