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FC Crestone
Rich Horrigan and Stephen Schmeltekopf co-founded FC Crestone in 2007 as a concentrated turnaround investment firm in Greenwood Village, Colorado.
FC Crestone
Delivering capital, financial, and operational solutions to transform businesses to regain long-term success. FC Crestone functions as your investment partner..
General information
Firm type
Generalist
Year founded
2007
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Greenwood Village
Corporate office
5555 DTC Pkwy, Suite 277 Greenwood Village, CO 80111
Principals
Rich Horrigan
Co-Founder and Partner
Stephen Schmeltekopf
Co-Founder and Partner
Sector focus
Frequently asked questions
Who runs investment decisions at FC Crestone?
Co-founders Rich Horrigan and Stephen Schmeltekopf jointly make investment decisions as members of the Investment Committee. Horrigan's background combines Deloitte CPA training with C-suite operating roles in industrial and service businesses, while Schmeltekopf's experience includes work at a US-based non-performing loan investor in Mexico. The firm describes itself as small by design, with both partners directly involved in identifying, structuring, and managing each portfolio company.
Does FC Crestone operate as a fund or a permanent capital vehicle?
FC Crestone does not publicly disclose its fund or vehicle structure. The firm emphasizes a long-term ownership philosophy after turnarounds, suggesting it does not follow a fixed exit timeline. No fund names, vintage years, or capital-raising events have been disclosed on the firm's website.
What stages and situations does FC Crestone target?
FC Crestone targets companies requiring turnaround capital and operational intervention across buyouts, complex situations, divestitures, growth, recapitalizations, restructurings, and spin-offs. The firm states it invests across a wide range of industry sectors including manufacturing, industrial, business-to-business services, retail, transportation, distribution, and consumer products.
How does FC Crestone source turnaround opportunities?
FC Crestone sources proprietary opportunities through the professional networks of its two co-founders and their operating background. The firm describes its approach as leveraging an extended network of professionals to bring resources to portfolio companies, but it does not detail a proprietary sourcing model beyond the partners' direct relationships in industrial and service sectors.
Does FC Crestone maintain any philanthropic structures or other family entities?
There is no publicly disclosed philanthropic foundation, family office, or adjacent vehicle tied to FC Crestone or its co-founders. The firm operates solely as a turnaround private equity asset manager from its Greenwood Village, Colorado office, and no external information identifies a broader organizational structure.
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