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StepStone Group to Present at the RBC Capital Markets Global Financial Institutions Conference
Globenewswire· 2026-02-26 13:05
Company Overview - StepStone Group Inc. is a global private markets investment firm that provides customized investment solutions and advisory and data services to clients [2] - As of December 31, 2025, StepStone managed approximately $811 billion in total capital, which includes $220 billion in assets under management [2] - The firm's clients consist of 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 RBC Capital Markets Global Financial Institutions Conference on March 10, 2026, at 4:00 pm ET [1] - A live webcast and replay of the presentation will be available on the StepStone website [1]
StepStone Group Reports Third Quarter Fiscal Year 2026 Results
Globenewswire· 2026-02-05 21:05
Core Insights - StepStone Group Inc. reported its third quarter results for the fiscal year ending March 31, 2026, highlighting significant growth in revenues and performance fees [1][4]. Financial Performance - Total revenues for the quarter ended December 31, 2025, reached $586.5 million, a 73% increase compared to $339.0 million in the same quarter of the previous year [6][17]. - Management and advisory fees for the same period were $239.9 million, up 26% from $190.8 million year-over-year [6][17]. - Total performance fees surged to $346.6 million, a 134% increase from $148.2 million in the prior year [6][17]. - The company reported a net loss of $162.4 million for the quarter, compared to a net loss of $287.2 million in the same quarter of the previous year, indicating a 43% improvement [6][17]. Dividends - The Board of Directors declared a quarterly cash dividend of $0.28 per share of Class A common stock, payable on March 13, 2026, to shareholders of record as of February 27, 2026 [1]. Assets Under Management - As of December 31, 2025, StepStone managed approximately $811 billion in total capital, including $220 billion in assets under management (AUM) [4][6]. Key Business Metrics - Fee-related earnings (FRE) for the quarter were $78.6 million, with a FRE margin of 37% [6][8]. - Adjusted net income (ANI) was reported at $66.7 million, reflecting a 19% increase year-over-year [6][8]. - The company’s weighted-average shares of Class A common stock increased to 79.5 million, an 8% rise compared to the previous year [6][8].
StepStone Group to Announce Third Quarter Fiscal 2026 Results on February 5, 2026
Globenewswire· 2026-01-22 13:05
Core Viewpoint - StepStone Group Inc. will release its financial results for the third quarter of the fiscal year ending March 31, 2026, on February 5, 2026, after market close [1]. Group 1: Earnings Release - The results will cover the quarter ended December 31, 2025 [1]. - A webcast and conference call will be held on the same day at 5:00 pm ET to discuss the results [2]. - The webcast will be accessible on the Shareholders section of the Company's website [2]. Group 2: Participation Details - Participants wishing to join the Q&A portion must register in advance to receive dial-in information and a PIN [3]. - Registration for the call can be completed through a specified link [3]. Group 3: Company Overview - StepStone Group Inc. is a global private markets investment firm with approximately $771 billion in total capital as of September 30, 2025, including $209 billion in assets under management [4]. - The firm serves a diverse clientele, including large pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [4]. - StepStone focuses on developing customized private markets portfolios across various asset classes, including private equity, infrastructure, private debt, and real estate [4].
StepStone Group Opens Office in Madrid, Ninth in Europe
Globenewswire· 2025-11-17 10:05
Core Insights - StepStone Group has opened a new office in Madrid, marking its ninth office in Europe and demonstrating the firm's commitment to expansion in the region [1][2] - The Madrid office aims to enhance access to high-quality global investment opportunities for clients in Southern Europe, particularly in Spain, Portugal, and Andorra [2] - StepStone Group manages approximately $771 billion in total capital, with $209 billion in assets under management as of September 30, 2025 [4] Company Expansion - The establishment of the Madrid office is part of StepStone's long-term growth strategy in Southern Europe [2] - The office will be led by Guglielmo Russo Walti, focusing on business development and client relations in the Iberian region [2] Client Focus - StepStone Group aims to combine local market understanding with global expertise to help clients capitalize on investment opportunities [2] - The firm serves a diverse client base, including large pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [4] Global Presence - With 31 offices worldwide, StepStone is positioned to meet the rising global demand for investment opportunities that provide attractive risk-adjusted returns [3]
StepStone Group Reports Second Quarter Fiscal Year 2026 Results
Globenewswire· 2025-11-06 21:05
Core Insights - StepStone Group Inc. reported its second quarter fiscal 2026 results, highlighting a quarterly cash dividend of $0.28 per share of Class A common stock, payable on December 15, 2025 [1][2] Financial Performance - Total revenues for the quarter ended September 30, 2025, reached $454.225 million, a 67% increase compared to the same quarter in the previous year [6][17] - Management and advisory fees, net, amounted to $215.489 million, reflecting an 18% increase year-over-year [6][17] - Total performance fees surged to $238.736 million, marking a 175% increase compared to the same quarter last year [6][17] - Net income for the quarter was reported at a loss of $575.490 million, compared to a profit of $53.138 million in the same quarter of the previous year [6][17] Key Metrics - As of September 30, 2025, StepStone managed approximately $771 billion in total capital, including $209 billion in assets under management (AUM) [4] - The company’s fee-related earnings (FRE) for the quarter were $78.633 million, with a FRE margin of 36% [6][17] - Adjusted net income (ANI) for the quarter was $66.709 million, with ANI per share of $0.54 [6][17] Dividend Information - The Board of Directors declared a quarterly cash dividend of $0.28 per share, an increase from the previous quarter's dividend of $0.24 [1][8] Company Overview - StepStone Group Inc. is a global private markets investment firm that provides customized investment solutions and advisory services, serving a diverse client base including pension funds, sovereign wealth funds, and high-net-worth individuals [4]
StepStone Group to Announce Second Quarter Fiscal 2026 Results on November 6, 2025
Globenewswire· 2025-10-23 12:00
Core Viewpoint - StepStone Group Inc. is set to release its financial results for the second quarter of the fiscal year ending March 31, 2026, on November 6, 2025, after market close [1]. Group 1: Financial Results Announcement - The financial results will be for the quarter ended September 30, 2025 [1]. - A webcast and conference call will be held on the same day at 5:00 pm ET to discuss these results [2]. - The webcast will be accessible on the Shareholders section of the Company's website, with a replay available approximately two hours after the event [2]. Group 2: Company Overview - StepStone Group Inc. is a global private markets investment firm, focusing on customized investment solutions and advisory services [4]. - As of June 30, 2025, the Company managed approximately $723 billion in total capital, including $199 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].
StepStone Group Reports First Quarter Fiscal Year 2026 Results
Globenewswire· 2025-08-07 20:05
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].
StepStone Group to Announce First Quarter Fiscal 2026 Results on August 7, 2025
Globenewswire· 2025-07-24 12:05
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]
StepStone Group Opens Office in Jeonju, South Korea
Globenewswire· 2025-06-04 12:05
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]
StepStone Group to Present at the Morgan Stanley US Financials Conference
Globenewswire· 2025-05-27 12:05
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]