John Coelho and Scott Hart have been promoted to partner at StepStone Group. Both have been with the firm for six years, StepStone said in a written release. Coelho is a member of the research team and focuses on venture capital and growth equity investments. Hart is a member of the research team and focuses on European investments, energy investments and co-investments.
StepStone Group LP (“StepStone”), a leading global private equity firm, today announced it has named John Coelho and Scott Hart Partners of the firm.
“Both John and Scott have been with StepStone for six years and have been instrumental in the success our firm has experienced,” said Monte Brem, Chief Executive Officer of StepStone. “They are both exceptionally talented investors, and have shown a commitment to supporting StepStone’s collegial firm culture and the continuing development of our investment professionals. The StepStone team is proud to welcome them to our Partner group.”
Mr. Coelho, 37, is a member of the research team and focuses on venture capital and growth equity investments. Prior to joining StepStone in 2007, he was with ATEL Capital Group, a venture debt and asset-based lender. Before that, Mr. Coelho worked at Unigestion, an alternative asset manager based in Geneva, and Plantagenet Capital Management, a private equity firm focused on early stage and turnaround investments. Mr. Coelho also worked within the Investment Banking group at Piper Jaffray & Co. He received his BS and MBA from the Haas School of Business at the University of California, Berkeley.
Mr. Hart, 32, is a member of the research team and focuses on European investments, energy investments and co-investments. Prior to joining StepStone in 2007, Mr. Hart worked at TPG Capital, a leading global private equity firm, where he focused on the energy, consumer and retail industries. Before that, he worked at Morgan Stanley in the Consumer and Retail group within the Investment Banking division. Mr. Hart graduated summa cum laude with a BBA from the University of Notre Dame.
StepStone also promoted several highly talented individuals to Director, expanding the firm’s senior team across its various divisions. They are: Chris Cook (Monitoring & Reporting), Nico Kirsten (Finance & Accounting), Karen Posner (Finance & Accounting) and Richard Roelofs (Legal & Compliance).
StepStone is a leading private equity firm that oversees more than US$50 billion of private equity allocations, including over US$10 billion of assets under management. It is a global firm with offices in New York, London, San Diego, and Beijing. StepStone creates customized and targeted portfolios for the world’s most sophisticated investors using a highly disciplined research-focused approach that integrates fund, secondary, mezzanine and co-investments. StepStone leverages its unique global platform to optimize exposure to top performing investment strategies, geographies and managers.