Investment adviser · CRD 143635

STEPSTONE GROUP LP

Investment adviser filing (IA)

LA JOLLA, CA, United States · Form ADV filed Jul 30, 2026

Regulatory AUM: $108B
Client accounts: 412
Employees: 978
Advisory professionals: 209

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	413	$107,824,428,426	100.0%
High-net-worth individuals	14	Not reported	Not reported
Banks & thrifts	9	Not reported	Not reported
Investment companies	18	Not reported	Not reported
Retirement plans	20	Not reported	Not reported
Charities	19	Not reported	Not reported
Government entities	20	Not reported	Not reported
Other investment advisers	28	Not reported	Not reported
Insurance companies	13	Not reported	Not reported
Sovereign wealth & foreign institutions	Fewer than 5	Not reported	Not reported
Corporations & businesses	Fewer than 5	Not reported	Not reported

Filing source

Form ADV 2122468 · Jul 30, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

50+ Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

Browse the first 49 funds across 7 pages.

STEPSTONE H OPPORTUNITIES FUND, L.P.Private Equity Fund · Last reported Jul 30, 2026$15.8BGross asset value

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian JPMORGAN CHASE BANK, NA NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No

Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Fund details & source

Fund ID: 805-1211824550
Reported beneficial owners: 3
Minimum commitment: $10B

Form ADV 2122468 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

STEPSTONE SECONDARY OPPORTUNITIES FUND V OFFSHORE HOLDINGS, L.P.Private Equity Fund · Last reported Jul 30, 2026$5.27BGross asset value

Feeder funds

STEPSTONE SECONDARY OPPORTUNITIES FUND V OFFSHORE, L.P.

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP GRAND CAYMAN, Cayman Islands

Custodian GOLDMAN SACHS BANK USA NEW YORK, New York, United States Related to adviser: No

Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Marketer PROSNAV CAPITAL CO., LTD LUXEMBOURG, Luxembourg Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 1655

Fund details & source

Fund ID: 805-9318345457
Reported beneficial owners: 138
Minimum commitment: $20K

Form ADV 2122468 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

STEPSTONE K STRATEGIC OPPORTUNITIES FUND V, L.P.Private Equity Fund · Last reported Jul 30, 2026$4.61BGross asset value

Fund administrator STANDISH MANAGEMENT SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian J.P. MORGAN CHASE BANK NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source

Fund ID: 805-7950837243
Reported beneficial owners: 3
Minimum commitment: $4.5B

Form ADV 2122468 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

STEPSTONE K STRATEGIC OPPORTUNITIES FUND IV, L.P.Private Equity Fund · Last reported Jul 30, 2026$4.13BGross asset value

Fund administrator STANDISH MANAGEMENT SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian JPMORGAN CHASE BANK, NA NEW YORK, New York, United States Related to adviser: No

Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source

Fund ID: 805-5639893219
Reported beneficial owners: 3
Minimum commitment: $3B

Form ADV 2122468 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

STEPSTONE VC SECONDARIES FUND VI LPPrivate Equity Fund · Last reported Jul 30, 2026$3.22BGross asset value

Feeder funds

STEPSTONE VC SECONDARIES FUND VI (CAYMAN) LP

Fund administrator VIRIDIS FUND SOLUTIONS OWINGS MILLS, Maryland, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source

Fund ID: 805-9115992373
Reported beneficial owners: 800
Minimum commitment: $10K

Form ADV 2122468 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

STEPSTONE VC SECONDARIES FUND V, L.P.Private Equity Fund · Last reported Jul 30, 2026$3.21BGross asset value

Form D fundraising filings

StepStone VC Secondaries Fund V, L.P.

Feeder funds

GREENSPRING SECONDARIES FUND V (CAYMAN), L.P.;

Fund administrator VIRIDIS FUND SOLUTIONS OWINGS MILLS, Maryland, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Marketer BULLTICK, LLC MIAMI, Florida, United States Related to adviser: No

Marketer CAPITAL ADVISORY PARTNERS AUKLAND, New Zealand Related to adviser: No

Marketer CH ADVISORS ZURICH, Switzerland Related to adviser: No

Marketer DETLEF MACKEWICZ MUNCHEN, Germany Related to adviser: No

Marketer FOCUSPOINT PRIVATE CAPITAL GROUP NEW YORK, New York, United States Related to adviser: No

Marketer GREENSTONE DUBAI, United Arab Emirates Related to adviser: No

Marketer GROVEPEAK S.A.S. BOGATA, Colombia Related to adviser: No

Marketer MONUMENT GROUP, INC. BOSTON, Massachusetts, United States Related to adviser: No

Marketer PRINCIPLE ADVISORY SERVICES SYDNEY, Australia Related to adviser: No

Marketer STIFEL, NICOLAUS & COMPANY, INCORPORATED ST. LOUIS, Missouri, United States Related to adviser: No

Marketer TOM LAWRENCE PAGET, Bermuda Related to adviser: No

Marketer VCP APEX (US) NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

BULLTICK, LLC
CRD 104005 · SEC 8-52493

FOCUSPOINT PRIVATE CAPITAL GROUP
CRD 122341 · SEC 8-65488

MONUMENT GROUP, INC.
CRD 36399 · SEC 8-47248

STIFEL, NICOLAUS & COMPANY, INCORPORATED
CRD 793 · SEC 801-10746

VCP APEX (US)
CRD 169090 · SEC 8-69347

Fund details & source

Fund ID: 805-3741266258
Reported beneficial owners: 1,142
Minimum commitment: $16K
Form D file number: 021-393149

Form ADV 2122468 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

STEPSTONE K STRATEGIC OPPORTUNITIES FUND III, L.P.Private Equity Fund · Last reported Jul 30, 2026$2.23BGross asset value

Fund administrator STANDISH MANAGEMENT SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian JPMORGAN CHASE BANK N.A. NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No

Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Fund details & source

Fund ID: 805-5531545453
Reported beneficial owners: 3
Minimum commitment: $2B

Form ADV 2122468 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jul 30, 2026. View historical filings

Reported services

Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Pension consulting · Selection of other advisers

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

4225 EXECUTIVE SQUARE, SUITE 1600
LA JOLLA, CA, 92037, United States

CRD 143635

Filing source

Form ADV 2122468 · Jul 30, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.