StepStone Group Recognized Among Best Places to Work in Money Management by Pensions & Investments for Second Consecutive Year
Rhea-AI Summary
StepStone Group (Nasdaq: STEP) has been recognized as one of the Best Places to Work in Money Management by Pensions & Investments for the second consecutive year in 2024. The recognition comes through a comprehensive two-part evaluation process, where workplace policies and employee experience were assessed, with the latter accounting for 80% of the total evaluation.
Rich Kasnia, Partner and Chief Human Resources Officer, emphasized the company's commitment to maintaining an inclusive, supportive, and innovative workplace culture. The award, part of P&I's 13th annual survey program, highlights StepStone's success in creating an environment that promotes employee well-being, offers attractive incentive structures, and supports talent development.
The recognition reinforces StepStone's position as a global private markets investment firm dedicated to providing customized investment solutions while prioritizing its workplace culture.
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On the day this news was published, STEP declined 0.65%, reflecting a mild negative market reaction.
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NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today announced it has been named one of the Best Places to Work in Money Management by Pensions & Investments for the second consecutive year.
Presented by Pensions & Investments, the global news source of money management and institutional investing, the 13th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.
"We are deeply gratified to be recognized again by Pensions & Investments as one of the Best Places to Work in Money Management. This honor is a testament to our unwavering commitment to fostering a workplace culture that is inclusive, supportive, and innovative,” said Rich Kasnia, Partner and Chief Human Resources Officer at StepStone. “We remain dedicated to providing our employees with the resources, opportunities, and environment they need to provide the highest level of service to our clients.”
“As their employees attest, the companies named to this year’s Best Places to Work list demonstrate a commitment to building and maintaining a strong workplace culture,” said P&I Editor-in-Chief Julie Tatge. “In doing so, they’re helping their employees, clients and their businesses succeed.”
“Pensions & Investments is proud to honor the Best Places to Work in Money Management for the 13th year. A strong workplace culture that supports talent, advocates progress and drives innovation is paramount to driving the best outcomes and these asset managers demonstrate that. Congratulations to the 2024 honorees for their commitment to employee well-being, attractive incentive structures and talent development that demonstrate how investing in your employees can elevate our industry to greater heights,” said P&I President and Publisher Nikki Pirrello.
Pensions & Investments partnered with Workforce Research Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees.
The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately
For a complete list of the 2024 Pensions & Investments’ Best Places to Work in Money Management winners and profiles of the top firms across size categories, go to http://www.pionline.com/BPTW2024.
About StepStone
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, 2024, StepStone was responsible for approximately
About Pensions & Investments
Pensions & Investments, owned by Crain Communications Inc., is the 51-year-old global news source of money management and institutional investing. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations, and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit us at www.pionline.com.
Contacts
Media:
Brian Ruby / Chris Gillick / Matt Lettiero, ICR
StepStonePR@icrinc.com
1-203-682-8268