Stepstone Group Real Estate Lp
- Regulatory AUM
- $17.2B
- Discretionary
- $15.4B
- Clients
- 88
- Avg AUM / client
- $196M
- Accounts
- 67
- Employees
- 117
AUM over time
Annual snapshots from Form ADV filings · as of Jul 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Banking or thrift institutions | 1 | — | — |
| Pooled investment vehicles (non-investment companies) | 61 | $15.9B | 92.3% |
| Pension and profit sharing plans | 7 | $1.3B | 7.66% |
| State or municipal government entities | 11 | $15.7M | 0.09% |
| Other investment advisers | 4 | — | — |
| Insurance companies | 1 | — | — |
| Sovereign wealth funds and foreign official institutions | 3 | — | — |
Private funds (56)
View all →Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $13.8B combined gross assets
People (11)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Fernandez, Jose, Agustin | Co Chief Operating Officer, Partner | Mar 2007 (19y) | Less than 5% | |
| Ment, Jason, Paul | President And Co Chief Operating Officer, Partner | May 2014 (12y) | Less than 5% | |
| Hart, Scott, William | Chief Executive Officer, Partner | Aug 2019 (7y) | Less than 5% | |
| Ishiguro, Jennifer, Yayoi | Chief Legal Officer, Partner | Sep 2019 (7y) | Less than 5% | |
| Macdonald, Brendan, Coady | Trustee | Dec 2020 (6y) | GP / trustee / elected manager of Macdonald Family Living Trust (indirect) | |
| Mac Donald, Aurelie, Marie | Trustee | Dec 2020 (6y) | GP / trustee / elected manager of Macdonald Family Living Trust (indirect) | |
| Giller, Jeffrey, Manuel | Trustee | Sep 2021 (5y) | GP / trustee / elected manager of Jeff And Yvette Giller Living Trust Dated September 22, 2021 (indirect) | |
| Giller, Yvette, Birch | Trustee | Sep 2021 (5y) | GP / trustee / elected manager of Jeff And Yvette Giller Living Trust Dated September 22, 2021 (indirect) | |
| Cleveland, Josh, Garrett | Limited Partner | Dec 2021 (5y) | ≈ 3.75% – 10% via Low Country Investments Lp | |
| Bouey, Bendukai, Edward | Chief Compliance Officer | Jun 2023 (3y) | Less than 5% | |
| Park, David, Yongil | Chief Financial Officer | Jan 2024 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Stepstone Group Lp | Partner | May 2014 | A | 50% – 75% |
| Giller Family Holding Lp | Partner | Dec 2021 | A | 10% – 25% |
| The Brendan And Aurelie Macdonald Family Limited Partnership | Partner | Dec 2021 | A | 5% – 10% |
| Low Country Investments Lp | Partner | Dec 2021 | A | 5% – 10% |
| Stepstone Group Real Estate Holdings Llc | General Partner | May 2014 | A | Less than 5% |
| Stepstone Group Inc. | Sole Managing Member | Sep 2020 | B | 75% or more of Stepstone Group Holdings Llc (indirect) |
| Jeff And Yvette Giller Living Trust Dated September 22, 2021 | Limited Partner | Nov 2021 | B | ≈ 7.5% – 25% via Giller Family Holding Lp |
| Macdonald Family Living Trust | Limited Partner | Dec 2021 | B | ≈ 3.75% – 10% via The Brendan And Aurelie Macdonald Family Limited Partnership |
| Stepstone Group Lp | Member | May 2014 | B | ≈ 0% – 3.75% via Stepstone Group Real Estate Holdings Llc |
| Stepstone Group Holdings Llc | General Partner | May 2014 | B | GP / trustee / elected manager of Stepstone Group Lp (indirect) |
Undisclosed: 0% – 30% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Cleveland, Josh, Garrett: 75% – 100% of Low Country Investments Lp × 5% – 10% direct ≈ 3.75% – 10% of the firm
- Jeff And Yvette Giller Living Trust Dated September 22, 2021: 75% – 100% of Giller Family Holding Lp × 10% – 25% direct ≈ 7.5% – 25% of the firm
- Macdonald Family Living Trust: 75% – 100% of The Brendan And Aurelie Macdonald Family Limited Partnership × 5% – 10% direct ≈ 3.75% – 10% of the firm
- Stepstone Group Lp: 50% – 75% of Stepstone Group Real Estate Holdings Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (56, $13.8B gross assets)
Top 25 of 56 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/29/2026 | 14.7 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 30, 2026.
View current Form ADV (SEC/IAPD) ↗