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In brief: Stepstone issues first ESG and climate reports

Last year the firm acquired venture capital fund of funds business Greenspring Associates.

Listed private markets firm Stepstone has issued its first set of sustainability reports: a TCFD-aligned climate report, a DE&I focus and an overall report. Stepstone comprises around 750 people and in 2021 advised on more than $75 billion in private markets fund commitments.

Last year, the firm acquired venture capital fund of funds business Greenspring Associates, and is “working with our new colleagues to align their responsible investing processes with ours”, wrote Scott Hart, partner and CEO of Stepstone.