FC CRESTONE TEAM

Co-founders have worked together as a team for 14 years and principals have collectively over 60 years of relevant experience. We have a strong track-record of successfully investing across market cycles

Our team operates with the philosophy that we consider ourselves in a partnership of equals – equally accountable to each other and to the stakeholders in our portfolio companies

Our team is small by design with diverse and complementary strengths. We have a concentrated portfolio which allows us to focus on creating value over the long-term at each individual company

Rich Horrigan

Rich Horrigan is Co-Founder and Partner at FC Crestone and a member of its Investment Committee. Rich Co-founded FC Crestone in 2007 and helped develop its highly successful investment strategy. Rich has been integral in the success of FC Crestone’s most complex and profitable investments.

Prior to FC Crestone, Rich was an investment professional with Summit Investment Management, a Denver based hedge fund and partner of Fortress Investment Management. Rich was responsible for the firms most complicated investments in distressed commercial loans and illiquid assets from origination through asset management.

Rich started his career as a CPA with Deloitte. Following Deloitte, Rich held numerous operating roles through several C-suite positions in industrial and service businesses. Rich received his undergraduate degree from Penn State University.

Stephen Schmeltekopf

Stephen Schmeltekopf is Co-Founder and Partner at FC Crestone and a member of its Investment Committee. Stephen Co-founded FC Crestone in 2007 and helped develop its highly successful investment strategy. Stephen’s responsibilities include identifying, analyzing and structuring investments.

Prior to FC Crestone, Stephen was an investment professional at Summit Investment Management, a Denver based hedge fund and partner of Fortress Investment Management. Stephen was an integral member of the asset management and acquisitions group for Summit where Stephen specialized in unique, illiquid situations.

Stephen began his career working in Mexico for a US-based non-performing loan investor and servicer. Stephen received his BS degree from Baylor University.

Michael Houy

Michael Houy is a Partner at FC Crestone and a member of its Investment Committee. Michael has extensive experience in identifying, analyzing, structuring, and managing private equity investments. Michael is passionate about working with management teams to create significant value over time.

Prior to joining FC Crestone, Michael was an investment professional at KPS Capital Partners, LP (KPS) for 9 years. KPS is the manager of KPS Special Situations Funds, a family of private equity funds with approximately $5.2 billion of assets under management (as of 2017) focused on making controlling equity investments in manufacturing and industrial companies. At KPS, Michael’s responsibilities included identifying, evaluating, and executing control investments.

Prior to joining KPS, Michael worked for Sun Capital Partners, a leading middle market focused private equity firm. Michael began his career at JPMorgan Securities, Inc. Michael graduated from the University of Massachusetts with a B.B.A. in Finance.

Jim Miller

Jim is a Co-Founder of FC Crestone and operates as a limited partner. Jim previously served on the Board of numerous FC Crestone portfolio companies.

Prior to the formation of FC Crestone, Jim was the Director of Originations for two distressed investment funds based in Denver, Colorado, focusing on acquisitions in the Southeastern United States.

Jim began his career with a billion-dollar holding company where Jim played a variety of roles including the Portfolio Manager of $50 million distressed bond portfolio.

Jim is a graduate of Colorado College.

What CEOs Say

CEO, Manufacturing Company

“FC Crestone is one of the smartest PE (Private Equity) teams that I know, and they are also the humblest people I know. They assisted me in achieving extremely successful outcomes and even out-performed their own expectations”

CEO, Manufacturing Company

“The FC Crestone Team is the most collaborative and supportive team-building investors I have ever met.”

CEO, Distribution Company

“The experience is spectacular, they are very serious in their approach, very focused, and extremely personal.”

CEO, Mining Company

“The FC Crestone team is very different in that while they are quick and responsive… they take the time to solve issues to the benefit of all. They are the most collaborative, and supportive team building investors I have ever met. And the outcome was substantially greater than I would have ever expected.“

CEO, Consumer Products Company

“The unique thing about FC Crestone is that they have a sense for when they need to be involved and when not to be, which lead to fantastic outcomes.“

CEO, Retail Company

“I have to say I loved the outcome of working with FC Crestone and would recommend them hands down.“