StepStone Group

StepStone Group LP (StepStone) is a global private markets firm providing customized investment, portfolio monitoring and advice to investors. StepStone covers primary fund investments, secondary fund investments and co-investments across private equity, real estate, infrastructure and real assets, and private debt.

StepStone Group
Private Ownership
IndustryPrivate Equity
Founded2006
Headquarters
La Jolla 
Number of locations
15 offices in 11 countries
ServicesAsset Management, Advisory Services, Monitoring & Reporting, Research
Total assetsUS$130 billion[1]
Number of employees
300+ (2017)
Websitehttp://www.stepstoneglobal.com/

History

StepStone was founded in 2006 and is based in La Jolla, California and New York, New York. The founders, Monte Brem and Thomas Keck had previously made private equity investments for Pacific Corporate Group, as President and Managing Director, respectively.[2][3] From its first office in La Jolla, the firm has expanded to New York City, San Francisco, Cleveland, Toronto, Dublin, London, Luxembourg, Zurich, Beijing, Hong Kong, Seoul, Tokyo, Sao Paulo, Sydney, and Perth. The firm oversees over US$130 billion of private capital allocations, including over US$34 billion of assets under management.

In March 2015, it was published that StepStone would move its Manhattan headquarters to the former offices of Bernard L. Madoff Investment Securities, and the site of where company head Bernard Madoff operated his $65 billion Ponzi scheme.

Investments
History of private equity
and venture capital
Early history
(origins of modern private equity)
The 1980s
(leveraged buyout boom)
The 1990s
(leveraged buyout and the venture capital bubble)
The 2000s
(dot-com bubble to the credit crunch)

StepStone typically invests between $15 million and $200 million in firms with enterprise value between $150 million and $2.5 billion.[4]

References
  1. AUM / AUA since inception in 2006
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