Growth of infrastructure asset class

Scale of the secondary market

Drivers of growth in infra secondaries

Synergies from primaries and co-investments

Advice for new investors 

Diversification and other considerations

In this episode of RPM, Tim Rees, a London-based Partner on StepStone’s Infrastructure and Real Assets team, joins co-host Michael Venne to discuss the rapid growth of infrastructure secondaries and why the market is gaining momentum. They cover:
Growth of infrastructure asset class (00:51)
Scale of the secondary market (03:26)
Drivers of growth in infra secondaries (05:19)
Synergies from primaries and co-investments (09:36)
Advice for new investors (19:39)
Diversification and other considerations (22:23)

In this episode of RPM, Tim Rees, a London-based Partner on StepStone&rsquo;s Infrastructure and Real Assets team, joins co-host Michael Venne to discuss the rapid growth of infrastructure secondaries and why the market is gaining momentum. They cover:
<ul>
<li>Growth of infrastructure asset class (00:51)</li>
<li>Scale of the secondary market (03:26)</li>
<li>Drivers of growth in infra secondaries (05:19)</li>
<li>Synergies from primaries and co-investments (09:36)</li>
<li>Advice for new investors (19:39)</li>
<li>Diversification and other considerations (22:23)</li>
</ul>

Now is the time for infrastructure secondaries with Tim Rees

Market shifts and the new cycle

US real estate landscape

Best practices amid volatility

European outlook

US policy risks and opportunities

Real estate capital raising

In this episode of RPM, Jeff Giller, Partner and Head of Real Estate, and Margaret McKnight, Partner and Head of Portfolio Solutions for StepStone Real Estate, rejoin co-host Maribel Yoo to discuss our Spring 2025 House Views on the state of the real estate market. They cover:

 
Market shifts and the new cycle (:50);
US real estate landscape (1:55);
Best practices amid volatility (5:51);
European outlook (8:29);
US policy risks and opportunities (9:02);
Real estate capital raising (12:50)

In this episode of RPM,&nbsp;<a href="https://www.stepstonegroup.com/members/jeffrey-giller/" data-auth="NotApplicable">Jeff Giller</a>, Partner and Head of Real Estate, and&nbsp;<a href="https://www.stepstonegroup.com/members/margaret-mcknight/" data-auth="NotApplicable">Margaret McKnight</a>, Partner and Head of Portfolio Solutions for StepStone Real Estate, rejoin co-host&nbsp;<a href="https://www.stepstonegroup.com/members/maribel-yoo/" data-auth="NotApplicable">Maribel Yoo</a>&nbsp;to discuss our&nbsp;<a href="https://www.stepstonegroup.com/news-insights/stepstone-real-estate-spring-2025-house-views/" data-auth="NotApplicable">Spring 2025 House Views&nbsp;</a>on the state of the real estate market. They cover:
&nbsp;
<ul>
<li>Market shifts and the new cycle (:50);</li>
<li>US real estate landscape (1:55);</li>
<li>Best practices amid volatility (5:51);</li>
<li>European outlook (8:29);</li>
<li>US policy risks and opportunities (9:02);</li>
<li>Real estate capital raising (12:50)</li>
</ul>

Spring 2025 Real Estate House Views with Jeff Giller and Margaret McKnight

Defense Spending

Changing nature of threats

Responsible use with NIF

Real-world examples

The importance of accountability

The role of the asset owner 

This episode of RPM features Suzanne Tavill, Partner and Head of Responsible Investment at StepStone, in conversation with Brooke Latham, Head of Sustainability at the NATO Innovation Fund. They explore what it means to invest responsibly in dual-use technologies, with a focus on the evolving concept of “responsible use.”

 
Defense spending (1:33)
Changing nature of threats (5:03)
Responsible use with NIF (7:35)
Real-world examples (11:02)
The importance of accountability (15:20)
The role of the asset owner (17:35)

This episode of RPM features Suzanne Tavill, Partner and Head of Responsible Investment at StepStone, in conversation with Brooke Latham, Head of Sustainability at the NATO Innovation Fund. They explore what it means to invest responsibly in dual-use technologies, with a focus on the evolving concept of &ldquo;responsible use.&rdquo;
&nbsp;
<ul>
<li>Defense spending (1:33)</li>
<li>Changing nature of threats (5:03)</li>
<li>Responsible use with NIF (7:35)</li>
<li>Real-world examples (11:02)</li>
<li>The importance of accountability (15:20)</li>
<li>The role of the asset owner (17:35)</li>
</ul>

Responsible use in DUT and defense investing with Suzanne Tavill and Brooke Latham

How LPs think about AI

Our observations on Responsible AI

Fair data economy

Best practices in risk management

GPs’ value proposition

How LPs can mitigate risk

In this episode of RPM, Suzanne Tavill, Partner and Head of Responsible Investment at StepStone, is joined by special guest Paul Fehlinger, Director of Policy Innovation and Impact at Project Liberty Institute to discuss Responsible AI, the opportunities and challenges that come with it, and why what we see right now is just the tip of the technology iceberg. They cover:
How LPs think about AI (2:10);
Our observations on Responsible AI (3:50);
Fair data economy (6:57)
Best practices in risk management (9:08)
GPs’ value proposition (12:22)
How LPs can mitigate risk (16:56)

In this episode of RPM, Suzanne Tavill, Partner and Head of Responsible Investment at StepStone, is joined by special guest Paul Fehlinger, Director of Policy Innovation and Impact at Project Liberty Institute to discuss Responsible AI, the opportunities and challenges that come with it, and why what we see right now is just the tip of the technology iceberg.&nbsp;They cover:
<ul>
<li>How LPs think about AI (2:10);</li>
<li>Our observations on Responsible AI (3:50);</li>
<li>Fair data economy (6:57)</li>
<li>Best practices in risk management (9:08)</li>
<li>GPs&rsquo; value proposition (12:22)</li>
<li>How LPs can mitigate risk (16:56)</li>
</ul>

The future of Responsible AI with Suzanne Tavill and Paul Fehlinger

Deployment trends

Technical factors

Behavioral factors

Lack of sales and distributions

The opportunity for investors

In this episode of RPM, Jeff Giller, Partner and Head of Real Estate, and Margaret McKnight, Partner and Head of Portfolio Solutions for StepStone Real Estate, join co-host Anna Marcus to discuss our recent Real Estate Liquidity Insights report, which analyzes fund level cash flows and trends shaping liquidity in the real estate market. They cover:
Deployment trends (1:35);
Technical factors (2:16);
Behavioral factors (5:02);
Lack of sales and distributions (7:28);
The opportunity for investors (12:17).

In this episode of RPM,&nbsp;<a href="https://www.stepstonegroup.com/members/jeffrey-giller/" data-auth="NotApplicable" data-linkindex="13">Jeff Giller</a>, Partner and Head of Real Estate, and&nbsp;<a href="https://www.stepstonegroup.com/members/margaret-mcknight/" data-auth="NotApplicable" data-linkindex="14">Margaret McKnight</a>, Partner and Head of Portfolio Solutions for StepStone Real Estate, join co-host Anna Marcus to discuss our recent&nbsp;<a href="https://www.stepstonegroup.com/news-insights/stepstone-real-estate-liquidity-insights/" data-auth="NotApplicable" data-linkindex="15">Real Estate Liquidity Insights</a>&nbsp;report, which analyzes fund level cash flows and trends shaping liquidity in the real estate market. They cover:
<ul>
<li>Deployment trends (1:35);</li>
<li>Technical factors (2:16);</li>
<li>Behavioral factors (5:02);</li>
<li>Lack of sales and distributions (7:28);</li>
<li>The opportunity for investors (12:17).</li>
</ul>

Real Estate Liquidity Insights with Jeff Giller and Margaret McKnight

Our GP survey

What’s driving deal flow

Co-investments' value-add

Potential challenges for LPs

How LPs can stand out

Strong co-investment portfolios

In this episode of RPM, Geoffrey Dolan, a partner on our Private Equity team in New York, joins co-host Anna Marcus to break down the competitive dynamics of the private equity co-investment market. They cover:
Our GP survey (1:43);
What’s driving deal flow (5:58);
Co-investments' value-add  (7:29);
Potential challenges for LPs (11:46);
How LPs can stand out (13:24); and
Strong co-investment portfolios (14:28).

In this episode of RPM, Geoffrey Dolan, a partner on our Private Equity team in New York, joins co-host Anna Marcus to break down the competitive dynamics of the private equity co-investment market. They cover:
<ul>
<li>Our GP survey (1:43);</li>
<li>What’s driving deal flow (5:58);</li>
<li>Co-investments' value-add  (7:29);</li>
<li>Potential challenges for LPs (11:46);</li>
<li>How LPs can stand out (13:24); and</li>
<li>Strong co-investment portfolios (14:28).</li>
</ul>

Inside the private equity co-investment market with Geoffrey Dolan

Energy transition opportunities

Post-IRA investment risks

Project execution bottlenecks

Global investment trends

Climate portfolio strategy

In this episode of RPM, Bhavika Vyas, Managing Director and member of StepStone’s Private Equity team, and special guest Julio Friedmann, Chief Scientist, Carbon Direct, join co-host Maribel Yoo to revisit the conversation on energy transition investing. They evaluate the impact of the Inflation Reduction Act (IRA) two years post-enactment, highlighting advancements in climate solutions and global investment opportunities.

They cover:
Energy transition opportunities (2:24);
Post-IRA investment risks (5:45);
Project execution bottlenecks (8:05);
Global investment trends (12:26); and
Climate portfolio strategy (16:06).

In this episode of RPM, Bhavika Vyas, Managing Director and member of StepStone’s Private Equity team, and special guest Julio Friedmann, Chief Scientist, Carbon Direct, join co-host Maribel Yoo to revisit the conversation on energy transition investing. They evaluate the impact of the Inflation Reduction Act (IRA) two years post-enactment, highlighting advancements in climate solutions and global investment opportunities.
They cover:
<ul>
<li>Energy transition opportunities (2:24);</li>
<li>Post-IRA investment risks (5:45);</li>
<li>Project execution bottlenecks (8:05);</li>
<li>Global investment trends (12:26); and</li>
<li>Climate portfolio strategy (16:06).</li>
</ul>

Investing in climate solutions with Bhavika Vyas and Julio Friedmann

What’s happening in data

Energy transition definition

The investment landscape

Why to invest now

Infra as an inflation hedge

In this episode of RPM, Simon Beer, Partner, Infrastructure & Real Assets, joins co-host Michael Venne to discuss trends that are redefining the infrastructure landscape. They cover:
What’s happening in data (3:11);
Energy transition definition (6:58);
The investment landscape (9:04);
Why to invest now (11:35);
Infra as an inflation hedge (15:17)

In this episode of RPM, Simon Beer, Partner, Infrastructure &amp; Real Assets, joins co-host Michael Venne to discuss trends that are redefining the infrastructure landscape. They cover:
<ul>
<li>What’s happening in data (3:11);</li>
<li>Energy transition definition (6:58);</li>
<li>The investment landscape (9:04);</li>
<li>Why to invest now (11:35);</li>
<li>Infra as an inflation hedge (15:17)</li>
</ul>

New frontiers in infrastructure with Simon Beer

What is Responsible AI

Its relationship with ESG

Classifying risks

The value creation chain

How commercial harm can manifest

In this episode of RPM, Suzanne Tavill, Partner and Head of Responsible Investment joins co-host Michael Venne to discuss the potential of Responsible AI and how private markets may influence its development. 

They cover:
What is Responsible AI (2:16);
Its relationship with ESG (5:43);
Classifying risks (7:58);
The value creation chain (13:03); and
How commercial harm can manifest (16:19)

In this episode of RPM, Suzanne Tavill, Partner and Head of Responsible Investment joins co-host Michael Venne to discuss the potential of Responsible AI and how private markets may influence its development. 
They cover:
<ul>
<li>What is Responsible AI (2:16);</li>
<li>Its relationship with ESG (5:43);</li>
<li>Classifying risks (7:58);</li>
<li>The value creation chain (13:03); and</li>
<li>How commercial harm can manifest (16:19)</li>
</ul>

The emergence of Responsible AI with Suzanne Tavill

The relative value of private debt

The impact of higher interest rates

How middle-market companies are performing

What’s ahead for default and loss rates

The outlook for direct lending volumes

In this episode of RPM, Richard Schmidt, Senior Analyst, Private Debt, and Jovan Samardzic, Managing Director, Private Debt Research, join co-host Michael Venne to discuss the state of the private debt market. They cover:
The relative value of private debt (2:12);
The impact of higher interest rates (4:42);
How middle-market companies are performing (6:57);
What’s ahead for default and loss rates (8:20); and
The outlook for direct lending volumes (10:26).

In this episode of RPM, Richard Schmidt, Senior Analyst, Private Debt, and Jovan Samardzic, Managing Director, Private Debt Research, join co-host Michael Venne to discuss the state of the private debt market. They cover:
<ul>
<li>The relative value of private debt (2:12);</li>
<li>The impact of higher interest rates (4:42);</li>
<li>How middle-market companies are performing (6:57);</li>
<li>What’s ahead for default and loss rates (8:20); and</li>
<li>The outlook for direct lending volumes (10:26).</li>
</ul>

Private debt in the high-rate era with Richard Schmidt and Jovan Samardzic

StepStone Group explores the world of Private Markets through conversations with our thought leaders on key developments across private equity, private debt, real estate, and infrastructure. In each episode a member of StepStone’s investment team will discuss the data, trends, and insights helping shape investors' portfolios.

StepStone Group explores the world of Private Markets through conversations with our thought leaders on key developments across private equity, private debt, real estate, and infrastructure. In each episode a member of StepStone&rsquo;s investment team will discuss the data, trends, and insights helping shape investors' portfolios.

Rpm - Reflections on Private Markets (Season 1)

RPM - Reflections on Private Markets

StepStone Group explores the world of Private Markets through conversations with our thought leaders on key developments across private equity, private debt, real estate, and infrastructure. In each episode a member of StepStone’s investment team will discuss the data, trends, and insights helping shape investors' portfolios.

RPM - Reflections on Private Markets

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