Stepstone Group Inc. Stock Price, News & Analysis

StepStone Group Inc. (Nasdaq: STEP) has reported its third-quarter results for the fiscal year ending March 31, 2023, revealing total capital responsibilities of approximately $602 billion, with $134 billion in assets under management as of December 31, 2022. The Board has declared a quarterly cash dividend of $0.20 per share of Class A common stock, payable on March 15, 2023, to shareholders of record by February 28, 2023. An earnings conference call is scheduled for February 9, 2023, at 5:00 pm ET, where management will discuss the quarter's performance and future outlook.

StepStone Group announced that Mike McCabe, Head of Strategy, will present at the BofA Securities Financial Services Conference on February 14, 2023, at 3:20 pm ET. The event will be streamed live on the StepStone website, where a replay will also be available. As of September 30, 2022, StepStone managed approximately $135 billion in assets, contributing to a total capital responsibility of $602 billion. The firm serves a diverse client base, including public and private pension funds, sovereign wealth funds, and high-net-worth individuals, offering tailored investment solutions across private equity, infrastructure, private debt, and real estate.

StepStone Group Inc. (Nasdaq: STEP) has announced the promotion of 10 new partners and 19 managing directors, reflecting the firm's commitment to client service and expertise. CEO Scott Hart praised the talent and dedication of the newly promoted individuals. The firm, which manages approximately $602 billion in total capital and $135 billion in assets under management as of September 30, 2022, continues to cater to a diverse clientele, including pension funds, sovereign wealth funds, and high-net-worth individuals. StepStone specializes in customized investment solutions across private equity, infrastructure, private debt, and real estate.

StepStone Group Inc. (Nasdaq: STEP) will report its third-quarter results for the fiscal year ending March 31, 2023, on February 9, 2023, after market close. A conference call and webcast will follow at 5:00 PM ET to discuss the results. StepStone, a global private markets investment firm, manages approximately $602 billion in private markets allocations, including $135 billion in assets under management. The firm serves a diverse clientele including public and private pension funds, sovereign wealth funds, and family offices.

StepStone Group Inc. (Nasdaq: STEP) reported its second-quarter results for fiscal year 2023, ending September 30, 2022. The company oversees approximately $602 billion in private markets allocations, including $135 billion in assets under management. A quarterly cash dividend of $0.20 per share has been declared, payable on December 15, 2022, to shareholders as of November 30, 2022. StepStone continues to provide customized investment solutions and advisory services to a diverse clientele including pension funds and family offices.

StepStone Group Inc. (Nasdaq: STEP) will release its financial results for Q2 of fiscal year 2023 on November 3, 2022, after market close. The earnings call, scheduled for the same day at 5:00 PM ET, will be available live via the Company's website. This quarter marks the financial period ending September 30, 2022. StepStone oversees approximately $588 billion in private markets allocations, with about $137 billion in assets under management.

StepStone Group has launched a new investment fund, SPRIM Lux, aimed at European high net worth investors, with an initial close of over USD 100 million. This fund provides access to StepStone’s semi-liquid, core private markets strategy, which has previously demonstrated significant returns, including a 76% total return since its inception in October 2020. SPRIM Lux will feature a diversified portfolio of 200 companies across 20 funds, enhancing accessibility and transparency in private market investments.

StepStone Real Estate has appointed Yasmine Uzmez as Managing Director on its business development team, enhancing its capabilities in institutional investor relations. With over 18 years of experience in real estate, Uzmez has a background at firms like Park Madison Partners and Shelter Rock Capital Advisors. Her expertise will aid StepStone’s global business development efforts across various asset classes. As of June 30, 2022, StepStone managed $588 billion in private market allocations, including $168 billion within real estate.