StepStone Group Inc.

StepStone Group Inc. is a private equity and venture capital firm that provides a range of investment services. The firm specializes in primary investments, direct investments, fund of funds, secondary direct, and secondary indirect investments. It invests across various asset classes including private debt, venture debt, mezzanine, distressed securities, and growth capital. StepStone targets companies in sectors such as technology, healthcare, services, manufacturing, consumer durables, media, energy, and infrastructure. It makes both minority and majority investments and also engages in co-investments and follow-on investments. The firm serves a global client base, focusing on institutional investors seeking exposure to private markets.

StepStone Group Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol STEP. Its shares are traded in United States Dollars (USD), reflecting its primary listing in the United States. The company is headquartered in the United States and its stock is accessible to investors through major brokerage platforms that offer Nasdaq-listed securities.

StepStone Group Inc. operates in the Financial Services sector, specifically within the Asset Management industry. As an asset manager, StepStone provides investment management services focused on private equity and venture capital. The firm manages funds and makes direct investments on behalf of its clients, which include institutional investors such as pension funds, endowments, and sovereign wealth funds. Its industry classification reflects its core business of pooling capital and deploying it into private market opportunities.

StepStone Group Inc. invests globally with a focus on the United States, North America, Europe, Asia, Latin America, the Middle East, and Africa. Specific countries include Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia. The firm allocates between 5% and 40% of its investments to emerging markets. This broad geographic reach allows StepStone to diversify its portfolio across developed and developing economies, seeking opportunities in various regions.

StepStone Group Inc. generates revenue primarily through management fees and performance fees from its investment funds and advisory services. The firm employs multiple investment strategies including direct investments, fund of funds, and secondary investments. For direct investments, it targets mature and middle-market companies across sectors like technology, healthcare, and energy. Its fund of funds strategy invests in other private equity, venture capital, real estate, and infrastructure funds. Additionally, StepStone makes co-investments and follow-on investments, and considers partial interests in funds. By offering a comprehensive suite of private market solutions, the firm earns fees based on assets under management and investment performance.