Funds & buyers · Public multi-strategy manager
StepStone Group
StepStone Group is a global private-markets investment firm that provides customized investment solutions — including primary fund commitments, secondaries, co-investment, and advisory and data services — to institutional and, increasingly, individual investors. The firm went public on Nasdaq under the ticker STEP.
Secondaries is one of several core strategies rather than StepStone's sole focus, but the firm has built a substantial dedicated secondaries business investing across private equity, infrastructure, real estate, and private debt fund stakes and GP-led transactions.
As of December 2024, StepStone reported approximately $179 billion in assets under management across its platform, with its secondaries team recognized among industry award programs for continuation vehicle and LP-portfolio transactions.
Worth knowing
Publicly traded, which means its secondaries performance and fee economics are disclosed in SEC filings — unusual transparency for the industry.
See the full buyer directory, or read the glossaryfor the terms (LP-led, GP-led, continuation fund) that describe how firms like this actually transact.