{"url":"https://nivawealth.com/firms/stepstone-group-143635","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/143635","regulatoryAum":107824428426,"crd":"143635","secFileNumber":"801-68079","legalName":"Stepstone Group LP","displayName":"Stepstone Group","website":"https://www.stepstonegroup.com/","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"March","headquarters":{"street":"4225 Executive Square, Suite 1600","city":"La Jolla","state":"CA","stateName":"California","country":"United States","postalCode":"92037"},"tradeNames":[],"registration":{"secApproved":"27 July 2007","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":978,"advisory":209,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":95348232878,"discretionaryAccounts":365,"nonDiscretionary":12476195548,"nonDiscretionaryAccounts":47,"wrapProgram":null,"nonUsClientsPct":37,"nonAumClients":149},"clientTypes":[{"label":"High-net-worth individuals","clients":14,"regulatoryAum":0},{"label":"Banking or thrift institutions","clients":9,"regulatoryAum":0},{"label":"Investment companies","clients":18,"regulatoryAum":0},{"label":"Pooled investment vehicles","clients":413,"regulatoryAum":107824428426},{"label":"Pension and profit-sharing plans","clients":20,"regulatoryAum":0},{"label":"Charitable organizations","clients":19,"regulatoryAum":0},{"label":"State or municipal government entities","clients":20,"regulatoryAum":0},{"label":"Other investment advisers","clients":28,"regulatoryAum":0},{"label":"Insurance companies","clients":13,"regulatoryAum":0},{"label":"Sovereign wealth funds and foreign official institutions","clients":4,"regulatoryAum":0},{"label":"Corporations and other businesses","clients":3,"regulatoryAum":0}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Stepstone Group has custody of $80.42B for 412 clients.","otherCustodians":[],"leadership":[{"name":"Scott Hart","title":"Partner, Chief Executive Officer","crd":"4689837"},{"name":"Jason Ment","title":"Partner, President and Co-Chief Operating Officer","crd":"5512276"},{"name":"David Park","title":"Partner, Chief Financial Officer","crd":"7645904"},{"name":"Jose Fernandez","title":"Co-Chief Operating Officer, Partner","crd":"4915212"},{"name":"Bendukai Bouey","title":"Chief Compliance Officer","crd":"2288174"},{"name":"Jennifer Ishiguro","title":"Partner, Chief Legal Officer","crd":"7269417"},{"name":"Thomas Keck","title":"Partner, Head of Portfolio Management","crd":"5319900"}],"ownership":[{"label":"Stepstone Group Inc.","detail":"Limited partner in the 50% to 75% ownership band and a control person, since September 2020. Also a sole managing member of Stepstone Group Holdings LLC in the 75% or more band and a control person, since September 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":9,"privateResidences":0},"listedOfficeAddresses":4,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"4225 Executive Square, Suite 1600","city":"La Jolla","headquarters":true},{"street":"228 Hamilton Avenue, 3rd Floor","city":"Palo Alto"}]},{"state":"Maryland","offices":1,"addresses":[{"street":"100 Painters Mill Road","city":"Owings Mills"}]},{"state":"New York","offices":1,"addresses":[{"street":"277 Park Ave","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"858-558-9700","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":409},"sources":{"adv1FilingDate":"30 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/143635/PDF/143635.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Stepstone Group have?","answer":"Stepstone Group has 561 clients and manages $107.8 billion for them, as of July 2026. They include 413 pooled investment vehicles, 28 other investment advisers and 20 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Stepstone Group offer?","answer":"Stepstone Group provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Stepstone Group have?","answer":"Stepstone Group has 0 investment adviser representatives registered with state securities authorities, out of 978 employees, and 209 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Stepstone Group?","answer":"Stepstone Group’s direct owner is Stepstone Group Inc. (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 30 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Stepstone Group get paid?","answer":"Stepstone Group is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/stepstone-group-143635/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-13","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1502287/000119312526349455/0001193125-26-349455-index.html","totalValue":2158182324,"positionCount":23,"top10Share":0.9924178115917143,"top10":[{"issuer":"SPACE EXPLORATION TECHN CORP","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":1869333130,"shares":10940730,"shareType":"SH"},{"issuer":"STUBHUB HLDGS INC","titleOfClass":"CL A","cusip":"86384P109","value":97325836,"shares":7562225,"shareType":"SH","priorValue":47188284,"priorShares":7562225},{"issuer":"CEREBRAS SYSTEMS INC","titleOfClass":"COM CL 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dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}