PROFESSIONAL_SERVICESRENEWED

StepStone Private Equity & Debt Consulting Contract Renewed

NYSTRS renewed its contract with StepStone Group LP to serve as private equity and private debt consultant for one year starting February 1, 2026. The agreement includes a fixed services retainer capped at $1,485,000 plus capped fees for optional research, negotiations, training, meetings, and legacy partnership monitoring.

Status
RENEWED
Document date
January 28, 2026
Contract type
PROFESSIONAL_SERVICES
Vendor
Stepstone Group Lp
Agency
New York State Common Retirement Fund · NY

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Annual retainer not to exceed $1,485,000 for fixed services, plus specified per-assignment fees
Contract type
PROFESSIONAL_SERVICES
Contract term
One year commencing February 1, 2026
Renewal date
2027-02-01
Renewal
One-year renewal commencing February 1, 2026, with option for inflation-based fee increase capped at 3% or the ECI change; optional service fees are capped per assignment. Future renewals would require additional Board authorization.
Document type
Agenda
Source document
NYSTRS Risk Committee Agenda January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by New York State Common Retirement Fund?

Stepstone Group Lp was awarded this professional services contract by New York State Common Retirement Fund, as recorded on January 28, 2026. The contract value is Annual retainer not to exceed $1,485,000 for fixed services, plus specified per-assignment fees.

How much is the Stepstone Group Lp contract with New York State Common Retirement Fund worth?

The Stepstone Group Lp contract with New York State Common Retirement Fund is valued at Annual retainer not to exceed $1,485,000 for fixed services, plus specified per-assignment fees, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in NYSTRS Risk Committee Agenda January 2026 (Agenda), dated January 28, 2026 from New York State Common Retirement Fund. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stepstone Group Lp hold?

Stepstone Group Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is New York State Common Retirement Fund currently buying?

Explore New York State Common Retirement Fund's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View New York State Common Retirement Fund's profile

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