Business UpdateMay 27, 2026, 04:12 PM
StepStone Group Reports $885B Total Capital, $926M FY26 Fees
AI Summary
StepStone Group Inc. reported its annual business overview, highlighting significant growth in its total capital responsibility, which reached approximately $885 billion as of March 31, 2026. This included $233 billion in Assets Under Management (AUM) and $652 billion in Assets Under Advisement (AUA). The company also saw its management and advisory fees grow to $926 million in fiscal 2026, representing a 27% compounded annual growth rate since fiscal 2021. StepStone emphasized its strong investment performance track record and a scalable business model supported by a global presence and proprietary technology.
Key Highlights
- Total capital responsibility reached $885 billion as of March 31, 2026.
- Assets Under Management (AUM) were $233 billion and AUA was $652 billion.
- Management and advisory fees grew to $926 million in fiscal 2026.
- Accrued carried interest allocations balance was $2,037 million as of March 31, 2026.
- The company had $40.1 billion of committed but undeployed fee-earning capital.
- Private Equity Secondaries achieved a 17.6% NET IRR as of December 31, 2025.
- Class A common stock held by non-affiliates was $5.11 billion on September 30, 2025.
Price Impact
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