Davis Polk Leads Crestview Partners To $3B Fund Close

Law360, New York (February 4, 2015, 12:59 PM EST) -- Davis Polk & Wardwell LLP helped guide 10-year-old private equity shop Crestview Partners to the closing of its largest fund yet with more than $3 billion in capital commitments, Crestview Partners III LP said Tuesday.

The fund has secured more than $3 billion in limited partner commitments and included an extra $250 million in commitments from the PE shop and its employees, according to a statement Tuesday. That makes it Crestview's largest fund yet.

"We are extremely thankful for the loyalty of our limited partners and the support of both new and existing investors," Crestview co-founder and Chief Executive Barry Volpert...

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