Cresset, Meristem merge to form $27 billion multifamily office
Once the deal closes, which is expected to occur within 30 days, the combined firm will have offices in 15 locations across the country.
Meristem Family Wealth, a Minnetonka, Minnesota-based registered investment adviser managing $5.4 billion, is merging into Cresset Asset Management, a Chicago-based multifamily office, bringing its assets under management to $27 billion.
The merger is expected to be completed within 30 days, the
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