StepStone Group Inc. reports developments tied to its role as a global private markets investment firm providing customized investment solutions, advisory services, and data services. Its updates cover private equity, infrastructure, private debt, and real estate strategies, including fund closings, secondaries vehicles, credit opportunities, co-investments, and investment activity across private markets portfolios.
Company news also includes earnings announcements, capital allocation actions, leadership promotions, and data partnerships connected to StepStone’s proprietary SPI platform. Recurring disclosures describe how the firm serves institutional, private wealth, pension, sovereign wealth, insurance, endowment, foundation, and family office clients through private markets portfolio construction and analytics.
ASB Capital announced a partnership with StepStone (Nasdaq: STEP) to launch the ASB StepStone Private Financing Fund for investors.
The fund will offer a Shari’a compliant private financing strategy focused on current income and capital appreciation. It is being structured as an open-ended perpetual vehicle, with no fixed end date, designed to provide flexibility around subscriptions and redemptions. The underlying strategy focuses predominantly on senior secured financing to US middle-market companies. ASB Capital positions the offering as part of its expansion into private markets and alternative asset classes.
StepStone Group (Nasdaq: STEP) has appointed Yoshitaka Todoroki as Vice Chairman, focusing on initiatives in Japan and the broader Asia region. He joins after a decade at Japan’s Government Pension Investment Fund (GPIF), where he most recently served as Executive Director of the Private Market Investment Department.
Todoroki has more than 30 years of private markets investing experience. At GPIF, he led development of its private markets program across private equity, infrastructure and real estate, establishing investment frameworks and risk management procedures. Before joining GPIF in 2016, he headed the Alternative Investment Group at Sumitomo Mitsui Asset Management.
StepStone Private Venture and Growth Fund (STEP) will make a September distribution to shareholders of record on September 29, 2026.
The payment is expected in mid-October 2026, after determination of SPRING’s September 30, 2026 net asset value. The distribution will be based on tax-basis earnings through September 30, 2026 and is expected to consist primarily of long-term capital gains. The Fund has not yet finalized the exact amount and plans to announce it closer to the record date.
The Fund also anticipates a scheduled December 2026 distribution of any net investment income earned through December 31, 2026 and any net realized capital gains earned through October 31, 2026.
Amulet Capital Partners has recapitalized US Fertility through a new continuation vehicle, with StepStone Group (STEP) acting as sole lead investor alongside other existing and new investors. Financial terms were not disclosed.
The transaction is intended to provide additional long-term capital for US Fertility to invest in growth, clinical innovation and expanded access to reproductive care while maintaining its physician-led model and patient-first focus. The deal follows a 2025 strategic partnership in which L Catterton joined as co-lead investor with Amulet and US Fertility’s physician partners and management.
US Fertility now supports more than 200 physicians and operates 121 IVF clinic and laboratory locations/b. Amulet manages about
Gainline Capital Partners has closed a single-asset continuation fund to extend its partnership with Core Health & Fitness, a global commercial fitness equipment producer. The fund gives existing investors a liquidity option and raises follow-on capital to support Core’s continued growth and international expansion. The vehicle is anchored by StepStone Group as sole lead investor, alongside syndicate investors and Gainline’s existing limited and general partners.
Core, founded in 1992 and based in Vancouver, Washington, designs, manufactures, sells, installs, and services equipment under brands including StairMaster, Nautilus, Star Trac, Schwinn, Throwdown, Wexer and Gym Rax. The company serves gyms, studios, hospitality, multifamily and corporate wellness facilities in more than 75 countries.
StepStone Group (Nasdaq: STEP) announced that Head of Strategy Mike McCabe and President and Co-Chief Operating Officer Jason Ment will present at the Barclays Global Financial Services Conference on Monday, September 14, 2026, at 9:00 am ET. A live webcast and replay will be available via the StepStone shareholder website. As of June 30, 2026, StepStone was responsible for approximately $913 billion of total capital, including $245 billion of assets under management, across private equity, infrastructure, private debt and real estate strategies for a global institutional and private wealth client base.
StepStone Group (Nasdaq: STEP) closed fundraising for its StepStone Secondaries Infrastructure Fund (SSIF) and related separate accounts, securing $1.7 billion in total capital commitments. SSIF, StepStone’s first closed‑ended commingled infrastructure secondaries fund, focuses on acquiring LP interests in infrastructure funds and investing in GP‑led secondary transactions managed by third‑party infrastructure GPs.
The fund itself closed with $1.5 billion, surpassing its target and reaching its hard cap. As of August 2026, SSIF is about 50% deployed across 26 LP‑interest and GP‑led deals, many in the middle market. StepStone’s Infrastructure & Real Assets platform has deployed an average of $13 billion per year over the past three years and is part of a broader private markets business responsible for approximately $913 billion of total capital, including $245 billion of assets under management as of June 30, 2026.
StepStone Group (Nasdaq: STEP) reported results for the first quarter of fiscal 2027, covering the quarter ended June 30, 2026, and declared a quarterly cash dividend of $0.33 per Class A share, payable September 15, 2026 to shareholders of record on August 31, 2026.
Management and advisory fees, net, rose to $269.2 million, up 27% year over year, while total revenues increased to $378.9 million, up 4%. Total performance fees declined 28% to $109.7 million. StepStone recorded a GAAP net loss of $170.4 million and a net loss attributable to the company of $115.8 million, or $(1.41) per basic and diluted Class A share.
Non‑GAAP metrics showed growth: fee revenues reached $270.9 million (+27%), fee-related earnings $105.6 million (+30%) with a 39% FRE margin, and adjusted net income of $60.3 million (+24%), or $0.48 per share. As of June 30, 2026, StepStone reported $245.4 billion in AUM and $667.9 billion in AUA.
StepStone Group (Nasdaq: STEP) will release financial results for the quarter ended June 30, 2026, representing its first quarter of fiscal 2027, after the market close on Thursday, August 6, 2026. Management will host a webcast and earnings conference call at 5:00 p.m. ET the same day, accessible via the shareholders section of the company’s website, with a replay available about two hours after the event. Live Q&A participation requires advance registration to receive dial-in details and a PIN. As of March 31, 2026, StepStone was responsible for approximately $885 billion of total capital, including $233 billion of assets under management, across private equity, infrastructure, private debt and real estate strategies.
Corastone announced a partnership with UMB Fund Services to connect UMBFS and its clients to Corastone's private, permissioned blockchain (DLT) network for alternative investment servicing, with recordkeeping support from Envision.
StepStone (Nasdaq: STEP) is the first UMBFS client on the network, aiming to streamline subscriptions, reduce manual reconciliation, and improve data accuracy across transactions.