Steve has nearly 15 years of experience working with project finance sponsors, private equity firms and institutional investors designing and implementing sophisticated hedging programs.
In addition to providing structuring and execution advice for managing interest rate, foreign currency and commodity risk, Steve assists clients in negotiating key commercial terms of the transaction and developing efficient trading processes to achieve best execution with the dealers. He works with many clients in North America, Western Europe and Asia. Steve is also Riverside’s resident expert on working with project finance and infrastructure sponsors within many emerging markets, including South Africa, Turkey, Poland, Jordan, Chile, Colombia and many other markets. Steve has deep expertise assisting clients in structuring fixed rate, currency hedged debt for use in cross-border transactions.
Steve has assisted project finance clients, private equity sponsors and institutional investors in negotiating hundreds of customized ISDA and Collateral support agreements. He has worked with most major law firms and the dealing desks of all major banks and many of the regional institutions. Steve’s focus on ISDA documentation is especially valued by clients when their hedges are restructured, novated or amended as much of the market flexibility and framework for transparency is often defined in the ISDA.
Prior to joining Riverside, Steve was an investment professional trading interest rate, currency and commodity derivatives at NISA Investment Advisors, a fixed income asset management firm specializing in managing pension fund assets. He continually assisted derivative end-users in a structuring, sales and trading capacity role and helped build and maintain a ~$200 billion long duration swap portfolio in addition to assisting in the execution of more than $15 billion in equity and commodity derivatives.
Steve holds a J.D. from Washington University in St. Louis and a BS (with Honors) from Cornell University where he focused on applied economics and mathematics. Steve is a licensed attorney in good standing in New York. In his free time, Steve is a competitive motorcycle racer and enjoys playing and listening to music.