STEPSTONE GROUP INC CLASS A (STEP)
Financials · Private markets asset management and advisory · NASDAQ
A global private markets investment advisor managing $885 billion in capital across customized portfolios of private equity, infrastructure, debt, and real estate for institutional and wealth clients.
What STEPSTONE GROUP INC CLASS A does
StepStone Group is a global private markets investment firm that provides customized investment solutions, advisory services, and data platforms to institutional investors, pension funds, sovereign wealth funds, and high-net-worth individuals. The company manages separately managed accounts and commingled funds across private equity, infrastructure, private debt, and real estate asset classes, employing primaries, secondaries, and co-investment strategies. As of March 31, 2026, StepStone was responsible for approximately $885 billion of total capital, comprising $233 billion of assets under management (AUM) and $652 billion of assets under advisement (AUA). The firm operates through a global platform spanning 31 cities across 19 countries, supported by proprietary data and technology platforms including SPI Research, SPI Reporting, and SPI Pacing.
Themes: ["Private equity fund solutions","Infrastructure investing","Private debt solutions","Real estate investing","Institutional asset management","Pension fund advisory","Wealth management for high-net-worth individuals","Private markets data and analytics"]
Fundamentals
- Price$43.68 as of 2026-07-09 close
- Market cap$5.2B as of 2026-07-10
- 1-year return-26.6% as of 2026-07-09 close
- Net margin-26.5% as of 2026-07-10
- Gross margin+72.6% as of 2026-07-10
- ROE-98.4% as of 2026-07-10
- Debt / equity1.75 as of 2026-07-10
- Revenue growth (YoY)+70.8% as of 2026-07-10
- Beta1.28 as of 2026-07-10
Dividend: yield +2.6%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on successful integration of acquired businesses such as Greenspring Associates and continued organic growth in a competitive private markets fundraising environment","Concentration risk tied to private markets asset class performance; declines in private equity, infrastructure, real estate or private debt valuations and returns could reduce client allocations and fee-generating AUM/AUA","Regulatory and compliance risks across multiple jurisdictions (19 countries, 31 cities) and evolving private markets regulation affecting investment operations and advisory services"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.