STEP 📈 Stepstone - Overview

StepStone Group Inc. operates as a multifaceted private equity and venture capital firm, focusing on a wide range of investment strategies including direct investments, fund of funds, secondary direct, and secondary indirect investments. In terms of direct investments, the firm targets a broad spectrum of opportunities such as private debt, venture debt, incubation, mezzanine, distressed or vulture investments, seed and startup financing, early to late-stage venture capital, emerging growth investments, and later-stage investments. Additionally, it engages in growth capital investments, industry consolidation, recapitalization, and buyout transactions, primarily in mature and middle-market companies.

The firm's investment scope is diverse, covering various sectors including natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants, leisure, media, retailing, power, utilities, consumer staples, financials, telecommunications services, clean energy and renewables, transport, social and natural capital, infrastructure, corporate, real estate, credit, and real assets. Geographically, StepStone Group Inc. invests globally, with a significant focus on regions such as the United States, North America, Europe, Asia, Latin America, the Middle East, Africa, and countries like Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia. Notably, the firm allocates between 5% and 40% of its investments to emerging markets, recognizing the growth potential in these regions.

For its fund of funds investments, StepStone Group Inc. seeks to invest in a variety of funds including private equity funds, venture capital funds, special situation funds, real estate funds, infrastructure funds, mezzanine funds, and turnaround or distressed funds. The firm considers both domestic and international funds for investment, aiming to create a diversified portfolio. It also engages in co-investments and follow-on investments, and may consider acquiring partial interests in funds, providing it with flexibility in its investment approach.

Founded in 2007, StepStone Group Inc. is headquartered in New York, New York, with a global presence through additional offices across North America, South America, Europe, Australia, and Asia. This extensive network enables the firm to leverage local market expertise and identify investment opportunities worldwide. With its comprehensive investment approach and global reach, StepStone Group Inc. is well-positioned to navigate the complex landscape of private equity and venture capital investments, catering to a wide range of clients and investment goals.