Stepstone Group Real Assets LP is an SEC registered investment adviser organized as a limited partnership with a primary office location in La Jolla, CA. Its latest Form ADV filing, dated July 21, 2025, reports $33.1B in regulatory assets under management, 97 employees, 8 offices, and 53 accounts.
Assets Under Management
$33.1B
Employees
97
Offices
8 offices
Total Clients
64
Primary office
LA JOLLA, CA
4225 EXECUTIVE SQUARE, SUITE 1600, LA JOLLA, CA, United States
Portfolio management for pooled investment vehicles
Fee models offered
3 types reported
Asset based fees
Fixed fees
Performance-based fees
Sources checked May 17, 2026
Client Coverage Demographics
Top client segmentPooled Investment Vehicles represent 75.0% of total clients.
Top client categories% of clientsClients
1
Pooled Investment Vehicles
75.0%
48
2
Pension Plans
12.5%
8
3
Investment Cos.
6.3%
4
4
Government
3.1%
2
5
Insurance Cos.
3.1%
2
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$33.1Bas of July 21, 2025
Discretionary55.7%
$18.4B
56% of total RAUM55.7%
Non-discretionary44.3%
$14.7B
44% of total RAUM44.3%
Regulatory assets under management are split between discretionary and non-discretionary assets.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total AUM$33.1B
Total Accounts53
10Y AUM Change+$32.9B (+16351.5%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees97
Clients per Employee1:1
10Y Employee Change+92 (+1840.0%)
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.