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Steve founded Clearwater Equity Group in 1997. He has spent almost 40 years in the finance industry where he has gained extensive experience in sourcing, underwriting, structuring, and managing private equity and debt investments.
Steve began his professional career at Northwestern National Bank of Minneapolis (n/k/a Wells Fargo) where he worked in the commercial banking and treasury departments from 1977-1984. He then spent two years focused on debt private placements at a small investment banking firm before joining Norwest Equity Partners (NEP) in 1986. In his 11 years at NEP, Steve was one of three partners who managed the firm’s equity investments in management buyouts, acquisitions, recapitalizations, and late-stage growth equity. He was personally involved in 35 NEP investments and was a member of the Board of Directors of 15 companies in a variety of industries.
Steve left NEP in 1997 to found Clearwater Equity Group. He currently serves on the board of directors of five companies that CEG has acquired.
Education: Bachelor’s of Business Administration – Finance, University of Notre Dame