Reversing the Equation and Multiplying by Results
think I was probably 10 years old when I started my first business – selling candies to kids in school,” says Scott Stevens. Since then, Stevens has made the big move from candy to technology and consumer with the launch of his global investment firm, Grays Peak Capital, in 2014. With over 20 years of experience in the global investment sector, his devotion to educating and his entrepreneurial spirit have propelled him further into the world of investment.
Stevens grew up in the ever-evolving New York City, which he notes as a key factor in his early development. “The pace of growing up here is pretty fast so a lot of people grow up quicker than they expect but I enjoyed it,” recalls Stevens. This rapid maturity along with his passion for entrepreneurship steered him further down a path towards a career in business; however, it was not always clear what area he would focus on. “I was always interested in business. I was always evaluating different industries and companies but I wasn’t sure which area of business would best fit me,” explains Stevens.
Upon launching Grays Peak Capital, Stevens’ early concentrations focused on the public markets. Although there have been a number of evolutions since, Stevens reflects on his early decisions for the firm: “When we first started, we were focused on one area,” he reveals. “Since then, we came to the conclusion that there were significant opportunities in the private market. The stock market has become tax-inefficient for most of wealthy individuals and family offices so we formed our private-equity division in early 2018 and capitalized on the demand for that asset class.”