Chief Strategy Officer
Steve Xu graduated from the Washington University in St. Louis with a Bachelor of Science in Business Administration, majoring in Finance and Accounting.
Xu brings more than 10 years of corporate advisory and capital raising experience to Higher Ground Education. He started his career as an Investment Banking Analyst at Bear Stearns in 2007 before joining The Balloch Group, a Beijing-based boutique advisory bank in 2008, where he worked closely with Chinese entrepreneurs and SMEs on capital raising advisory. In 2011, Xu joined UBS AG in Hong Kong, where he worked until May 2018, when he joined the team at Higher Ground.
During his time at UBS, Xu worked across a number functions in the Investment Banking Department including Mergers & Acquisition, Corporate Finance, and Financial Sponsors. Selected transactions in education include the privatization of Nord Anglia by Baring Private Equity, the US IPO of Rise Education, and the sale of Gymboree Play & Music to Zeavion. Before Xu left UBS, he was an Executive Director in the Financial Sponsors Group, responsible for the coverage and execution of financial sponsor (private equity) transactions in Asia.
Xu joins Higher Ground with a focus on business development to drive corporate strategy and lead Higher Ground’s initiatives in China.