Steven Suss has been a Managing Director and Chief Financial Officer for Civitas Capital Group since January 2019. In this role, Mr. Suss oversees all financial functions of the firm, including accounting, financial reporting, planning, budgeting, treasury, and audit. He is responsible for developing Civitas’ financial strategy and expansion of its institutional investment platforms.
Mr. Suss has more than 30 years of experience in all aspects of financial, regulatory, and operational functions and is a Certified Public Accountant. Most recently, from 2015-2018, he was Chief Financial Officer – Multi-Asset Investing Funds at The Blackstone Group, L.P. in New York. There he was responsible for the oversight of $5.6 billion of commitments/AUM in Multi-Asset Investing products including all portfolio, financial, regulatory, and operational functions. Mr. Suss had direct oversight of a series of private equity, hybrid, and cash liquidity funds which provide diversified alternative investment solutions to retail investors.
Previously, from 2007-2015, Mr. Suss served as Chief Financial Officer of the Alternative Investment Group at Merrill Lynch Global Wealth Management, where he was responsible for all financial, regulatory, and operational functions. Mr. Suss had direct oversight for 100 investment vehicles structured as registered (including RICs) and non-registered hedge funds, private equity funds, and real estate funds, with approximately $4 billion of assets under management.
Prior to joining Merrill Lynch Global Wealth Management, Mr. Suss served as Chief Financial Officer and Chief Compliance Officer of Heirloom Capital Management, L.P., an SEC-registered investment adviser focused on investing in small to medium capitalized consumer, healthcare, and technology companies from 2002 until 2006. Mr. Suss was responsible for all accounting and tax functions of the legal entities and affiliated managed accounts. From 1997 until 2002, Mr. Suss served as Chief Financial Officer and Vice President of Westway Capital, LLC, an organization dedicated to achieving high performance returns by investing in technology and technology-related companies.
Mr. Suss holds a Bachelor of Business Administration from the University of Texas at Austin.