StepStone Group Opens Office in Madrid, Ninth in Europe

Rhea-AI Summary

StepStone Group (Nasdaq: STEP) opened a new office in Madrid on November 17, 2025, marking its ninth European office and reinforcing its expansion in Southern Europe. The Madrid office will be managed by Guglielmo Russo Walti as Iberian Regional Lead, Business Development and Client Relations.

Management said the office aims to deepen proximity to clients in Spain, Portugal and Andorra and to expand access to institutional-grade global investment opportunities. The firm now operates 31 offices worldwide, positioning it to serve rising demand for diversified, risk-adjusted portfolios.

MADRID, Nov. 17, 2025 (GLOBE NEWSWIRE) -- StepStone Group (Nasdaq: STEP) has opened a new office in Madrid. As StepStone's ninth office in Europe, this opening marks a significant milestone in the firm’s continued expansion and reaffirms its commitment to clients and partners across Europe.

“The establishment of our Madrid office is a clear indication of our long-term commitment to growth in Southern Europe,” said David Jeffrey, Partner and Head of Europe. “We remain focused on expanding access to high-quality, institutional-grade global investment opportunities for all of our clients, and we’re excited to deepen our presence in the Iberian market.”

Giada De Mattia, Partner and Head of Business Development in Southern Europe, added, “Opening an office in Madrid reinforces our proximity to clients and investors in Spain, Portugal and Andorra. By combining our deep understanding of local dynamics with StepStone’s global expertise, we can help our clients seize opportunities in the region and beyond.”

The office will be managed by Guglielmo Russo Walti, Iberian Regional Lead, Business Development and Client Relations.

With 31 offices worldwide, the firm is well placed to serve as a trusted partner to clients and meet rising global demand for investment opportunities and portfolios that deliver attractive risk-adjusted returns.

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 September 30, 2025, StepStone was responsible for approximately $771 billion of total capital, including $209 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.

Media:
Brian Ruby / Chris Gillick / Matt Lettiero, ICR
StepStonePR@icrinc.com
1-203-682-8268

FAQ

What did StepStone Group (STEP) announce on November 17, 2025?

StepStone announced the opening of a new Madrid office, its ninth office in Europe, to expand presence in Southern Europe.

Who will lead StepStone's Madrid office and Iberian client relations for STEP?

The Madrid office will be managed by Guglielmo Russo Walti, Iberian Regional Lead, Business Development and Client Relations.

How many offices does StepStone (STEP) operate worldwide after the Madrid opening?

Following the Madrid opening, StepStone operates 31 offices worldwide.

Which markets will StepStone's Madrid office serve for STEP?

The Madrid office will serve clients and investors in Spain, Portugal and Andorra and support regional business development.

What is StepStone's stated goal for opening the Madrid office (STEP)?

The company said the office reinforces long-term commitment to growth in Southern Europe and expands access to institutional-grade global investment opportunities.

How does the Madrid office affect StepStone's (STEP) European footprint?

The Madrid office increases StepStone's European presence to nine offices, reinforcing regional proximity to clients.