Michael Hoffman

Michael Hoffman is the Co-Founder and Co-CEO of Steel Capital Management, a firm established in May 2020 that focuses on providing alternative financing solutions for direct-to-consumer (DTC) brands. Based in New York, Steel Capital Management aims to support the growth of early to mid-stage companies by combining investment capital with payment processing solutions.12

Professional Background

Before co-founding Steel Capital Management, Hoffman held several significant positions in the finance and legal sectors:

• Partner and General Counsel at Feenix Venture Partners, LLC (February 2018 - March 2020), where he focused on deal execution and portfolio management.
• General Counsel and Chief Compliance Officer at Long Pond Capital, LP (September 2015 - February 2018), overseeing legal and compliance matters for a hedge fund managing long/short equity strategies.
• General Counsel and Chief Compliance Officer at Tremblant Capital Group (October 2009 - September 2015), where he led the firm through its SEC registration process.
• Managing Director and General Counsel at Stanfield Capital Partners (July 2004 - October 2009), and an associate at Schulte Roth & Zabel LLP, specializing in structured products and derivatives.12

Hoffman earned his Juris Doctor (JD) from Benjamin N. Cardozo School of Law and a Bachelor of Arts (BA) in Political Science from the University of Vermont.2 His extensive background in law and finance underscores his expertise in managing complex financial transactions and regulatory compliance.

Current Role

At Steel Capital Management, Hoffman plays a crucial role in shaping the firm's investment strategy and fostering partnerships with portfolio companies, emphasizing a collaborative approach to growth. The firm's ethos revolves around developing long-term relationships with its clients, ensuring that investments align with their growth objectives.2