Steven C. Pickhardt
Managing Partner
Mr. Pickhardt has been with GarMark since the closing of Fund I in 1998 and has more than 25 years of experience in leveraged financing, private debt investing, and corporate restructurings. Prior to joining GarMark, Mr. Pickhardt was with Credit Suisse First Boston where he led senior and subordinated leveraged financings for corporate clients and equity sponsors. Previously, Mr. Pickhardt managed special situation and distressed company financings for Chemical Bank, including lead roles in the bankruptcy negotiations involving R.H. Macy & Co., Inc., Barneys, Phar-Mor, and Smith-Corona.
Along with Mr. Bewkes, Mr. Pickhardt was an original member of the Specialized Leveraged Financing Group of Manufacturers Hanover Trust Company in 1983 where he worked with a wide range of equity sponsors on leveraged debt financings. Mr. Pickhardt also served as a senior credit officer for the Investment Banking Group at MHT, with responsibilities including credit and investment oversight for the bank’s leveraged buyout, media, energy, and private equity groups. Mr. Pickhardt graduated from Brown University with a B.S. in Applied Math and Economics. He has also received an M.B.A. in Finance and International Business from the Stern School of Business at New York University.