StepStone Real Estate Announces Senior Management Team Realignment
February 08 2021 - 9:00AM
StepStone Real Estate (SRE) announced today that it has realigned
its senior management team by appointing the following titles and
responsibilities: Josh Cleveland, Partner, was named Head of EMEA;
Kieran Farrelly, Partner, was named Head of Market Research;
Brendan MacDonald, Partner, was named Chief Operating Officer; and
John Waters, Partner, was named Head of Investments. Jeff Giller
remains Head of StepStone Real Estate.
Jeff Giller said, “Giving our high quality senior management
team members direct responsibility for regional and functional
areas such as operations, investments and market research will
ensure that as we grow, we will continue to maintain the high
standards that SRE’s investors and clients deserve.”
As previously announced, SRE’s special situations secondaries
fund closed in September 2020 with commitments exceeding the fund’s
target by 40%, and SRE continues to expand its advisory service
practice. In November, Margaret McKnight, formerly Chief Investment
Officer and Head of the Americas for Carlyle’s Metropolitan Real
Estate Investment Management division, joined SRE as Partner.
About StepStone and StepStone Real Estate
StepStone Group Inc. (Nasdaq: STEP) is a global private markets
investment firm focused on providing customized investment
solutions and advisory and data services to its clients. As of
September 30, 2020, StepStone oversaw $313 billion of private
markets allocations (including $104 billion within StepStone Real
Estate), and $72 billion of assets under management. StepStone’s
clients include some of the world’s largest public and private
defined benefit and defined contribution pension funds, sovereign
wealth funds and insurance companies, as well as prominent
endowments, foundations, family offices and private wealth clients,
which include high-net-worth and mass affluent individuals.
StepStone partners with its clients to develop and build private
markets portfolios designed to meet their specific objectives
across the private equity, infrastructure, private debt and real
estate asset classes.
Contacts:
Shareholder
Relationsshareholders@stepstonegroup.com1-212-351-6106
MediaBrian Ruby / Chris Gillick,
ICRStepStonePR@icrinc.com1-203-682-8268
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