StepStone, a global private markets specialist, has launched Conversus, a new platform focused on delivering StepStone's institutional capabilities to high net worth and mass affluent investors.
Conversus will leverage StepStone's deep expertise across private equity, real estate, private debt and infrastructure to develop and distribute innovative products for individual investors. Together, Conversus and StepStone will integrate fund investments, secondaries and co-investments to create customized product solutions for the private wealth sector. "Growing demand by high net worth and mass affluent investors for private market assets is a strong secular trend," said Jason Ment, President and Co-COO of StepStone. "Creating products to meet this demand is a natural extension of our franchise. We believe the same tools we employ for sophisticated institutional investors can benefit individual investors. We look forward to our partnership with the Conversus team, who have shown they can create innovative products and bring institutional investment capabilities to the high net worth and mass affluent markets."