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Business Combinations (Tables)
 6 Months Ended
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Aggregate Purchase Price and Estimated Fair Values of Assets Acquired and Liabilities Assumed
The aggregate purchase price for the acquisition of Greenspring and the estimated fair values of the assets acquired and liabilities assumed at the acquisition date were as follows:
Acquisition date fair value of consideration transferred:
Cash consideration$186,577 
Class A common stock558,598 
Class C units of the Partnership135,239 
Contingent consideration17,769 
Total purchase price$898,183 
Estimated fair value of assets acquired and liabilities assumed:
Cash and short-term receivables$5,723 
Legacy Greenspring investments in funds and accrued carried interest allocations(1)
1,213,792 
Lease right-of-use assets, net2,585 
Other assets and receivables2,146 
Finite-lived intangible assets—contractual rights: management contracts310,944 
Finite-lived intangible assets—client relationships96,650 
Finite-lived intangible assets—contractual rights: service agreements9,537 
Goodwill576,181 
Deferred income taxes(98,538)
Accrued expenses and other liabilities(4,460)
Legacy Greenspring accrued carried interest-related compensation(1)
(992,646)
Lease liabilities(2,585)
Non-controlling interests in legacy Greenspring entities(1)
(221,146)
Total$898,183 
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(1)Represents investments in funds and carried interest allocations attributable to consolidated VIEs for which the Company did not acquire any direct economic interests. Such amounts are attributable to employees and therefore have been reflected as non-controlling interests in legacy Greenspring entities and legacy Greenspring accrued carried interest-related compensation, respectively.
Pro Forma Effect
The following supplemental unaudited pro forma information assumes the Greenspring acquisition, as well as the Reorganization and IPO, had been consummated as of April 1, 2020:
Three Months Ended September 30,Six Months Ended September 30,
2021202020212020
Revenues$552,671 $338,630 $1,079,820 $303,478 
Net income attributable to StepStone Group Inc.40,068 27,907 88,179 4,637