Financial Performance - GAAP consolidated statements of income (loss)显示，截至2025年6月，净亏损为1201.1万美元[7] - 归属于StepStone Group Inc的GAAP净亏损为3842.4万美元，即每股亏损0.49美元[7,8] - 截至2025年6月，调整后的净收入（ANI）为4853.4万美元，同比下降15%[9] - ANI每股0.40美元，同比下降17%[9] - 费用收入同比增长19%，达到2.127亿美元[9,12] - 实际业绩费用总额下降42%[9,12] - 费用相关收益（FRE）增长13%，达到8120万美元[9,12] Assets Under Management (AUM) and Advisement (AUA) - 资产管理规模（AUM）达到1993亿美元，同比增长18%[11,15] - 费用收入资产管理规模（FEAUM）达到1272亿美元，同比增长27%[11,18] - 待配置的费用收入资本为287亿美元，同比增长4%[11] - 顾问管理资产（AUA）为5240亿美元[15,18] Capital Raising and Deployment - 过去12个月内，为独立管理账户（SMA）筹集了180亿美元的新资本[12,18] - 过去12个月内，为混合基金筹集了100亿美元[12,18]

Financial Performance Highlights - Management and advisory fees increased by 39% for the quarter, reaching $213.401 million, and by 31% for the full year, totaling $767.014 million[7] - Total revenues increased by 6% for the quarter, amounting to $377.729 million, and by 65% for the full year, reaching $1.17483 billion[7] - Fee revenues increased by 40% for the quarter to $214.662 million and 31% for the full year to $770.489 million[9] - Fee-related earnings increased by 85% for the quarter to $94.081 million and 64% for the full year to $312.204 million[9] - Adjusted net income per share increased by 106% for the quarter to $0.68 and 69% for the full year to $2.05[9] - Gross realized performance fees increased by $120 million for the full year[46] Assets Under Management (AUM) - Assets under management increased by 21% to $189.4 billion[10] - Fee-earning AUM increased by 29% to $121.4 billion[10] - Undeployed fee-earning capital totaled $24.6 billion, a 9% increase[10] Capital Activity - Raised a total of $21 billion of new capital for separately managed accounts over the last twelve months[14] - Raised a total of $10 billion for commingled funds over the last twelve months[14]