StepStone Group Closes Fourth Tactical Growth Fund with Over $700 Million in Capital Commitments
StepStone Group (Nasdaq: STEP) has successfully raised $705 million for its fourth StepStone Tactical Growth Fund (STGF IV), focusing on growth equity market opportunities. The fund attracted diverse investors including sovereign wealth funds, public pensions, and family offices.
STGF IV targets founder-led businesses in technology and healthcare sectors outside traditional venture capital, seeking companies with rapid topline growth, strong margins, and minimal leverage. The fund is managed by StepStone's Venture Capital and Growth Equity Team, which deploys approximately $5.5 billion annually across various investment types.
With over 80 dedicated investment professionals, StepStone implements flexible investment strategies including direct co-investments, continuation vehicles, and secondary transactions.
StepStone Group (Nasdaq: STEP) ha raccolto con successo 705 milioni di dollari per il suo quarto StepStone Tactical Growth Fund (STGF IV), focalizzato sulle opportunità nel mercato del capitale di crescita. Il fondo ha attratto investitori diversificati, tra cui fondi sovrani, pensioni pubbliche e family office.
STGF IV si rivolge a imprese guidate dai fondatori nei settori della tecnologia e della sanità, al di fuori del tradizionale capitale di rischio, cercando aziende con una rapida crescita del fatturato, margini solidi e un basso indebitamento. Il fondo è gestito dal team Venture Capital e Growth Equity di StepStone, che investe circa 5,5 miliardi di dollari all'anno in diverse tipologie di investimenti.
Con oltre 80 professionisti dedicati agli investimenti, StepStone applica strategie flessibili che includono co-investimenti diretti, veicoli di continuazione e transazioni secondarie.
StepStone Group (Nasdaq: STEP) ha recaudado con éxito 705 millones de dólares para su cuarto StepStone Tactical Growth Fund (STGF IV), centrado en oportunidades en el mercado de capital de crecimiento. El fondo atrajo a inversores diversos, incluyendo fondos soberanos, pensiones públicas y oficinas familiares.
STGF IV se dirige a empresas lideradas por sus fundadores en los sectores de tecnología y salud, fuera del capital de riesgo tradicional, buscando compañías con rápido crecimiento en ingresos, márgenes sólidos y bajo apalancamiento. El fondo es gestionado por el equipo de Venture Capital y Growth Equity de StepStone, que despliega aproximadamente 5.5 mil millones de dólares anuales en distintos tipos de inversiones.
Con más de 80 profesionales dedicados a la inversión, StepStone implementa estrategias flexibles que incluyen co-inversiones directas, vehículos de continuación y transacciones secundarias.
StepStone Group (나스닥: STEP)는 성장형 주식 시장 기회에 집중하는 네 번째 StepStone Tactical Growth Fund (STGF IV)를 위해 7억 5백만 달러를 성공적으로 조달했습니다. 이 펀드는 주권 부유 기금, 공공 연금, 패밀리 오피스 등 다양한 투자자를 유치했습니다.
STGF IV는 전통적인 벤처 캐피털 외부의 기술 및 헬스케어 분야 창업자 주도 기업을 대상으로 하며, 빠른 매출 성장, 강한 마진, 낮은 레버리지를 가진 회사를 찾습니다. 이 펀드는 연간 약 55억 달러를 다양한 투자 유형에 배분하는 StepStone의 벤처 캐피털 및 성장 주식 팀이 관리합니다.
80명 이상의 전담 투자 전문가들과 함께 StepStone은 직접 공동 투자, 연속 차량, 2차 거래 등 유연한 투자 전략을 실행합니다.
StepStone Group (Nasdaq : STEP) a levé avec succès 705 millions de dollars pour son quatrième StepStone Tactical Growth Fund (STGF IV), axé sur les opportunités du marché des actions de croissance. Le fonds a attiré des investisseurs diversifiés, notamment des fonds souverains, des régimes de retraite publics et des family offices.
STGF IV cible des entreprises dirigées par leurs fondateurs dans les secteurs de la technologie et de la santé, en dehors du capital-risque traditionnel, recherchant des sociétés à forte croissance du chiffre d'affaires, avec de solides marges et un endettement minimal. Le fonds est géré par l'équipe Venture Capital et Growth Equity de StepStone, qui déploie environ 5,5 milliards de dollars par an dans différents types d'investissements.
Avec plus de 80 professionnels dédiés à l'investissement, StepStone met en œuvre des stratégies d'investissement flexibles incluant des co-investissements directs, des véhicules de continuation et des transactions secondaires.
StepStone Group (Nasdaq: STEP) hat erfolgreich 705 Millionen US-Dollar für seinen vierten StepStone Tactical Growth Fund (STGF IV) eingeworben, der sich auf Chancen im Wachstumsaktienmarkt konzentriert. Der Fonds zog vielfältige Investoren an, darunter Staatsfonds, öffentliche Pensionskassen und Family Offices.
STGF IV richtet sich an von Gründern geführte Unternehmen in den Bereichen Technologie und Gesundheitswesen außerhalb des traditionellen Venture Capitals und sucht Unternehmen mit schnellem Umsatzwachstum, starken Margen und geringer Verschuldung. Der Fonds wird vom Venture Capital und Growth Equity Team von StepStone verwaltet, das jährlich etwa 5,5 Milliarden US-Dollar in verschiedene Investmentarten investiert.
Mit über 80 spezialisierten Investmentprofis setzt StepStone flexible Anlagestrategien um, darunter direkte Co-Investments, Fortsetzungsvehikel und Sekundärtransaktionen.
- Successfully raised $705 million for fourth growth fund
- Diverse institutional investor base indicates strong market confidence
- Large-scale operations with $5.5 billion annual deployment capacity
- Substantial team of 80+ dedicated investment professionals
- None.
Insights
StepStone's successful $705M fund closing expands their asset base and reinforces their position in the growth equity market with diverse institutional backing.
StepStone Group's successful closing of their fourth Tactical Growth Fund with
For asset managers like StepStone, increasing assets under management directly impacts their financial performance through fee generation. Their Venture Capital and Growth Equity Team manages the fund and already deploys an average of
The fund's investment strategy is focused on founder-led businesses outside traditional venture capital that exhibit rapid topline growth, strong margins, capital efficiency, and minimal leverage. This disciplined approach targets companies primarily in technology and healthcare sectors. The strategy specifically seeks investments that can generate liquidity independent of IPO markets or large-scale M&A, which is particularly valuable in uncertain exit environments.
With a team of more than 80 dedicated investment professionals, StepStone has built substantial operational capacity to execute this strategy through multiple investment structures including direct co-investments, continuation vehicles, and secondary transactions.
STGF IV's differentiated strategy targeting founder-led businesses with strong fundamentals provides StepStone with flexible deployment options across the growth equity landscape.
The successful
What makes this strategy distinctive is its disciplined investment criteria: founder-led businesses with rapid growth trajectories, strong margin profiles, capital efficiency, and minimal leverage - essentially the "sweet spot" between venture capital and traditional buyouts. By concentrating on technology and healthcare sectors, the fund targets industries with structural growth drivers.
The diversity of the LP base - spanning sovereign wealth funds, public pensions, superannuation funds, funds-of-funds, family offices, and wealth platforms - indicates broad market validation of both the strategy and StepStone's execution capabilities. This investor mix also provides StepStone with stable, long-term capital.
The firm's substantial deployment capacity (
StepStone's emphasis on investments that can generate liquidity independent of IPO markets or large M&A transactions is particularly valuable in today's market environment where traditional exit pathways face headwinds.
NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today announced that it has raised
Through STGF IV, StepStone partners with leading growth equity sponsors in the technology and healthcare sectors. The Fund pursues founder-led businesses outside the traditional venture capital ecosystem that exhibit rapid topline growth, strong margins, capital efficiency, and minimal leverage. StepStone believes these businesses have the potential to provide complementary exposure to both buyout and venture investments while generating liquidity that is not dependent on an open IPO market or large-scale strategic M&A.
STGF IV is managed by StepStone’s Venture Capital and Growth Equity Team, which is among the most active investors in the space globally, deploying an average of
“The successful closing of STGF IV reflects the investor community’s conviction in the growth equity market opportunity, along with StepStone's leading role as a creative and trusted partner to elite growth equity sponsors,” said Brian Borton, Partner. “We would like to thank both our investors and GPs for their continued confidence in StepStone as a solutions provider in the growth equity sector."
Fried, Frank, Harris, Shriver & Jacobson LLP advised on the formation of the Fund.
About StepStone
StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of December 31, 2024, StepStone was responsible for approximately
Contacts
Shareholder Relations:
Seth Weiss
shareholders@stepstonegroup.com
+1 (212) 351-6106
Media:
Brian Ruby / Chris Gillick / Matt Lettiero, ICR
StepStonePR@icrinc.com
+1 (203) 682-8268
FAQ
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