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StepStone closes Swiss Capital Alternative Investments deal

StepStone Group LP has closed its purchase of Swiss Capital Alternative Investments AG.

StepStone launched StepStone Private Debt and StepStone Hedge Funds as part of the transaction. Swiss Capital, a provider of private debt and hedge fund solutions, has more than $5 billion in assets under management and has 50 employees in its offices in Zurich and Dublin. As a result of the transaction, StepStone will have 90 professionals in three offices in Europe, including London.