STEVEN N. COSTABILE, CFA

Managing Director
Head of Private Equity Funds Group
AIG Global Investment Group

Steven Costabile heads the Private Equity Funds Group for AIG Global Investment Corp. Mr. Costabile is responsible for committing capital on behalf of AIG in private equity funds and secondary opportunities focused on corporate finance and venture capital, primarily in developed markets. In addition, Mr. Costabile also creates and manages third party investment vehicles (fund-of-funds and structured products), which allow institutional investors to invest along side AIG. AIG will also co-invest along side partnership sponsors in direct deals. The AIG Private Equity Funds Group manages assets in excess of $7 billion.

Previously, Mr. Costabile was a vice president with Credit Suisse First Boston's Private Funds Group, which made commitments to private equity funds on behalf of CSFB and third party investors. The CSFB Private Funds Group managed commitments in excess of $1.8 billion in both funds and co-investments.

Mr. Costabile also served as the Senior Investment Officer-Alternative Investments for the $24 Billion Commonwealth of Massachusetts Pension Reserves Investment Management Board ("Mass PRIM"). Mr. Costabile was responsible for $2.1 billion in commitments that was allocated among all stages of venture capital, subordinated debt, secondaries, international, and leveraged buyout limited partnerships and had commitments to 100 separate funds.

Prior to joining Mass PRIM, Mr. Costabile was the Assistant Director of Venture Capital and Alternative Investments for the Pennsylvania State Employees' Retirement System (SERS) and has worked previously as a corporate financial analyst, private equity advisor, and as a management consultant in the United Kingdom.

Mr. Costabile holds both a Masters of Business Administration and bachelor's degree in finance from Duquesne University. In addition, he is also a Chartered Financial Analyst.