StepStone Group Inc. STEP

Company Overview

StepStone Group Inc. is a global private markets investment firm that provides investment solutions, advisory services, and data-driven portfolio management across private equity, private debt, infrastructure, real estate, and venture capital markets. The company operates within the alternative asset management industry and serves institutional investors, sovereign wealth funds, public and private pension plans, insurance companies, endowments, foundations, and high-net-worth clients. Its primary revenue drivers include management and advisory fees tied to assets under management and assets under advisement, as well as performance-based incentive income generated from investment vehicles and private market strategies.

The company traces its origins to 2007, when it was formed by a group of former investment professionals from Swiss Re and Citigroup’s private equity advisory operations. Over time, StepStone evolved from a private markets advisory specialist into a diversified global investment platform with direct investment, secondary market, and co-investment capabilities. The firm has differentiated itself through its extensive private markets database, manager selection capabilities, and multi-asset platform spanning both advisory and discretionary investment strategies.