Cresset Capital Management (led by Eric Becker and Avy Stein) and Diversified Real Estate (led by Larry Levy) have partnered to create Cresset-Diversified QOZ Fund II. The Fund is managed by experienced teams of real estate and private equity professionals supported by community impact, legal, tax and accounting experts.
Cresset-Diversified is a leader in the Opportunity Zone market and was an early mover in the industry, having been one of the first to launch a QOZ fund in December 2018. In Q1 2020, they successfully raised $465 million to close their first fund, and have since launched Cresset-Diversified QOZ Fund II.
Cresset Capital managing director Nick Parrish joined our Opportunity Zones Podcast in May 2020, shortly after closing their first OZ fund. Click here to listen.
Fund Size ($)$500,000,000
Minimum Investment ($)$1,000,000
Date AddedJun 4, 2020 (4 months ago)
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