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Avy Stein — Founder and Co-Chairman · Cresset · Greater Chicago Area.
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About
Avy Stein is Co-Founder and Co-Chairman of Cresset, an award-winning* multi-family office with over $260+ billion assets under management and advisement. Avy leads Cresset’s vision to reinvent the wealth experience and promotes expanded access to an ecosystem of ideas, solutions, and talent. A longtime investor and entrepreneur, Avy champions the well-being of founders, entrepreneurs, and business innovators and helps elevate the lives of the families Cresset serves. Together with Co-Founder Eric Becker, Avy has been involved with starting, investing in, and growing over 150 businesses and raising funds totaling over $8 billion. Before launching Cresset in 2017, Avy served as Chief Executive Officer of Willis Stein & Partners, a private equity firm he co-founded in 1994, where he managed the firm’s investments in the education, recycling, telecommunications, energy, and consumer sectors. During that time, Avy also co-founded Lincoln Clean Energy, a developer, owner, and operator of utility-scale clean energy projects later acquired by I Squared Capital in 2016. Earlier in his career, Avy served as Managing Director for Continental Illinois Venture Corp (CIVC). Previously, he was President of Cook Energy Corporation, an oil and gas exploration and production company, and served as the parent company’s Vice President of Corporate Planning and Legal Affairs. Avy began his career in 1980 as an attorney at Kirkland & Ellis. Deeply committed to giving back, Avy is an active philanthropist and civic leader. He has served on numerous not-for-profit boards of Directors as well as sat on the Boards of Directors of several companies. Currently, he serves as a member of the Harvard Law School Leadership Council. He is a director for the Western Golf Association and supports the Evans Scholars Foundation. Avy received his law degree from Harvard Law School and holds a B.S. in accounting from the University of Illinois. Disclosures related to awards can be found here: https://cressetcapital.com/disclosures/
Experience
Founder & Co-ChairmanCurrent
Cresset · Greater Chicago Area
Sep 2017 – Present
Cresset is a firm built by clients, for clients. As an independent, award-winning* multi-family office and private investment firm, we are reimagining the way wealth is experienced. Our purpose is to help ensure that both wealth and life are fully optimized**—integrated, intentional, and aligned with each client’s vision of success. We provide access to the caliber of talent, ideas, and investment opportunities typically available to the largest single-family offices and institutions. Our approach is personalized, entrepreneurial, and client-first. Proudly owned by our clients and employees, Cresset was built to endure. We are creating a 100+ year firm—one focused on delivering an exceptional experience, not only for the families we serve but for the team that serves them. Our commitment to clients has earned recognition by Barron’s, listing us among the nation’s top RIA firms. Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived. Learn more at www.cressetcapital.com. *Disclosures related to awards, recognitions, and rankings available here. **Wealth Optimized, Life Elevated refers to the firm’s philosophy and process in providing advisory and planning services and is not intended to convey a guarantee of results. Cresset refers to Cresset Capital Management, LLC and its respective direct and indirect subsidiaries and controlled affiliates. For full list of Cresset subsidiaries and controlled affiliates, please see cressetcapital.com/disclosures/
Co-Founder and Managing Partner Willis Stein & PartnersCurrent
Willis Stein & Partners · Greater Chicago Area
1994 – Present
Education
Skills
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