BKM Capital Partners Joins Forces with StepStone Real Estate to Expand Reach of StepStone Group

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STEPSTONE ($NASDAQ:STEP): StepStone Real Estate, the real estate arm of StepStone Group, recently announced a strategic partnership with BKM Capital Partners. BKM Capital Partners is an investment firm based in Newport Beach, California that provides capital for institutional-quality industrial real estate investments. The partnership is set to expand the reach of the StepStone Group by providing access to BKM’s vast network of institutional and private investors. The agreement between the two firms will enable StepStone to access BKM’s deep knowledge of industrial real estate investments.

The partnership will also allow both firms to leverage their respective expertise, resources, and connections to identify and pursue attractive real estate investment opportunities. This union is a perfect example of StepStone’s commitment to providing customized and innovative investment solutions to its clients.

Price History

This news led to an increase in StepStone Group‘s stock price, which opened at $27.8 and closed at $28.3, up 0.6% from its previous closing price of $28.1. The partnership between StepStone Group and BKM Capital Partners is expected to provide additional means of capital and resources for StepStone Real Estate, allowing them to further expand their offerings and services to investors across the United States. This collaboration will bring StepStone Group’s expertise and expansive reach in the institutional investment and private real estate markets. It will also open access to new capital sources for StepStone Real Estate, allowing them to optimize investments and maximize returns for their clients.

The partnership is expected to enhance the capabilities of StepStone Group by providing access to diverse real estate investment strategies and asset classes. Moreover, the partnership is set to strengthen StepStone Group’s presence in the US real estate market and further advance its leadership in the global real estate investment industry. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Stepstone Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Stepstone Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Stepstone Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Stepstone Group are shown below. More…

Analysis

GoodWhale has conducted an analysis of STEPSTONE GROUP‘s wellbeing and it has earned a high health score of 8/10. As a cash flow positive and debt-free company, STEPSTONE GROUP has the capability to sustain future operations in times of crisis. We have classified STEPSTONE GROUP as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. This makes it appealing to conservative investors who are looking for reliable dividend income. Our analysis also finds that STEPSTONE GROUP is strong in terms of asset and profitability, medium in terms of dividend and weak in terms of growth. This means that it may be a suitable investment for those who are looking for stability and a steady income but not necessarily looking for growth. More…

Peers

The company has a strong track record of delivering superior returns to its investors. The company’s competitors include Auctus Investment Group Ltd, Hamilton Lane Inc, and Partners Group Holding AG.

– Auctus Investment Group Ltd ($ASX:AVC)

Auctus Investment Group Ltd is a Hong Kong-based company principally engaged in the provision of financial services. The Company operates its businesses through three segments. The Corporate Finance segment is engaged in the provision of corporate finance services, including acting as a placement agent, underwriter, manager or financial adviser in relation to public and private placement of securities and initial public offerings (IPOs), as well as providing financial advisory services. The Asset Management segment is engaged in the provision of discretionary and non-discretionary asset management services. The Treasury segment is engaged in the provision of money market and foreign exchange services.

– Hamilton Lane Inc ($NASDAQ:HLNE)

Lane is a leading global alternative investment management firm specializing in private markets investing. The company has over $140 billion of assets under management as of 2022 and employs more than 1,000 professionals in over 20 offices around the world. The firm’s investment strategies include private equity, real estate, and credit.

Lane has a market cap of $2.47 billion as of 2022 and a return on equity of 50.2%. The company has a strong focus on private markets investing, which has helped it to grow its assets under management to over $140 billion. The firm employs more than 1,000 professionals in over 20 offices around the world and has a diversified investment portfolio that includes private equity, real estate, and credit.

– Partners Group Holding AG ($LTS:0QOQ)

As of 2022, Partners Group Holding AG has a market cap of 23.5B and a return on equity of 38.44%. The company is a leading global private markets investment manager, with over EUR 68 billion in assets under management and more than 1,000 professionals across 20 offices worldwide. Partners Group is a pure-play private markets investment management firm, serving over 950 institutional investors worldwide. The firm invests across the private equity, private real estate, private infrastructure and private debt asset classes, through its global platform.

Summary

StepStone Group is an investment firm focusing on real estate. Through its partnership with BKM Capital Partners, StepStone Real Estate is well-positioned to provide extensive capital and technical expertise to real estate investors. Their analysis of real estate investments offers detailed guidance on potential opportunities, market risks, and investment returns.

StepStone Real Estate’s experienced team of professionals provides specialized services such as due diligence, acquisition and financing, asset management, and dispositions. The firm also offers strategic advice and solutions that help investors maximize returns and minimize risks.