DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Institutional manager

Stepstone Group LLC

Institutional managerprobableCRD 143635
Advisory clients on the tape
12
Schedule C, ACFR
Public-system clients
4
ACFR and seeds
ADV institutional clients
59
filed Jul 30, 2026
ADV institutional RAUM
n/a
pension, government, charity, insurance, sovereign
ADV discretionary RAUM
$95B
Item 5.F
Classification basis: Form ADV 5.G(6) pension consulting; institutional RAUM share 0.00; discretionary RAUM $95B. An OCIO holds discretion over at least $5B of institutional assets; a consultant advises.
Advisory clients
12 allocators
Schedule C rows
25 rows, $2.7M direct compensation as filed
PlanPlan yearCodesRelationship as filedDirect compensation
The Citigroup Pension Plan202417 28 50 51NONE$482,997
Northrop Grumman Pension Plan202416 50CONSULTANT$148,637
The Cultural Institutions Pension Plan202416 17NONE$101,031
Constellation Retirement Program202416CONSULTANT$100,792
NG Space&mission Systems Corp Salaried Pension Pla202416 50CONSULTANT$64,080
Aramco U.S. Retirement Income Plan202416 27 49 50 51 70NONE$50,000
Construction Industry Laborers Pension Fund202428 50$49,702
Constellation Employee Pension Plan202416CONSULTANT$24,045
Northrop Grumman Retirement Plan B202416 50CONSULTANT$16,381
NEW York State Nurses Association Pension Plan202428 51NONE$14,958
Service Employees International Union Local 32bj, District 36 Building Operators Pension Trust Fund202428 52NONE$6,909
The Citigroup Pension Plan202317 28 50 51NONE$161,826
Northrop Grumman Pension Plan202316 50CONSULTANT$147,915
The Cultural Institutions Pension Plan202316 17NONE$130,125
NG Space&mission Systems Corp Salaried Pension Pla202316 50CONSULTANT$65,149
Aramco U.S. Retirement Income Plan202316 27 49 50 51 70NONE$50,000
Northrop Grumman Retirement Plan B202316 50CONSULTANT$16,374
The Citigroup Pension Plan202217 28 50 51NONE$399,426
Construction Industry Laborers Pension Fund202228 50INVESTMENT MANAGER$247,977
Northrop Grumman Pension Plan202216 50CONSULTANT$147,727
The Cultural Institutions Pension Plan202216 17NONE$125,125
NG Space&mission Systems Corp Salaried Pension Pla202216 50CONSULTANT$65,219
Aramco U.S. Retirement Income Plan202216 27 49 50 51 70NONE$50,000
Northrop Grumman Retirement Plan B202216 50CONSULTANT$16,541
Service Employees International Union Local 32bj, District 36 Building Operators Pension Trust Fund202228 52NONE$6,368
Form ADV readings
  • charity clients 19 Jul 30, 2026 reported
  • government clients 20 Jul 30, 2026 reported
  • institutional clients 59 Jul 30, 2026 reported
  • pension plan clients 20 Jul 30, 2026 reported
  • raum discretionary $95B Jul 30, 2026 reported
  • raum total $108B Jul 30, 2026 reported
What changed