Stephen is Chief Executive Officer and Co-Chief Investment Officer of ECM Asset Management. ECM was co-founded in February 1999 by Stephen. ECM was set up as an independent institutionally focused asset management company focused on the European fixed income credit markets which grew rapidly following the advent of the euro. ECM reached €21 billion assets under management in 2007.

In January 2007, Wachovia Bank acquired a majority stake in ECM. ECM is now fully owned by Wells Fargo Bank and operates as an autonomous boutique under the Wells Fargo umbrella. Stephen remains involved on a full time basis in the running of the business and the management of the investment portfolios.

Prior to co-founding ECM, Stephen held posts at Merrill Lynch International, London from 1993 to 1999 following a 13 year career at The Chase Manhattan Bank which he joined straight from Cornell in 1979.

With respect to external board appointments, Stephen was appointed as a Director of the UK GAVI Fund Affiliate in May 2006. The GAVI Alliance is a public-private global health partnership committed to saving children’s lives and protecting people’s health by increasing access to immunisation in poor countries. Stephen is also a Member of Gonville and Caius (Cambridge University) College Development Campaign Board where he assists the College with fundraising activities.

At the time of our 40th reunion, Stephen is Chief Executive Officer of Roxbury Asset Management which he founded in 2015. He and his wife Cristina continue to live in London and are raising their young daughter Alexia.