trending Market Intelligence /marketintelligence/en/news-insights/trending/5qckj1yv2gugpxc7zkrzvq2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Moody's assigns corporate family rating to StepStone

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

Moody's assigns corporate family rating to StepStone

Moody's assigned a corporate family rating of Ba3 to StepStone Group LP.

The outlook is stable.

Moody's said the rating reflects the company's established position as a private markets intermediary with a global footprint. The rating also reflects high pro forma leverage of 3.2x, as calculated by Moody's.

The ratings agency noted that the stable outlook reflects its view that StepStone's management fees will continue to grow steadily and leverage will decrease moderately.