StepStone Group is a global private markets investment firm with approximately $680 billion in total capital allocations, including assets under management and advisory. Founded in 2007 and headquartered in New York, StepStone has established itself as one of the largest allocators to private markets worldwide.
Investment Strategy
StepStone operates an integrated investment platform spanning primary fund commitments, secondary market transactions, and direct co-investments. The firm’s multi-strategy approach allows it to deploy capital across the full lifecycle of private markets funds, from initial commitments to secondary purchases and alongside GPs in individual deals.
The firm’s investment process is driven by a research-intensive approach with dedicated sector and geography specialists. StepStone maintains a global team of over 350 investment professionals who collectively review thousands of opportunities annually. The firm’s data and analytics capabilities support proprietary benchmarking and portfolio construction across all private markets asset classes.
StepStone’s commingled fund-of-funds programs and customized separate account mandates serve as the primary vehicles through which institutional investors access the platform. The firm also operates a venture capital-focused business through its StepStone Venture Capital group.
Private Markets Approach
StepStone’s private markets activities span four core asset classes: private equity, infrastructure, real estate, and private debt. In private equity, the firm covers buyout, growth equity, and venture capital across all major geographies. The infrastructure team focuses on both core and value-add strategies across energy, transportation, digital, and social infrastructure.
The real estate platform invests across property types and risk profiles globally, while the private debt business covers direct lending, mezzanine, and structured credit. StepStone’s secondaries capability operates across all four asset classes, providing liquidity solutions to existing limited partners and participating in GP-led continuation vehicles.
StepStone is publicly listed on the Nasdaq under the ticker STEP. The firm serves over 500 institutional clients including pension funds, sovereign wealth funds, insurance companies, endowments, and family offices from offices in 27 cities across 16 countries.
Frequently Asked Questions
What is StepStone Group's total assets under advisement?
StepStone Group has approximately $680 billion in total capital allocations, including assets under management and advisory mandates across private equity, real estate, infrastructure, and private debt.
What investment strategies does StepStone Group pursue?
StepStone pursues primary fund investments, secondary transactions, and direct co-investments across private equity, infrastructure, real estate, and private debt on a global basis.
Is StepStone Group a publicly traded company?
Yes, StepStone Group went public in September 2020 and trades on the Nasdaq under the ticker symbol STEP.
