Prior to founding Tortola and Capstan Fund in 2009, Steve spent 20 years as an entrepreneur in industries ranging from music publishing, to mortgage and SBA lending, to financial services.
Steve has navigated operational retoolings and financial restructurings of companies ranging in size from $1 million in revenue and 20 employees to half a billion in revenue with nearly a thousand employees. Specialties include retail, printing, aluminum smelting, manufacturing, real estate, construction, trucking, scrap metal, automotive, healthcare, oil and gas, and financial services.
He has served as Interim CEO/Chief Restructuring Officer for multiple businesses, assisted law firms in investigating cases of fraud and check kiting, and provided expert testimony in State and Federal cases. Steve also advises investors who have deployed capital into circumstances that have fallen into distress, worked through multiple distressed acquisitions, and helped distressed companies prepare for, and sell to 3rd parties.
As an investor, Steve actively manages a portfolio of nearly a dozen businesses.
His commentary on credit markets and the economy has appeared in publications such as The Wall Street Journal, FORBES, USA Today, Business Week, Chicago Tribune, Market Watch, Money Magazine, and FastCompany.com. He has appeared on multiple national news media broadcasts, and been featured on radio programs such as The Final Word on Bloomberg. Steve is a graduate of Wake Forest University.