Revelstoke Capital Partners

Revelstoke Capital Management is a private equity investment manager that provides discretionary portfolio management to pooled investment vehicles, including main funds, single-asset and affiliate funds and co‑investment vehicles. The firm concentrates its investment activity on U.S. middle‑market companies in healthcare and related business services and manages institutional capital on behalf of fund clients (Regulatory AUM reported in its ADV).

The firm pursues a research-driven, thematic approach with proactive sourcing and an emphasis on “high urgency” value creation, often seeking control positions, board representation and the replacement or installation of senior management at portfolio companies. Revelstoke supplements traditional buy‑side activities with an internal Portfolio Transformation Group (PTG) that provides operational and procurement services to portfolio companies (billed under engagement letters and subject to negotiated caps) and offers structured co‑investment opportunities alongside its funds; it does not tailor day‑to‑day investment decisions to individual investors, who instead rely on each vehicle’s governing documents.

Several operational and marketing practices distinguish Revelstoke from many peers: its ADV discloses an active program of portfolio company service arrangements (including a PTG GPO channel to a third‑party GPO) and detailed fee‑offset mechanics for certain portfolio fees, and it notes a passive, non‑voting outside investor in the management company with customary minority protections. The firm’s disclosures also indicate the use of testimonials, third‑party ratings and endorsements in its advertising and capital‑raising materials — practices that are relatively uncommon among investment managers primarily focused on pooled vehicles.