Latest news with #Cresset
BBC News
02-07-2025
- Entertainment
- BBC News
New director hopes to invest in future of theatre in Bretton
A new director hopes to invest in the future of a theatre and arts venue in a Chantal said much had changed since The Cresset in Bretton, Peterborough, first opened almost 50 years ago and wanted to support its future said it was going through "an incredible programme of transformation" as the site needed investment in terms of resource and reimagination. Ms Chantal, 57, added the team would look to refresh its events programmes and reinstate the mission of the building to serve the community and young people. The Cresset is owned by the YMCA Trinity Group and is home to performance spaces as well as a library, day care centre, shops, church and pub. It is self funding and year end profits are put back into the work of the charity."It's not just a theatre, its a community hub, a place that is open from 07:00 to 23:00... with conference facilities, weddings and a really busy youth programme on stage and in the community with the YMCA."Ms Chantal added: "One of the things I want to do is bring in more original music as well as the really great fun tribute acts we are well-known for and bring in different music here like jazz, country [and] western, opera or local orchestras."We want the community to be a part of this venue in the way it was originally conceived to be the community hub of Bretton." It was devised in the 1970s by Sir Harold Haywood and was officially opened in 1978 by HM The Queen with Prince Chantal joined the theatre and events complex this year after a report was commissioned by the Cresset Board in partnership with Peterborough City Council. It said its recommendations would be implemented over the next five wanted to hear suggestions of what the wider community wanted to see at the site and hoped to bring in more ideas and bigger audiences. Ms Chantal added: "Some of our staff have been here 40 years, they come and they stay because they love it and they care about The Cresset and you can feel that."You can feel it in the way that they behave and treat the audience as guests to their home, it's a very different vibe to the theatres I've worked in for the last 40 years." Follow Peterborough news on BBC Sounds, Facebook, Instagram and X.
Bloomberg
05-06-2025
- Business
- Bloomberg
Wealth Firm Cresset Taps Private Credit to Weather Market Swings
Wealth management firm Cresset Capital has turned to private credit to boost client returns as President Donald Trump's on-off tariffs policy stokes turbulence across financial markets. The Chicago-based company, which manages more than $65 billion on behalf of clients, has increased its allocation to private credit to as much as 20% in one of its strategies, said Chief Investment Officer Jack Ablin. Cresset wasn't involved in that market at all prior to 2022 because the risk was too high relative to returns, he said.
