Stephen J. Schwartz

Steven J. Schwartz is an attorney and certified public accountant with diverse and robust experience. For over 35 years, Mr. Schwartz has been chief financial officer and general counsel to a diversified group of companies involved in general contracting, construction, real estate development, property management, broadcasting, telecommunications, software development and wholesale distribution.

Mr. Schwartz is also the founder and Portfolio Manager of Prudent Capital, a capital provider started in 1999. Prudent Capital has financed over $100 million of deals and is currently investing its third mezzanine debt fund and 8th preferred equity fund. Prudent Capital’s mission is to provide profitable, later stage operating businesses with cost-effective capital to facilitate acquisitions, redemptions of owners, leveraged management buy-outs and growth capital.

Mr. Schwartz served as a Director of a community bank from 1995 until its sale in 1998. In addition, since 2002, Mr. Schwartz has served on the Board of Capital Bank, NA. (CBNK) and has been its Chairman since 2020.

Prior to these activities, Mr. Schwartz practiced law for three years with the firm of Tucker Flyer (now merged into Venable) and practiced public accounting for five years with the firm Aronson and Company. He received a Bachelor of Arts degree in economics from the University of Maryland and a law degree with honors from the University of Maryland School Of Law.

Even though Mr. Schwartz is an attorney and certified public accountant, he has been very successful.