Stepstone Group Inc. Stock Price, News & Analysis

StepStone Group (NASDAQ: STEP), a global private markets investment firm, has announced its fourth quarter and fiscal year 2025 results. The company's Board of Directors has declared a quarterly cash dividend of $0.24 per share of Class A common stock, along with a supplemental cash dividend of $0.40 per share. Both dividends will be payable on June 30, 2025, to shareholders of record as of June 13, 2025.

The company has made detailed financial results available on its website and will host a webcast and conference call on May 22, 2025, at 5:00 pm ET to discuss the quarterly and annual performance.

StepStone Group (STEP) has announced the opening of its new office in Dublin, Ireland, through its subsidiary StepStone Group Europe Alternative Investment Limited (SGEAIL). The 12,000 square foot facility at One Haddington Buildings represents an expansion of the company's presence in Ireland, where it has operated since 2005. SGEAIL, regulated by the Central Bank of Ireland, has seen significant growth with AUM increasing from €20.6 billion in December 2022 to €29.1 billion as of December 2024. The Dublin office now employs 110 people, representing 10% of StepStone's global workforce, having doubled its headcount since 2021. The expansion supports the firm's growing EU-based institutional and private wealth client base, with recent initiatives including the launch of its first ELTIF focused on private debt and the conversion of RAIF funds into UCI Part II vehicles.

StepStone Group (Nasdaq: STEP) has scheduled the release of its fourth quarter and fiscal year 2025 financial results for May 22, 2025, after market close. The company will host a webcast and conference call at 5:00 pm ET on the same day to discuss the results for the period ended March 31, 2025.

Interested participants can access the webcast through StepStone's shareholders website. For those wanting to participate in the Q&A session, pre-registration is required through the provided registration link. A replay of the event will be available approximately two hours after its conclusion on the shareholders website.

StepStone Real Estate (SRE), part of StepStone Group (Nasdaq: STEP), has successfully closed its fifth flagship fund, StepStone Real Estate Partners V (SREP V), raising $3.77 billion in primary commitments - marking it as the largest real estate secondaries fund to date. Including co-investments and discretionary vehicles, the total investment capacity exceeds $4.5 billion.

Despite challenging market conditions, SREP V was significantly oversubscribed, with $1.7 billion already committed across 8 investments. The fund attracted diverse global investors, including sovereign wealth funds, pension funds, insurance companies, and wealth management platforms, with increased participation from North American institutions and investors across Europe, Asia, the Middle East, and Latin America.

SRE's advisory practice oversees approximately $170 billion in real estate assets under advisement, conducting over 1,000 manager meetings annually and allocating roughly $17 billion per year across various investments. The fund focuses on GP-led secondaries and recapitalizations of real estate vehicles, particularly during market dislocations.

StepStone Group (Nasdaq: STEP) has successfully raised $705 million for its fourth StepStone Tactical Growth Fund (STGF IV), focusing on growth equity market opportunities. The fund attracted diverse investors including sovereign wealth funds, public pensions, and family offices.

STGF IV targets founder-led businesses in technology and healthcare sectors outside traditional venture capital, seeking companies with rapid topline growth, strong margins, and minimal leverage. The fund is managed by StepStone's Venture Capital and Growth Equity Team, which deploys approximately $5.5 billion annually across various investment types.

With over 80 dedicated investment professionals, StepStone implements flexible investment strategies including direct co-investments, continuation vehicles, and secondary transactions.

Yieldstreet has announced the launch of Yieldstreet 360 Managed Portfolios, the first automated private markets investing solution. The platform aims to democratize access to private equity, private credit, and real estate investments through diversified portfolios tailored to individual investors' goals.

The launch comes as private markets have grown from $9.7 trillion in 2012 to $24.4 trillion in 2023. The solution will feature investments from Goldman Sachs Asset Management, Carlyle, and StepStone, with strategies advised by Wilshire. The platform addresses traditional barriers like high investment minimums and complex structures, offering automated investment management and real-time performance tracking.

Available to accredited investors later this year, Yieldstreet 360 will provide exposure to thousands of underlying assets through a single solution, with options ranging from income-focused to growth-oriented approaches.

Cyberhaven has secured a $100 million Series D funding round led by StepStone Group (Nasdaq: STEP), along with Schroders and Industry Ventures. This investment values the company at $1 billion, representing a sevenfold increase in just one year and bringing total funding to $250 million.

The AI-powered data security company's platform leverages data lineage and a proprietary Large Lineage Model (LLiM) to trace how data originates, moves, and transforms throughout organizations. This technology enables real-time observability of data flows and precise threat detection.

The funding will support platform expansion through M&A and organic innovation, alongside increased market reach through go-to-market investments. The company aims to address modern data security challenges in an era where data constantly moves between endpoints, cloud platforms, and AI systems.

StepStone Group (Nasdaq: STEP), a global private markets investment firm, has announced significant leadership expansions with the promotion of 10 new partners and 24 new managing directors. The promotions span across multiple departments including Information Technology, Operational Due Diligence, Venture Capital, Private Debt, Real Estate, and Infrastructure.

The new partner class includes professionals from various global locations including La Jolla, Baltimore, Zurich, London, and Frankfurt. Notable appointments include Christopher Bernadino as Global Head of IT and CISO, Elizabeth Ferry as Head of Operational Due Diligence, and Joey Wong Castillo as Head of Legal for Infrastructure and Real Assets.

The managing director promotions strengthen various departments including Private Wealth, Fund Accounting, Corporate Finance, Operations, and Product Management across offices in Charlotte, Dublin, San Francisco, Chicago, New York, and other global locations.

SEI (NASDAQ:SEIC) has launched its alternative investment product marketplace through SEI Access, a platform providing comprehensive investment solutions for wealth managers and financial advisors. The platform offers broader access to alternative investments across various asset classes and fund managers, including new additions like Constitution Capital Partners, Golub, and others.

The marketplace features a digital interface with educational tools, integrated subscription processing, and expanded distribution opportunities. As of December 31, 2024, SEI Access supports over 250 wealth management firms and 165 fund managers, providing access to approximately 300 alternative investment funds. The platform has processed about $4.9 billion in alternatives transactions with more than 22,500 subscriptions.

This launch builds upon SEI's private markets expertise and the acquisition of Altigo, enhancing their subscription automation technology. The company recently acquired LifeYield, aiming to deliver automated unified managed household capabilities.