Peakline Partners (Peakline) refers to Peakline Partners, LLC, an SEC registered investment adviser. Peakline provides investment advisory services strictly to investment vehicles investing in private capital, real estate, venture capital, and other investment opportunities.

Peakline Partners

• Committed Capital: Peakline has $3.7 billion in Committed Capital as of 02/01/25.
• Investors: Peakline has over 2,100 committed investors across all Peakline Partners investment vehicles as of 02/01/25.
• Completed Investments: Peakline has 40 completed investments as of 02/01/25.

Real Estate

• Funds Raised in Cresset Logistics Fund I: Cresset Logistics Fund I closed in Q2 2022, having raised $250M.
• Funds Raised in Cresset Logistics Fund II: Cresset Logistics Fund II has $135M in Committed Capital as of 02/01/25.
• Total Cost of Logistics Projects: Peakline Partners’ industrial development construction costs as of 02/01/25.
• Total Gross Market Value of QOZ Projects: Peakline Partners’ total gross market value for the QOZ program is $3.5B as of 02/01/25.
• Project Square Footage: Square footage across Peakline Partners’ QOZ and Logistics Programs, respectively, as of 02/01/25.
• Total Cost of QOZ Projects: Peakline Partners’  QOZ development construction costs as of 02/01/25.
• Funds Raised in Cresset Diversified QOZ Fund I: Cresset Diversified QOZ Fund I closed in Q2 2020, having raised $465M.
• Funds Raised in Cresset Diversified QOZ Fund II: Cresset Diversified QOZ Fund II closed in Q2 2022, having raised $650M.
• Funds Raised in Cresset Diversified QOZ Fund III: Cresset Diversified QOZ Fund III closed in Q4 2024, having raised $87M.

Sources for BTR Landing Page:

• ~50% below the long-term average: Redfin.com (Accessed April 2024)
• Housing shortage of 3.2 million homes: Axios.com, America’s housing shortage explained in one chart (December 2023)

Private Capital

• Equity Commitments: Equity commitments made across Peakline’s private equity and private credit vehicles as of 02/01/25.
• Investments Made: Investments made across Peakline’s private equity and private credit vehicles as of 02/01/25.
• Different Vehicles: Structured equity, direct, and co-investment opportunities across private equity and private credit vehicles as of 02/01/25.
  

Venture Capital

• Funds Reviewed: The Peakline Venture Capital team has scoured over 2,000 funds to partner with 20 managers as of 02/01/25. 
• Venture Capital AUM: Cumulative AUM from Cresset Ventures I and Ventures II Funds, Co-Investments, True Capital Venture Assets as of 02/01/25.

Definition for top-tier: “Top-tier” is a term used in these materials, and which primarily represents our opinion. In circumstances where such opinion is backed by a third-party, we will provide the source of that opinion for reference and your consideration. With respect to top-tier managers, managers are defined as managers or individuals who have historically delivered consistent top-quartile returns on their investment funds per Cambridge associates Venture Capital benchmarks. In our experience, these managers are often associated with highly regarded venture capital firms, have robust networks and relationships, have a deep understanding of the market  and have the ability to identify and invest in promising early-stage businesses.

Our Competitive Edge:

• Fund I refers to Cresset Ventures Fund I, which is top quartile in TVPI and IRR relative to Cambridge Venture Capital Benchmarks as of Q1 2024.

Manager Selection is Crucial to Success:

• Preqin report as of 10/30/2024 based on latest available data.

• “Has persistence persisted in private equity? Evidence from buyout and venture capital funds,” Journal of Corporate Finance, Volume 81, 2023, 102361, ISSN 0929-1199