Core Insights - StepStone Private Wealth Solutions (SPWS) has achieved significant growth, reaching $10.2 billion in assets under management as of July 31, 2025, positioning itself as a key player in private markets investment [1][2][3] Company Overview - StepStone Group is a global private markets investment firm managing approximately $723 billion in total capital, including $199 billion in assets under management as of June 30, 2025 [6] - The firm serves a diverse clientele, including large pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [6] Growth Drivers - The growth of SPWS is attributed to increased allocations to private market assets, particularly through evergreen and semi-liquid structures, with investments from private banks, wealth managers, and family offices [2][3] - Engagement from Registered Investment Advisors (RIAs) and strategic partnerships with financial intermediaries have been crucial in driving investments across SPWS's product offerings, which include private equity, venture capital, private debt, and infrastructure [2][3] Strategic Initiatives - SPWS is enhancing investor access by lowering investment minimums and eliminating accredited investor status for several wealth products in the US [4][7] - The firm has partnered with Goji to improve access to its global private market evergreen funds, including the SCRED ELTIF and UCI Part II structure [4][7] - StepStone Academy is expanding to provide on-demand continuing education credits for financial professionals, offering resources to enhance understanding of private markets [5][7] Market Positioning - StepStone differentiates itself through its proprietary intelligence platform (SPI by StepStone) and extensive relationships with leading deal sponsors, enhancing its global reach with 29 offices [3][6] - The firm aims to address legacy barriers in private market investments, providing simplified and transparent structures for investors [3][4]

Company Overview - StepStone Group is a global private markets investment firm with approximately $709 billion in total capital as of March 31, 2025, including $189 billion in assets under management [2] - The firm serves a diverse client base, including large public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [2] Partnership with Goji - StepStone Group is leveraging Goji's technology to enhance access to its European private market evergreen funds, aiming to simplify the investor journey [1] - Goji provides a technology-enabled investment platform that offers a secure, scalable, and customizable solution for asset managers and investors [3] - The collaboration is expected to deliver a streamlined and efficient investment experience, supported by Euroclear's digital infrastructure and regulatory expertise [1] Fund Performance - StepStone Private Markets (Luxembourg) ("SPRIM Lux") has $351 million in assets under management and a total net return of 43.81% since its inception in September 2022 [4] - StepStone Private Venture and Growth (Luxembourg) ("SPRING Lux") has $427 million in assets under management with a total net return of 70.65% since its inception in November 2022 [4] - StepStone Private Infrastructure (Luxembourg) ("STRUCTURE Lux") has $89.9 million in assets under management and a total net return of 32.24% since its inception in September 2023 [4] - StepStone Private Credit Europe ELTIF ("SCRED Europe") launched in February 2025 with over €250 million in seed capital, focusing on a diversified European private credit strategy [4]

Core Viewpoint - StepStone Group Inc. has expanded access to its private market evergreen funds through a partnership with Bergos AG, a Swiss private bank managing CHF7.3 billion in assets, enhancing investor access to institutional-quality private market investments globally [1][3]. Company Overview - StepStone Group Inc. is a global private markets investment firm with approximately $698 billion in total capital, including $179 billion in assets under management as of December 31, 2024 [3]. - The firm provides customized investment solutions and advisory services to a diverse client base, including large pension funds, sovereign wealth funds, and high-net-worth individuals [3]. Fund Details - The following StepStone funds are now available through Bergos AG: - **SPRING Lux**: A venture and growth strategy fund with $341.7 million in assets under management (AUM) and a total net return of 59.92% since its inception in November 2022 [5]. - **STRUCTURE Lux**: A private infrastructure fund with $79.9 million in AUM and a total net return of 24.91% since its inception in September 2023 [5]. - **SCRED Lux**: A private credit fund with $43.6 million in AUM, focusing on various credit-related strategies since its inception in June 2024 [5]. - **SCRED Europe**: A newly launched private credit fund with over €250 million in seed capital, targeting senior secured direct lending in Europe [5]. Partnership Significance - The partnership with Bergos AG aligns with StepStone's mission to provide broader access to private market investments, reflecting shared values between the two institutions [1].