Seaport Capital Welcomes Back Steve Schwinger as Chief Financial Officer
May 10, 2023
Seaport Capital, a New York-based private equity firm, announced today that Steve Schwinger has rejoined the firm as Chief Financial Officer. Steve’s prior tenure with Seaport spanned 2000 to 2005, when he served as the firm’s Controller. This announcement comes alongside the retirement of Seaport’s longtime Chief Financial Officer, Howard Kaufman, which will occur in the coming months.
Bob Tamashunas, Partner at Seaport Capital, said, “Steve is a great cultural fit for Seaport given his prior work experience with Seaport and relationships with Howard and all of the partners here. His nearly two decades of CFO private equity experience will be invaluable to the firm and will provide stability in the transition of duties. While we welcome Steve back, we also wish the best of luck to Howard. Not only has he been an invaluable resource and member of the Seaport team dating back to the origins of the firm, he is also a great friend and mentor to all of us here, and we look forward to continuing our relationship in the future personally and professionally.”
Mr. Schwinger said, “I’m looking forward to serving as CFO at Seaport. Having served as Controller at Seaport years ago, I’m already familiar with the management team and the investment focus, which will only make my transition that much more seamless. I’m also looking forward to reconnecting with many of the Seaport limited partners and working with the firm’s newer limited partners.”
Prior to re-joining Seaport, Steve spent 17 years as Chief Financial Officer and Partner at TruArc Partners and Snow Phipps Group (TruArc’s predecessor), middle market private equity firms currently managing over $2.7 billion in assets under management. Earlier in his career he worked at Goldstein Golub Kessler LLP, specializing in the audits of hedge funds and private equity funds.
Scott McCormack, Partner at Seaport Capital said, “We look forward to working with Steve again. We are confident in the transition of roles and responsibilities from Howard to Steve and are grateful for all of Howard’s work and contribution to Seaport over the past nearly 24 years. He has been an integral part of the management team at Seaport, and we are happy that he will remain close to the firm as both an informal advisor and a limited partner. We wish Howard all the best as he enters his next chapter in life.”