Core Insights - StepStone Group Inc. has announced the appointment of 11 new partners, 1 new senior managing director, and 18 new managing directors, reflecting the firm's growth and strong performance [1][2] Company Overview - StepStone Group Inc. is a global private markets investment firm that provides customized investment solutions, advisory, and data services [6] - As of December 31, 2025, StepStone managed approximately $811 billion in total capital, including $220 billion in assets under management [6] - 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 [6] Leadership Changes - Scott Hart, Partner and CEO, expressed pride in recognizing the new leaders for their contributions to client results and the firm's success [2] - Phil Cummins has been appointed as the new Senior Managing Director, focusing on Venture Capital and Growth Equity [3] - The new Managing Directors come from various teams, including Private Equity, Venture Capital and Growth Equity, Business Development, Private Debt, and Real Estate [5]

Core Viewpoint - StepStone Group Inc. has authorized a stock repurchase program of up to $100 million for its Class A common stock, reflecting its capital-efficient business model and commitment to returning value to shareholders [1][2]. Group 1: Stock Repurchase Program - The stock repurchase program allows StepStone to buy back shares through various means, including open market purchases and privately negotiated transactions, with the timing and amount determined by management based on market conditions [2]. - The program is designed to complement the company's ongoing dividend strategy, which includes a recurring annual supplemental dividend alongside its normal quarterly dividend [2]. Group 2: Financial Performance and Client Base - As of December 31, 2025, StepStone managed approximately $811 billion in total capital, with $220 billion in assets under management, indicating a strong position in the private markets investment sector [3]. - The company serves a diverse clientele, including large public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals, showcasing its broad market reach [3].

Core Insights - StepStone Real Estate (SRE) has been recognized with two first place ranks by PERE, highlighting its leadership in the real estate sector [1][4] - The company received the European Deal of the Year award for the recapitalization of Vitalia, emphasizing the success of its GP-led secondaries platform [2][4] Company Overview - StepStone Group Inc. is a global private markets investment firm managing approximately $811 billion in total capital, with $220 billion in assets under management as of December 31, 2025 [3] - The firm's clientele includes major public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals [3] - StepStone focuses on developing customized investment solutions across private equity, infrastructure, private debt, and real estate asset classes [3]

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]

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].

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].

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]

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]

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].

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].