Director, Executive Committee


Steve Stevanovich Bio Photo



Mr. Steve G. Stevanovich is the Founder, Chairman, and CEO of Lonford Global as well as the Epsilon, Westford and SGS family of funds, which he founded in 1997 and which hold control investments in a number of technology companies in various industries. He has over 30 years of experience in international investing and in 2012 Mr. Stevanovich led the $210 million reorganization of Groen Brothers Aviation Inc., a predecessor company, into what ultimately became Skyworks Aeronautics Corp.

He launched his first fund, the Epsilon Global Active Value Fund (“EGAVF”), in 1997 and soon followed up with EGAVF II and EGAVF III as well as the Westford Special Situations Funds I & II, along with other additional Funds and other investment vehicles. Since inception, Mr. Stevanovich has invested over $6 billion via his various investment vehicles. Though the Funds employ multiple investment strategies, a main focus has been an event-driven, hands-on activist strategy, that is particularly focused on finding opportunities in distressed situations and restructurings. The current portfolio consists primarily of control positions in early-stage technology companies acquired via the restructuring.

Prior to launching these Funds, Mr. Stevanovich spent nearly six years as Executive Vice President of Everest Capital, a $1.4 billion fund that specialized in distressed investing. Prior to that, Mr. Stevanovich spent about six years working in Corporate Finance, M&A and Investment Banking, most recently with Ingoldsby, O’Connor, Altwell & Co.

Due to his experience in restructuring and guiding companies thru commercialization, Mr. Stevanovich sits on various technology company boards as well as the boards of various technology related organizations. In particular, he sits on the Board of Governors of the U.S. Department of Energy’s Argonne National Laboratory and is also a Council Member of the University of Chicago’s technology accelerator, The Polsky Center for Entrepreneurship and Innovation. He is also a Commissioner on the National Commission on Innovation & Competitiveness and is a member of the Executive Committee of the U.S. Council on Competitiveness.

Mr. Stevanovich is member of the University of Chicago’s Board of Trustees where he sits on the Audit Committee. He also serves on the Board of Advisors to the University’s Master of Science Program in Financial Mathematics and on the Council of the Booth School of Business.

Mr. Stevanovich is an Inaugural Member of the Coalition for Access, Affordability and Success – a group of more than 140 distinguished colleges and universities across the U.S. that joined together to increase students’ access to higher education. In 2007 he endowed the Stevanovich Center for Financial Mathematics, and in 2015 he endowed the Stevanovich Institute on the Formation of Knowledge. Mr. Steve Stevanovich holds an AB in Economics from the University of Chicago as well as an MBA from the University of Chicago Booth School of Business.