Stepstone Group (STEP) news

Stepstone Group closes its infrastructure secondaries fund, raising $1.7 billion across the fund and related separate accounts

StepStone Group Inc. (Nasdaq: STEP) has announced the final close of its infrastructure co-investment fund, StepStone Infrastructure Co-Investment Partners 2022 (SICP), alongside related separate accounts, with over $1.4 billion in capital commitments . The fund significantly exceeded its initial…

Stepstone Group Inc Q1 adjusted EPS USD 0.48 vs. IBES estimate USD 0.51

Stepstone Group Inc: JP Morgan cuts target price to $69 from $79

JP Morgan has revised its price target for StepStone Group Inc (STEP), lowering it to $69 from a previous $79, reflecting a reassessment of the firm’s valuation and market dynamics. The adjustment comes amid evolving conditions in the real estate and private markets, where StepStone plays a key…

Axel Springer sees 2026 adj. EBIT up high-single-digit percent

Axel Springer SE reported adjusted EBIT growth expectations for 2026, projecting an increase in the high-single-digit percentage range, driven by continued investment in digital media and strategic acquisitions. The company has maintained a long-term growth strategy focused on expanding its digital…

Sima.ai in talks to raise over $100M

SiMa.ai, a San Jose-based developer of Physical AI solutions, has been in discussions to raise over $100 million in new funding, according to recent reports. The company, which has previously secured $355 million in total funding across multiple rounds, is seeking additional capital to support its…