StepStone has been a pioneer in the area of building customized private equity portfolios to meet the specific needs of each institutional investor. In the past, managers have treated all institutional investors the same, regardless of risk tolerance, cash flow, duration preference, and exposure in other assets classes. We work closely with our clients to develop an investment plan that is tailored to meet the specific institution’s investment goals, risk/return preferences and particular areas of expertise or interest. In addition, StepStone’s approach provides for adjustments based on changes in market conditions or the institution’s situation.
StepStone further customizes its private equity portfolios by integrating fund, secondary and co-investments. This integrated approach improves portfolio returns, reduces fees, shortens investment duration and allows for further portfolio allocation targeting than a pure primary fund portfolio.