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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Assets    
Cash and cash equivalents $ 218,580 $ 179,886
Restricted cash 4,011 3,977
Fees and accounts receivable 42,004 32,096
Due from affiliates 6,819 7,474
Investments:    
Investments in funds 82,894 74,379
Accrued carried interest allocations 1,072,673 896,523
Deferred income tax assets 94,447 89,439
Lease right-of-use assets, net 64,707 0
Other assets and receivables 24,970 24,715
Intangibles, net 4,870 5,491
Goodwill 6,792 6,792
Total assets 1,622,767 1,320,772
Liabilities and stockholders’ equity    
Accounts payable, accrued expenses and other liabilities 45,992 47,723
Accrued compensation and benefits 51,003 34,224
Accrued carried interest-related compensation 562,531 465,610
Due to affiliates 126,594 113,522
Lease liabilities 75,512 0
Total liabilities 861,632 661,079
Commitments and contingencies (Note 13)
Additional paid-in capital 205,561 188,751
Retained earnings 99,057 60,407
Accumulated other comprehensive income 215 155
Total StepStone Group Inc. stockholders' equity 304,928 249,408
Total stockholders’ equity 761,135 659,693
Total liabilities and stockholders’ equity 1,622,767 1,320,772
Subsidiaries    
Liabilities and stockholders’ equity    
Non-controlling interests 26,585 25,885
Partnership    
Liabilities and stockholders’ equity    
Non-controlling interests 429,622 384,400
Variable Interest Entity, Primary Beneficiary    
Assets    
Cash and cash equivalents 23,354 16,833
Restricted cash 1,057 1,074
Fees and accounts receivable 26,879 25,282
Due from affiliates 2,782 3,467
Investments:    
Investments in funds 13,951 13,658
Deferred income tax assets 662 671
Lease right-of-use assets, net 19,012 0
Other assets and receivables 3,328 4,340
Total assets 91,025 65,325
Liabilities and stockholders’ equity    
Accounts payable, accrued expenses and other liabilities 9,719 10,370
Accrued compensation and benefits 20,904 14,705
Due to affiliates 1,491 1,854
Lease liabilities 19,461 0
Total liabilities 51,575 26,929
Class A Common Stock    
Liabilities and stockholders’ equity    
Common stock 40 38
Class B Common Stock    
Liabilities and stockholders’ equity    
Common stock $ 55 $ 57