StepStone Group partners with Utmost

Core Insights - StepStone Group partners with Utmost to provide UK clients access to a comprehensive suite of private market strategies, enhancing portfolio diversification and long-term financial outcomes [1][2][3] Company Overview - StepStone Group is a global private markets investment firm with approximately $811 billion in total capital and $220 billion in assets under management as of December 31, 2025 [5] - Utmost is a leading provider of insurance-based wealth solutions, managing assets of £107.1 billion as of June 30, 2025 [7] Partnership Details - The partnership allows Utmost's clients to access StepStone's evergreen global private markets strategies, including Private Equity, Venture Capital & Growth, Private Credit, and Private Infrastructure [1][2] - This collaboration aims to support government-backed initiatives encouraging investment in unlisted equities and private markets [2] Market Trends - There is a growing interest among UK Wealth Managers in private markets, aligning with the long-term investment horizons of StepStone's evergreen semi-liquid fund range [3] - StepStone has experienced significant growth in its private wealth business, tripling its assets under management in the past fifteen months due to increasing demand for evergreen funds [4]