StepStone Group related stories
All articles and analysis
Parallax and StepStone agrees to buy Rovi's DivX and MainConcept businessesRovi Corp. has agreed to sell its DivX and MainConcept businesses to Parallax Capital Partners and StepStone Group for up to $75 million. The transaction is expected to be completed by April 1, 2014. Wells Fargo Securities advised Rovi on the transaction.
- Greenspring Associates leads $15 mln round for B2B platform Demandbase
Demandbase said Monday that it has raised $15 million in financing. Greenspring Associates led the round with participation from Scale Venture Partners, SigmaWest, Altos Ventures, Costanoa Ventures and Adobe Systems. Based in San Francisco, Demandbase is a B2B targeting and personalization platform.
- Greenspring Associates leads $15 mln round for B2B platform Demandbase
Demandbase said Monday that it has raised $15 million in financing. Greenspring Associates led the round with participation from Scale Venture Partners, SigmaWest, Altos Ventures, Costanoa Ventures and Adobe Systems. Based in San Francisco, Demandbase is a B2B targeting and personalization platform.
- Co-investments rare, problematic
Panelists at the PEI Asia Forum agreed that a co-investment model can be off-putting for LPs.
Macquarie fund of funds group outsources U.S., Europe advisory workMacquarie Investment Management, the €196 billion ($268 billion) asset management arm of the Australian banking giant, has outsourced some of its private equity advisory work in Europe and the U.S. to SL Capital Partners and RCP Advisors after a strategic review of the business.
- Macquarie fund of funds group outsources US, Europe advisory work
Macquarie Investment Management, the €196 billion ($268 billion) asset management arm of the Australian banking giant, has hired two firms to advise its private markets group on private equity fund investments in Europe and the U.S. – work that it had formerly done in-house, sister news service peHUB reported.
- NYCERS commits $283m to private equity(2)
The city’s public employees’ retirement system has committed to Carlyle, Landmark and Platinum Equity since December.
- Credit Suisse hires Parish Capital executive(2)
Tracy Harris, a partner with former fund of funds Parish Capital, has joined the Customized Fund Investment Group to work on the bank’s investment partnership with North Carolina.
- EXCLUSIVE: NYC pension private equity official joins UN pension
Elizabeth Caldas, a senior private equity investment official in the New York City Comptroller’s office, has left to join the investment team at the United Nations Joint Staff Pension Fund, three people told sister news service peHUB.
- Elio's joining gives StepStone another jolt of momentum
The advisory business has been a tough place to grow over the last few years as the institutional do-it-yourself movement gained momentum. But via a prescient bet on separate accounts before they became all the rage, and recent acquisitions, StepStone Group LP has a big head of steam.