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Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Carried interest allocation:    
Total carried interest allocation $ 226,362 $ (128,502)
Total revenues 308,605 (61,413)
Compensation and benefits:    
Cash-based compensation 42,671 39,653
Equity-based compensation 3,743 483
Performance fee-related compensation:    
Realized 25,308 2,900
Performance Fee-Related Compensation Related to Carried Interest Allocation, Unrealized 85,572 (68,675)
Total performance fee-related compensation 110,880 (65,775)
Total compensation and benefits 157,294 (25,639)
General, administrative and other 16,430 10,507
Total expenses 173,724 (15,132)
Other income (expense)    
Investment income (loss) 6,424 (3,178)
Interest income 80 94
Interest expense (6) (2,057)
Other income (loss) (437) 220
Total other income (expense) 6,061 (4,921)
Income (loss) before income tax 140,942 (51,202)
Income tax expense 14,423 1,158
Net income (loss) 126,519 (52,360)
Net income attributable to StepStone Group Inc. $ 41,650 0
Earnings per share of Class A common stock:    
Basic (in dollars per share) $ 1.07  
Diluted (in dollars per share) $ 1.06  
Weighted-average shares of Class A common stock:    
Basic (in shares) 39,042,497  
Diluted (in shares) 42,885,231  
Subsidiaries    
Other income (expense)    
Less: Net income attributable to non-controlling interests $ 5,614 4,093
Partnership    
Other income (expense)    
Less: Net income attributable to non-controlling interests 79,255 (56,453)
Management and advisory fees, net    
Revenues    
Service fees 78,061 63,500
Incentive fees    
Revenues    
Service fees 4,182 3,589
Realized allocation    
Carried interest allocation:    
Total carried interest allocation 49,963 3,638
Unrealized allocation    
Carried interest allocation:    
Total carried interest allocation $ 176,399 $ (132,140)