StepStone Group Announces 2023 Partner and Managing Director Promotions

Rhea-AI Summary

StepStone Group Inc. (Nasdaq: STEP) has announced the promotion of 10 new partners and 19 managing directors, reflecting the firm's commitment to client service and expertise. CEO Scott Hart praised the talent and dedication of the newly promoted individuals. The firm, which manages approximately $602 billion in total capital and $135 billion in assets under management as of September 30, 2022, continues to cater to a diverse clientele, including pension funds, sovereign wealth funds, and high-net-worth individuals. StepStone specializes in customized investment solutions across private equity, infrastructure, private debt, and real estate.

Positive

• Promotion of 10 new partners enhances leadership and expertise.
• Addition of 19 new managing directors strengthens operational capabilities.
• StepStone manages approximately $602 billion in total capital, reflecting robust growth.
• The firm has $135 billion in assets under management, indicating strong client trust.

Negative

• None.

NEW YORK, Jan. 31, 2023 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory, data and administrative services, has named 10 new partners and 19 new managing directors.

Partner and CEO Scott Hart said, “This group of individuals has demonstrated exceptional talent, dedication to client service, and expertise in their respective domains. Congratulations to all on their well-deserved promotions.”

2023 Partner Class:

• Alex Abrams joined StepStone in 2016 and is based in Miami. He is a member of the real estate investment team.
• Alberto Basave joined StepStone in 2013 and is a member of the business development team, focusing on Mexico where he works with a variety of clients such as Afores, insurance companies, independent advisors, private banking platforms, and family offices.
• Bryan Bedard joined StepStone in 2018 and is based in Toronto. He is a member of the infrastructure and real assets team.
• Sid Chandrasekaran joined StepStone in 2017 and is based in London. He is a member of the infrastructure and real assets team.
• Philippe Ferneini joined StepStone in 2019 and is based in London. He is a member of the private equity team, focusing on secondaries.
• Andrew Mitro joined StepStone in 2018 and is based in Cleveland. He is a member of the real estate team, focusing on investment and portfolio management activities.
• Adam Reisler joined StepStone in 2016 and is based in Sydney. He is a member of the infrastructure and real assets team.
• Mark Stulic joined StepStone in 2016 and is based in Sydney. He is a member of the infrastructure and real assets team.
• Randy Wang joined StepStone in 2016 and is based in Beijing. He is a member of the private equity team, focusing on private equity and venture capital managers and co-investments across the Asia-Pacific region.
  

New Managing Directors:

• Yuki Asari, Business Development, Tokyo
• Sophie Aslan, Private Debt, London
• Rena DiLoreto, Finance & Accounting, La Jolla
• Nick Disyamonthon, Fund Accounting, La Jolla
• Aditya Fontana-Raina, Private Equity, New York
• Anthony Giambrone, Venture Capital & Growth Equity, Baltimore
• Jeremy Goldberg, Real Estate, Cleveland
• Anthony Keathley, Finance & Accounting, La Jolla
• Carson Kvaternik, Private Equity, La Jolla
• Marc Lickes, Private Debt, Zurich
• Nitin Malik, Human Resources, New York
• Devin Minkoff, Finance & Accounting, La Jolla
• Anja Ritchie, Real Estate, Frankfurt
• Marc Rivitz, Real Estate, Cleveland
• Matthew Roche, Private Equity, New York
• Denise Romero, Finance & Accounting, La Jolla
• Jovan Samardzic, Private Debt, Zurich
• Greg Wallem, Venture Capital & Growth Equity, La Jolla
• Stephen West, Venture Capital & Growth Equity, Baltimore
  

About StepStone

StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory, data and administrative services to its clients. As of September 30, 2022, StepStone was responsible for approximately $602 billion of total capital, including $135 billion of assets under management. StepStone's clients include some of the world's largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

Contacts

Media:
Brian Ruby / Chris Gillick, ICR
StepStonePR@icrinc.com
1-203-682-8268

FAQ

What recent changes were announced by StepStone Group Inc. on January 31, 2023?

StepStone Group Inc. announced the promotion of 10 new partners and 19 new managing directors.

What is the significance of the new promotions at StepStone Group?

The promotions reflect StepStone's commitment to client service and enhance the firm's leadership and operational expertise.

How much capital does StepStone Group manage as of September 30, 2022?

As of September 30, 2022, StepStone Group manages approximately $602 billion in total capital.

What types of investment solutions does StepStone Group provide?

StepStone Group provides customized investment solutions across private equity, infrastructure, private debt, and real estate.