DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Stepstone Group Real Assets LP
Latest filing Jul 30, 2026
First filing on the tape Oct 20, 2015 · 26 filings
SEC status approved since Nov 10, 2015
RAUM
$41B
reported, Item 5.F
Discretionary
54%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
94
85 advisory (5.B.1)
Offices
9
beyond the principal office
Private funds
59
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$41B as of Jul 30, 2026
Mar 31, 2016$201M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 30, 2026
Mar 31, 20160 then
Employees (5.A)94 as of Jul 30, 2026
Mar 31, 20165 then
Private funds59 as of Jul 30, 2026
Mar 31, 20162 then
RAUM +74% over the last fiscal year+36% a year over threeIARs 0 to 0offices 10 to 9
Practice profile
derived from the filing of Jul 30, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $648MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 54%derivedof RAUM
- Institutional
- 16%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived10 offices incl. principal (1.F.5)
- RAUM growth, one year
- +11%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $35B, 60 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$35B84%
- Pension and profit-sharing plans$4.3B10%
- State and municipal entities$2.3B5.5%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 7reported
- Charitable clients
- 0reported
- Accounts
- 64reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $35B for 60 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.84 institutional_share=0.16 related_bd=false related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
35 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
- Agustin Jose Fernandez · Co-Chief Operating Officer, Partnercontrolsince 03/2007 · owns less than 5%
- William Scott Hart · Chief Executive Officercontrolsince 08/2019 · owns less than 5%
- Yongil David Park · Chief Financial Officercontrolsince 01/2024 · owns less than 5%
- Edward Bendukai Bouey · Chief Compliance Officersince 06/2023 · owns less than 5%
- Yayoi Jennifer Ishiguro · Chief Legal Officer, Partnersince 09/2019 · owns less than 5%
- (Nmn) Stephen Kynaston · Partnersince 07/2016 · owns 5% to 10%
- Paul Jason Ment · President And Co-Chief Operating Officer, Partnersince 01/2014 · owns less than 5%
- Joseph Duane Cadman · Directorsince 08/2016 · owns F of 10 Barclay Investments Pty Ltd
- David James O'Leary · Directorsince 07/2016 · owns F of Choljo Investments Pty Limited
Entity owners
- Stepstone Group LP · Partnerdirect · owns 50% to 75%
- Stepstone Group Real Assets Holding LLC · General Partnerdirect · owns less than 5%
- Stepstone Group Holdings LLC · General Partnerindirect · owns F of Stepstone Group LP
- Stepstone Group Inc. · Limited Partnerindirect · owns 50% to 75% of Stepstone Group LP · public reporting company
- Stepstone Group Inc. · Sole Managing Memberindirect · owns 75% or more of Stepstone Group Holdings LLC · public reporting company
- Stepstone Group LP · Memberindirect · owns 50% to 75% of Stepstone Group Real Assets Holding LLC
- 10 Barclay Investments Pty Ltd · Partnerdirect · owns 10% to 25%
- Choljo Investments Pty Limited · Partnerdirect · owns 10% to 25%
Related persons
Schedule D 7.A
- Ontario Natural Resources Opportunities (Gp), LLCbankpooled vehicle sponsorn
- Sicp 2022 (Gp) LLCbankpooled vehicle sponsorn
- Sira N-23, LLCbankpooled vehicle sponsorn
- Sra Capital (Canada) Ltd.investment adviserbankpooled vehicle sponsory
- Ssg Me Infrastructure (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Ats (Gp), LLCbankpooled vehicle sponsorn
- Stepstone B (Gp), LLCbankpooled vehicle sponsorn
- Stepstone B II-G (Gp), LLCbankpooled vehicle sponsorn
- Stepstone B II-R (Gp), LLCbankpooled vehicle sponsorn
- Stepstone B III (Gp), LLCbankpooled vehicle sponsorn
- Stepstone C (Gp), LLCbankpooled vehicle sponsorn
- Stepstone G (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Gestao De Recursos Ltdainvestment adviserbankpooled vehicle sponsorn
- Stepstone Group (China) Limitedinvestment adviserbankpooled vehicle sponsorn
- Stepstone Group Europe Alternative Investments Limitedinvestment adviserbankpooled vehicle sponsornRAUM $47B
- Stepstone Group Europe Llpinvestment adviserbankpooled vehicle sponsorn
- Stepstone Group LPinvestment adviserbankpooled vehicle sponsornRAUM $108B
- Stepstone Group Private Debt Aginvestment advisern
- Stepstone Group Private Debt LLCinvestment advisernRAUM $5.8B
- Stepstone Private Wealthinvestment adviserbankpooled vehicle sponsornRAUM $18B
- Stepstone Group Real Estate LPinvestment adviserbankpooled vehicle sponsornRAUM $17B
- Stepstone Holyrood Infrastructure (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Infrastructure Co-Investment Partners 2022 Europe (Gp), S.A R.L.,bankpooled vehicle sponsorn
- Stepstone Ip Infra (Gp) LLCbankpooled vehicle sponsorn
- Stepstone K Infrastructure (Gp) II, LLCbankpooled vehicle sponsorn
- Stepstone K Infrastructure (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Kf (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Libra (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Minderoo (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Nlgi (Gp), LLCbankpooled vehicle sponsorn
Advisers that list Stepstone Group Real Assets LP as a related person
Offices
Schedule D 1.F, the 25 largest
- Sydney, Nsw, Australia25 employees
- London, United Kingdom21 employees
- New York, NY13 employees
- Toronto, Ontario, Canada13 employees
- Perth, Western Australia, Australia1 employees
- Frankfurt, Germany1 employees
- Dublin, Ireland1 employees
What changed
consecutive filings, newest first
- Accounts · 53 to 64Jul 21, 2025 to Jun 29, 2026
- Advisory employees · 75 to 85Jul 21, 2025 to Jun 29, 2026
- Advisory activities · 4 to 5Jul 21, 2025 to Jun 29, 2026
- Pension plan clients · 8 to 7Jul 21, 2025 to Jun 29, 2026
- Pooled vehicle clients · 48 to 59Jul 21, 2025 to Jun 29, 2026
- Assets in custody · $19B to $35BJul 21, 2025 to Jun 29, 2026
- Employees · 97 to 94Jul 21, 2025 to Jun 29, 2026
- Other offices · 8 to 9Jul 21, 2025 to Jun 29, 2026
- Private funds · 48 to 59Jul 21, 2025 to Jun 29, 2026
- Discretionary RAUM · $18B to $22BJul 21, 2025 to Jun 29, 2026
- Non-discretionary RAUM · $15B to $19BJul 21, 2025 to Jun 29, 2026
- Pension RAUM · $2.6B to $4.3BJul 21, 2025 to Jun 29, 2026
- Pooled vehicle RAUM · $28B to $35BJul 21, 2025 to Jun 29, 2026
- RAUM · $33B to $41BJul 21, 2025 to Jun 29, 2026
- Financial planning clients · unset to Jun 27, 2025 to Jul 21, 2025
- Accounts · 41 to 53Jul 30, 2024 to Jun 27, 2025
- Advisory employees · 76 to 75Jul 30, 2024 to Jun 27, 2025
- Pension plan clients · 9 to 8Jul 30, 2024 to Jun 27, 2025
- Pooled vehicle clients · 36 to 48Jul 30, 2024 to Jun 27, 2025
- Assets in custody · $14B to $19BJul 30, 2024 to Jun 27, 2025
- Employees · 84 to 97Jul 30, 2024 to Jun 27, 2025
- Other offices · 7 to 8Jul 30, 2024 to Jun 27, 2025
- Private funds · 35 to 48Jul 30, 2024 to Jun 27, 2025
- Discretionary RAUM · $15B to $18BJul 30, 2024 to Jun 27, 2025
- Non-discretionary RAUM · $12B to $15BJul 30, 2024 to Jun 27, 2025
- Pension RAUM · $2.4B to $2.6BJul 30, 2024 to Jun 27, 2025
- Pooled vehicle RAUM · $21B to $28BJul 30, 2024 to Jun 27, 2025
- RAUM · $26B to $33BJul 30, 2024 to Jun 27, 2025
- Accounts · 37 to 41Jan 25, 2024 to Jun 28, 2024
- Advisory employees · 59 to 76Jan 25, 2024 to Jun 28, 2024
- Pooled vehicle clients · 31 to 36Jan 25, 2024 to Jun 28, 2024
- Assets in custody · $12B to $14BJan 25, 2024 to Jun 28, 2024
- Employees · 67 to 84Jan 25, 2024 to Jun 28, 2024
- Other offices · 10 to 7Jan 25, 2024 to Jun 28, 2024
- Private funds · 30 to 35Jan 25, 2024 to Jun 28, 2024
- Discretionary RAUM · $13B to $15BJan 25, 2024 to Jun 28, 2024
- Non-discretionary RAUM · $11B to $12BJan 25, 2024 to Jun 28, 2024
- Pension RAUM · $2.8B to $2.4BJan 25, 2024 to Jun 28, 2024
- Pooled vehicle RAUM · $19B to $21BJan 25, 2024 to Jun 28, 2024
- RAUM · $24B to $26BJan 25, 2024 to Jun 28, 2024
Signals
11 dated events
- Stepstone Group Real Assets Lp reported RAUM $41.5B, up 25% from $33.1B (2025-07-21 to 2026-06-29)Jun 29, 2026 · RAUM change · derived
- Stepstone Group Real Assets Lp reported RAUM $33.1B, up 26% from $26.3B (2024-07-30 to 2025-06-27)Jun 27, 2025 · RAUM change · derived
- Mack Monte Brem (Executive Chairman) no longer on Schedule A of Stepstone Group Real Assets Lp (listed 2024-01-25, absent 2024-06-28)Jun 28, 2024 · Control person left · inference
- David Park (Chief Financial Officer) appeared on Schedule A of Stepstone Group Real Assets LpJan 18, 2024 · Control person joined · fact
- Stepstone Group Real Assets Lp reported RAUM $23.6B, up 42% from $16.6B (2021-06-30 to 2022-06-28)Jun 28, 2022 · RAUM change · derived
- Agustin Jose Fernandez (Co-Chief Executive Officer, Partner) appeared on Schedule A of Stepstone Group Real Assets LpOct 12, 2020 · Control person joined · fact
- Stepstone Group Real Assets Lp reported RAUM $13.5B, up 50% from $9.0B (2019-10-14 to 2020-06-25)Jun 25, 2020 · RAUM change · derived
- William Scott Hart (Co-Chief Executive Officer, Partner) appeared on Schedule A of Stepstone Group Real Assets LpJun 25, 2020 · Control person joined · fact
- Mack Monte Brem (Co-Chief Executive Officer, Partner) appeared on Schedule A of Stepstone Group Real Assets LpJun 25, 2020 · Control person joined · fact
- Stepstone Group Real Assets Lp reported RAUM $9.0B, up 2940% from $296.8M (2018-04-17 to 2019-06-25)Jun 25, 2019 · RAUM change · derived
- Stepstone Group Real Assets Lp filed its initial SEC registration (Form ADV)Oct 20, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Stepstone Group Real Assets LP · Independent Sponsorsshared crd · capital_provider
- Stepstone Group Real Assets LP · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/stepstone-groupreportedpublic record, Form ADV, Sep 17, 2026
- Firm profile
- linkedin.com/company/stepstone-private-wealthreportedpublic record, Form ADV, Sep 17, 2026
- Website
- stepstonepw.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 858-558-9700reportedpublic record, Form ADV, Jul 30, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026