# StepStone Group

> StepStone Group is a global private markets firm that helps institutions and, increasingly, individuals put money to work in private equity, private credit, real estate and infrastructure - the parts of the market that never trade on a public exchange. Founded in 2007 and public on the Nasdaq since 2020, it combines advisory work, discretionary fund management and a large proprietary dataset to build and monitor private-asset portfolios. As of 2025 it oversees roughly $700 billion of total capital, including well over $180 billion managed directly.

- **Founded:** 2007
- **Headquarters:** New York, New York, United States
- **Founders:** Monte Brem (Co-Founder, former CEO and Executive Chairman), Thomas Keck (Co-Founder, Partner and Head of Research), Jose Fernandez (Co-Founder, Partner and COO)
- **Team size:** Roughly 1,300-1,400 employees across 25+ offices in 15+ countries.
- **Products:** Fund Investments (Primaries), Secondaries, Co-Investments, Advisory & Portfolio Monitoring, Separately Managed Accounts
- **Notable:** Grew from a 2007 San Diego startup to a global private markets firm with roughly $700 billion in total capital responsibility., Completed a Nasdaq IPO in September 2020 (ticker STEP) at a valuation of about $1.8 billion., Built one of the larger proprietary datasets in private markets, spanning thousands of monitored funds.

## Products & services

- **Fund Investments (Primaries)** — Investing client capital into private markets funds selected across private equity, credit, real estate and infrastructure.
- **Secondaries** — Buying existing stakes in private funds and portfolios to provide liquidity and diversified exposure.
- **Co-Investments** — Investing directly alongside fund managers into individual companies and assets.
- **Advisory & Portfolio Monitoring** — Non-discretionary advice, manager selection, portfolio monitoring and reporting powered by StepStone's proprietary private markets data.
- **Separately Managed Accounts** — Customized discretionary mandates built to an institution's specific objectives and constraints.
- **StepStone Private Wealth** — A platform bringing private markets to individual investors through semi-liquid, evergreen funds.
- **SPRIM - StepStone Private Markets** — A core multi-asset private markets interval fund (formerly Conversus StepStone Private Markets).
- **SPRING - StepStone Private Venture and Growth Fund** — An evergreen fund focused on venture capital and growth equity for wealth investors.
- **CRDEX - StepStone Private Credit Income Fund** — A daily-purchase interval fund giving investors diversified exposure to private credit strategies.

## Achievements

- Grew from a 2007 San Diego startup to a global private markets firm with roughly $700 billion in total capital responsibility.
- Completed a Nasdaq IPO in September 2020 (ticker STEP) at a valuation of about $1.8 billion.
- Built one of the larger proprietary datasets in private markets, spanning thousands of monitored funds.
- Expanded into private wealth with semi-liquid funds (SPRIM, SPRING, CRDEX) reaching billions in subscriptions.
- Acquired Greenspring Associates (2021) and Swiss Capital to broaden venture, growth and private debt capabilities.

## Latest updates

- **2026-08** — Reported fiscal Q1 2027 results, highlighting fee-related earnings and Private Wealth subscriptions surpassing $2.8 billion in the quarter, with SPRING contributing nearly $1.7 billion.
- **2026-08** — Outlined a 37% core fee-related earnings margin target while continuing to expand the private wealth platform.
- **2024** — Launched CRDEX, the StepStone Private Credit Income Fund, a daily-purchase interval fund for individual investors.

## Links

- Website: https://stepstonegroup.com
- LinkedIn: http://www.linkedin.com/company/stepstone-group
- Twitter/X: https://twitter.com/stepstonegroup
- Facebook: https://facebook.com/stepstonegroup/

---

Profile page: https://yespress.io/stepstone-group
Published by YesPress — https://yespress.io
Last updated: 2026-08-15