Stepstone Group LP
Corporate venture, based in La Jolla, California, reporting $9.7B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
17 additional team members, 22 additional co-investors and affiliates, 46 additional investments, funds and LPs, 27 events, 1 verified contact (1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 2 companiesnew in 12 months
2 new companies in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
- 1 vehiclenew on Form ADV, 12 months
Silverstone 2026 Secondary Aggregator II was first reported on Form ADV on 30 Jul 2026.
A vehicle reported for the first time is a new fund in the adviser's own filing.
People to know
View all people- Head Of Portfolio Management, PartnerWhy: Heads an investment areaNo route on file yet
- PartnerWhy: Partner: part of the investment decisionNo route on file yet
Relationship network
79 connected entities3 observed rounds2 dated rounds shown here, 2026
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Capital provider
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Stepstone Group LP: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Stepstone Group LP
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
4 companies on record, 2 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Highalpha | portfolio listing | lead | unknown | unknown | unknown | Sep 21, 2026 | Fact Company website |
| EDGE Markets, Inc. | Series A · Series A | participant | unknown | $29.2M | unknown | Jun 8, 2026 | Fact Press release |
| Upscale AI | Seed · Seed | participant | John Avirett (confirmed) | $100M | unknown | Jan 21, 2026 | Fact Press release |
Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
12 current, 14 departed
Decision makers
- Thomas Porter Keck · Head Of Portfolio Management, PartnerWhy this person: Heads an investment area; Named with investment responsibility
- John Avirett · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility
Who else at this firm · 1 person, grouped by function
- Bendukai Edward Bouey · Chief Compliance OfficerWhy this person: Chief Compliance Officer at the firm
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Partner · 1 deal attributed
- Head Of Portfolio Management, Partner
- Chief Compliance Officer
15 departed (kept with end dates)
- Antoinette Marie Keck · Trustee · Feb 1, 2002 to Oct 12, 2020 Inference
- Deidre Alice Buddin · Trustee · Jan 1, 2008 to Jun 30, 2021 Inference
- Monte Mack Brem · Executive Chairman · Mar 1, 2007 to Jun 28, 2024 Inference
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
40 vehicles, 2 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Silverstone 2026 Secondary Aggregator II, L.P. | Fund | 2026 name year | Early deployment | $560M Jul 30, 2026 | 9 | unknown | unknown |
| Stepstone Vc Global Partners Ix-A, L.P. | Feeder or parallel | 2022 adv first reported | Active deployment | $1.4B Jul 30, 2026 | 301 | $0 of $881M | Dec 18, 2018 |
| Stepstone Vc Global Partners Vii-A, L.P. | Feeder or parallel | 2022 adv first reported | Active deployment | $462M Jul 30, 2026 | 197 | $0 of $400M | Apr 21, 2015 |
Limited partners
- 2 commitments to 2 funds · $80.0M disclosed
- 1 commitment · amounts undisclosed
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| San Diego City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | Stepstone Tactical Growth Fund III, L.P. | $45.0M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
| San Diego City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | Stepstone Tactical Growth Fund II, L.P. | $40.0M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
| San Diego City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | Stepstone Tactical Growth Fund, L.P. | $40.0M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
Relationships across DFX
25 co-investors · on 6 other DFX graphs
Co-investors
- 2026-09-211 shared deal · one time · this firm led 1
- 2026-09-211 shared deal · one time · this firm led 1
- 2026-09-211 shared deal · one time · they led 1 · this firm led 1
Compare portfolios with Bowery Capital, PHX Ventures, Gradient Ventures or any firm. Co-investors across the market
Across DFX and the capital chainon 6 other DFX graphs · 17 capital paths ShowHide
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Allocators (2 records), Independent Sponsors (2 records), Private Equity, Real Estate Funds, RIA and Wealth, Private Credit, matched by identifier. See which records
Stepstone Group LP is the same institution as 8 records in Allocators, Independent Sponsors, Private Equity, Real Estate Funds, RIA and Wealth and Private Credit.
DFX found 8 relationships across 6 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Stepstone Group LP sits on 17 traced paths of capital across the graphs.
DFX traced 17 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
32 dated events, 89 observations from 5 sources
Timeline
- Jul 30, 2026Silverstone 2026 Secondary Aggregator II, L.P. first reported on Form ADV by Stepstone Group LP (Venture Capital Fund), GAV $559,702,349
- Jun 2, 2025Illinois TRS lists Stepstone Group among its private equity managersLP commitment disclosedLPsFactTeachers' Retirement System of the State of IllinoisPension disclosure
- Jun 28, 2024Monte Mack Brem (Executive Chairman) no longer on Schedule A of Stepstone Group LP
- Jan 18, 2024Johnny Dale Randel (Chief Financial Officer, Partner) no longer on Schedule A of Stepstone Group LP
- Jan 1, 2024David Park joined Schedule A of Stepstone Group LP as Chief Financial Officer
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Jul 30, 2026 · 409 private fundsShowHide
- Headquarters
- La Jolla, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- stepstonepw.com
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Jul 30, 2026
- Private funds reported
- 409 (37 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $123Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $108Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 978
- Owners on Schedule A
- Stepstone Group Inc. (Sole Managing Member), owns 75% or more; Stepstone Group Holdings LLC (General Partner), owns under 5%
Classification history
Classification history
Every classification this record has carried1 on recordShowHide
- Sep 12, 2026Corporate venture (probable, 80%)
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Jul 30, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Jul 30, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Jul 30, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Jul 30, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Jul 30, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Jul 30, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 13, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-07-30 | Jul 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-07-30 | Jul 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-07-30 | Jul 30, 2024 | Fact | Form ADV |
| SEC status | Approved | Jul 30, 2026 | Fact | Form ADV |
| SEC status effective | 2007-07-27 | Jul 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Jul 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Jul 30, 2024 | Fact | Form ADV |
| Business phone | Jul 30, 2026 | Fact | Form ADV | |
| Business phone | Jul 30, 2024 | Fact | Form ADV | |
| Contact page url | Sep 16, 2026 | Fact | ||
| Employees | 978 | Jul 30, 2026 | Fact | Form ADV |
| Employees | 689 | Jul 30, 2024 | Fact | Form ADV |
| Headquarters | La Jolla, CA | Jul 30, 2026 | Fact | Form ADV |
| Headquarters | La Jolla, CA | Jul 30, 2024 | Fact | Form ADV |
| Lp strategy label | Growth Equity | Sep 13, 2026 | Fact | Pension disclosure |
| Office address | Jul 30, 2026 | Fact | Form ADV | |
| Office address | Jul 30, 2024 | Fact | Form ADV | |
| Legal form | Limited Partnership | Jul 30, 2026 | Fact | Form ADV |
| PE funds reported | 370 | Jul 30, 2026 | Fact | Form ADV |
| Private funds reported | 409 | Jul 30, 2026 | Fact | Form ADV |
| Private funds reported | 409 | Jul 30, 2026 | Fact | Form ADV |
| Private funds reported | 333 | Jul 30, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $123B | Jul 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $123B | Jul 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $93B | Jul 30, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $108B | Jul 30, 2026 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $86B | Jul 30, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Jul 30, 2026 | Fact | Form ADV |
| Venture funds reported | 37 | Jul 30, 2026 | Fact | Form ADV |
| Venture funds reported | 37 | Jul 30, 2026 | Fact | Form ADV |
| Venture funds reported | 36 | Jul 30, 2024 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Jul 30, 2024 | Fact | Form ADV | |
| Website | Jul 30, 2024 | Fact | Form ADV | |
| Website resolved domain | stepstonegroup.com | Oct 1, 2026 | Fact | |
| Website resolved domain | stepstonegroup.com | Sep 19, 2026 | Fact | |
| Website resolved domain | stepstonegroup.com | Sep 18, 2026 | Fact | |
| Website resolved domain | stepstonegroup.com | Sep 17, 2026 | Fact | |
| Website resolved domain | stepstonegroup.com | Sep 16, 2026 | Fact | |
| Website resolved domain | stepstonegroup.com | Sep 14, 2026 | Fact | |
| Website status | unreachable “home page did not answer with HTML” | Sep 20, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersCorporate venture, probable · 2 filing advisers share this firmShowHide
Corporate parent: Stepstone Group Inc.
This firm files as 2 advisers on stepstonepw.com: Stepstone Private Wealth. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 0.9 · funds: 1 · people: 0.12 · investments: 0.22 · co investors: 0.56
- active deployment
- investments 12m: 0.25 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-06-08
- emerging manager
- fund count: 40 · reported gav: $9.7B · first adv filing: 2012-03-29 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 58.9confidence 100%Why: sector fit; stage fit; geography fit; activityWatch: adjacent portfolio
- score 58.9confidence 100%Why: sector fit; stage fit; geography fit; activityWatch: adjacent portfolio
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- LP commitment disclosed2025-06-02source on record
- Adviser's first ADV filing2012-03-29source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.