Core Viewpoint - StepStone Group Inc. reported its financial results for the first quarter of fiscal year 2026, highlighting a quarterly cash dividend declaration and significant financial metrics [1][4]. Financial Highlights - The company reported total revenues of $364.287 million for the quarter ended June 30, 2025, representing a 95% increase compared to the same quarter in the previous year [9]. - Management and advisory fees, net, were $211.173 million, a 19% increase from the previous quarter [9]. - The net loss for the quarter was $12.011 million, compared to a net income of $48.045 million in the same quarter last year [9][19]. - The company declared a quarterly cash dividend of $0.28 per share of Class A common stock, payable on September 15, 2025 [1]. Non-GAAP Financial Measures - Fee revenues for the quarter were reported at $212.740 million, a 19% increase from the previous quarter [9]. - Adjusted revenues were $237.467 million, reflecting a 7% decrease compared to the previous quarter [9]. - Fee-related earnings (FRE) were $81.246 million, with a FRE margin of 38% [9][10]. - Adjusted net income (ANI) was $48.534 million, with ANI per share at $0.40, a 17% decrease from the previous quarter [10]. Key Business Drivers - As of June 30, 2025, StepStone managed approximately $723 billion in total capital, including $199 billion in assets under management (AUM), which represents an 18% increase year-over-year [4][10]. - Fee-earning AUM increased by 27% to $127.2 billion [10]. - The company reported a 4% increase in undeployed fee-earning capital, totaling $28.7 billion [10].

Core Viewpoint - StepStone Group Inc. will release its financial results for the first quarter of the fiscal year ending March 31, 2026, on August 7, 2025, after market close [1] Group 1: Earnings Release Information - The earnings results will be available after the market closes on August 7, 2025 [1] - A webcast and conference call will be held on the same day at 5:00 pm ET to discuss the results [2] - Participants can register for the live Q&A portion of the call through a provided link [3] Group 2: Company Overview - StepStone Group Inc. is a global private markets investment firm focused on customized investment solutions and advisory services [4] - As of March 31, 2025, the company managed approximately $709 billion in total capital, including $189 billion in assets under management [4] - The client base includes large public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [4]

Core Insights - StepStone Group has opened a new office in Jeonju, South Korea, enhancing its partnership with the National Pension Service (NPS) [1][2] - The Jeonju office is StepStone's second location in South Korea, following the Seoul office established in 2014 [1] - The opening ceremony was attended by senior leaders from both StepStone and NPS, highlighting the importance of this partnership [3] Company Overview - StepStone Group is a global private markets investment firm managing approximately $709 billion in total capital, with $189 billion in assets under management as of March 31, 2025 [4] - The firm provides customized investment solutions and advisory services to a diverse client base, including large pension funds, sovereign wealth funds, and private wealth clients [4] - StepStone focuses on developing private markets portfolios across various asset classes, including private equity, infrastructure, private debt, and real estate [4]

Company Overview - StepStone Group Inc. is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to clients [2] - As of March 31, 2025, StepStone was responsible for approximately $709 billion of total capital, including $189 billion of assets under management [2] - The firm's clients include large public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [2] Upcoming Events - Scott Hart, CEO, and Mike McCabe, Head of Strategy, are scheduled to present at the Morgan Stanley US Financials Conference on June 10, 2025, at 2:30 pm ET [1] - A live webcast and replay of the presentation will be accessible through the StepStone website [1]

Core Viewpoint - StepStone Group Inc. reported its financial results for the fourth quarter and fiscal year ended March 31, 2025, highlighting significant growth in revenues and net income, alongside the declaration of dividends for shareholders [1][4]. Financial Highlights - Total revenues for the fourth quarter reached $377.7 million, a 6% increase compared to the previous quarter, and a 65% increase year-over-year [8]. - Management and advisory fees for the fourth quarter were $213.4 million, up 39% from the same quarter last year [8]. - Performance fees totaled $164.3 million for the fourth quarter, reflecting a 19% decrease from the previous quarter but a 222% increase year-over-year [8]. - Net income for the fourth quarter was $13.2 million, a significant recovery from a net loss of $287.2 million in the previous quarter [8]. Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.24 per share and a supplemental cash dividend of $0.40 per share, both payable on June 30, 2025 [1][10]. Assets and Management - As of March 31, 2025, StepStone managed approximately $709 billion in total capital, including $189 billion in assets under management (AUM) [4]. - The company reported a 21% increase in AUM compared to the previous year [8]. Non-GAAP Financial Measures - Fee revenues for the fourth quarter were reported at $214.7 million, a 40% increase year-over-year [8]. - Adjusted revenues for the fiscal year were $969.7 million, reflecting a 46% increase compared to the previous year [8]. - Fee-related earnings (FRE) for the fourth quarter were $94.1 million, with a FRE margin of 44% [8]. Key Business Metrics - The weighted-average shares of Class A common stock increased by 12% year-over-year, reaching 71.1 million [9]. - The company reported a significant increase in cash and cash equivalents, totaling $244.8 million as of March 31, 2025, compared to $143.4 million the previous year [14].

Core Viewpoint - StepStone Group Inc. will release its financial results for the fourth quarter and fiscal year ended March 31, 2025, on May 22, 2025, after market close [1]. Group 1: Financial Results Announcement - The financial results will be discussed in a webcast and conference call scheduled for May 22, 2025, at 5:00 pm ET [2]. - A replay of the webcast will be available approximately two hours after the event concludes [2]. Group 2: Company Overview - StepStone Group Inc. is a global private markets investment firm managing approximately $698 billion in total capital, including $179 billion in assets under management as of December 31, 2024 [4]. - The firm's clientele includes large public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [4]. - StepStone specializes in developing customized private markets portfolios across private equity, infrastructure, private debt, and real estate asset classes [4].