Steven PetersenCo Founder

United States - Manhasset, New York

Steven Petersen is Co-Founder of Stavtar Solutions, a rapidly growing financial technology company that creates software which improves financial and operational workflows of the most sophisticated asset managers in the world. Managers with over $2.2T of AUM use it's flagship product StavPay to manage their business spend and expense allocation process. Prior to focusing full time on Stavtar Solutions, Steve was Hudson Bay Capital's Chief Financial Officer from 2014 to 2022 where he was responsible for managing the Hudson Bay’s accounting, finance, operations, and financial and tax reporting functions. He implemented and managed the operational infrastructure supporting growth from $2.2B to $16.5B of assets under management during his tenure. Prior to joining Hudson Bay, he spent nine years at TPG-Axon as its Chief Financial Officer from 2011 to 2014 and as its Global Controller from 2005 until 2011. While at TPGA, a global hedge fund with peak assets of $16 billion, he built out and managed the operational risk infrastructure, global control, fund accounting, corporate accounting, budgeting and payroll, global tax and regulatory reporting processes. He was also a member of the TPG-Axon Senior Management, Valuation, Treasury and Credit Risk Committees. Prior to joining TPG-Axon, Mr. Petersen served as a Vice President and Global Operational Risk Manager for the Proprietary Positioning Business (PPB) at JP Morgan Chase from 2001 to 2005 and held various other Middle Office positions for PPB from 1997 to 2001. He started his career at Arthur Andersen LLP in 1994. He was also a Member of the CFO Steering Committee of the Managed Funds Association. Mr. Petersen graduated from Hofstra University with a BBA in Accounting.