StepStone Group Inc. (NASDAQ: STEP) and PitchBook announced a partnership to provide deal-level performance benchmarking through the PitchBook platform, according to a company statement.

The collaboration will integrate performance and operating metrics from StepStone's SPI platform with PitchBook's private capital market data and analytics tools. The partnership aims to deliver benchmarking capabilities across private equity buyout, venture capital, growth equity, and infrastructure deals through aggregated and anonymized outputs.

The offering will provide users with analytics for performance, exposure, deployment, operating metrics, and value creation analysis for private market deals. The tool will enable filtering and reporting across strategy, industry, geography, size, and time period using combined databases from both companies.

"Private markets investors are demanding greater transparency and more sophisticated analytics to navigate an increasingly complex landscape," said Tyler Johnson, Partner and Chief Technology Officer at StepStone Group. "By partnering with PitchBook, we are delivering a solution that empowers investors to compare deal performance and operating metrics more granularly."

The partnership will allow fund managers to access deal-level benchmarks for articulating performance differentiators and support investment strategy decisions. The system will enable investors to analyze performance drivers at the deal level rather than fund level for comparison purposes.

"Our partnership with StepStone brings institutional-grade, deal- and operating-level benchmarking into their PitchBook workflow," said Joanna McGinley, EVP of Strategic Partnerships and Initiatives at PitchBook.

The offering is expected to launch in the second quarter of 2026. It will be available to fund managers and service providers through the PitchBook platform and to investors through SPI by StepStone.

StepStone manages approximately $220 billion in assets under management as of December 31, 2025. PitchBook, a Morningstar (NASDAQ: MORN) subsidiary, serves more than 100,000 clients worldwide.