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].

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]