StepStone Group related stories
All articles and analysis
San Diego City hikes private equity allocationThe pension system launched its private equity programme in 2009 and has committed about $600m so far.
- PSERS re-ups $20m to Eureka Growth Capital
Eureka Growth Capital has collected about $83m for its third buyout fund, which is targeting $150m for lower mid-market technology investments in the US.
- Friday Letter: Involve your investors
The orderly sell-off of various Lehman Brothers private equity assets has included one overriding feature GPs across the industry should carefully note - the inclusion of limited partners in decision making.
- Secondaries Special: Crowding the market
New entrants to the private equity secondary market are attracting talent and capital that was previously the sole preserve of dedicated secondaries investors. Graham Winfrey reports
- Secondaries Special: Finding a cure for zombies
A recent fund restructuring on the secondary market illustrates how secondaries firms can help create options for LPs in funds well beyond their contractual lives. By Christopher Witkowsky
- Montana shifts focus to mid-market
Exit environment and value creation concerns have prompted the Montana Board of Investments to refocus its private equity programme toward the lower and mid-market.
- StepStone bulks up in Europe with Parish buyout
The Monte Brem-led firm has acquired Parish Capital Advisors, a small and niche market specialist in the US and Europe with $2bn in assets under management.
- EMAlternatives loses co-founders to Pomona
Ernest Lambers and John Stephens have left the emerging markets fund of funds to join the London and Hong Kong offices of secondaries-focused Pomona.
- PA SERS picks StepStone over Cambridge
The $26bn system, which returned 5.9% in its private equity portfolio during the second quarter, has hired StepStone Group as its alternatives consultant.
- New Mexico commits $40m to Sterling
New Mexico State Investment Council, which manages the state’s oil and gas endowment, has committed to Sterling Partners' latest fund, which is targeting $1.2bn.