Full-Time
Global private markets firm managing capital
$70k - $80k/yr
Remote in USA + 2 more
More locations: La Jolla, San Diego, CA, USA | Baltimore, MD, USA
Hybrid
The posting is hybrid; available work locations include La Jolla, Baltimore, or remote.
Bachelor's
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StepStone is a global private markets firm that manages and allocates capital across private equity, infrastructure, real assets, real estate, and private debt. It oversees about US$91 billion of private capital allocations, including roughly US$24 billion in assets under management, and builds customized investment portfolios for sophisticated investors using a research-driven process that combines primary fund commitments, secondary purchases, and co-investments. The firm operates worldwide with offices in cities such as Beijing, Hong Kong, London, New York, and Tokyo, among others. StepStone differentiates itself by its integrated approach to private markets (primaries, secondaries, and co-investments), its disciplined, research-based investment process, and its ability to tailor portfolios for large institutional clients. The goal is to provide tailored, diversified private markets exposure and capital allocation solutions that meet the needs of demanding investors.
Company Size
501-1,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2007
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Health Insurance
401(k) Retirement Plan
Mental Health Support
Paid Vacation
Wellness Program
System One, a Pittsburgh-based provider of specialized technical outsourced services and workforce solutions, has completed an investment from funds managed by Oaktree Capital Management and StepStone Group. Financial terms were not disclosed. Founded over 40 years ago, System One operates in more than 50 locations and employs over 10,000 professionals, primarily in the United States. The company serves blue-chip and government clients across utilities, telecom, industrial, and other commercial sectors with critical infrastructure needs. The investment will support System One's growth strategy and expand its service capabilities. Oaktree, which was already an investor, renewed its partnership whilst StepStone joins as a new investor. Moelis served as financial adviser and Kirkland & Ellis as legal counsel to System One and Oaktree. Debevoise & Plimpton advised StepStone.
Voya Energy has unveiled an aluminum-based metal fuel energy system paired with an electrochemical generator that produces electricity without combustion or air emissions. The company closed a $35 million Series A round led by Energy Impact Partners, with participation from John Doerr, Mantis VC, StepStone, Founders Fund and others. The Hayward, California-based startup targets data centres and industrial operators constrained by grid access or permitting. Its fuel is produced from low-grade scrap aluminium and converted into electricity through a low-temperature electrochemical process. The industrial-scale design is expected to deliver up to two megawatts from a standard 20-foot container. Initial deployments are planned for 2027, with manufacturing scale-up in 2028. Nearly a dozen companies are partnering with Voya on pilot demonstrations.
StepStone Group has closed its first dedicated infrastructure secondaries fund, raising $1.7 billion across the fund and related separate accounts. The StepStone Secondaries Infrastructure Fund (SSIF) attracted $1.5 billion in capital commitments, exceeding its target and reaching its hard cap. The fund acquires limited partner interests in infrastructure funds and invests in GP-led secondary funds managed by experienced third-party infrastructure general partners. As of August 2026, the fund was approximately 50% deployed across 26 closed deals, many in the middle market. StepStone Infrastructure & Real Assets deploys an average of $13 billion annually across primary funds, secondaries, and co-investments. The firm oversees approximately $913 billion in total capital as of June 2026.
Company surpasses $1 billion valuation as investors back proven technology designed to address AI’s mounting power constraints across data centers and Physical AI SANTA CLARA, Calif., August 18, 2026 – Velaura AI, Inc., an AI compute infrastructure company developing ultra-low-power silicon and software technologies, today announced that it has raised $110 million in Series A […]
Velaura AI has raised $110 million in Series A funding, achieving unicorn status with a valuation exceeding $1 billion. The round was led by Seligman Ventures, with participation from Capricorn Investment Group and existing backers Samsung Catalyst Fund and StepStone Group. The chip designer focuses on low-power designs aimed at reducing energy costs for AI data centres. According to Reuters, the company is positioning efficiency as a key differentiator as the industry faces physical constraints around electricity consumption, cooling requirements, and power delivery capacity. Velaura's approach addresses what investors see as AI's emerging bottleneck: not model sophistication, but the practical limitations of data centre infrastructure.