SHERIDAN, WYOMING - December 4, 2025 - Cresta Fund Management is expanding its senior leadership team to support the next phase of growth, appointing industry veteran David Altshuler as Partner and Head of Capital Formation and promoting two long-standing team members into expanded roles. The Dallas-based private equity firm, which focuses on energy infrastructure across industrial, logistics and agricultural sectors, is sharpening its institutional capital-raising capabilities as limited partners seek specialist managers with operational depth and clear energy-transition strategies.
Bringing a Capital Formation Heavyweight Into the Partnership
Altshuler joins Cresta with more than 25 years of experience across private markets and infrastructure investing, including senior capital-raising and client solutions roles at Quantum Capital Group and IFM Investors. Earlier in his career, he helped build the Infrastructure & Real Assets practice at StepStone Group and held front-line client and investment positions at Meketa Investment Group and Nuveen Investments.
At Cresta, Altshuler will lead capital formation and investor engagement, shaping the firm's fundraising strategy, product positioning and relationships with global institutional allocators. His appointment underscores Cresta's intent to compete for larger, more sophisticated mandates as investors increase allocations to real assets and energy transition infrastructure.
"David's deep expertise in private markets and infrastructure, coupled with his institutional relationships and client-centric approach, make him an exceptional addition to Cresta," said Chris Rozzell, Managing Partner of Cresta. "As we continue expanding our investor base and broadening our platform, we're confident David will further accelerate our ability to deliver value to our investors."
Scaling a Specialist Energy Infrastructure Platform
Cresta invests growth capital into both sustainable and conventional energy infrastructure, targeting assets and platforms that can benefit from hands-on operational improvement. With approximately $2 billion in assets under management, the firm is focused on industrial, logistics and agricultural opportunities where energy, decarbonization and resiliency are becoming board-level priorities.
Adding a dedicated Partner-level Head of Capital Formation positions Cresta to articulate its strategy to a broader universe of pension funds, insurers, endowments and family offices that are seeking yield, inflation protection and exposure to the energy transition. At the same time, the firm is reinforcing its internal capabilities in deal origination, portfolio management and finance to support a larger, more complex platform.
Promotions Highlight Strong Internal Talent Pipeline
Alongside Altshuler's appointment, Cresta is elevating two existing leaders. Investment professional Wade Webber has been promoted to Partner, reflecting his role in sourcing and executing new deals, managing portfolio companies and driving value creation across Cresta's platforms. Since joining the firm in 2017, Webber has helped shape investment theses within energy infrastructure and contributed to firmwide strategy and investor dialogue.
Jordan Maxwell, who joined Cresta in 2017 as Controller, has been promoted to Chief Financial Officer. In his expanded remit, Maxwell oversees financial operations across the firm, including fund reporting, audits, tax and accounting. His role is central to maintaining the financial controls, transparency and reporting standards that institutional LPs expect from mid-market managers in specialized asset classes.
Aligning Leadership, Governance and LP Expectations
The combination of an external senior hire and internal promotions signals a deliberate leadership architecture aimed at long-term scalability. Altshuler's appointment tightens the link between fundraising and product strategy, while Webber's and Maxwell's expanded responsibilities strengthen Cresta's execution and governance.
For LPs, these changes provide additional clarity on who leads capital formation, who oversees deployment and value creation, and who is responsible for financial integrity and reporting. In a competitive private markets environment-where energy infrastructure managers must demonstrate both specialist domain expertise and institutional-grade processes-Cresta is positioning its senior team to respond quickly to investor priorities and regulatory expectations.
Positioned for the Next Phase of Energy Infrastructure Investing
As energy systems evolve and capital flows toward both low-carbon and conventional infrastructure, private equity managers with operational capabilities and aligned leadership teams are well placed to shape projects and platforms over multi-year horizons. With its refreshed senior bench, Cresta aims to deepen relationships with existing investors, open conversations with new allocators and continue building out portfolios that address energy reliability, sustainability and industrial competitiveness.
For more information about Cresta and its energy infrastructure investment strategy, visit https://www.crestafunds.com.