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 Private Debt LLC

Asset manager (funds and pooled vehicles)La Jolla, CaliforniaCRD 323711SEC 801-126880websiteIAPD
Latest filing Jun 29, 2026
First filing on the tape Oct 14, 2022 · 11 filings
SEC status approved since Nov 14, 2022
RAUM
$5.8B
reported, Item 5.F
Discretionary
100%
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
0
0 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$5.8B as of Jun 29, 2026
Jun 29, 2023$38.7M then
HNW client RAUM$0 as of Jun 29, 2026
Jun 29, 2023$0 then
State-registered IARs (5.B.3)0 as of Jun 29, 2026
Jun 29, 20230 then
Employees (5.A)0 as of Jun 29, 2026
Jun 29, 20230 then
Private funds1 as of Jun 29, 2026
Jun 28, 20241 then
RAUM +14880% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Jun 29, 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
$644MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+6041%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, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companies, otherreportedItem 5.G
Custody
$2.6B, 7 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2.6B71%
  • Investment companies$1.1B29%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
9reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$2.6B for 7 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Stepstone Cc Opportunities Fund, LLCPrivate Equity Fund$1.1B1Mar 29, 2018
      Owners and control persons
      Schedule A and B, latest filing
      • Ariel Goldblatt · Chief Executive Officer / Chief Investment Officercontrol
        since 10/2022 · owns less than 5%
      • Yongil David Park · Chief Financial Officercontrol
        since 10/2022 · owns less than 5%
      • Jorg Hans Baumann · Shareholdercontrol
        since 12/2016 · owns 50% to 75% of Sc General Partner Ltd.
      • Jorg Hans Baumann · Limited Partnercontrol
        since 12/2016 · owns 25% to 50% of Sc Partner LP
      • Edward Bendukai Bouey · Chief Compliance Officer
        since 06/2023 · owns less than 5%
      • Arthur Joseph Cambareri · Chief Operating Officer
        since 06/2023 · owns less than 5%
      • Yayoi Jennifer Ishiguro · Chief Legal Officer
        since 10/2022 · owns less than 5%
      Entity owners
      • Swiss Capital Alternative Investments Ag · Member
        direct · owns 75% or more
      • Sc General Partner Ltd. · General Partner
        indirect · owns F of Sc Partner LP
      • Sc Partner LP · Shareholder
        indirect · owns 50% to 75% of Swiss Capital Alternative Investments Ag
      • Stepstone Europe Limited · Shareholder
        indirect · owns 25% to 50% of Swiss Capital Alternative Investments Ag
      • Stepstone Group Holdings LLC · General Partner
        indirect · owns F of Stepstone Group LP
      • Stepstone Group Inc · Sole Managing Member
        indirect · owns 75% or more of Stepstone Group Holdings LLC · public reporting company
      • Stepstone Group Inc. · Partner
        indirect · owns 25% to 50% of Stepstone Group LP · public reporting company
      • Stepstone Group LP · Shareholder
        indirect · owns 75% or more of Stepstone Europe Limited
      Related persons
      Schedule D 7.A
      Advisers that list Stepstone Group Private Debt LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY
      What changed
      consecutive filings, newest first
      • Accounts · 8 to 9
        Oct 9, 2025 to Jun 29, 2026
      • Pooled vehicle clients · 6 to 7
        Oct 9, 2025 to Jun 29, 2026
      • Assets in custody · $3.2B to $2.6B
        Oct 9, 2025 to Jun 29, 2026
      • Discretionary RAUM · $3.2B to $5.8B
        Oct 9, 2025 to Jun 29, 2026
      • Pooled vehicle RAUM · $2.2B to $2.6B
        Oct 9, 2025 to Jun 29, 2026
      • RAUM · $3.2B to $5.8B
        Oct 9, 2025 to Jun 29, 2026
      • Assets in custody · unset to 3247136546.0
        Jun 27, 2025 to Oct 9, 2025
      • Custody of client assets · false to true
        Jun 27, 2025 to Oct 9, 2025
      • Accounts · 7 to 8
        Jul 30, 2024 to Jun 27, 2025
      • Financial planning clients · unset to
        Jul 30, 2024 to Jun 27, 2025
      • Discretionary RAUM · $2.4B to $3.2B
        Jul 30, 2024 to Jun 27, 2025
      • Pooled vehicle RAUM · $1.6B to $2.2B
        Jul 30, 2024 to Jun 27, 2025
      • RAUM · $2.4B to $3.2B
        Jul 30, 2024 to Jun 27, 2025
      • Accounts · 2 to 7
        Jan 25, 2024 to Jun 28, 2024
      • Pooled vehicle clients · 1 to 6
        Jan 25, 2024 to Jun 28, 2024
      • Assets in custody · 18881296.0 to unset
        Jan 25, 2024 to Jun 28, 2024
      • Custody of client assets · true to false
        Jan 25, 2024 to Jun 28, 2024
      • Private funds · unset to 1
        Jan 25, 2024 to Jun 28, 2024
      • Discretionary RAUM · $38.7M to $2.4B
        Jan 25, 2024 to Jun 28, 2024
      • Pooled vehicle RAUM · $198,775 to $1.6B
        Jan 25, 2024 to Jun 28, 2024
      • RAUM · $38.7M to $2.4B
        Jan 25, 2024 to Jun 28, 2024
      • Accounts · unset to 2.0
        May 5, 2023 to Jun 29, 2023
      • Advisory activities · 1 to 3
        May 5, 2023 to Jun 29, 2023
      • Pooled vehicle clients · 0 to 1
        May 5, 2023 to Jun 29, 2023
      • Assets in custody · $200,000 to $18.9M
        May 5, 2023 to Jun 29, 2023
      • Other offices · 0 to 1
        May 5, 2023 to Jun 29, 2023
      • Discretionary RAUM · unset to 38664569.0
        May 5, 2023 to Jun 29, 2023
      • Non-discretionary RAUM · unset to 0.0
        May 5, 2023 to Jun 29, 2023
      • Pooled vehicle RAUM · $0 to $198,775
        May 5, 2023 to Jun 29, 2023
      • RAUM · unset to 38664569.0
        May 5, 2023 to Jun 29, 2023
      • Assets in custody · unset to 200000.0
        Mar 23, 2023 to Apr 18, 2023
      • Custody of client assets · false to true
        Mar 23, 2023 to Apr 18, 2023
      Signals
      5 dated events
      • Stepstone Group Private Debt Llc reported RAUM $5.8B, up 78% from $3.2B (2025-10-09 to 2026-06-29)
        Jun 29, 2026 · RAUM change · derived
      • Stepstone Group Private Debt Llc reported RAUM $3.2B, up 37% from $2.4B (2024-07-30 to 2025-06-27)
        Jun 27, 2025 · RAUM change · derived
      • Christopher Kulick (Chief Operating Officer) no longer on Schedule A of Stepstone Group Private Debt Llc (listed 2023-05-05, absent 2023-06-29)
        Jun 29, 2023 · Control person left · inference
      • P John Mcguinness (Chief Compliance Officer) no longer on Schedule A of Stepstone Group Private Debt Llc (listed 2023-04-18, absent 2023-05-05)
        May 5, 2023 · Control person left · inference
      • Stepstone Group Private Debt Llc filed its initial SEC registration (Form ADV)
        Oct 14, 2022 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      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, Jun 29, 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