Data / Investment advisers / California / Stepstone Group Real Estate LP
Stepstone Group Real Estate LP, LA Jolla, CA: $17.2 billion AUM, SEC registered investment adviser
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
Stepstone Group Real Estate LP is an SEC registered investment adviser with its main office in LA Jolla, California and reports $17.2 billion in regulatory assets under management in its Form ADV filed July 30, 2026. Its clients include pooled investment vehicles, pension and profit sharing plans and state and municipal governments. It is paid through a percentage of assets under management, fixed fees and performance based fees. It advises 60 private funds.
The request: Watch Stepstone Group Real Estate LP (CRD number 281698): each new Form ADV amendment, with AUM, clients and private funds. $10 of work on sign-up, no card.
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- Registration
- SEC registered investment adviser
- CRD number
- 281698
- SEC file number
- 801-106835
- SEC status
- Approved, effective November 2, 2015
- Main office
- 4225 Executive Square Suite 1600, LA Jolla, CA 92037
- Phone
- (858) 558-9700
- Website
- vimeo.com
- Regulatory AUM
- $17,212,566,630 in the Form ADV filed July 30, 2026
- Discretionary AUM
- $15,380,733,781
- Non discretionary AUM
- $1,831,832,849
- Accounts
- 67
- Employees
- 117, of which 95 give investment advice
- Form of organization
- Limited Partnership
- Paid through
- a percentage of assets under management, fixed fees, performance based fees
- Private funds
- 60: 59 real estate funds, 1 private equity fund
- Gross assets of private funds
- $17,235,881,378
- Other offices
- 11
- Form ADV Item 11 disclosures
- None reported
- Latest Form ADV filing
- July 30, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Pooled investment vehicles | 61 | $15.88 billion |
| Pension and profit sharing plans | 7 | $1.32 billion |
| State or municipal government entities | 11 | $15.7 million |
| Other investment advisers | 4 | Not listed |
| Sovereign wealth funds and foreign official institutions | 3 | Not listed |
| Banking or thrift institutions | 1 | Not listed |
| Insurance companies | 1 | Not listed |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| July 1, 2026 | $17.21 billion | June 29, 2026 |
| December 1, 2025 | $16.36 billion | July 21, 2025 |
Other advisers in LA Jolla
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Stepstone Group LP | LA Jolla | $107.82 billion | 409 | adviserinfo.sec.gov |
| Stepstone Group Real Assets LP | LA Jolla | $41.48 billion | 59 | adviserinfo.sec.gov |
| Brandes Investment Partners, LP | LA Jolla | $40.65 billion | 18 | adviserinfo.sec.gov |
| Alphacore Capital LLC | LA Jolla | $12.96 billion | Not listed | adviserinfo.sec.gov |
| Stepstone Group Private Debt LLC | LA Jolla | $5.79 billion | 1 | adviserinfo.sec.gov |
| Torreyana Capital | LA Jolla | $837.4 million | 1 | adviserinfo.sec.gov |
| Frontier Global Partners LLC | LA Jolla | $713.1 million | 2 | adviserinfo.sec.gov |
| Financial Alternatives, Inc. | LA Jolla | $614.8 million | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in LA Jolla, CA
- Investment advisers in California
- Advisers with $10 billion to $100 billion in AUM
- Advisers serving pooled investment vehicles
- Advisers serving pension and profit sharing plans
- Advisers that manage private funds
- Stepstone Group Real Estate LP on the SEC's adviser search
Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.