StepStone hires three to run real assets program
New York City–based private markets adviser StepStone Group has hired three members to join its global real assets program focused on infrastructure, timber and agriculture, oil and gas, and other resources strategies. The platform is being led by two new executives — David Altshuler and Brenden Woods, both partners and co-heads of real assets. In addition, Kate Budiselik has joined the firm as vice president with the real assets team. All three are based in San Diego.
StepStone has a large private markets business — overseeing more than $55 billion of private capital allocations, including approximately $10 billion of assets under management — and deep experience advising on related sectors, including energy.
The platform will build global real assets and infrastructure portfolios for institutional investors through a combination of fund investments, secondaries and co