StepStone Group Appoints Yoshitaka Todoroki as Vice Chairman, Japan

StepStone Group (Nasdaq: STEP) has appointed Yoshitaka Todoroki as Vice Chairman, focusing on initiatives in Japan and the broader Asia region.

Rhea-AI Summary

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.

Key Terms

general partners, assets under management, defined benefit, defined contribution

4 terms

general partners financial

"relationships with general partners and other institutional investors globally"

General partners are the people or firms that run and make day-to-day decisions for a partnership or investment fund, taking primary responsibility for its operations and obligations. They matter to investors because they control strategy, bear more legal and financial risk than passive backers, and their skill and incentives largely determine returns—think of them as the fund’s captain who both steers the ship and shares in the voyage’s upside and downside.

assets under management financial

"including $245 billion of assets under management"

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.

defined benefit financial

"public and private defined benefit and defined contribution pension funds"

A defined benefit is a retirement promise where an employer guarantees a specific payment to a worker after they retire, usually based on salary and years of service. Think of it as the company promising a fixed monthly pension like a lifetime paycheck; investors care because fulfilling that promise is a long-term liability that can require large cash payments, affect a company’s profits and creditworthiness, and change the business’s financial flexibility.

defined contribution financial

"public and private defined benefit and defined contribution pension funds"

A defined contribution plan is a retirement savings arrangement where the amount put into an employee’s account is fixed by a formula or contribution schedule, but the final payout depends on how the invested money performs. Think of it as a personal savings pot that grows or shrinks with market returns; for investors, it matters because companies offering these plans have more predictable short-term costs but shift long-term retirement risk onto employees, affecting corporate liabilities, cash flow and workforce stability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Experienced private markets investor joins StepStone following a decade at Japan’s Government Pension Investment Fund

NEW YORK, Oct. 01, 2026 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a leading global private markets investment firm, today announced that Yoshitaka Todoroki has joined the firm as a Vice Chairman, focusing on strategic initiatives in Japan and the broader Asia region.

Mr. Todoroki joins StepStone following a distinguished career in private markets investing spanning more than 30 years. Most recently, he served as Executive Director of the Private Market Investment Department at Japan’s Government Pension Investment Fund (GPIF). Throughout his decade-long tenure at GPIF, Mr. Todoroki led the development of the pension fund’s private markets investment program across private equity, infrastructure and real estate. He established its investment strategy and frameworks, risk monitoring and management procedures, and relationships with general partners and other institutional investors globally.

Scott Hart, StepStone CEO, said, “Yoshitaka Todoroki brings tremendous experience and perspective from more than three decades investing across private markets, including helping to build and lead the private markets program for one of the world’s largest institutional investors. His firsthand perspective as an asset-owner and understanding of how investments across private asset classes fit within a broader portfolio will be highly valuable to our clients. We are delighted to welcome him to StepStone as we continue to grow our platform across Asia and beyond.”

Mr. Todoroki said, “Having spent much of my career investing in private markets as an institutional investor, I have long appreciated the importance of strong partnerships, informed judgment and a holistic approach to portfolio construction. StepStone’s deep investment expertise, global perspective and data-driven insights create a powerful platform for serving institutional investors. I am pleased to join the firm and look forward to working with Scott and the broader team to support StepStone’s clients and continued growth in the region.”

Prior to joining GPIF in 2016, Mr. Todoroki was Head of the Alternative Investment Group at Sumitomo Mitsui Asset Management. Earlier in his career, he held investment roles at Sumitomo Mitsui Banking Corporation, MassMutual Life Insurance Japan and The Sumitomo Trust and Banking Co.

Mr. Todoroki holds a Bachelor of Commerce from Hitotsubashi University and completed the Investment Management Programme at London Business School.

About StepStone Group

StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of June 30, 2026, StepStone was responsible for approximately $913 billion of total capital, including $245 billion of assets under management.

StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals.

StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

Contacts

Shareholder Relations:
Seth Weiss
shareholders@stepstonegroup.com
1-212-351-6106

Media:
Jordan Niezelski / Maggie Duffy
Edelman
StepStone@edifi-dje.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who has StepStone Group appointed as Vice Chairman for Japan?

StepStone Group has appointed Yoshitaka Todoroki as Vice Chairman, focusing on initiatives in Japan and the broader Asia region. He previously served as Executive Director of the Private Market Investment Department at Japan’s Government Pension Investment Fund.