StepStone
We seek to optimize risk-adjusted returns and diversification by focusing on fund investments, secondaries, co-investments, and recapitalization in partnership with who we believe to be best-in-class managers.
Investment Type
| Pref/Mezz equity |
| JV partnership |
Investment Style
| Core |
| Core+ |
| Value-add |
| Opportunistic |
Jason Ment
Mr. Ment is the general counsel and CCO of StepStone Group, focusing on the Firm’s legal and compliance activities. Prior to StepStone, Mr. Ment was general counsel of Citi Private Equity, a US$10 billion equity co-investment, mezzanine and fund of private equity funds business. While at Citigroup, Mr. Ment was also the general counsel of Metalmark Capital, a middle-market private equity business, and Citi Sustainable Development Investments, a clean technology and renewable energy focused venture investment business. Prior to that, Mr. Ment was a member of O’Melveny & Myers LLP’s Mergers & Acquisitions/Private Equity Group and of McDermott Will & Emery LLP’s Mergers & Acquisitions Group.
Johnny Randel
Mr. Randel is the CFO of StepStone Group, focusing on monitoring and reporting and the firm’s financial administration. Prior to StepStone, Mr. Randel was CFO and COO at Citi Private Equity, a US$10 billion equity co-investment, mezzanine and fund of private equity funds business. Before that he was assistant treasurer within Citigroup Treasury. Mr. Randel has also worked as vice president of corporate analysis at Associates First Capital, which was acquired by Citigroup, and as a budget and forecast coordinator at Bank One.
John Waters
Mr. Waters focuses on real estate investments. Prior to StepStone, Mr. Waters was a vice president at Clairvue Capital Partners, a real estate investment manager which integrated with StepStone to establish StepStone Real Estate. At Clairvue, Mr. Waters focused on sourcing, underwriting and managing investments in the U.S. and Europe. Prior to Clairvue, Mr. Waters was an acquisitions associate at Starwood Capital Group, a leading global private equity firm, where he focused on underwriting investments for the firm’s opportunity and debt funds. Before Starwood, Mr. Waters spent over two years as an analyst in the Real Estate Investment Banking group at Banc of America Securities, working on a variety of M&A transactions.