SUFFOLK, Virginia—Crestline Hotels & Resorts completed the renovation of the TownePlace Suites Suffolk Chesapeake which is located near all Hampton Roads interstates has an updated look; the reimagined public space includes new furnishings and refreshed corridors The hotel’s 72 suites have new carpeting and paint as well as enhanced lighting and soft goods new furniture and umbrellas have been placed around the pool A new wall mural has been added to the fitness center as well one and two-bedroom suites with separate living, dining, and sleeping areas as well as fully equipped kitchens with refrigerators and microwaves. Amenities include complimentary Wi-Fi The TownPlace Suites Suffolk Chesapeake is managed by Crestline Hotels & Resorts LLC and owned by Apple Hospitality REIT, Inc Its location in northern Suffolk borders the cities of Chesapeake and Portsmouth and is near the Bridgeway Commerce Center and the Harbour View Commerce Park The property is situated near government facilities including the U.S. Coast Guard Base Portsmouth the hotel is within driving distance to challenging golf courses the Great Dismal Swamp National Wildlife Refuge Colonial Williamsburg, and Virginia Beach Shopping and dining are nearby at the Chesapeake Square and McArthur Center malls We use cookies to enhance your browsing experience We use cookies to help you navigate efficiently and perform certain functions You will find detailed information about all cookies under each consent category below The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site We also use third-party cookies that help us analyze how you use this website and provide the content and advertisements that are relevant to you These cookies will only be stored in your browser with your prior consent You can choose to enable or disable some or all of these cookies but disabling some of them may affect your browsing experience Necessary cookies are required to enable the basic features of this site such as providing secure log-in or adjusting your consent preferences These cookies do not store any personally identifiable data Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms Analytical cookies are used to understand how visitors interact with the website These cookies help provide information on metrics such as the number of visitors Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns Looking for the perfect way to spend a day in Birmingham a charming and walkable community in Mountain Brook full of local gems We spent the day exploring this iconic spot and found everything from great coffee and boutique shopping to delicious bites and even a fresh new haircut Tell us where you want us to spend the day next or if we missed your top Crestline spot!  No adventure begins without caffeine, and Church Street Coffee & Books is the perfect kickoff point We grabbed an iced coffee (pro tip: their specialty drinks are a must-try) and browsed the shelves filled with curated reads This spot blends coffee shop charm with a cozy bookstore feel making it the kind of place you’ll want to linger If you’re looking to pair your coffee with something tasty, just stroll over to Crestline Bagel across the street for a fresh bagel or a sweet treat Their menu has plenty of grab-and-go options to fuel your walk around the village and Crestline Village is a boutique-lover’s dream We explored a handful of locally-owned shops featuring everything from whimsical home decor to stylish spring wardrobe staples Whether you’re hunting for a unique piece of jewelry a gift for a friend or just browsing for fun there’s a little something for every shopper at these local gems The friendly staff and a cute atmosphere made my hair experience an unforgettable one and Crestline has no shortage of great spots We narrowed it down to two local favorites: Whether you go the taco route or opt for a pizza party We recommend grabbing a patio seat and soaking up the village charm while you dine we took a leisurely walk through Crestline Village to enjoy the scenery These cute stop-and-stare spots make this day perfect for an afternoon walk Fun fact: The Crestline Clock Tower has stood as a symbol of the village’s historic charm for decades It’s often used as a meeting spot for locals and has become an Instagram-worthy backdrop for visitors a laid-back local bar with great vibes and even better drinks Known for its friendly atmosphere and packed calendar of events Otey’s hosts everything from trivia nights to live music Wow, what a fun day! Let us know if you followed along and where you wanna see us explore next @Bhamnow All content on this site is Copyright ©  Rushing Waters Media LLC/Bham Now 2016-2025 The Five Senses portfolio moving to Crestline include:  Thank you for completing the form, here is your download: "+jQuery("body").attr("docName")+" Thank you for completing the form, here is the link to your on-demand webinar: On-Demand Webinar Link VAN WERT, Ohio — Crestline Ambulances returns to FDIC International showcasing its CCL 150 Type I ambulance—engineered to maximize fleet operations and reduce ownership costs EMS administrators and Fire Chiefs can visit booth #5686 to experience how this vehicle delivers the reliability and efficiency that performance-driven departments require in today’s challenging environment “Fleet administrators require ambulances that deliver maximum availability with minimal maintenance costs,” said Kris Turner ” The CCL 150 Type I ambulance is a testament to Crestline’s dedication to fleet-centric design we showcase how this purpose-built solution directly addresses the operational and financial metrics that matter most to department leadership.” Crestline Ambulances has established its reputation for building practical high-quality emergency vehicles that meet the evolving needs of first responders The CCL 150 Type I ambulance is displayed courtesy of RedSky Emergency Vehicles (Crestline’s dealer partner for Arizona The CCL 150 offers various cost-optimized features that directly impact long-term operational costs: Visitors are invited to join Crestline Ambulances in Booth #5686 from April 10-12 at the Indianapolis Convention Center in Indianapolis Visitors can interact with Crestline product experts between Thursday from 10 a.m FDIC attendees can tour Crestline’s expanded manufacturing operations through an exclusive VR experience at booth #5686 This immersive technology showcases our strategic facility expansion which was implemented specifically to enhance production capacity Visitors will see firsthand how Crestline’s redesigned workflows deliver increased capacity while maintaining rigorous quality standards directly benefiting departments seeking faster vehicle deployment Don’t miss this opportunity to experience the CCL 150 and discover how it can optimize your fleet while reducing costs. Visit CCL150.com to learn more is a global leader in ambulance and specialty vehicle manufacturing Crestline continues to inspire industry standards through its commitment to continuous improvement and quality products Crestline produces safe and durable ambulances at an affordable price Their value-based product is reliable and loaded with exclusive standard features including its industry-leading Lifetime Paint Warranty and Lifetime Structural Warranty Copyright © 2025 Lexipol. All rights reserved.Do Not Sell My Personal Information Saskatchewan — Crestline Coach is proud to celebrate its 50th anniversary in 2025 marking half a century of exceptional growth and leadership in the EMS and specialty vehicle industries Founded modestly in 1975 by three entrepreneurs from Saskatchewan Crestline has evolved from a small family business into a cornerstone of the province’s manufacturing sector trusted both nationally and internationally This success has been driven by a relentless commitment to excellence and adaptability in meeting the needs of the sectors it serves Crestline has delivered more than 16,000 ambulances to 32 countries alongside 4,000 buses & vans in Canada meticulously designed to support the mission of its operator—whether serving paramedics and their patients or transit workers and passengers These milestones highlight Crestline’s dedication to providing safe helping communities stay connected and protected “Fifty years of growth and success not only demonstrate the hard work of our dedicated employees but also the trust our customers place in us,” said Steve Hoffrogge President of Crestline Coach and Demers Ambulances in Canada and GrowthCrestline’s growth over the past decade has been driven by a focus on operational efficiency and expanding production capacity leading to the widespread adoption in Canada of iconic models like the FleetMax and NewEra which have solidified the manufacturer’s position for continued success A major milestone in this journey is the newest model: CCL 150—the company’s first collaboration within the partner group to design a vehicle specifically for the US market This menu-driven model was built to offer dependable and practical solutions for a trusted customer experience “The CCL 150 represents our deep commitment to serving the unique needs of US EMS agencies,” said Rob Eichorst “By collaborating directly with our dealer network and Fire/EMS partners we’ve designed a vehicle that addresses the specific operational challenges of US emergency services This 50-year milestone isn’t just about celebrating our past; it’s about demonstrating our long-term investment in becoming the preferred ambulance partner for US emergency services.” Crestline joined the Demers-Braun group as its third member the group expanded with the addition of Medix Specialty Vehicles These strategic partnerships have fueled Crestline’s growth and enabled collaboration with industry leaders to deliver even better solutions Crestline has significantly expanded to address the growing demand and tackle the lead time challenges in the EMS industry A 30,000-square-foot production facility expansion and the opening of a new facility for remounts and bus processing have all strengthened Crestline’s manufacturing capabilities Crestline’s strategic initiatives strengthen its position as a significant employer in the Saskatoon region and a provider of essential resources for customers is also venturing into the rapidly growing field of non-emergency transport With specialized van conversions for non-emergency medical transportation the company is diversifying its specialty vehicle portfolio “We’re always looking for ways to improve and evolve,” said Scott Sawatsky Vice-President Sales and Marketing for Demers and Crestline in Canada we can serve our customers even more effectively This anniversary is just the beginning of an exciting new chapter for Crestline.” 50 Years StrongAs Crestline celebrates 50 years of success the company is deeply grateful for the support and trust of its employees we are excited to continue building on this success and delivering innovative life-saving solutions to the EMS and specialty vehicle industries About Crestline AmbulancesCrestline Coach Ltd Copyright ©2023 Lexipol. All rights reserved.Do Not Sell My Personal Information COLUMBUS - It was an up and down season for the Crestline Bulldogs this winter but there was one constant in sophomore Kody Lawhorn And that didn't go unrecognized by the Ohio Prep Sports Media Association when All-Ohio voting occurred Lawhorn earned honorable mention recognition in Division VII after averaging 14.4 points per game Here is the complete list of All-Ohio honorees in Division VII Crestline Summit, the public markets hedge fund division of Crestline Investors Inc. announced on Tuesday that it is rebranding as SummitTX (pronounced “Summit ‘T’ ‘X’”) and the independent registration of SummitTX Capital, L.P. as the SEC registered investment adviser for the SummitTX Funds The rebranding represents a broader effort to elevate the hedge fund business and brand while creating a clear distinction between Crestline’s public markets and private markets businesses Following the rebranding and additional operating and regulatory independence the $3-plus billion AUM SummitTX  will remain a subsidiary of Crestline Investors Inc The announcement follows continued strong investment performance — one of the strongest years of growth for the firm since its inception — which has led to more than doubling assets over the past two years and the launch of a well-received larger balance sheet version of its original fund we have built an incredible team and culture developing operational independence that enables SummitTX to function as a distinct brand The rebrand solidifies our path forward in positioning SummitTX as a leading name within the hedge fund industry,” said Caroline Cooley Managing Partner and Chief Investment Officer at SummitTX derives from the firm’s commitment to providing continuity from its existing business and the “TX” the “TX” superscript format in the logo signifies an exponent that connotes growth — Summit to the power of TX “SummitTX was originally founded upon a set of established core values and a collaborative culture and investment process,” said Douglas Bratton and co-chief investment officer at Crestline Investors these tenets will only continue to flourish and we look forward to seeing all that is to come in this next era for SummitTX.” SummitTX is an open architecture multi-manager SummitTX manages more than $3 billion across three investment solutions harnessing the same investment process and portfolio FAIRFAX, Va., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts LLC, announced today it has assumed management of Five Senses Hospitality’s portfolio which includes 13 hotels The extensive portfolio builds on Crestline’s already strong presence in Colorado with nine additional properties in the state and expands the company’s geographic presence by adding hotels in Kansas and Arkansas The company now manages 135 hotels in 29 states and the District of Columbia President and CEO of Crestline Hotels & Resorts said “The breadth of the new portfolio accentuates Crestline's position as a well-respected hospitality management company for all the major hospitality brands The portfolio includes six hotels within the Marriott family of brands two Choice Hotels—including one Ascend Collection property has engaged Crestline to manage an additional hotel which is currently under construction and scheduled to open later this year “We are hitting the ground running as we assume management We have deployed our teams to all properties as we build a smooth transition to establish Crestline’s best practices for guest service community involvement and owner relations.” Bedford Lodging is a Dallas-based hotel development company Bedford Lodging has developed ten hotels and acquired four since inception Current owned assets include: The Nobleman Hotel in Fort Worth CO; and Residence Inn and Courtyard by Marriott in Lakewood The statements in this press release that are not historical facts may be forward-looking statements These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different words such as “anticipate,” “believe,” and “intend” indicate a forward-looking statement; however not all forward-looking statements include these words Gayle MacIntyre Global Ink Communications gbmacintyre1@gmail.com 404.643.8222 2024 (GLOBE NEWSWIRE) -- Marriott International presented Crestline Hotels & Resorts LLC its Serve 360 AWARD at the brand’s recent annual MINA & Full-Service Owners Conference in Orlando Crestline was recognized for its commitment to Marriott’s sustainability and social impact platform Serve 360 is all about doing good in every direction and utilizing the brand's most valuable asset Crestline showcased its skills in “doing good in every direction” and was recognized for its leadership in serving local communities and aligning with Marriott’s initiatives including employee volunteerism non-profit organizations supported and community activities and partnerships Crestline was also awarded the Loyalty Luminary Award which recognizes operators for driving new enrollments into the Marriott Bonvoy guest loyalty program Crestline enjoys one of the highest success rates of new enrollments driven by hotel-level staff against the total opportunities of guests checking in who are not yet Marriott Bonvoy members Crestline achieved a consistent example of excellence across its portfolio of hotels “We are truly honored to receive these important brand recognition awards,” said James Carroll President and CEO of Crestline Hotels & Resorts “Crestline's relationship with Marriott dates to our company’s inception more than 20 years ago We share Marriott’s vision for service and excellence and we are proud of our associates who embody these values daily.” Crestline currently manages 54 Marriott-branded hotels including: two full-service Marriott properties and two Westin hotels Gayle MacIntyre Global Ink Communications gbmacintyre1@gmail.com 404.643.8222 CRESTLINE - Cian Glennon's dad Chris was a senior the last time the Bulldogs suited up in Week 11 It's only fitting that the son of one of the fastest athletes Crestline has ever seen be a driving force to a postseason return after a 19-year absence then came back from my senior year and just wanted to help change the program." Region 25 first round matchup at top-seed Berlin Center Western Reserve we started making that change and turning that corner But for whatever reason the last four or five years I was all about it … and it's just good to see these guys buy in I'm the third head coach for the senior class and for me it wasn't about talking the talk — it was about proving it." Robinette and the Bulldogs proved immediately things were different this year were the beneficiary of a forfeit when Collinwood bailed the day before the Week 3 matchup and won back-to-back games against Mathews and Manchester for the first time since 2017 "All the seniors have heart like I've never seen before," Glennon said "Sticking around during a 29-game losing streak I don't know if I would be able to do it." A three-game skid after that dropped Crestline to 4-5 — started by a loss at St Thomas Aquinas who was on a 32-game losing streak — gave the Bulldogs an opportunity to grow and learn "Winning is not something that just happens "You have to dig deep in certain situations For us taking that step towards learning how to win and closing out games we were a few plays away from being 7-3 right now and that was their goal from day one — make the postseason." Robinette expected this to be year focused on slow and steady growth when he was hired "When I first took the position — before I even met these guys — our goal was just to to get better every week and play to the best of our abilities." Robinette said but if I told you I thought that we would make the postseason before I got to these guys… "Once I got to these guys and saw them in the weight room As a staff before the season we said if we don't go .500 or better At the forefront of all the success the team has seen this season is this senior class of seven who have been through the lowest of lows as freshmen "It's been a big change," Carter Giesige said "We had better coaches come in and they helped us go from 0-29 to the playoffs — it's crazy." and Kenny Simpson had a brief taste of success in middle school and knew it was only a matter of time before it happened in high school "Since our eighth grade team was pretty good we would talk about — senior year is gonna be our year — and we've just stuck together," Giesige said Unfortunately he suffered a non-contact injury resulting in a hairline fracture in his fibula in Week 10 that will sideline him for the Bulldogs' first playoff game in nearly two decades On the season Giesige is averaging 8.4 yards per carry on 56 attempts for 469 yards and six touchdowns along with seven receptions for 76 yards and a touchdown Glennon has been the bell cow back this season logging 131 carries for 1,009 yards and 12 touchdowns averaging 7.7 yards per carry they made one one of the best backfields around "We have a great offensive linemen and great size," Glennon said Establishing the ground game will be key Friday night against the Blue Devils who allow just 13.2 points per game to opposing offenses and they're sound defensively," Robinette said "They have a nice running back and a nice quarterback those are the two guys that we have to to key in on this week on defense "Offensively our line's as big as any line you'll see I think we average 250 pounds across so the size is there being aggressive and bringing the aggression rather than taking it." this will be a season to remember in Crestline And one that hopefully is foundational for the future of the program zholden@gannett.com | 419-617-6018 | Twitter/X: @Zachary_Holden and two others are injured due to a house explosion that happened in Crestline Friday afternoon according to the Springfield Township Fire Department The fire department says the explosion happened around 1 p.m. and they are unsure whether it was a single or two-story home Fire Chief Adam Spellman told News 5 that the house was gone and the field was filled with debris that reached up to 75 yards "We arrived and found a house leveled with a fire in the basement Crews began extinguishing and later learned victims were inside," said Spellman "It was like something you'd see out of a movie.. like a bomb went off or a tornado came through Something we haven't seen here personally within our department Just a one in a million chance that this happened and here we are." One woman who was outside was thrown by the explosion and taken to the hospital Spellman says two additional people were found in the basement The man and woman in the basement were taken to the hospital No nearby properties were affected by the damage The Fire Marshal is investigating the explosion LEMON GROVE, Calif. (April 14, 2025) — Northmarq’s San Diego Multifamily Investment Sales team led by Benn Vogelsang successfully completed the $2 million sale of 2555-2571 Crestline Drive a 16-unit multifamily housing community in Lemon Grove “Through extensive marketing and cooperation we were able to find a unique buyer for a unique asset," Vogelsang said The 2555-2571 Crestline Drive multifamily community features three residential structures that include studio The property includes detached storage units The community includes large common areas that include a shared kitchen Laundry and internet are provided to tenants 2555-2571 Crestline Drive is just blocks from State Routes 94 and 125 restaurants and more in downtown Lemon Grove and it is roughly 10 miles from downtown San Diego.  NEW WASHINGTON - Nobody on Crestline's roster was around when the Bulldogs last won a game but from that point on the Bulldogs lost game-after-game-after-game ending last season on a 29-game losing streak — 22nd longest in OHSAA history All that changed Friday night in Dutchtown as a revitalized Crestline team responded to early Buckeye Central touchdowns before pulling away in the second half for an impressive 44-27 win "I'm just happy for the kids," first-year coach Hastings Robinette said "These seniors were 0-29 and this was our goal from six months ago when I was hired This is for these guys who put the work in in his first season as head coach following seven years as an assistant "I was on a staff that went three straight years it feels like you're getting a monkey off your back But it didn't really feel like that in the locker room A lot of it is you're finally getting a taste of winning and what it's like to play winning football We really disliked the amount of — Are you gonna break the streak That adds a lot of stress on a young person." It was a new face at Crestline that led the way Friday night in senior Cian Glennon He rushed for 222 yards and three touchdowns including a 40-yard dagger late to put the game out of reach "He was kind of under the radar because he was in Lexington and he transferred over here," Robinette said THURSDAY NIGHT KICKOFF! Astounding athleticism: Galion's speed too much for Wynford to contain in season opener Glennon didn't know what it felt like the last three years at Crestline losing every single game; and luckily "I just transferred to Crestline and I love this experience," Glennon said The Bulldogs ran the sweep countless times which is where Glennon accumulated most of his production And he did it while dealing with cramps throughout the night having to come off the field several times "After the first one I saw it was open and I was like — coach but I tried to run hard and low and power through it." The ability to power through started in the offseason "Our staff started in February in the gym with these guys before we even did any football," Robinette said "We got them to buy in before we even touched the football field but first win in almost four years — we'll take it." Sophomore quarterback Kody Lawhorn was equally as impressive in the win rushing in one touchdown and throwing four more — two to senior Parker Bowman "He has come so far from the first day of camp until now so I feel like the sky's the limit if he keeps going." struggled at times which was expected with such a young roster "We really got bit by the cramps and we really had to move guys around in spots they weren't very comfortable in which didn't help But we definitely have to clean up the tackling They really competed hard through a lot of adversity and we got it to a one score game with a chance to get a stop and get the ball back with a chance to take the lead and that gives the program plenty of time to get back to winning ways When Robinette took over his first goal was to dramatically change the culture he's doing a good job of it having already surpassed the total points scored in 2023 (34) in just a single game "It's definitely a good step," Robinette said "We were down a point at half time and our guys could have shut down and been done with it they came back out … and I couldn't be happier for them." zholden@gannett.com Twitter/X: @Zachary_Holden FAIRFAX, Virginia—Crestline Hotels & Resorts LLC announced it has assumed management of Five Senses Hospitality’s portfolio which includes 13 hotels in three states totaling 1,240 keys The portfolio builds on Crestline’s presence in Colorado with nine additional properties in the state and expands the company’s geographic presence by adding hotels in Kansas and Arkansas “The breadth of the new portfolio accentuates Crestline’s position as a well-respected hospitality management company for all the major hospitality brands This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page Ohio (WSYX) — A Crestline man was arrested on Wednesday after an investigation into the possession and creation of child pornography was arrested by the Crawford County Sheriff’s Office after authorities executed a search warrant at a residence on the 600 block of Thoman St Authorities seized several electronic items from the residence during the search a search warrant was obtained for Durbin’s cellular device Investigators reportedly found child pornography images on the device A report will be forwarded to the Crawford County Prosecutor’s Office for consideration of additional charges Sheriff Scott Kent and Detective Winkelman urged citizens to report any suspicious activity to the Sheriff’s Office at 419-562-7906 please click the box below to let us know you're not a robot Get the most important global markets news at your fingertips with a Bloomberg.com subscription Stayntouch, a global leader in cloud hotel property management systems (PMS) and guest-centric technology, has partnered with Crestline Hotels & Resorts one of the largest independent hotel management companies in the U.S Stayntouch deployed its Best-in-Class PMS to four of Crestline’s independent properties: The Nordic Lodge Crestline Hotels & Resorts prioritizes true partnership and innovation working closely with owners and investors to craft tailored operations strategies that deliver measurable results With a portfolio spanning diverse property types—including boutique resorts and luxury urban landmarks—Crestline sought a PMS technology partner that combines ease-of-use automation and deep integration capabilities to support its independent hotels Crestline Hotels & Resorts’ independent properties now benefit from a Best-in-Class PMS with: Elliott MestMFC PR please have patience while we stay live during this process Terms of Service Privacy Policy Subscribe to our mailing list to get a weekly local news recap in your Inbox We use cookies to provide you with a great experience and to help our website run effectively Crestline Construction is under contract with Maul Foster & Alongi (MFA) we will be installing a 36” storm line across Klindt Drive and River Rd Construction will be periodic from January 2nd and between the hours of 7:00 am and 5:30 pm There will be detours directing traffic around and through the work zones The construction may impact local access to your home or business Delays will be minimal and detour routes may add time to your travel Please be patient and alert while passing through work zones be sure to watch for all changes to traffic control and the direction of flaggers that you may encounter We truly appreciate your patience with this project Should you have any questions please contact: Get local news updates from the Mid-Columbia region in your inbox Columbia Community Connection was established in 2020 as a local honest and digital news source providing meaningful stories and articles CCC News’ primary goal is to inform and elevate all the residents and businesses of the Mid-Columbia Region Contact us: News@columbiacommunityconnection.com - Tel: (541) 980 - 2756 Powered by Immense Imagery Columbia Community Connection409 Lincoln St,The Dalles Privacy Policy Terms of Service American Cancer SocietyP.O. Box 1981, Cleveland OH 44106Tel: 1-888-227-6446Web: http://www.cancer.org/ Back in June, Bham Now reported the opening of Feast from popular Birmingham Chef Lindsey King and CEO Brett Ables Feast Catering and Culinary Kitchen is open and serving up dishes left and right Keep reading to learn more about this tasty catering and takeout service Feast has been helping struggling businesses create a wider outreach in Birmingham since 2020 Popular chef and Guy’s Grocery Games participant Lindsey Noto-King collaborated with Croux CEO Brett Ables to create an extraordinary force for catering Feast aims to give Birmingham businesses and natives a taste of fine dining that is easily accessible “What led to starting this kitchen is seeing a demand from the customers looking for catering items that you’re not always able to get at restaurants We felt the need to start the culinary kitchen so that we could pretty much meet a wide variety of mainstream customers.” Don’t miss out on the chance to try Chef Lindsey’s delectable culinary creations a cash hurdle is seen as an olive branch to antsy investors frustrated by dwindling returns such as the $3 billion hedge-fund platform Crestline Summit The Texas-based manager launched its multi-strategy offering in 2015 out of the firm's existing fund-of-funds business it launched a leveraged version of its flagship stable value strategy offering investors in its three strategies a cash hurdle for performance fees The firm still charges management fees to cover operating expenses and pass-through fees to pay its 30 portfolio managers which means they only get paid for performance above Treasury bills also comes with more of a payout for the firm if the manager significantly outperforms "There's alignment with forward-thinking LPs who don't want to put the portfolio managers or the fund managers in such a position that they don't make money," said Caroline Cooley Crestline Summit's chief investment officer "There is a give-and-take where we're not going to charge on the interest-rate component of the return but we will charge a higher rate for the alpha component of the return." But the hurdles are just one element of Crestline's overall plans which is part of a broader $18 billion alternatives manager the deputy chief investment officer of Crestline Summit The manager plans to add up to four more PMs this year While the battle for talent among multimanagers is not cheap the firm hopes its flexibility will win over PMs of where the business is and where we see it growing to and we're excited about that," Arbour said and its newest offering includes backing from the massive pension fund Texas Teachers But the culture is why leaders believe talent will come "We have to pay competitive rates for people But we also recognize that in a world where everyone has a job people take jobs for lots of different reasons "capital and economics are commoditized to a point." Crestline believes it is more flexible with PMs than larger pod peers Roughly half of its PMs operate externally meaning they're able to raise additional capital alongside Crestline's investment One such manager is former Citadel PM Josh White who started trading at his London-based Regents Gate earlier this year with capital from Crestline "It might enable you to find the person that's been kind of a cog in the wheel of a platform for all of their life and now they want their name on the door," Cooley said of allowing external PMs "We don't want to pass that man or woman up from joining us and being a real contributor to the program." While being external doesn't mean there are different risk limits it does give some more entrepreneurial investors the chance to try their hand at business building And though the firm might not offer the largest compensation guarantee executives believe the overall package is compelling "Some of our competitors are kind of an indentured servitude model," said Scott Nelson is be people that those portfolio managers who are very good The brand the firm is trying to push externally is that they are "capital partners Structuring risk limits around the certain type of strategies a PM runs is proof they don't see themselves as a one-size-fits-all and the firm's performance has kept pace with larger rivals "There are some structural elements to how we engage that is fair approach than some of our competitors," Nelson said "The overall package has allowed us to punch well above our weight."