Crestview Partners II GP, L.P.
Crestview Partners II GP, L.P. is the general partner for Crestview Partners II, L.P., a private equity fund managed by Crestview Partners, which is headquartered in New York, NY, United States. Crestview Partners was founded in 2004 by Barry Volpert, a former Goldman Sachs partner. The firm specializes in private equity investments, focusing on financial services, consumer cyclical, media, communications infrastructure, and industrial sectors, and typically targets companies with enterprise values up to $3 billion. Crestview Partners is known for its contrarian, value-oriented approach, focusing on strategic long-term growth. The firm employs over 50 people and maintains deep operator and investor experience across cycles, aiming to partner with management teams to drive operational improvements and strategic growth.
Investment Strategy
Crestview Partners applies a contrarian, value-oriented investment strategy, seeking to make concentrated investments in middle-market companies, often within sectors undergoing significant disruption or perceived dislocation due to technological innovation, changing consumer behavior, or market cycles. The firm emphasizes patient capital, selectivity, and significant operational involvement to drive improvement and growth, focusing on long-term value creation. Crestview utilizes its deep relationship network to source proprietary deals and add value at portfolio firms, leveraging operational and strategic initiatives. ESG factors are considered in both diligence and portfolio management, and the firm prefers modest leverage and is often selective about timing investments to capitalize on market dislocations, distressed opportunities, and special situations.
Top Holdings
Equity Positions (3)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VCTR | VICTORY CAPITAL HOLDINGS | 87.91% | $484.9M | 7,616,404 | $36.54 | $63.67 | +$44.2M |
W WTTR | SELECT ENERGY SVCS INC | 6.11% | $33.7M | 3,899,195 | $12.01 | $8.64 | -$7.3M |
C CWH | CAMPING WORLD HLDGS INC | 5.99% | $33.0M | 1,921,246 | $32.38 | $17.19 | +$2.1M |