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 Estate LP
Latest filing Jul 30, 2026
First filing on the tape Oct 19, 2015 · 25 filings
SEC status approved since Nov 2, 2015
RAUM
$17B
reported, Item 5.F
Discretionary
89%
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
117
95 advisory (5.B.1)
Offices
11
beyond the principal office
Private funds
60
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$17B as of Jul 30, 2026
Mar 31, 2016$86.3M 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)117 as of Jul 30, 2026
Mar 31, 20169 then
Private funds60 as of Jul 30, 2026
Mar 31, 20166 then
RAUM +54% over the last fiscal year+34% a year over threeIARs 0 to 0offices 6 to 11
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
- $257MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 89%derivedof RAUM
- Institutional
- 7.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived12 offices incl. principal (1.F.5)
- RAUM growth, one year
- +27%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, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $9.3B, 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$16B92%
- Pension and profit-sharing plans$1.3B7.7%
- State and municipal entities$15.7M0.1%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 7reported
- Charitable clients
- 0reported
- Accounts
- 67reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $9.3B for 60 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.92 institutional_share=0.08 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
79 reported on Schedule D 7.B.(1)
All funds of Stepstone Group Real Estate LP
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 Officer, Partnercontrolsince 08/2019 · owns less than 5%
- Paul Jason Ment · President And Co-Chief Operating Officer, Partnercontrolsince 05/2014 · owns less than 5%
- Yongil David Park · Chief Financial Officercontrolsince 01/2024 · owns less than 5%
- Garrett Josh Cleveland · Limited Partnercontrolsince 12/2021 · owns 75% or more of Low Country Investments LP
- Manuel Jeffrey Giller · Trusteecontrolsince 09/2021 · owns F of Jeff And Yvette Giller Living Trust Dated September 22, 2021
- Birch Yvette Giller · Trusteecontrolsince 09/2021 · owns F of Jeff And Yvette Giller Living Trust Dated September 22, 2021
- Marie Aurelie Macdonald · Trusteecontrolsince 12/2020 · owns F of Macdonald Family Living Trust
- Coady Brendan Macdonald · Trusteecontrolsince 12/2020 · owns F of Macdonald Family Living Trust
- 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%
Entity owners
- Giller Family Holding LP · Partnerdirect · owns 10% to 25%
- Low Country Investments LP · Partnerdirect · owns 5% to 10%
- Stepstone Group LP · Partnerdirect · owns 50% to 75%
- Stepstone Group Real Estate Holdings LLC · General Partnerdirect · owns less than 5%
- The Brendan And Aurelie Macdonald Family Limited Partnership · Partnerdirect · owns 5% to 10%
- Jeff And Yvette Giller Living Trust Dated September 22, 2021 · Limited Partnerindirect · owns 75% or more of Giller Family Holding LP
- Macdonald Family Living Trust · Limited Partnerindirect · owns 75% or more of The Brendan And Aurelie Macdonald Family Limited Partnership
- Stepstone Group Holdings LLC · General Partnerindirect · owns F of Stepstone Group LP
- Stepstone Group Inc. · Sole Managing Memberindirect · owns 75% or more of Stepstone Group Holdings LLC · public reporting company
- Stepstone Group Inc. · Partnerindirect · owns 50% to 75% of Stepstone Group LP · public reporting company
- Stepstone Group LP · Memberindirect · owns 50% to 75% of Stepstone Group Real Estate Holdings LLC
Related persons
Schedule D 7.A
- G1 Sre Sma Gp, LLCbankpooled vehicle sponsorn
- Real Estate Fund I Domestic Gp, LLCbankpooled vehicle sponsorn
- Real Estate Fund I International Gp, LLCbankpooled vehicle sponsorn
- Real Estate Fund II Gp, LLCbankpooled vehicle sponsorn
- Sali Fund Partners, LLCbankpooled vehicle sponsorn
- Sidf Active 1 (Gp) LLCbankpooled vehicle sponsorn
- Sra Capital (Canada) Ltd.investment adviserbankpooled vehicle sponsorn
- Sre Juniversitas (Gp), LLCbankpooled vehicle sponsorn
- Sre Solaris Investco (Gp), LLCbankpooled vehicle sponsorn
- Ssg Me Real Estate Estate (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Bvk Re (Gp) S.A.R.L.bankpooled vehicle sponsorn
- Stepstone European Fund Gp, S.A R.L.bankpooled 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 Assets LPinvestment adviserbankpooled vehicle sponsornRAUM $41B
- Stepstone Hb Real Estate (Gp), LLCbankpooled vehicle sponsorn
- Stepstone K Real Estate (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Nps Real Estate (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Nps Real Estate II (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Partners, L.P.investment adviserbankpooled vehicle sponsorn
- Stepstone Pifss Real Estate (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Pifss Real Estate II (Gp), LLCbankpooled vehicle sponsorn
- Stepstone Real Estate Partners IV (Gp) S.A.R.L.bankpooled vehicle sponsorn
- Stepstone Real Estate Partners V (Gp) Sarlbankpooled vehicle sponsorn
Advisers that list Stepstone Group Real Estate LP as a related person
Offices
Schedule D 1.F, the 25 largest
- London, United Kingdom19 employees
- New York, NY14 employees
- Cleveland, OH12 employees
- San Francisco, CA10 employees
- Singapore, Singapore2 employees
- Chicago, IL2 employees
- Hong Kong, Hong Kong1 employees
- Dublin, Ireland1 employees
- Frankfurt, Germany1 employees
- Beijing, China1 employees
- Manalapan, FL1 employees
What changed
consecutive filings, newest first
- Accounts · 75 to 67Jul 21, 2025 to Jun 29, 2026
- Advisory employees · 79 to 95Jul 21, 2025 to Jun 29, 2026
- Pooled vehicle clients · 69 to 61Jul 21, 2025 to Jun 29, 2026
- Assets in custody · $6.9B to $9.3BJul 21, 2025 to Jun 29, 2026
- Employees · 86 to 117Jul 21, 2025 to Jun 29, 2026
- Other offices · 10 to 11Jul 21, 2025 to Jun 29, 2026
- Private funds · 63 to 60Jul 21, 2025 to Jun 29, 2026
- Discretionary RAUM · $14B to $15BJul 21, 2025 to Jun 29, 2026
- Non-discretionary RAUM · $2.1B to $1.8BJul 21, 2025 to Jun 29, 2026
- Pension RAUM · $1.3B to $1.3BJul 21, 2025 to Jun 29, 2026
- Pooled vehicle RAUM · $15B to $16BJul 21, 2025 to Jun 29, 2026
- RAUM · $16B to $17BJul 21, 2025 to Jun 29, 2026
- Financial planning clients · unset to Jun 27, 2025 to Jul 21, 2025
- Accounts · 64 to 75Jul 30, 2024 to Jun 27, 2025
- Advisory employees · 64 to 79Jul 30, 2024 to Jun 27, 2025
- Charity clients · 1 to 0Jul 30, 2024 to Jun 27, 2025
- Pension plan clients · 8 to 7Jul 30, 2024 to Jun 27, 2025
- Pooled vehicle clients · 58 to 69Jul 30, 2024 to Jun 27, 2025
- Assets in custody · $6.4B to $6.9BJul 30, 2024 to Jun 27, 2025
- Employees · 84 to 86Jul 30, 2024 to Jun 27, 2025
- Other offices · 11 to 10Jul 30, 2024 to Jun 27, 2025
- Private funds · 56 to 63Jul 30, 2024 to Jun 27, 2025
- Discretionary RAUM · $11B to $14BJul 30, 2024 to Jun 27, 2025
- Non-discretionary RAUM · $3.2B to $2.1BJul 30, 2024 to Jun 27, 2025
- Pension RAUM · $1.4B to $1.3BJul 30, 2024 to Jun 27, 2025
- Pooled vehicle RAUM · $13B to $15BJul 30, 2024 to Jun 27, 2025
- RAUM · $14B to $16BJul 30, 2024 to Jun 27, 2025
- Accounts · 52 to 64Jan 25, 2024 to Jun 28, 2024
- Advisory employees · 52 to 64Jan 25, 2024 to Jun 28, 2024
- Pension plan clients · 7 to 8Jan 25, 2024 to Jun 28, 2024
- Pooled vehicle clients · 48 to 58Jan 25, 2024 to Jun 28, 2024
- Assets in custody · $4.1B to $6.4BJan 25, 2024 to Jun 28, 2024
- Employees · 66 to 84Jan 25, 2024 to Jun 28, 2024
- Other offices · 6 to 11Jan 25, 2024 to Jun 28, 2024
- Private funds · 46 to 56Jan 25, 2024 to Jun 28, 2024
- Discretionary RAUM · $9.9B to $11BJan 25, 2024 to Jun 28, 2024
- Non-discretionary RAUM · $1.3B to $3.2BJan 25, 2024 to Jun 28, 2024
- Pension RAUM · $2.2B to $1.4BJan 25, 2024 to Jun 28, 2024
- Pooled vehicle RAUM · $9.0B to $13BJan 25, 2024 to Jun 28, 2024
- RAUM · $11B to $14BJan 25, 2024 to Jun 28, 2024
Signals
18 dated events
- Stepstone Group Real Estate Lp reported 11 offices beyond its principal office, up from 6 (2024-01-25 to 2024-06-28)Jun 28, 2024 · Office count change · derived
- Stepstone Group Real Estate Lp reported RAUM $14.2B, up 27% from $11.2B (2024-01-25 to 2024-06-28)Jun 28, 2024 · RAUM change · derived
- Mack Monte Brem (Executive Chairman, Partner) no longer on Schedule A of Stepstone Group Real Estate 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 Estate LpJan 18, 2024 · Control person joined · fact
- Dale Johnny Randel (Chief Financial Officer,Partner) no longer on Schedule A of Stepstone Group Real Estate Lp (listed 2023-06-29, absent 2024-01-18)Jan 18, 2024 · Control person left · inference
- William John Waters (Trustee) no longer on Schedule A of Stepstone Group Real Estate Lp (listed 2023-05-04, absent 2023-06-29)Jun 29, 2023 · Control person left · inference
- Winters Sarah Waters (Trustee) no longer on Schedule A of Stepstone Group Real Estate Lp (listed 2023-05-04, absent 2023-06-29)Jun 29, 2023 · Control person left · inference
- Stepstone Group Real Estate Lp reported RAUM $9.1B, up 29% from $7.1B (2021-06-30 to 2022-06-28)Jun 28, 2022 · RAUM change · derived
- Birch Yvette Giller (Trustee) appeared on Schedule A of Stepstone Group Real Estate LpJun 28, 2022 · Control person joined · fact
- Marie Aurelie Macdonald (Trustee) appeared on Schedule A of Stepstone Group Real Estate LpJun 28, 2022 · Control person joined · fact
- Winters Sarah Waters (Trustee) appeared on Schedule A of Stepstone Group Real Estate LpJun 28, 2022 · Control person joined · fact
- William John Waters (Partner) appeared on Schedule A of Stepstone Group Real Estate LpOct 12, 2020 · Control person joined · fact
- Agustin Jose Fernandez (Co-Chief Operating Officer, Partner) appeared on Schedule A of Stepstone Group Real Estate LpOct 12, 2020 · Control person joined · fact
- Mack Monte Brem (Co-Chief Executive Officer, Partner) appeared on Schedule A of Stepstone Group Real Estate LpJun 25, 2020 · Control person joined · fact
- William Scott Hart (Co-Chief Executive Officer, Partner) appeared on Schedule A of Stepstone Group Real Estate LpJun 25, 2020 · Control person joined · fact
- Stepstone Group Real Estate Lp reported RAUM $5.1B, up 218% from $1.6B (2018-04-17 to 2019-06-25)Jun 25, 2019 · RAUM change · derived
- Stepstone Group Real Estate Lp reported RAUM $1.6B, up 131% from $700.2M (2017-08-08 to 2018-03-28)Mar 28, 2018 · RAUM change · derived
- Stepstone Group Real Estate Lp filed its initial SEC registration (Form ADV)Oct 19, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Stepstone Group Real Estate LP · Independent Sponsorsshared crd · capital_provider
- Stepstone Group Real Estate 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
Across the graphs
Stepstone Group Real Estate LP is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
Checking your plan…