06:25 AM EST, 11/17/2025 (MT Newswires) -- StepStone Group ( STEP ) said Monday it opened a Madrid office, its ninth location in Europe, as part of its broader European expansion strategy.

The Madrid hub will serve clients in Spain, Portugal, and Andorra, and the office will be led by Guglielmo Russo Walti, Iberian regional lead for business development and client relations, the company said.

Leadership support includes David Jeffrey, partner and head of Europe, and Giada De Mattia, partner and head of business development in Southern Europe, StepStone said.

With 31 offices globally, StepStone said it is positioned to serve clients amid rising demand for diversified investment portfolios.