StepStone Group related stories
All articles and analysis
LP Radar: Arizona commit $150 million to PEArizona Public Safety Personnel Retirement System team up with Stepstone and Sterling Group
Ridgemont Equity aims for $900 mln for Fund II, nears first closeRidgemont Equity Partners is in the market with its second fund, which has a target of around $900 million, according to a person with knowledge of the process, and a document describing the fund.
Fund Briefs May 18, 2015A recap of recent venture-related fundraisings and filings; plus tables and data on closings worldwide
- Updata Partners invests in Ruby Receptionists
Updata Partners has acquired a majority stake in Ruby Receptionists for $38.8 million. StepStone Group is co-investing in the transaction. Headquartered in Portland, Oregon, Ruby Receptionists is a provider of live virtual receptionist services to small businesses.
Jobs of the week: Andreessen Horowitz, Hamilton Lane and Morgan Stanley hiringThis week's jobs include vice president positions at Morgan Stanley, Hamilton Lane and StepStone. Also, Andreessen Horowitz is recruiting for a deal partner.
- Goldman, Coller back $1.1 bln American Capital mid-market Fund III
American Capital Ltd, the publicly traded global asset manager and private equity firm, said it drew LP support from Coller Capital, Goldman Sachs Asset Management and StepStone Group for its newly closed $1.1 billion American Capital Equity III LP aimed at lower mid-market investments.
- American Capital closes third fund on $1.1 billion
The fund will focus on lower middle market investments
- Teladoc snags $50 mln in round led by Jafco
Dallas-based telehealth provider Teladoc said Tuesday that it has secured $50 million in funding. Jafco Ventures led the round with participation from other investors that included FLAG Capital Management, Greenspring Associates, Mellon, QuestMark Partners, Cardinal Partners, HLM Venture Partners, Kleiner Perkins Caufield and Byers, New Capital Partners and Trident Capital.
- Frazier Healthcare's PCI buys Biotec
PCI, a portfolio company of Frazier Healthcare, said Friday that it has acquired Biotec. No financial terms were disclosed. Teneo Capital provided financial advice to PCI and Frazier Healthcare for this transaction. Based in the UK, Biotec is a provider of clinical trial services and temperature controlled pharmaceutical solutions.
- Tritium Partners, StepStone Group invest in Access Technology Solutions
Tritium Partners and StepStone Group have made a majority investment in e-commerce provider Access Technology Solutions. Ocean Avenue Capital Partners also participated in the deal. Pacific Crest Securities worked as financial advisor to Access Technology Solutions in the transaction.