(HedgeCo.Net) StepStone Group has become one of the most closely watched public-market proxies for the future of private markets. At a time when private equity exits remain uneven, venture capital liquidity remains constrained, private credit is facing rising scrutiny, and allocators are demanding more transparency from alternative asset managers, StepStone’s latest results offered a strong counterpoint to the industry’s bear case: private markets are still growing, clients are still allocating,...
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