StepStone Group Stock (NASDAQ:STEP)
Previous Close
$50.74
52W Range
$38.85 - $77.80
50D Avg
$46.48
200D Avg
$53.27
Market Cap
$6.45B
Avg Vol (3M)
$1.39M
Beta
1.28
Div Yield
$1.72 (3.44%)
STEP Company Profile
StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, 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, power, utilities consumer staples, financials, telecommunication services, clean energy/renewables, transport, social, natural capital, infrastructure, corporate, real estate, credit 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. 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. The firm seeks to make minority and majority investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, South Korea, Europe, Australia and Asia.
STEP Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Mar 26 | Mar 25 | Mar 24 |
|---|---|---|---|
| Incentive Fees | $220.13M | $32.27M | $25.34M |
| Management And Advisory Fees, Net | $926.47M | $767.01M | $585.14M |
| Carried Interest Allocation | $708.29M | $301.20M | $176.31M |
| Legacy Carried Interest Allocation | $138.71M | $74.34M | $-75.16M |
| Management And Advisory Fees, Net, Focused Commingled Funds | - | $440.13M | $295.93M |
| Management And Advisory Fees, Net, Fund Reimbursement Revenues | - | $7.11M | $5.20M |
| Management And Advisory Fees, Net, Separately Managed Accounts | - | $252.71M | $223.96M |
| Carried Interest Allocation, Focused Commingled Funds | - | $129.40M | $33.90M |
| Carried Interest Allocation, Separately Managed Accounts | - | $171.80M | $142.41M |
| Performance Fees | - | $407.82M | - |
| Legacy Carried Interest Allocation, Focused Commingled Funds | - | $74.30M | $-76.19M |
| Legacy Carried Interest Allocation, Separately Managed Accounts | - | $37.00K | $1.03M |
| Legacy Gross Carried Interest Allocation, Focused Commingled Funds | - | $63.10M | $59.70M |
| Incentive Fees, Focused Commingled Funds | - | $23.40M | $9.04M |
| Incentive Fees, Separately Managed Accounts | - | $8.88M | $16.29M |
| Management And Advisory Fees, Net, Advisory And Other Services | - | $67.06M | $60.06M |
Fiscal year ends in Mar 26 | Currency in USD