Crescent Grove Advisors established a new asset management firm, Barrett Upton Capital Partners (Barrett Upton), to provide institutional and high-net-worth investors with turnkey access to various alternative investment opportunities.
Both firms are based in the affluent Chicago suburb of Lake Forest, Ill. Crescent Grove, which acts as a registered investment adviser with $4 billion in assets under management. Barrett Upton is pursuing a distinct strategy focused on democratizing access to private markets, without the high investment minimums or barriers to new limited partners that often constrain asset managers’ capacity.
Source: AlternativesWatch