StepStone Group Inc.

StepStone Group and PitchBook announced the general availability of SPI Deal Benchmarking, a solution providing deal-level performance and operating metrics directly within PitchBook workflows. This offering enables fund managers, investors, and service providers to access institutional-grade, granular benchmarking across various private market strategies. The solution aims to offer clearer insights into performance drivers, support rigorous deal underwriting, and enhance investor relations and investment strategy. This launch follows their partnership announcement in May 2026.

StepStone Group Inc. and StepStone Group LP completed the third exchange on May 29, 2026, as part of previously announced transactions to acquire equity interests in StepStone Group Real Estate LP, StepStone Group Real Assets LP, and StepStone Group Private Debt AG. This exchange involved acquiring approximately 5% of each Asset Class Entity, bringing the Partnership's total ownership to about 65% in each entity. The consideration included approximately $10 million in cash, 972,685 shares of Class A Common Stock, and 2,438,273 Class D Units, issued under Section 4(a)(2) of the Securities Act.

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.

StepStone Group Inc. announced that its CEO, Scott Hart, and Head of Strategy, Mike McCabe, are scheduled to present at the Morgan Stanley US Financials Conference. The presentation will occur on Tuesday, June 9, 2026, at 11:15 am ET. A live webcast and replay of the event will be accessible through the company's shareholder relations website.

StepStone Group reported its financial results for the fourth quarter and full fiscal year ended March 31, 2026, showing robust revenue growth and significant increases in assets under management. For the full fiscal year 2026, total revenues surged 70% to $1.99 billion, while the company recorded a GAAP net loss of $(743.3) million, a substantial increase from the prior year. Despite the GAAP loss, Adjusted Net Income (ANI) for FY26 increased by 8% to $264.6 million, and Fee-Related Earnings (FRE) grew by 14% to $354.4 million. The Board of Directors also declared a quarterly cash dividend of $0.28 per share and a supplemental cash dividend of $0.55 per share.

StepStone Group reported its financial results for the fourth quarter and fiscal year ended March 31, 2026, showcasing significant growth in revenues and assets under management. The company's Board of Directors declared a quarterly cash dividend of $0.28 per share and a supplemental cash dividend of $0.55 per share of Class A common stock. While GAAP net loss increased, non-GAAP adjusted net income and key business drivers demonstrated strong positive performance.

StepStone Group Inc. announced the appointment of Taylor Benson as Head of U.S. Defined Contribution, leading the expansion of the firm's retirement efforts. This role reflects growing interest in private markets among retirement plan sponsors and fiduciaries. Benson will focus on helping fiduciaries evaluate and implement diversified private markets exposure aligned with plan governance, and StepStone is developing new collective investment trust (CIT) structures for retirement portfolios.

StepStone Group announced its integration into LSEG's Digital Markets Infrastructure (DMI) platform, aiming to enhance professional investor access to private funds. This collaboration leverages distributed ledger technology to streamline private fund distribution and reduce barriers to entry for investors. StepStone is one of the initial private markets managers to offer its evergreen strategies across private equity, private debt, and infrastructure on the DMI platform, further deepening its relationship with LSEG following the launch of the FTSE StepStone Global Private Market Indices in October 2025.

StepStone Group and PitchBook announced a partnership to integrate StepStone's deal-level benchmarks into the PitchBook platform. This collaboration aims to enhance transparency and provide deeper insights into private markets performance and operating metrics for fund managers, investors, and service providers. The offering, expected in Q2 2026, will deliver institutional-grade analytics across private equity, venture capital, growth equity, and infrastructure deals.

StepStone Group Inc. announced the final closing of its StepStone Credit Opportunities Fund II (SCOF II) with over $1.58 billion in commitments, significantly surpassing its $750 million target. The fund, which held its final close on March 31, 2026, will invest in various private credit strategies, primarily through secondaries and co-investment transactions. This successful closing reflects strong investor demand for flexible credit strategies and confidence in StepStone's private debt platform.