Steve Koltes

Steve Koltes

Co-Founder & Honorary Co-Chair

Saint Moritz, CH

Profile Verified by The Marque

Last Updated: 22 Sep 2026

In Their Own Right

Biography

Steve Koltes is Co-Founder and Honorary Co-Chair of influential private equity and investment advisory firm CVC. He stepped down from an active role in 2022 after 34 successful years at the forefront of the company but remains on CVC’s internal Board in a non-executive capacity.

Steve joined CVC’s predecessor, Citicorp Venture Capital London, in 1988 and was involved in the spin out of CVC in 1993. The firm has since become one of the world's largest private equity companies. Recent investments include Unilever's tea brands, IPL cricket franchise Gujarat Titans, and LaLiga.

Steve helmed CVC in the German-speaking region until 2008, when he stepped down from the role to dedicate more time to the firm's global executive bodies. While in Germany, he served on the boards of 15 CVC companies, including ista, Elster, Flint and Evonik.

Prior to CVC, Steve spent eight years at Citibank in corporate finance in New York, Zurich and London.

Steve and his family have private interests in a number of businesses under their investment company, Kaltroco Limited. In this capacity, he currently serves on the boards of Frontiers Media, Inait, CFeed, Original Beans and Thesify.

Born in Philadelphia, Steve lives with his family in Switzerland. He holds a BA degree from Middlebury College in Vermont.

The Record

Background

  • 1988 — 2022

    Co-Founder & Honorary Co-Chair

    CVC

    CVC Capital Partners is a global leader in credit and private equity. Established in 1981, it has 30 local offices across the globe.

  • 1980 — 1987

    Executive Officer

    Citigroup

    Citigroup is a renowned global bank serving 200 million-plus customer accounts. It conducts business in 160-plus jurisdictions and countries. During his Citi career, Steve worked in corporate banking and corporate finance in Zurich, London and New York.

Formative Years

Education

  • Middlebury College

    Bachelor of Arts

Areas Of Focus

Expertise

  • Private Equity
  • Corporate Finance
  • Investment Banking