StepStone prices 4.1M share offering at $50; no dilution to existing holders

StepStone Group Inc.

Offering of 4,099,997 shares of Class A common stock at $50.00 per share closed September 11, 2024.
Net proceeds will be used to purchase shares from certain holders and to pay cash upon exchange of partnership units.
Company expects no dilution to existing stockholders as a result of the offering.
Underwriting agreement includes customary representations and 60-day lock-up on share sales without underwriter consent.
Offering made under existing shelf registration statement; counsel opinion filed as Exhibit 5.1.

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