Steelhead Partners, LLC

Managing Member

Scott joined Steelhead in 2005 to launch a convertibles strategy, for which he was Portfolio Manager through 2022. He now serves in an oversight and advisory role to the convertibles investment team.
Scott joined Steelhead from Loews Corporation. He and firm co-founder Michael Johnston were previously colleagues at both Loews and Prudential Insurance.
In 1992, Scott joined Loews as a senior vice president and senior portfolio manager. As co-manager of the investment-grade corporate portfolio, he was responsible for over $5 billion in assets. During this time he developed an interest in convertible securities and, with Loews' support, launched an in-house portfolio. By 2003 he was running convertible funds totaling $800 million.
Upon completing his MBA, Scott joined Prudential Insurance as a portfolio manager. He assumed responsibility for two fixed-income mutual funds, as well as the fixed-income components of two asset allocation funds. He became the designated investment-grade corporate bond expert in the mutual fund group.
Scott began his career at IBM in Bethesda, Maryland as a computer programmer.
He interned at The Travelers as an investment analyst, modeling optionality in corporate bonds.
Scott was educated at Duke University (magna cum laude and Phi Beta Kappa). He graduated with dual majors in economics and computer science and received his MBA in finance from the Wharton School of the University of Pennsylvania.

Steelhead Partners Co-founder and Member, Equity Strategies

Michael co-founded Steelhead Partners, LLC in late 1996. He manages the firm’s equity strategies.
As senior vice president and senior portfolio manager at Loews Corporation, he co-managed over $5 billion in corporate bonds and managed an equity portfolio.
Michael began his investment career at Prudential Insurance as a high yield and investment grade credit analyst. He was promoted to co-portfolio manager of an $11 billion fixed income portfolio.
Other applicable experience includes responsibilities as a credit analyst at Texas American Bank.
He graduated with honors from Texas Christian University with a B.A. in finance and received his MBA from the Johnson Graduate School of Business at Cornell University.

Member, Portfolio Manager, Convertible Strategies

Nick joined Steelhead Partners in 2008 to assist Scott Schaefer with research and analysis in the convertibles arena. His role grew over time, and today he is the portfolio manager for the firm's convertible strategies.
Prior to joining Steelhead, Nick worked with several value/credit-oriented funds (including Franklin Templeton Investments), performing credit analysis, building financial models, and developing trading strategies.
Nick spent six years in derivatives research and trading at Russell Investment Group (formerly Frank Russell Co.) and Rotella Capital Management.
He graduated with a B.A. in business leadership (finance emphasis) from University of Puget Sound and received his MBA from the Haas School of Business at the University of California, Berkeley.

Senior Analyst

Chris joined Steelhead as an analyst on the Pathfinder team in 2014.
His undergraduate work experience included internships with Deloitte & Touche's Audit group and Morgan Stanley's Private Wealth Management group, as well as assisting with teaching a UW MBA accounting course.
His undergraduate research focused on fraudulent financial reporting.
Chris graduated from University of Washington with a B.A. in business administration with a concentration in accounting and finance.

Analyst

Trevor joined Steelhead as an analyst on the Pathfinder team in 2019 upon graduating from Oregon State University.
His work experience includes internships in corporate financial planning and analysis at Precision Cast Parts and in finance and accounting at Gartner. As a student, Trevor served as a portfolio manager of OSU's student investment group and as president of the finance club. He was also an active contributor to Seeking Alpha.
Trevor graduated with a B.S. in finance and a minor in music.