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Steve Pierson

Managing Partner

Lovell Minnick Partners

New York, NY, USA

Steve Pierson
Joe Phelan
Phelan & Partners
Bert Pijls
Calisen PLC

Biography

Steve Pierson is a Managing Partner at private equity firm, Lovell Minnick Partners. Founded in 1999, Lovell Minnick focuses on investments in the global financial services and fintech industries, including related technology and business services companies. Steve chairs Lovell Minnick’s management committee and is a member of the firm’s investment committee.

Steve’s career as an investment banker spans more than two decades with an impressive track record in acquisitions and high-level deals. Prior to joining Lovell Minnick, he served as Head of FIG Americas and Global Head of Financial Technology & Services at Swiss multinational bank, UBS. In 2007, as Managing Director and Co-Head of FIG Americas at Credit Suisse, Steve made a name for himself as he advised on State Street's $4.5 billion acquisition of Investors Bank & Trust Co. With this recognition, Steve became a sought-after expert in acquisitions, advising on many deals, including the $3 billion sale of Worldpay from RBS Group to Advent International and Bain Capital in 2010.

In his early career, Steve worked at Putnam Lovell NBF Securities from 1995-2007, where he was appointed as Managing Director and Head of Investment Banking. In this role, he also worked with Putnam’s private equity arm at the time, Putnam Lovell Capital Partners. In 2004, Putnam Lovell Capital Partners was restructured as an independent company and renamed Lovell Minnick Partners.

Steve has extensive experience in the Fintech sector, evident in his recognition as a leading Fintech professional in the 2017 Institutional Investor Fintech Finance 40. He is a Board member of numerous finance and technology companies, including oneZero Financial Systems, SRS Acquiom, Trea Asset Management, National Auto Care, and Glofin, a healthcare-related financial assistance company.

Steve holds an MBA from Duke University’s Fuqua School of Business and completed a BS in Finance & Management at Virginia Tech, Pamplin College of Business.

Steve Pierson’s Newsfeed

Private Equity International
Fintech Opportunities Prove Resilient Amid Covid-19 Disarray

Steve Pierson, Managing Partner at Lovell Minnick Partners, is mentioned in this article in Private Equity International. The article addresses how the fintech sector, long a place for investors and venture capitalists to seek new opportunities, has not been hampered by the Covid-19 pandemic and is still a trusted sector for investments.

Wall Street Journal
In Their Own Words With Lovell Minnick Partners’ Steven Pierson

The rapid spread of the novel coronavirus around the world has upended the way the private-equity industry operates. Private Equity Analyst talks with Steven Pierson, Managing Partner at Lovell Minnick Partners, who shares insights into lessons learned from the past and how the pandemic is affecting the way he approaches his work schedule.

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Steve Pierson’s Background

Lovell Minnick Partners
Managing Partner
Jun 2016 - Present
New York, NY, USA
Lovell Minnick Partners focuses on investments in the global financial services industry, which includes the technology related to these services as well as companies offering business services. Lovell Minnick aims to add value for investors by managing growth initiatives and strategic activity, while also directing operational improvements.
UBS
Head of FIG Americas and Global Head of Financial Technology & Services
Nov 2013 - May 2016
New York, NY, USA
UBS is a global financial services firm with a focused model built around clients and their needs, with an emphasis on informed advice, tailored ideas & solutions and best-in-class execution.
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Current Board Positions

Lovell Minnick Partners
Chairman of Management Committee & Member of Investment Committee
New York, NY, USA
Apart from his role as Managing Partner of Lovell Minnick, Steve also chairs the firm's management committee and is a member of the investment committee.
Glofin
Board of Directors
Huntersville, NC, USA
Global Financial Credit provides financial support, in the form of a cash advance, to both commercial and individual clients for healthcare-related issues.
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Previous Board Positions

UBS
Member of Investment Committee, UBS FinTech Strategic Investment Group
New York, NY, USA
With more than 66,000 colleagues across 50 countries, UBS works with individuals, families, institutions, and corporations around the world. UBS offers wealth management advisory, investment banking, and asset management expertise.
Credit Suisse
Vice Chairman, Financial Institutions Group
Jan 2007 - Jun 2012
New York, NY, USA
Headquartered in Zurich, Switzerland, Credit Suisse is a leading global wealth manager with strong investment banking capabilities. The company has a global reach to about 50 countries worldwide with more than 45,000 employees from over 150 different nations.

Media

In Their Own Words With Lovell Minnick Partners’ Steven Pierson
Interview
May 2020
New York, NY, USA
Steven Pierson, Managing Partner at Lovell Minnick Partners, shares his insights into lessons learned from the past and how the pandemic is affecting the way he works
Bloomberg | Lovell Minnick's Pierson Expects More M&A in Europe
Interview
Nov 2017
New York, NY, USA
Steve is interviewed by Bloomberg’s Jason Kelly, where he talks about Cerberus investing in Deutsche Bank and elaborates on why he predicts that there will be more investments by private equity in Europe going forward.
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Awards & Endorsements

Institutional Investor
Fintech Finance 40
2017
New York, NY, USA
Institutional Investor magazine lists the top financial technology professionals, leaders, experts and visionaries in their Fintech Finance 40 ranking. Steve was ranked at 36 in the 2017 Fintech Finance 40.

Steve Pierson’s Education

Virginia Tech - Pamplin College of Business
Bachelor of Science, Finance and Management
1986 - 1990