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Cresset Family Office
Cresset Family Office operates as a multi-family office in Chicago. Eric Becker and Avy Stein founded the firm in 2017. The firm deploys proceeds from Sterling...
Cresset Family Office
Cresset Family Office operates as a multi-family office in Chicago. Eric Becker and Avy Stein founded the firm in 2017. The firm deploys proceeds from Sterling Partners, Willis Stein & Partners and other investments to serve affluent families nationwide with discretionary investment management, direct private investments and family governance support through an owner-operated fiduciary structure for multigenerational wealth stewardship.
General information
Firm type
Multi Family Office
Year founded
2017
AUM
$77B (Altss estimate)
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Principals
Eric Becker
Co-Founder and Co-Chairman
Avy Stein
Co-Founder and Co-Chairman
Susie Cranston
CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Cresset Family Office?
Eric Becker and Avy Stein set overall direction as Co-Chairmen. Susie Cranston assumed the CEO role in April 2026. Day-to-day allocations are executed by internal portfolio managers.
Does Cresset participate in fund commitments or only direct deals?
The firm uses both structures. It commits to external funds and executes direct co-investments and SPVs in parallel.
What investment stages does Cresset typically target?
Early stage and growth equity receive allocations. The book also includes secondaries and expansion capital.
Where does the underlying wealth come from?
Eric Becker and Avy Stein generated the seed capital through exits at Sterling Partners and Willis Stein & Partners.
How does Cresset source proprietary deal flow?
Relationships from prior private equity activity and club memberships such as R360 and YPO generate opportunities. Real estate partnerships with Hines and Diversified Real Estate Capital add further access.
Does Cresset maintain philanthropic structures, and how are they separated?
Cresset Cares and the Wicklow Foundation operate as distinct vehicles. They sit outside the investment management entity.
Which sectors does Cresset explicitly avoid?
No explicit exclusions appear in public materials. The documented book concentrates on the seven sectors listed in the sector tags.
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