Firm profile

Stepstone Group Private Debt LLC

LA JOLLA, CACRD 323711Registration Status: ApprovedEffective since November 14, 2022SEC # 801-126880Latest ADV June 29, 2026

Stepstone Group Private Debt LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in La Jolla, CA. Its latest Form ADV filing, dated June 29, 2026, reports $5.8B in regulatory assets under management, 0 employees, 2 offices, and 9 accounts.

Assets Under Management
$5.8B
Employees
—
Offices
2 offices
Total Clients
9

Associated firm names

1 name listed
  • STEPSTONE GROUP PRIVATE DEBT LLC

Leadership

5 roles identified
CEOAriel Goldblatt
CCOBendukai E. Bouey
CFODavid Y. Park

Advisory services offered

3 types reported
Other advisory services
Portfolio management for investment companies
Portfolio management for pooled investment vehicles

Fee models offered

2 types reported
Asset based fees
Performance-based fees

Offices & Contact

Primary office

LA JOLLA, California, United States

Loading map…

Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

California

LA JOLLAPrimary office

New York

NEW YORK

2 office records listed · 2 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$5.8Bas of June 29, 2026
Discretionary100.0%
$5.8B
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.

Client Coverage Demographics

Top client segmentPooled Investment Vehicles represent 77.8% of total clients.
Top client categories% of clientsClients
1
Pooled Investment Vehicles
77.8%
7
2
Investment Cos.
11.1%
1
3
BDCs
11.1%
1
Categories with <5 clients
State or municipal government entities (including govt. pension plans)<5 clients

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$5.8B
Total Accounts9
10Y AUM Change+$5.8B

Private Funds

Private funds reported by Stepstone Group Private Debt LLC

Loading private fund disclosures…

Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees—
Clients per Employee—
10Y Employee Change0

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
STEPSTONE GROUP PRIVATE DEBT AGDirect owner · Schedule AInterest in STEPSTONE GROUP PRIVATE DEBT LLC
75%+
ARIEL GOLDBLATTDirect owner · Schedule AInterest in STEPSTONE GROUP PRIVATE DEBT LLC
< 5%
DAVID YONGIL PARKDirect owner · Schedule AInterest in STEPSTONE GROUP PRIVATE DEBT LLC
< 5%
JENNIFER YAYOI ISHIGURODirect owner · Schedule AInterest in STEPSTONE GROUP PRIVATE DEBT LLC
< 5%
STEPSTONE GROUP LPIndirect owner · Schedule BInterest in STEPSTONE EUROPE LIMITED
75%+
STEPSTONE GROUP INCIndirect owner · Schedule BInterest in STEPSTONE GROUP HOLDINGS LLC
75%+
SC PARTNER LPIndirect owner · Schedule BInterest in STEPSTONE GROUP PRIVATE DEBT AG
50% to < 75%
HANS JORG BAUMANNIndirect owner · Schedule BInterest in SC GENERAL PARTNER LTD.
50% to < 75%
STEPSTONE EUROPE LIMITEDIndirect owner · Schedule BInterest in STEPSTONE GROUP PRIVATE DEBT AG
25% to < 50%
HANS JORG BAUMANNIndirect owner · Schedule BInterest in SC PARTNER LP
25% to < 50%
STEPSTONE GROUP INC.Indirect owner · Schedule BInterest in STEPSTONE GROUP LP
25% to < 50%

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Stepstone Group Private Debt LLC.

Reported ownership and control details

Form ADV · Filing date 2026-06-29 · Schedules A and B

15 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1STEPSTONE GROUP PRIVATE DEBT AGMEMBERForeign entitySTEPSTONE GROUP PRIVATE DEBT LLC75% or moreCode EYesMEMBER09/2022Schedule APDF page 32
2ARIEL GOLDBLATTPARTNER, CHIEF EXECUTIVE OFFICER / CHIEF INVESTMENT OFFICERIndividualSTEPSTONE GROUP PRIVATE DEBT LLCLess than 5%Code NAYesPARTNER, CHIEF EXECUTIVE OFFICER / CHIEF INVESTMENT OFFICER10/2022Schedule APDF page 32
3DAVID YONGIL PARKPARTNER, CHIEF FINANCIAL OFFICERIndividualSTEPSTONE GROUP PRIVATE DEBT LLCLess than 5%Code NAYesPARTNER, CHIEF FINANCIAL OFFICER10/2022Schedule APDF page 32
4JENNIFER YAYOI ISHIGUROPARTNER, CHIEF LEGAL OFFICERIndividualSTEPSTONE GROUP PRIVATE DEBT LLCLess than 5%Code NAYesPARTNER, CHIEF LEGAL OFFICER10/2022Schedule APDF page 32
5BENDUKAI EDWARD BOUEYCHIEF COMPLIANCE OFFICERIndividualSTEPSTONE GROUP PRIVATE DEBT LLCLess than 5%Code NAYesCHIEF COMPLIANCE OFFICER06/2023Schedule APDF page 32
6JOSEPH ARTHUR CAMBARERICHIEF OPERATING OFFICERIndividualSTEPSTONE GROUP PRIVATE DEBT LLCLess than 5%Code NAYesCHIEF OPERATING OFFICER06/2023Schedule APDF page 32
7SC PARTNER LPSHAREHOLDERForeign entitySTEPSTONE GROUP PRIVATE DEBT AG50% to less than 75%Code DYesSHAREHOLDER12/2016Schedule BPDF page 33
8STEPSTONE EUROPE LIMITEDSHAREHOLDERForeign entitySTEPSTONE GROUP PRIVATE DEBT AG25% to less than 50%Code CYesSHAREHOLDER12/2016Schedule BPDF page 33
9SC GENERAL PARTNER LTD.GENERAL PARTNERForeign entitySC PARTNER LPPercentage not specifiedCode FYesGENERAL PARTNER12/2016Schedule BPDF page 33
10HANS JORG BAUMANNLIMITED PARTNERIndividualSC PARTNER LP25% to less than 50%Code CYesLIMITED PARTNER12/2016Schedule BPDF page 33
11HANS JORG BAUMANNSHAREHOLDERIndividualSC GENERAL PARTNER LTD.50% to less than 75%Code DYesSHAREHOLDER12/2016Schedule BPDF page 33
12STEPSTONE GROUP LPSHAREHOLDERDomestic entitySTEPSTONE EUROPE LIMITED75% or moreCode EYesSHAREHOLDER12/2016Schedule BPDF page 33
13STEPSTONE GROUP HOLDINGS LLCGENERAL PARTNERDomestic entitySTEPSTONE GROUP LPPercentage not specifiedCode FYesGENERAL PARTNER01/2013Schedule BPDF page 33
14STEPSTONE GROUP INCSOLE MANAGING MEMBERDomestic entitySTEPSTONE GROUP HOLDINGS LLC75% or moreCode EYesSOLE MANAGING MEMBER09/2020Schedule BPDF page 33
15STEPSTONE GROUP INC.PARTNERDomestic entitySTEPSTONE GROUP LP25% to less than 50%Code CYesPARTNER09/2020Schedule BPDF page 33

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 6/29/2026 3:06:53 PM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* 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.