Co-Founder and Managing Director

Steve Farsht co-founded Corazon Capital in 2013 and is one of its Managing Directors. He co-ran Techstars Chicago from 2013 to 2014 and served as a Board Member from 2013 to 2017.

Previously, Steve served as a General Partner with Norwest Equity Partners. From 1998 to 2007, he invested $280 million of equity in thirteen management buyouts, recapitalizations, and growth capital investments across a breadth of industries. Steve also supported his platform companies in completing nine add-on acquisitions. In addition, he served on seven boards and led the sale of several companies to strategic and financial buyers.

Steve transitioned out of his private equity career in 2007 by taking on the CEO role of NEP portfolio company DCM Services. In that role, he led the creation of the company’s vision, strategy, and core values. Steve also retooled the management team and restructured operations while growing market share by almost 80 percent over his four-year tenure. Earlier in his career, Steve spent four years at Arthur Andersen from 1992 to 1996 as a senior auditor and M&A due diligence consultant; he currently maintains his CPA Inactive designation.

Steve has earned recognition as a member of Crain’s Chicago “Tech 50.” He holds an MBA from Northwestern’s Kellogg School of Management, where he served as a Lecturer of Entrepreneurship and Innovation, and a BA in Accountancy from the University of Wisconsin – Madison.