StepStone Group

StepStone Group, Inc. is a global private markets investment firm. It focuses on providing customized investment solutions and advisory and data services to clients. The firm serves public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. The company was founded by Monte M. Brem, Jose A. Fernandez, Steve R. Mitchell, Thomas Porter Keck, and Robert A. Waldo in January 2007 and is headquartered in New York, NY.

Earnings data Q4 2021

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Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

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Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

StepStone reports robust Q1 performance, addresses analyst concerns, and highlights growth opportunities

StepStone's Q1 2023 earnings call showcased strong financial performance, driven by robust growth in fee related assets under management and earnings per share. While the company reported solid results, analyst questions highlighted areas of potential concern and uncertainty. However, opportunities for further expansion and diversification were also evident, with an upcoming Investor Day to present strategic plans.

StepStone reports strong fee-related earnings and eyes diversification opportunities

StepStone's strong fee-related earnings growth and increased management and advisory fees demonstrate the company's resilience and potential for expansion. While facing challenges in diversifying sourcing channels and operational implementation, the company is well-positioned to capitalize on growing co-invest and secondaries opportunities, as well as the potential in real estate special situations secondaries strategy.

StepStone Group reports mixed Q3 results, eyes market opportunities

StepStone Group's Q3 performance reflects a mix of financial strength and challenges in private markets. Despite anticipating market corrections, the company remains optimistic about future volumes and opportunities for growth. With a strategic focus on specialization and margin improvement, StepStone aims to navigate evolving market conditions and drive long-term profitability.

StepStone Group posts solid Q4 results, eyes growth opportunities

StepStone Group's Q4 2023 performance reflects financial strength and operational efficiency, supported by growth in fee related earnings and assets under management.
Despite challenges such as market uncertainties and the impact of external events, StepStone's strategic focus on private markets and investment performance remains robust.
The company's proactive approach to hiring key talent and pursuing growth opportunities underscores their commitment to expanding market presence and driving shareholder value.

StepStone Group reports robust Q1 earnings, eyes growth opportunities

StepStone Group's Q1 2024 performance showcased strong earnings growth, significant inflows, and a focus on diversification and expansion in key markets.
The company's strengths in fee-related earnings, secondaries strategy, and wealth platform growth position it well for future opportunities.
While facing challenges in private equity deal activity and potential hurdles in innovation, StepStone Group has opportunities to leverage its market presence and drive growth.

StepStone Group reports strong Q2 earnings, eyes fee-related growth

StepStone Group delivered solid Q2 2024 earnings, with a focus on fee-related earnings growth and expanding FRE margin over the medium to long term.
Despite challenges like lower net realizations and timing impacts on revenue growth, StepStone remains optimistic about growth and client service.
The company showcased strengths in successful fund closings, strong demand for secondaries investments, and substantial growth in the private wealth platform.
Opportunities lie in real estate recapitalizations, private credit, and technology investments, with a strategic focus on long-term success and doubling fee-related earnings.

StepStone Group reports mixed Q3 results, focuses on expansion

StepStone Group delivered a mixed financial performance in Q3 2024, reporting a GAAP net loss alongside strong fee-related earnings growth and new commitments. The company's strategic focus on acquiring noncontrolling interests and launching new funds reflects a commitment to expansion and innovation.
Despite financial challenges and integration complexities, StepStone's recognition as a top employer, positive LP sentiment, and ongoing fundraising efforts position the firm well for future growth and success. Navigating contingencies and seizing opportunities in key strategies will be crucial for sustained performance.
With a clear emphasis on employee satisfaction, strategic acquisitions, and fund launches, StepStone Group aims to strengthen its market position, enhance investor confidence, and drive long-term value creation. Managing challenges effectively while capitalizing on growth opportunities will be key priorities for the company.

StepStone Group reports robust Q4 performance and outlines growth strategy

StepStone Group delivered a strong performance in Q4 2024, with significant growth in new commitments, private wealth subscriptions, and fee-related earnings.
The company aims to double fee-related earnings over 5 years, expand FRE margins, and sustain margin improvement in fiscal 2025, reflecting a commitment to long-term growth.
Despite challenges in maintaining growth momentum and addressing market uncertainties, StepStone's strategic focus on revenue enhancement and shareholder value creation positions it well for future opportunities.

StepStone Group posts strong Q2 earnings amidst market challenges

StepStone Group delivered strong financial performance in Q2 2025, driven by robust fee-related earnings and adjusted net income growth.
The company's proactive debt management and successful client engagement at the StepStone 360 Conference underscore its financial strength and market positioning.
While facing challenges in liquidity and capital deployment, StepStone Group has opportunities to leverage positive market sentiment, expand offerings, and optimize its capital structure.

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StepStone Group, Inc. is a private markets investment firm. It focuses on providing customized investment solutions and advisory and data services to clients. The firm serves public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. The company was founded by Monte M. Brem, Jose A. Fernandez, Steve R. Mitchell, Thomas Porter Keck, and Robert A. Waldo in January 2007 and is headquartered in New York, NY.

NEW YORK, July 20, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the quarter ended June 30, 2023 after the market closes on Thursday, August 3, 2023. This represents results for the first quarter of the fiscal year ending March 31, 2024.

StepStone Group to Announce First Quarter Fiscal 2024 Results on August 3, 2023

NEW YORK, May 30, 2023 (GLOBE NEWSWIRE) -- StepStone Real Estate (SRE), the real estate arm of private markets investment firm StepStone Group (Nasdaq: STEP), announced today that it was the recipient of the 2023 IPE Real Estate Global Awards' Investment Consultancy of the Year.

StepStone Real Estate Named Consultancy of the Year By IPE Real Estate for Second Consecutive Year

StepStone Group Inc. (NASDAQ:STEP ) Q4 2023 Results Conference Call May 24, 2023 5:00 PM ET Company Participants Seth Weiss - Investor Relations Scott Hart - Chief Executive Officer Jason Ment - President and Co-Chief Operating Officer Mike McCabe - Head of Strategy Johnny Randel - Chief Financial Officer Conference Call Participants Ken Worthington - J.P. Morgan Ben Budish - Barclays Operator Greetings.

StepStone Group Inc. (STEP) Q4 2023 Earnings Call Transcript

StepStone Group Inc. (STEP) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.38 per share a year ago.

StepStone Group Inc. (STEP) Q4 Earnings Lag Estimates

NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today reported results for the fourth quarter and full fiscal year ended March 31, 2023. The Board of Directors of the Company has declared a quarterly cash dividend of $0.20 per share of Class A common stock, and a supplemental dividend of $0.25 per share of Class A common stock, both payable on June 30, 2023, to the holders of record as of the close of business on June 15, 2023.

StepStone Group Reports Fourth Quarter And Fiscal Year 2023 Results

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the fourth quarter and fiscal year ended March 31, 2023, after the market closes on Wednesday, May 24, 2023.

StepStone Group to Announce Fourth Quarter and Fiscal 2023 Results on May 24, 2023

NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, has released its annual Environmental, Social & Governance (ESG), Task Force on Climate-related Financial Disclosures (TCFD), and Diversity, Equity & Inclusion (DEI) reports.

StepStone Group Publishes 2022 ESG and TCFD Reports

NEW YORK, April 18, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) will host an Investor Day in New York City on Tuesday, June 6, 2023 at 10:00 AM ET. Members of StepStone's senior management team, including the heads of each asset class, will present on the company's progress, strategy, and outlook. For those that are unable to attend in person, a live webcast of the management presentation will be accessible on the Company's website at https://shareholders.stepstonegroup.com. A replay will be available on the Shareholders section of the company's website following the conclusion of the event.

StepStone Group to Host Investor Day on June 6, 2023

StepStone Group Inc. (NASDAQ:STEP ) Q3 2023 Earnings Conference Call February 9, 2023 5:00 PM ET Company Participants Seth Weiss - Head, Investor Relations Scott Hart - Chief Executive Officer Jason Ment - President and Co-Chief Operating Officer Mike McCabe - Head, Strategy Johnny Randel - Chief Financial Officer Conference Call Participants Ken Worthington - JPMorgan Adam Beatty - UBS Ben Budish - Barclays Michael Cyprys - Morgan Stanley Alex Blostein - Goldman Sachs John Dunn - Evercore Operator Greetings and welcome to StepStone Fiscal Third Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

StepStone Group Inc. (STEP) Q3 2023 Earnings Call Transcript

StepStone Group Inc. (STEP) delivered earnings and revenue surprises of 0% and 4.15%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

StepStone Group Inc. (STEP) Matches Q3 Earnings Estimates

NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today reported results for the quarter ended December 31, 2022. This represents results for the third quarter for the fiscal year ending March 31, 2023. The Board of Directors of the Company has declared a quarterly cash dividend of $0.20 per share of Class A common stock, payable on March 15, 2023, to the holders of record as of the close of business on February 28, 2023.

StepStone Group Reports Third Quarter Fiscal Year 2023 Results

NEW YORK, Jan. 31, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that Mike McCabe, Head of Strategy, is scheduled to present at the BofA Securities Financial Services Conference on Tuesday, February 14, 2023 at 3:20 pm ET. A live webcast and replay will be accessible through the StepStone website at https://shareholders.stepstonegroup.com.

StepStone Group to Present at the BofA Securities Financial Services Conference

NEW YORK, Jan. 31, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory, data and administrative services, has named 10 new partners and 19 new managing directors.

StepStone Group Announces 2023 Partner and Managing Director Promotions

NEW YORK, Jan. 26, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the quarter ended December 31, 2022 after the market closes on Thursday, February 9, 2023. This represents results for the third quarter of the fiscal year ending March 31, 2023.

StepStone Group to Announce Third Quarter Fiscal 2023 Results on February 9, 2023

StepStone Group has done quite well since it went public in 2020. The investment firm posts very variable and volatile results, due to its carried interest exposure.

StepStone Group: Not Stepping Up Here

CIXX vs. STEP: Which Stock Is the Better Value Option?

Platform also completes first close of StepStone Private Venture and Growth Fund with over $100 million Platform also completes first close of StepStone Private Venture and Growth Fund with over $100 million

StepStone Conversus Rebranded as StepStone Private Wealth; Surpasses $1 Billion in AUM

SAN DIEGO--( BUSINESS WIRE )--"To help service members navigate the financial strain that can come with the commitment to serving in the military, nonprofit Support The Enlisted Project (STEP) has partnered with leading information services company Experian for financial literacy and credit education support. The partnership will bolster STEP's Emergency Financial Assistance (EFA) program, a financial behavior intervention which melds five social work modalities and a change management process that helps young military members move from a financial crisis toward a lifetime of financial self-sufficiency.

Support the Enlisted Project Partners with Experian to Support the Military Community

STEP Energy Services Ltd. (OTCPK:SNVVF) Q3 2022 Earnings Conference Call November 3, 2022 12:00 PM ET Company Participants Dana Brenner - Investor Relations Steve Glanville - President and Chief Executive Officer Klaas Deemter - Chief Financial Officer Conference Call Participants John Gibson - BMO Capital Markets Josef Schachter - Schachter Energy Research Operator Ladies and gentlemen, welcome to the STEP Energy Services Q3 2022 Earnings Webcast Conference Call.

STEP Energy Services Ltd. (SNVVF) Q3 2022 Earnings Call Transcript

StepStone Group Inc. (NASDAQ:STEP ) Q2 2023 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Seth Weiss - MD of Corporate IR Scott Hart - CEO Michael McCabe - Head of Strategy & Director Johnny Randel - CFO Jason Ment - President & Co-COO Conference Call Participants Ben Budish - Barclays Michael Cho - JPMorgan Samantha Platt - Bank of America Merrill Lynch Adam Beatty - UBS Alex Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Operator Welcome to the StepStone Fiscal Second Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

StepStone Group Inc. (STEP) Q2 2023 Earnings Call Transcript

StepStone Group Inc. (STEP) delivered earnings and revenue surprises of 17.86% and 7.80%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

StepStone Group Inc. (STEP) Beats Q2 Earnings and Revenue Estimates

NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the quarter ended September 30, 2022 after the market closes on Thursday, November 3, 2022. This represents results for the second quarter of the fiscal year ending March 31, 2023.

StepStone Group to Announce Second Quarter Fiscal 2023 Results on November 3, 2022

First Opportunity for European Investors to Access StepStone's Semi-Liquid, Core Private Markets Strategy First Opportunity for European Investors to Access StepStone's Semi-Liquid, Core Private Markets Strategy

StepStone Conversus Announces First Close of StepStone (Luxembourg) SCA SICAV-RAIF – StepStone Private Markets at Over US$100 Million

NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) -- StepStone Real Estate (SRE), the real estate arm of private markets investment firm StepStone Group (Nasdaq: STEP), announced today that Yasmine Uzmez has joined the firm as a Managing Director on its business development team. Ms. Uzmez will be based in StepStone's New York office.

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