Why Crestview Partners: Interviews, Careers, & Portfolio

Crestview Partners Overview

Crestview Partners is a private equity firm that is value-oriented and focused on the middle-market.

The firm is based in New York, USA and has over $10 billion in capital commitments. A group of partners who have extensive experience and impressive backgrounds in private equity, operations, management, and finance are leading the firm.

Crestview also has senior investment professionals who are focused on managing and sourcing investments in each of the firm’s area of expertise:

• Financial Services
• Media
• Industrials

Barry Volpert and Tom Murphy co-founded Crestview Partners in 2004. Mr. Volpert is also the CEO of the firm, while Mr. Murphy serves as a partner. Both of them are members of the investment committee as well.

Crestview Partners AUM

According to the latest regulatory filings, Crestview Partners has $10.9 BB in assets under management as of March 31, 2023.

Crestview Partners Interview Process & Questions

Firms can make modifications in their interview process for each candidate. However, when you interview at Crestview Partners (or similar firms), you can expect the following:

• Around 4-6 rounds of interviews
• Junior investment professionals supervise the initial rounds, while the senior staff handle the later phase of the interview.
• The whole process can take multiple weeks – unless it’s an on-cycle or on-campus recruiting

Interviews at Crestview Partners will be a mixture of a set of questions: fit, behavioral, and technical / investing.

Need help preparing for interviews? My Growth Equity Interview Guide is right for you.

Why Crestview Partners

The most common question you’ll receive during interviews is “Why this firm”.

If you’ve done networking prior to your interviews, this is your chance to mention whoever you’ve met and how they’ve positively influenced your decision to apply at their firm.

Also, I would recommend learning more about the firm. A great way to do this is to listen to interviews with its founders, investors, and employees.

To start, here’s an interview with Tom Murphy, Co-Founder of Crestview:

Crestview Partners Case Study

Case studies almost always show up during interviews at firms like Crestview Partners. The reason is firms use case studies to evaluate each candidate’s technical and communication skills – both crucial to investor’s success.

Most case studies revolve around investment recommendations and financial modeling. But for junior roles, cold calling case study may also be required.

For case study preparation, check out my Growth Equity Interview Guide.

Crestview Partners Salary & Compensation

According to Glassdoor, Crestview Partners offers annual salaries of $141K on average to their associates. Figures may vary depending on various factors such as location, experience, and education. No recent data for analyst hires.

Associate

Crestview Partners Careers, Jobs, & Internships

To see the most recent open roles at Crestview Partners, visit our job board which features promising opportunities for them and other growth / VC firms.

Crestview Partners Portfolio & Investments

According to Crunchbase, Crestview Partners has made 18 investments across two funds. Some of their notable deals include Digicomm International, Upwell Water, and ICM Partners.

Notable Transaction: The Gersh Agency

The Gersh Agency is the 4th largest entertainment agency which differentiated itself from competitors in the agency landscape by focusing solely on client representation, while still being able to serve the broad needs of its client base.

In May 2023, Gersh sold 45% of the company to the private equity firm Crestview Partners.

David Gersh and Bob Gersh, Gersh Agency Chiefs, said that the transaction with Crestview will help the agency to keep growing in new areas and better represent their client base.

The brothers remained at the helm of the company, while Leslie Siebert, who long served as managing partner, has been promoted to co-president – along with David and Bob Gersh.

Next Steps

Crestview Partners is an excellent firm to build your career in finance. If you want to be part of their team, you have to stand out during your interviews.
For that, I would recommend my Growth Equity Interview Guide which is a self-paced online course designed to teach you the critical topics such as case study, financial modeling, and many more. Check it out and start learning today!