---
schema_version: "secwatch.filing_event.v1"
accession: "0001796022-26-000002"
form_type: "8-K"
ticker: "STEP"
cik: "0001796022"
company_name: "StepStone Group Inc."
filed_at: "2026-06-01T20:55:45+00:00"
generated_at: "2026-06-01T20:57:31.054285+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# StepStone completes third exchange, now owns 65% of three asset class entities

## Summary
- Acquired ~5% of SRE, SRA, and SPD in the 2026 Exchange, bringing ownership to 65% each.
- Consideration included ~$10M cash, 972,685 Class A shares, and 2,438,273 Class D Units.
- Class A shares and Class D Units issued in unregistered transactions under Section 4(a)(2) of Securities Act.
- Exchange ratios based on estimated adjusted net income of entities relative to StepStone's trading multiple.

## SEC filing metadata
- accession: 0001796022-26-000002
- form_type: 8-K
- ticker: STEP
- cik: 0001796022
- company_name: StepStone Group Inc.
- filed_at: 2026-06-01T20:55:45+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796022/000179602226000002/0001796022-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796022/000179602226000002/step-20260529.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001796022-26-000002
- JSON: https://secwatch.observer/filing/0001796022-26-000002.json
- Plain text: https://secwatch.observer/filing/0001796022-26-000002.txt

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