Steve L. Kavan

Merced Capital LP is a privately-held, SEC-registered investment advisor and hedge fund manager headquartered in Minnetonka, Minnesota. The firm was founded as EBF & Associates in 1988 by three executives from Cargill's Financial Markets Department. The firm provides investment advisory services to privately offered pooled investment vehicles. Investors in the clients include public and private pension funds, foundations, endowment funds, funds of funds, high net worth individuals and family offices.

Merced Capital LP (Merced Capital) is a private equity firm a subsidiary of Merced Capital LP founded in 1988. The firm is headquartered in Minnetonka.