StepStone Group Financial Services Acquisition | M&A Deal

StepStone Group has completed the acquisition of a financial services other business in State, for $1.58bn. StepStone Group acquisitions focus on private credit opportunities, pooling capital for credit strategies within financial services M&A. The other acquisition supports private equity acquisition activity by expanding access to second credit opportunities funds and related investment capabilities. The closed deal is an other deal type with a $1.58bn final close, driven by StepStone’s private markets fundraising momentum and demand for credit exposure.