---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-276867"
form_type: "8-K"
ticker: "STEP"
cik: "0001796022"
company_name: "StepStone Group Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:41:30.720682+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# StepStone Group enters Option Agreement to restructure Conversus platform, rebrand as StepStone Private Wealth

## Summary
- StepStone Group entered an Option Agreement on Nov. 2, 2022 for its Conversus platform, which will be rebranded as StepStone Private Wealth.
- CH (Conversus Holdings) can put its profits interest to StepStone for cash or up to 75% SSG Units, with a put window from June 30, 2026 to June 30, 2027.
- StepStone has a call option on the profits interest after July 1, 2027, and can pay up to 75% in SSG Units subject to a three-year lock-up on 70% of units.
- The purchase price includes earnout/earndown adjustments based on Fee-Related Earnings growth, capped at 10% of Net Purchase Price, with additional earnout up to 5% based on Basic ANI.
- J.P. Morgan Securities LLC acted as financial advisor to StepStone for the transaction.

## SEC filing metadata
- accession: 0001193125-22-276867
- form_type: 8-K
- ticker: STEP
- cik: 0001796022
- company_name: StepStone Group Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796022/000119312522276867/0001193125-22-276867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796022/000119312522276867/d383780d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-276867
- JSON: https://secwatch.observer/filing/0001193125-22-276867.json
- Plain text: https://secwatch.observer/filing/0001193125-22-276867.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.