Stepstone Group

4225 Executive Square
La Jolla, CA 92037

Website: stepstonegroup.com

Firm Size

  • Assets Under Management (AUM):$82.7 Billion
  • Number of Funds:304
  • Employees:585
  • Firm Type:Private Equity
  • Focus Areas: Infrastructure


Description

StepStone Group LP is a leading global private markets investment firm headquartered in La Jolla, CA. Established in 2007, the firm specializes in providing customized solutions and investment opportunities in private equity, real estate, infrastructure, and real assets. StepStone Group caters to institutional investors, including pension funds, endowments, foundations, and family offices, across the globe. With a team of over 500 professionals spread across 20 offices worldwide, StepStone Group offers its clients access to a diverse range of investment strategies. The firm focuses on identifying and evaluating top-tier fund managers, targeting investments that align with clients' specific objectives and risk profiles. StepStone Group's approach to investing revolves around in-depth research and due diligence, allowing them to uncover unique opportunities in the private markets. The firm aims to generate consistent, risk-adjusted returns for their clients while maintaining rigorous underwriting principles. La Jolla, CA serves as the firm's headquarters, providing a central location for their operations and serving as a hub for their global investment activities. StepStone Group's presence in this vibrant coastal community positions them at the intersection of innovative investment strategies and the entrepreneurial spirit of the region.

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Jun 13, 2024: Appcast and BCG Unveil Global Talent Trends: Survey Respondents Embrace AI for Skill Enhancement, Not Job Replacement


Jun 13, 2024: Global Talent Is Ready to Embrace Reskilling Amid GenAI Advances
Three-quarters of workers around the world believe GenAI will bring some level of disruption to the workplace. But despite uncertain times, they remain confident about their place in the labor market: 57% of them are ready to retrain into new roles to stay ahead in their careers, and 64% feel they hold the upper hand when negotiating for jobs.

May 29, 2024: Solutions by Text Secures $110 Million Growth Round Led by Edison Partners and StepStone Group
Solutions by Text (SBT), a leading platform for compliance-first messaging and payments, today announced raising $110 million in new growth financing. Growth equity investment firm Edison Partners co-led the transaction with StepStone Group, a global private markets investment firm. Stifel Venture Bank, a division of Stifel Bank, provided a lending facility.

Apr 24, 2024: Australia Is Number One Work Destination; London Tops List for Cities
Despite global challenges such as geopolitical tensions, widespread economic concerns, and emerging virtual mobility trends from the past several years, moving abroad for work remains a dream for many workers around the world, with 23% of professionals actively seeking jobs in other countries, and 63% expressing an overall willingness to do so. Younger people and people from countries with fast-growing populations are the most mobile. English-speaking geographies with strong economies lead the list of top destinations, with Australia , the US, Canada , and the UK being the four most desirable countries, and London topping the list of cities, with New York also placing in the top five.

Apr 24, 2024: U.S. Continues to Be a Top Destination for International Workers: New Global Workforce Study from Appcast and Boston Consulting Group


Dec 07, 2023: Group 11 strikes $20M deal with StepStone Group and Industry Ventures for second fund holdings
Leading venture capital firm   Group 11 has partnered with   StepStone Group , a global private markets investment firm, and with Industry Ventures , a leading investment firm focused on private technology investments, through a $20M secondary transaction to acquire 12% of Group 11's second fund. The parties closed the deal directly, without the involvement of any placement agent or investment bank.

Nov 29, 2023: NAIC Welcomes Kathlika Fontes and Ivelisse Rodriguez Simon to its Board of Directors
The National Association of Investment Companies (NAIC), the largest network of diverse-owned alternative investment firms, announced that industry veterans Kathlika Fontes and Ivelisse Rodriguez Simon were elected to its Board of Directors. NAIC's Board is composed of a diverse mix of industry leaders with decades of experience, varied perspectives and insights that guide the association and its member firms to success.

Jul 18, 2023: Bowery Valuation Closes $16.3 Million Extension of Series B Funding, Accelerating Growth Trajectory


May 10, 2023: Darling Ingredients Announces Executive Management Team Changes
Darling Ingredients Inc. (NYSE: DAR) today announced changes to its executive management team.

Apr 19, 2023: Trullion Raises Additional $15 Million to Expand AI-Powered Accounting Technology Portfolio
Trullion, a leading provider of corporate accounting software, today announced the completion of $30m in financing to accelerate its growth and expand its product offerings. The financing includes $15 million from its initial Series A round led by Third Point Ventures, and an additional $15 million , led by Stepstone Group, with full participation from its existing investors Aleph, Third Point Ventures and Greycroft.