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Rich DeMartini

Vice Chairman

Rich DeMartini is a vice chairman.

Bio

Rich DeMartini joined Crestview as a partner in 2005 and retired as a partner to become a vice chairman in 2021. Prior to Crestview, Rich served as president of the Bank of America Wealth and Asset Management Group from March 2001 until December 2004. At Bank of America, Rich was responsible for all wealth and asset management activities and oversaw approximately $400 billion in assets under management. He was also a member of Bank of America’s operating committee. Prior to Bank of America, Rich retired from Morgan Stanley where he served as chairman and CEO of the international private client group. His 26-year career at Morgan Stanley included roles as president of individual asset management and co-president of Dean Witter & Company, Inc. and chairman of Discover Card. He was also a member of the Morgan Stanley management committee. Rich is a former director of Capital Bank Financial and Fidelis Insurance Holdings, is a founding member of Partners Capital and currently serves as a director of Victory Capital Management. He is also a trustee and chairman of the Whitney Museum of American Art. Rich has served as chairman of the board of the NASDAQ Stock Market and vice chairman of the board of directors of the National Association of Securities Dealers, Inc. Rich received a Bachelor of Arts from San Diego State University.

Investments

Arxis Capital Group

Financial Services

Realized

Arxis was an electronic trading firm specializing in the automated market-making of global securities. Its goal was to develop and utilize technological innovations that intelligently analyze data in order to deliver liquidity across asset classes.

Capital Bank Financial

Financial Services

Realized

Capital Bank Financial Corporation was established by Crestview and management in 2009 and grew to $10.1 billion in assets through eight bank acquisitions. Capital Bank completed its $2.2 billion merger with First Horizon National Corporation in November 2017.

FBR & Co.

Financial Services

Realized

FBR provides investment banking, merger and acquisition advisory, institutional brokerage and research services. It focuses on the consumer, energy & natural resources, financial institutions, healthcare, industrials, insurance, real estate and TMT sectors.

Fidelis Insurance Holdings Limited

Financial Services

Current Portfolio

Fidelis is a global provider of specialty insurance and reinsurance products. The company has offices in Bermuda and London.

Lancashire Holdings

Financial Services

Realized

Lancashire is a global provider of specialty insurance and reinsurance, focusing on short-tail risks in property, energy, marine, aviation and Lloyd’s. The company was established in 2005.

Martin Currie

Financial Services

Realized

Martin Currie is a specialist active equity manager. It manages assets for financial institutions, charities, foundations, pensions, trusts, banking and insurance companies, family offices and offshore funds. It was acquired by Legg Mason in October 2014.

Munder Capital Management

Financial Services

Realized

Munder is an investment advisory firm offering actively managed investment products to institutional and retail clients. It offers a broad array of equity, fixed income and balanced investment disciplines and was acquired by Victory Capital in October 2014.

PartnerRe

Financial Services

Realized

PartnerRe is a global multi-line reinsurer specializing in property and casualty, life and health and alternative risk products. Crestview initially invested in Paris Re (formerly AXA Re) in 2006, which subsequently merged with PartnerRe in 2009.

Protect My Car

Financial Services

Realized

Protect My Car is a vertically integrated seller and administrator of vehicle service contracts and maintenance products that protect used vehicle owners against unexpected costs of servicing, repairs and replacement.

Victory Capital

Financial Services

Current Portfolio

Victory Capital is an investment management firm operating a next-generation, integrated multi-boutique business model with $132.5 billion in assets under management as of July 31, 2020. Victory Capital serves both institutional and retail investors.