StepStone Group

📃Our latest whitepaper provides an update on trends in direct lending and explores why it continues demonstrating the potential for stable, attractive returns even amid a more challenging macroeconomic backdrop. Key takeaways include: - Returns remain strong by historical standards across US and European markets. - Spreads continued to compress in 1H25. This was mainly driven by sustained competition for high quality companies combined with an imbalance of supply and demand for loans. High and persistent economic uncertainty may lead to wider spreads ahead. - Fundamentals are showing early signs of improvement, with interest coverage ratios beginning to recover as some central banks ease policy rates. Read the full paper to learn more: https://xmrrwallet.com/cmx.pbit.ly/45E5TLf

StepStone Group reported results for the first quarter of fiscal year 2026. Visit our shareholder page to listen to the replay ▶️ https://xmrrwallet.com/cmx.pbit.ly/3AWPanE

We're excited to officially welcome our full-time analyst class, joining us through the 2025 First STEP Program, to StepStone offices across the US. This talented group of early-career professionals is stepping into the world of private markets with curiosity, drive, and foundational skills built through academic and leadership experience. The First STEP Program provides hands-on exposure and structured development opportunities that set the stage for long-term success. We're proud to invest in the next generation of professionals, and we can't wait to see what they'll accomplish. #StepStoneFirstSTEP #StepStoneEarlyCareers #FutureLeaders

In our latest paper, we introduce private debt as a dynamic asset class that can offer investors stable cash flows, strong returns and resilience across market cycles. Part of our “1,000 Words or Less” series, the paper delivers quick insights into the fundamentals of private debt and why it’s becoming a core portfolio allocation for a broader range of investors. Read the full paper to learn more: https://xmrrwallet.com/cmx.pbit.ly/471tQxd #PrivateDebt #StepStoneGroup

StepStone was proud to contribute to a DCALTA - Defined Contribution Alternatives Association whitepaper on the evolving role of private credit in Defined Contribution (DC) plans. The paper explores how private credit can responsibly be integrated into Participant Investment Options (PIOs), particularly within Target Date Funds and other multi-asset portfolios. Read the full article below:

🚀 #STEPVC is excited to participate in SiMa.ai’s $85M funding round, backing a category-defining platform that brings high-performance, low-power AI to real-world applications—from smart cities to autonomous systems and beyond. This investment reflects our continued focus on transformative technologies and visionary founders reshaping how AI meets the physical world. Congratulations to Founder & CEO Krishna Rangasayee and the entire SiMa.ai team on this important milestone! Press Release: https://xmrrwallet.com/cmx.pprn.to/3U9p60Y #VentureCapital #EdgeAI #AI

Today, we recognize the contributions of our 2025 Summer Intern Class at #StepStone. We take pride in creating an environment where early career talent can gain meaningful experience, build lasting relationships, and explore the many pathways within private markets. To our interns - thank you for your energy, insights, and the impact you're already making here. Check out what some of them have to say so far! 🗣️ #NationalInternDay #StepStoneEarlyCareers #StepStoneInterns

#STEPVC is proud to back Trunk Tools in their $40M Series B to help solve one of construction’s biggest challenges: productivity. Built by builders, for builders, Trunk Tools is leading the way with AI agents already deployed across hundreds of jobsites—automating workflows, surfacing insights, and transforming how teams operate on the ground. Congratulations to Sarah Buchner and the entire Trunk Tools team on this major milestone. We’re excited to continue supporting your mission to let builders build. #ConstructionAI #LetBuildersBuild #FundingAnnouncement 🔗 Exclusive from Business Insider: https://xmrrwallet.com/cmx.plnkd.in/eeETyFTb 🔗 Series B Press Release: https://xmrrwallet.com/cmx.plnkd.in/e9Jr6CRt

We’re excited to announce the opening of StepStone’s new office in Milan, marking another important milestone in our growth across Europe. Located in the heart of the city, this new space reflects our continued commitment to serving Italy’s private banks, family offices and wealth managers while complementing our longstanding work with insurance companies, pension funds and large institutional clients. Read more: https://xmrrwallet.com/cmx.pbit.ly/4o3v9lf #StepStone #MilanOffice #PrivateMarkets

Infrastructure secondaries is on the rise. In our latest episode of RPM, Tim Rees, CFA, a Partner on StepStone’s Infrastructure and Real Assets Team, joins co-host Michael Venne, CAIA to discuss the drivers behind this growth, the advantages of data-driven underwriting and why now may be an especially attractive time for investors to explore this opportunity. 🎧 Listen now: https://xmrrwallet.com/cmx.pbit.ly/3IzFfub #InfrastructureInvesting #Secondaries #PrivateMarkets #SIRA