
StepStone Group’s second quarter results were met with a negative market reaction, as both revenue and adjusted earnings per share came in below Wall Street expectations. Management attributed the quarter’s performance to continued strength in fee-related earnings, driven by robust fundraising across both commingled and managed accounts, as well as the rapid growth of its Private Wealth platform. CEO Scott Hart described the company’s client retention as “enviable” and highlighted expansion in P
Yahoo! News
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