Mr. Johnson is Chief Investment Officer of CCG Asset Management where he oversees all investment portfolios for clients. He currently manages more than 39 institutional fixed income investment accounts for such clients as the City of Saint Louis, the New Orleans Aviation Board, and the Jacksonville Transportation Authority in Jacksonville, Florida.
Steve was previously the Chief Investment Officer at Apple Inc.’s wholly-owned investment subsidiary, Braeburn Capital Inc. He led a five-person team in managing Apple’s cash, short-term and long-term investments from 2007 to 2012. Under Steve’s leadership, this subsidiary grew from one employee and $13B in discretionary assets under management to five employees and $113B. The majority of these assets were managed in-house to a strict investment policy for a globally diversified multi-asset low-volatility portfolio.
Prior to Apple Inc., Steve was Chief Investment Officer at the City of San Diego where he managed the pooled operating funds and bond proceeds of America’s seventh largest city.
Earlier in his career, Steve was a portfolio manager at Caterpillar Inc. and two other buy-side firms in Los Angeles, where he managed various types of U.S. dollar fixed-income portfolios for institutions and high-net-worth individuals, including significant experience managing MBS, ABS, corporate, high-yield, and municipal bonds.
Steve is a CFA Charter holder. He earned an MBA degree in Finance from the University of Southern California, as well as a Bachelor’s degree in Mechanical Engineering from the University of Minnesota.
He has served as a board member at Braeburn Capital Inc. (Apple Inc.), as an investment advisory committee member at the City of San Diego, and as an economic advisory committee member at the University of Nevada, Reno.