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Cresset Partners closes three funds

Cresset Partners has closed its first industrial-focused fund, the Cresset Real Estate Logistics Fund I (Fund I).

In just 12 months, investors committed more than $250 million to fund the development of nine state-of-the-art warehouse facilities.

In addition, Cresset has announced the close of its second opportunity zone fund, the $655 million Cresset-Diversified Qualified Opportunity Zone Fund II, alongside the launch of its third fund in the qualified opportunity zone (QOZ) space, Cresset-Diversified Qualified Opportunity Zone Fund III.

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