StepStone Group Inc. SC 13D/A Filing Amendment

TL;DR

Mark Maruszewski amended his 13D filing for StepStone Group Inc. (STEP) - ownership change incoming.

AI Summary

Mark Maruszewski filed an amendment (No. 1) to Schedule 13D on September 13, 2024, regarding StepStone Group Inc. The filing indicates a change in beneficial ownership of Class A Common Stock. The specific details of the change in ownership and the number of shares involved are not fully disclosed in the provided text, but it is an amendment to a previous filing.

Why It Matters

This filing signals a potential shift in significant ownership stakes in StepStone Group Inc., which could influence the company's stock performance and strategic direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D often indicate significant changes in beneficial ownership, which can lead to increased stock volatility.

Key Players & Entities

• StepStone Group Inc. (company) — Subject Company
• Mark Maruszewski (person) — Filing Person
• Jennifer Y. Ishiguro (person) — Authorized to Receive Notices

FAQ

Key Financial Figures

• $0.001 — suer) Class A Common Stock, Par Value $0.001 Per Share (Title of Class of Securiti

Filing Documents

• d814388dsc13da.htm (SC 13D/A) — 32KB
• 0001193125-24-218902.txt ( ) — 33KB

of the Schedule 13D is hereby amended and supplemented as follows

Item 2 of the Schedule 13D is hereby amended and supplemented as follows: This Statement is being filed by Mark Maruszewski (the Reporting Person ). On September 11, 2024, the Reporting Person ceased to be the beneficial owner of more than five percent of the Class A Common Stock. (a) As of the date of this Statement, the Reporting Person beneficially owns 3,614,205 shares of Class A Common Stock as the direct holder of 41,667 shares of Class A Common Stock, the direct holder of 2,358,011 Class B Units, the beneficial owner of 878,009 Class B Units owned by Sconset Union Capital, LLC and the beneficial owner of 336,518 Class B Units owned by Sconset Union Capital II, LLC. (b) The business address of the Reporting Person is c/o StepStone Group Inc., 277 Park Avenue, 45th Floor, New York, NY 10172. Item5. Interest in Securities of the Issuer (a) and (b) Items 5(a) and 5(b) of Schedule 13D are amended to reflect the following: The following table sets forth the aggregate number and percentage of the Class A Common Stock beneficially owned by the Reporting Person. The aggregate number and percentage of the Class A Common Stock beneficially owned by the Reporting Person is calculated in accordance with Rule 13d-3. Reporting Person Number of Shares With Dispositive Power Percentage of Class A Common Stock Outstanding(1) Mark Maruszewski 3,614,205 4.8% (1) Based on 71,749,237 shares of Class A Common Stock issued and outstanding as of September 11, 2024, and assuming that the Reporting Person exchanges all of the Class B Units held directly or indirectly by him for shares of Class A Common Stock on a one-for-one basis, but no other unitholder exchanges their Class B Units. (c) Item 5(c) of Schedule 13D is amended to reflect the following: On September 11, 2024, in connection with an offering of Class A Common Stock by the Company, the Reporting Person exchanged 193,558 Class B Units in the Partnership for cash pursuant to the Exchange Agreem

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of each of the undersigneds knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct. Dated: September 13, 2024 /s/ Jennifer Ishiguro, Attorney-in-Fact Mark Maruszewski

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