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StepStone Hits $21B in Private Wealth AUM

PE International •
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StepStone Group’s venture‑ and growth‑focused SPRING vehicle stayed a standout performer during the quarter, attracting nearly $1.7 billion in new subscriptions, CEO Scott Hart reported. The deal‑heavy platform continues to attract investors looking for high‑growth, high‑return opportunities.

The firm has more than doubled the net asset value of its private‑wealth funds over the past year. Executives noted that this growth trajectory is supported by a robust pipeline and disciplined sourcing, giving the firm no obvious ceiling for longer‑term expansion.

Overall private‑wealth assets topped $21 billion in the quarter, a milestone that reflects StepStone’s expanding market share and the efficacy of its investment strategies. The platform also generated roughly $2.8 billion in returns during the same period.

With these results, StepStone demonstrates resilience in a competitive landscape, reinforcing its position as a leader in alternative investment solutions and positioning the firm for continued growth as new opportunities arise.