StepStone Group Inc (STEP)

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Guggenheim Investments (“Guggenheim”) today announced the closing of an approximately $400 million vehicle that will invest in Guggenheim’s private debt strategy. The transaction was led by Allianz Global Investors (“AllianzGI”). A group of funds managed by StepStone Group (NASDAQ: STEP, “StepStone”) co-underwrote the transaction. This vehicle includes approximately $100 million of financing.

UMB Fund Services, Inc. (UMBFS), a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), announced today its service expansion for StepStone Group Private Wealth LLC, part of StepStone Group Inc. (NASDAQ: STEP), one of the largest asset managers focused exclusively on private markets.

Shares of StepStone Group Inc. (NASDAQ: STEP) traded at a new 52-week high today and are currently trading at $31.88. So far today, approximately 11,309 shares have been exchanged, as compared to an average 30-day volume of 244.41k shares.

The unusually even number of positive and negative surprises this earnings season have afforded mid-cap traders ample opportunities to make money on both sides.

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, reminds investors it is investigating whether certain directors of StepStone Group Inc. (“StepStone”) (NASDAQ: STEP) breached their fiduciary duties to StepStone’s shareholders. If you are a StepStone shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com.

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, reminds investors it is investigating whether certain directors of StepStone Group Inc. (“StepStone”) (NASDAQ: STEP) breached their fiduciary duties to StepStone’s shareholders. If you are a StepStone shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com.

RedBird Capital Partners (“RedBird”), along with private markets investment firm StepStone Group (Nasdaq: STEP), today announced a definitive agreement to acquire a majority stake in Talent Systems, the preeminent casting software and talent marketplace for the entertainment industry. Talent Systems was formed by Co-CEOs Rafi Gordon and Alex Amin and in 2021 managed over 50,000 projects and more than 2 million auditions, facilitating the effective discovery, auditioning and hiring of talent across film, television, commercials, theater and digital productions. Financial terms were not disclosed.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of StepStone Group Inc. (“StepStone” or “the Company”) (NASDAQ: STEP) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of StepStone Group Inc. (“StepStone” or “the Company”) (NASDAQ: STEP) for violations of the securities laws.