21-05-2025
StepStone Group opens new office in Dublin
StepStone Group, a global private markets solutions provider, has opened a new office at One Haddington Buildings, Dublin 4.
It will be operated by its subsidiary StepStone Group Europe Alternative Investment Limited ("SGEAIL"), an alternative investment fund manager regulated by the Central Bank of Ireland.
The firm enables EU-based clients to access private market investment solutions in private debt, private equity, real estate, and infrastructure and real assets.
SGEAIL oversees €29.1 billion in AUM as of December 31, 2024, up on the €20.6 billion in December 2022.
"Our growth in Ireland reflects the increasing demand for private market solutions globally, and especially among EU-based institutional and private wealth clients," said David Allen, Partner and CEO of SGEAIL.
"Our expanded space demonstrates our commitment to investing in the local economy and talent pool to meet this demand," he added.
Since 2021, the number of people working in StepStone's Dublin office has doubled to 110 employees, around 10% of the firm's global workforce.
"StepStone Group's expansion in Dublin is a welcome development for our financial services sector, and highlights Ireland's position as a leading destination for global investment firms seeking to access the European market," said Peter Burke, Minister for Enterprise, Tourism and Employment.
