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This week, StepStone Group announced the acquisition of Greenspring Associates. The combined team of over 70 venture capital and growth equity focused investment professionals working across the United States, Europe and Asia, would manage approximately $22 billion of venture capital and growth equity assets.
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“StepStone is thrilled to add Greenspring, a company and talented management team we have long admired, to our private markets platform. Joining forces with Greenspring allows StepStone to scale our venture capital and growth equity capabilities, further broadening the menu of private equity solutions as we seek to build the highest quality portfolios for our clients,” said Scott Hart, StepStone’s Co-CEO.
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