Altair CHP Fund II, LLC

Cresset Asset Management's absence from prior EDGAR filings means this Fund II either represents the manager's first SEC-registered hedge fund offering or prior vehicles were structured below the 15-LP threshold; the small $10M target and five-person GP roster indicate either a nascent manager launching a second fund after a successful Fund I, or a smaller strategy carve-out within a larger asset management platform that does not file separately.

An amendment filing in late May 2026 during a period of elevated equity volatility and hedge fund inflows into systematic and alternative strategies signals the manager is likely capitalizing on LP appetite for mid-market hedge vehicles; the timing also aligns with Q2 rebalancing cycles when allocators commit fresh capital.

Before committing, verify whether the three named individuals (Becker, Stein, Silverman) carry key-man language that ties fund operations or performance terms to their continuous involvement, and confirm whether Fund I achieved a full close and interim returns—absence of Fund I data on EDGAR could indicate it was structured as a private placement below filing thresholds, which limits third-party validation of the strategy's actual track record.