Prior to co-founding Prevail Capital, Steve was a Managing Director with Advent International, a global private equity firm with $10bn in committed capital. Steve joined Advent in 1988 and was the key senior partner responsible for Advent’s venture fundraising programs and corporate partnerships. He also ran the firm’s venture capital LP services group and was involved in fundraising for Advent’s late stage buyout and Latin American private equity products. While at Advent, Steve successfully raised multiple funds for Advent and hundreds of millions in capital commitments. Prior to Advent, Steve spent 10 years in senior marketing and finance positions with two high technology companies involved in the development and manufacturing of CAD/CAM systems. Steve received a BS in mechanical engineering from Brown University and an MBA from Harvard Business School.

Prior to co-founding Prevail Capital, Grace held a number of positions with Advent International. She originally joined Advent in 1997 and was responsible for Advent’s IT venture fundraising programs and corporate partnerships. Grace was recently involved with successfully raising $3bn of LP committments for Advent’s fifth mid-market buyout program. Before Advent, she was a founding member of ArrowPath Venture Capital. At ArrowPath, Grace completed over a dozen technology investments and played a key role in successfully raising $320m from corporate and institutional investors. Previously, she was the Director of Corporate Development at E*TRADE Group. Grace has also worked as an investment banker with Volpe, Welty & Co. and was a financial analyst with Jones Lang LaSalle. Grace holds a BSc in economics from the Wharton School of the University of Pennsylvania.