StepStone (US:STEP) Globenewswire·2026-01-27 13:05Core Insights - StepStone Real Estate (SRE) has appointed Jennifer Jones as a Partner to launch S-Core, a platform aimed at enhancing SRE's Core/Core+ real estate activities [1][3] - S-Core will be structured as a series of separate accounts, allowing investors to customize their portfolios based on geography, property types, investment structures, and leverage levels [3][4] Company Background - Prior to joining SRE, Jennifer Jones spent nearly two decades at UBS, leading over $20 billion in transactions and serving as Senior Portfolio Manager for its Global Core Plus vehicle [2] - SRE has a strong track record in investing in Core/Core+ funds, secondaries, and co-investments, with over $17 billion allocated globally in 2025 [4][5] Investment Strategy - S-Core will follow StepStone's investment approach, focusing on accessing seasoned assets at discounts and favorable fees, leveraging existing secondaries, co-investment, and fund investment capabilities [4] - The platform aims to address investor demand for Core/Core+ investments, which have shown returns similar to non-core investments over the past 30 years but with significantly less volatility [6][7] Market Position - SRE's connectivity to the market is expected to provide an advantage in information, market intelligence, and transaction sourcing, with a significant portion of investments coming off-market [4] - The firm emphasizes the importance of current cash flow, capital preservation, and inflation hedging as key attributes sought by investors in real estate [7][8]