StepStone actively invests in attractive private equity investments through the secondary market. Our secondary investment strategy principally focuses on smaller transactions and, to a lesser degree, select larger transactions where favorable competitive dynamics exist or where we believe we have a distinct advantage. StepStone offers investors the flexibility to access the Firm’s secondary program through a managed account or a commingled vehicle.
Our investors continue to benefit from superior risk-adjusted returns which we attribute to our access to unique sourcing capabilities, research-driven analysis, and our ability to purchase high quality assets at prices below their intrinsic value.
StepStone’s secondary investment program is managed by a team of four senior Partners who specialize in secondary investments and who collectively possess 44 years of private equity experience. Having partnered together for more than a decade, our senior team draws upon extensive industry and seller networks, historical transactional perspectives, manager knowledge, as well as competitive and strategic insight.