Cresset Asset Management announced the acquisition of CH Investment Partners, a $6.2 billion multifamily office and private investment firm serving ultra-high-net-worth individuals. With this acquisition, the combined company will manage more than $62 billion in assets for high net worth and ultra high net worth individuals.
CH Investment Partners was founded by Mike Silverman and Kirk Reimer, who recognized the unique needs of the ultra-high net worth population and the limitations of traditional wealth management approaches. They then established CH Investment Partners as an independent multifamily office, offering deep expertise, a family office approach, and strong private investment opportunities to a broader family group.
CH Investment Partners serves 64 successful families through comprehensive wealth advisory and family office services, provides a sophisticated alternative investment platform, and serves an additional 155 family/platform partners. Masu. Based in Dallas, Texas, with additional offices in Tulsa, Oklahoma and Charlotte, North Carolina, CH Investments Partners continues to honor its roots while expanding its reach to support families across multiple regions.
The acquisition will bring 37 new employee partners to Cresset, including seasoned investors and a management team with extensive experience serving ultra-high net worth individuals.
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“Cresset and CH Investment Partners share a family-first attitude that prioritizes personal service to continue producing impactful results. We are excited to partner with the family, welcome new families and expand access to new areas of private investment capacity.”
-Avy Stein, Creset Co-Founder and Co-Chairman
“This partnership with Cresset is a great cultural fit for us as it allows us to expand access to services and investments for our families. , we also look forward to expanding on the comprehensive investment opportunities we have developed for Cresset’s family.”
-Mike Silverman, co-president and chief investment officer, will continue to lead the business alongside co-president Kirk Reimer.
“The partnership between CH Investment Partners and Cresset is a powerful combination of two companies that share the same values and are focused on serving the ultra-high-net-worth population. I especially commend the company for its vision of building on the legacy it has built for the families it serves.”
-Michael Levy, Crow Holdings CEO
