StepStone Group

StepStone Group, Inc. is a global private markets investment firm. It focuses on providing customized investment solutions and advisory and data services to clients. The firm serves public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. The company was founded by Monte M. Brem, Jose A. Fernandez, Steve R. Mitchell, Thomas Porter Keck, and Robert A. Waldo in January 2007 and is headquartered in New York, NY.

Earnings data Q4 2021

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Earnings data Q1 2024

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Earnings data Q3 2025

StepStone reports robust Q1 performance, addresses analyst concerns, and highlights growth opportunities

StepStone's Q1 2023 earnings call showcased strong financial performance, driven by robust growth in fee related assets under management and earnings per share. While the company reported solid results, analyst questions highlighted areas of potential concern and uncertainty. However, opportunities for further expansion and diversification were also evident, with an upcoming Investor Day to present strategic plans.

StepStone reports strong fee-related earnings and eyes diversification opportunities

StepStone's strong fee-related earnings growth and increased management and advisory fees demonstrate the company's resilience and potential for expansion. While facing challenges in diversifying sourcing channels and operational implementation, the company is well-positioned to capitalize on growing co-invest and secondaries opportunities, as well as the potential in real estate special situations secondaries strategy.

StepStone Group reports mixed Q3 results, eyes market opportunities

StepStone Group's Q3 performance reflects a mix of financial strength and challenges in private markets. Despite anticipating market corrections, the company remains optimistic about future volumes and opportunities for growth. With a strategic focus on specialization and margin improvement, StepStone aims to navigate evolving market conditions and drive long-term profitability.

StepStone Group posts solid Q4 results, eyes growth opportunities

StepStone Group's Q4 2023 performance reflects financial strength and operational efficiency, supported by growth in fee related earnings and assets under management.
Despite challenges such as market uncertainties and the impact of external events, StepStone's strategic focus on private markets and investment performance remains robust.
The company's proactive approach to hiring key talent and pursuing growth opportunities underscores their commitment to expanding market presence and driving shareholder value.

StepStone Group reports robust Q1 earnings, eyes growth opportunities

StepStone Group's Q1 2024 performance showcased strong earnings growth, significant inflows, and a focus on diversification and expansion in key markets.
The company's strengths in fee-related earnings, secondaries strategy, and wealth platform growth position it well for future opportunities.
While facing challenges in private equity deal activity and potential hurdles in innovation, StepStone Group has opportunities to leverage its market presence and drive growth.

StepStone Group reports strong Q2 earnings, eyes fee-related growth

StepStone Group delivered solid Q2 2024 earnings, with a focus on fee-related earnings growth and expanding FRE margin over the medium to long term.
Despite challenges like lower net realizations and timing impacts on revenue growth, StepStone remains optimistic about growth and client service.
The company showcased strengths in successful fund closings, strong demand for secondaries investments, and substantial growth in the private wealth platform.
Opportunities lie in real estate recapitalizations, private credit, and technology investments, with a strategic focus on long-term success and doubling fee-related earnings.

StepStone Group reports mixed Q3 results, focuses on expansion

StepStone Group delivered a mixed financial performance in Q3 2024, reporting a GAAP net loss alongside strong fee-related earnings growth and new commitments. The company's strategic focus on acquiring noncontrolling interests and launching new funds reflects a commitment to expansion and innovation.
Despite financial challenges and integration complexities, StepStone's recognition as a top employer, positive LP sentiment, and ongoing fundraising efforts position the firm well for future growth and success. Navigating contingencies and seizing opportunities in key strategies will be crucial for sustained performance.
With a clear emphasis on employee satisfaction, strategic acquisitions, and fund launches, StepStone Group aims to strengthen its market position, enhance investor confidence, and drive long-term value creation. Managing challenges effectively while capitalizing on growth opportunities will be key priorities for the company.

StepStone Group reports robust Q4 performance and outlines growth strategy

StepStone Group delivered a strong performance in Q4 2024, with significant growth in new commitments, private wealth subscriptions, and fee-related earnings.
The company aims to double fee-related earnings over 5 years, expand FRE margins, and sustain margin improvement in fiscal 2025, reflecting a commitment to long-term growth.
Despite challenges in maintaining growth momentum and addressing market uncertainties, StepStone's strategic focus on revenue enhancement and shareholder value creation positions it well for future opportunities.

StepStone Group posts strong Q2 earnings amidst market challenges

StepStone Group delivered strong financial performance in Q2 2025, driven by robust fee-related earnings and adjusted net income growth.
The company's proactive debt management and successful client engagement at the StepStone 360 Conference underscore its financial strength and market positioning.
While facing challenges in liquidity and capital deployment, StepStone Group has opportunities to leverage positive market sentiment, expand offerings, and optimize its capital structure.

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StepStone Group, Inc. is a private markets investment firm. It focuses on providing customized investment solutions and advisory and data services to clients. The firm serves public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. The company was founded by Monte M. Brem, Jose A. Fernandez, Steve R. Mitchell, Thomas Porter Keck, and Robert A. Waldo in January 2007 and is headquartered in New York, NY.

Signs Definitive Agreement to Acquire Greenspring Associates,  a Leading Venture Capital and Growth Equity Specialist  With More than $17 Billion in Assets under Management,  Enhancing StepStone's Private Markets Capabilities StepStone to Host Conference Call at 8:30 AM Eastern Time

StepStone Group Significantly Bolsters Its Venture Capital and Growth Equity Platform

StepStone Group Inc. (STEP) CEO Scott Hart on Q4 2021 Results - Earnings Call Transcript

NEW YORK, June 15, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today reported results for the fourth quarter and fiscal year ended March 31, 2021. The Board of Directors of the Company has declared a quarterly cash dividend of $0.07 per share of Class A common stock, payable on July 15, 2021, to the holders of record as of the close of business on June 30, 2021.

StepStone Group Reports Fourth Quarter and Fiscal Year 2021 Results

NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that Scott Hart, Co-CEO, and Mike McCabe, Head of Strategic Planning, are scheduled to present at the virtual Morgan Stanley US Financials, Payments and CRE Conference on Wednesday, June 16, 2021 at 1:15 pm ET. A live webcast and replay will be accessible through the StepStone website at https://shareholders.stepstonegroup.com.

StepStone to Present at the Morgan Stanley US Financials, Payments and CRE Conference

NEW YORK, May 28, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the fourth quarter and fiscal year ended March 31, 2021 after the market closes on Tuesday, June 15, 2021.

StepStone to Announce Fourth Quarter and Fiscal Year 2021 Results and Webcast on June 15, 2021

A Diversified, Investor-Centric Private Markets Fund for Individual Accredited Investors A Diversified, Investor-Centric Private Markets Fund for Individual Accredited Investors

Conversus StepStone Private Markets Surpasses $100 mm in AUM and Reports April 2021 NAV, Posting a 36% Net Return in Seven Months Since Inception

NEW YORK, April 13, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, announced today the appointment of Valerie G. Brown to the company's Board of Directors, effective April 12, 2021. This is a newly created directorship and expands the Board to 11 members. Ms. Brown will be the Board's third independent director and will serve on the Audit Committee.

StepStone Group Bolsters Board of Directors with Appointment of Valerie Brown

NEW YORK, March 30, 2021 (GLOBE NEWSWIRE) -- StepStone Real Estate (“SRE”) has hired Frank Forster as a Managing Director to help lead the firm's secondaries, recapitalization and co-investment activities in Europe. Mr. Forster will be based in London and report to SRE's Head of EMEA, Josh Cleveland, and its Head of Investments, John Waters. Before joining SRE, Frank worked at notable real estate investment managers such as EQT Real Estate, Mount Kellett and Blackstone.

StepStone Real Estate Adds Frank Forster as Managing Director in Europe

NEW YORK, March 23, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (“StepStone”) today announced the closing of the previously announced underwritten secondary offering by certain of its stockholders of 9,200,000 shares of StepStone's Class A common stock, which includes the exercise in full by the underwriters of their option to purchase up to 1,200,000 additional shares of Class A common stock, at a public offering price of $29.50 per share (the “Offering”). Following the closing of the Offering, there are 38,437,500 shares of StepStone's Class A common stock outstanding.

StepStone Announces Closing of Secondary Offering

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NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today reported results for the third fiscal quarter ended December 31, 2020. StepStone completed an initial public offering of its Class A common stock on September 18, 2020.

StepStone Group Reports Third Quarter Fiscal 2021 Results

NEW YORK, Feb. 08, 2021 (GLOBE NEWSWIRE) -- StepStone Real Estate (SRE) announced today that it has realigned its senior management team by appointing the following titles and responsibilities: Josh Cleveland, Partner, was named Head of EMEA; Kieran Farrelly, Partner, was named Head of Market Research; Brendan MacDonald, Partner, was named Chief Operating Officer; and John Waters, Partner, was named Head of Investments. Jeff Giller remains Head of StepStone Real Estate.

StepStone Real Estate Announces Senior Management Team Realignment

NEW YORK, Jan. 25, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the third quarter of the fiscal year ending March 31, 2021 after the market closes on Tuesday, February 9, 2021.

StepStone to Announce Third Quarter Fiscal 2021 Results and Webcast on February 9, 2021

StepStone has seen solid returns since the company went public in September. The company has been enjoying momentum, just like many IPOs this year.

StepStone - Thoughts After A Move

SAN DIEGO--(BUSINESS WIRE)--Seismic, the industry-leading and award-winning sales enablement and marketing orchestration platform provider, and StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, today announced they have been named winners in the 2020 Gramercy Institute Asset Management Marketing Awards, within the Multi-Market Internal Marketing category. Seismic and StepStone Group were recognized for implementing Seismic's NewsCenter as a centralized location to d

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