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Adviser Profile

As of Date 04/05/2024
Adviser Type - Large advisory firm
Number of Employees 37 8.82%
of those in investment advisory functions 24 4.35%
Registration SEC, Approved, 3/30/2012
AUM* 8,881,124,931 -18.77%
of that, discretionary 8,881,124,931 -18.77%
Private Fund GAV* 8,494,333,931 -22.45%
Avg Account Size 246,697,915 -32.31%
SMA’s No
Private Funds 30
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
11B 9B 8B 6B 5B 3B 2B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count30 GAV$8,494,333,931

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Brochure Summary

Overview

Crestview was founded in 2004 by Barry S. Volpert and Thomas S. Murphy, Jr. and is principally owned by entities controlled by them and certain of Crestview’s other senior professionals. The firm’s senior professionals with the title of Partner are Brian P. Cassidy, Robert V. Delaney, Jr., Daniel G. Kilpatrick, Lindsey L. King, Adam J. Klein, Mr. Murphy, Ross A. Oliver, Evelyn C. Pellicone, Mr. Volpert and Bradford R. Williams. Mr. Volpert is the Chief Executive Officer, and Messrs. Cassidy, Delaney, Murphy, Oliver as well as Ms. Pellicone, also serve as officers of the company. In such capacity, Messrs. Delaney, Murphy and Volpert also have the title Managing Director, Mr. Cassidy has the title President, Mr. Oliver has the titles General Counsel and Chief Compliance Officer and Ms. Pellicone has the title Chief Financial Officer. Crestview provides investment advisory services to Crestview Partners, L.P. and its affiliated co- investing funds (collectively, “Fund I”), Crestview Partners II, L.P. and its affiliated co-investing funds (collectively, “Fund II”), Crestview Partners III, L.P. and its affiliated co-investing funds (collectively, “Fund III”), Crestview Partners IV, L.P. and its affiliated co-investing funds (collectively, “Fund IV”) and Crestview Partners V, L.P. and its affiliated co-investing funds (collectively, “Fund V”). All of the funds to which Crestview provides advice are privately offered. The legal entities that principally compose the Fund I complex are as follows:
• Crestview Partners, L.P.
• Crestview Partners (TE), L.P.
• Crestview Partners (ERISA), L.P.
• Crestview Partners (PF), L.P.
• Crestview Partners (Cayman), L.P. The legal entities that principally compose the Fund II complex are as follows:
• Crestview Partners II, L.P.
• Crestview Partners II (TE), L.P.
• Crestview Partners II (FF), L.P.
• Crestview Partners II (Cayman), L.P.
• Crestview Partners II (FF Cayman), L.P.
• Crestview Partners II (892 Cayman), L.P. The legal entities that principally compose the Fund III complex are as follows:
• Crestview Partners III, L.P.
• Crestview Partners III (TE), L.P.
• Crestview Partners III (TE 2), L.P.
• Crestview Partners III (FF), L.P.
• Crestview Partners III (Offshore), L.P.
• Crestview Partners III (FF Offshore), L.P.
• Crestview Partners III (892), L.P.
• Crestview Partners III (DE Offshore), L.P.
• Crestview Partners III Co-Investors, L.P.
• Crestview Partners III (Co-Investment B), L.P. The legal entities that principally compose the Fund IV complex are as follows:
• Crestview Partners IV, L.P.
• Crestview Partners IV (TE), L.P.
• Crestview Partners IV (FF), L.P.
• Crestview Partners IV (Offshore), L.P.
• Crestview Partners IV (FF Offshore), L.P.
• Crestview Partners IV (892), L.P.
• Crestview Partners IV (DE Offshore), L.P.
• Crestview Partners IV Co-Investors, L.P.
• Crestview Partners IV (Bluebonnet),
L.P. The legal entities that principally compose the Fund V complex are as follows:
• Crestview Partners V, L.P.
• Crestview Partners V (TE), L.P.
• Crestview Partners V (FF), L.P.
• Crestview Partners V (Offshore), L.P.
• Crestview Partners V (892), L.P.
• Crestview Partners V Co-Investors, L.P. The general partner of each of the Fund I entities listed above is Crestview Partners GP, L.P. (“GP I”); the general partner of each of the Fund II entities listed above is Crestview Partners II GP, L.P. (“GP II”); the general partner of each of the Fund III entities listed above is Crestview Partners III GP, L.P. (“GP III”); the general partner of each of the Fund IV entities listed above is Crestview Partners IV GP, L.P. (“GP IV”); and the general partner of each of the Fund V entities listed above is Crestview Partners V GP, L.P. (“GP V” and, together with GP I, GP II, GP III, GP IV and any vehicle formed in the future to serve as the general partner of an entity advised by Crestview, the “General Partners”). The general partner of each General Partner is Crestview, L.L.C. Crestview Partners (Cayman), Ltd. is the administrative general partner of certain of the foregoing entities. In addition to the entities described above, certain other legal entities have been formed to serve as vehicles for the purpose of holding specific investments or for other legal, regulatory, tax or business reasons. This brochure is not an offer to invest in any of Crestview’s private funds. Any such offer would only be made through the provision of such fund’s confidential offering materials. Information included in this brochure is intended to provide a useful summary about Crestview, but it is qualified in its entirety by information included in its private funds’ confidential offering materials. Crestview’s private funds tend to invest in middle-market companies that are active in financial services, industrial and media sectors. Crestview’s private funds target approximately $100 million to $300 million equity investments in companies with enterprise values that are typically between $250 million and $1 billion. Crestview’s investment advice is carefully tailored to the objectives of each private fund but not to the objectives of underlying investors in those funds. From time to time, investors in the private funds and others are offered an opportunity to make a co-investment with the funds. In general, each investor is individually responsible for determining whether it wants to participate in such a co-investment opportunity, unless such investment discretion has been granted to Crestview. As of December 31, 2023, private funds advised by Crestview had regulatory assets under management of approximately $8,881,124,931, which comprises assets with a fair value of approximately $6,745,154,203 and uncalled capital commitments of approximately $2,135,970,728. Crestview and the General Partners have discretionary authority over the private funds’ investment activities.