StepStone Group LP (STEP)

35.49 -0.58 (-1.61%) At close: 04:00PM EDT

StepStone Group LP

4225 Executive Square
Suite 1600
La Jolla, CA 92037
United States
858 558 9700
https://www.stepstonegroup.com

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 980

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Monte M. Brem J.D.	Co-Founder & Executive Chairman	2.41M	N/A	1968
Mr. Scott Hart	CEO, Head of Private Equity, Director & Partner	3M	N/A	1980
Mr. Jason Paul Ment J.D.	Partner, President & Co-COO	2.56M	N/A	1977
Mr. Jose A. Fernandez J.D.	CO-COO, Director & Partner	3.4M	N/A	1971
Mr. Thomas Keck	Partner, Head of Research and Portfolio Management & Director	3.43M	N/A	1966
Mr. Michael I. McCabe	Partner, Head of Strategy & Director	4.24M	N/A	1969
Mr. David Y. Park	Partner & CFO	N/A	N/A	1974
Mr. Anthony Keathley	MD & Chief Accounting Officer	N/A	N/A	1982
Mr. Seth Weiss	Managing Director of Corporate Investor Relations - New York	N/A	N/A	N/A
Ms. Jennifer Yayoi Ishiguro	Partner, Chief Legal Officer & Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

StepStone Group LP. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, private equity and buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. It typically invests between $15 million and $200 million in companies. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. StepStone Group LP. was founded in 2007 and is based in LA Jolla, California with additional offices across North America, South America, Europe, Australia, Asia, New York, New York.

Corporate governance

StepStone Group LP’s ISS governance QualityScore as of 29 April 2024 is 10. The pillar scores are Audit: 5; Board: 10; Shareholder rights: 10; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.