7 unchanged sentences
Based on that evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that, as of the end of the period covered by this report, our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) are effective to provide reasonable assurance that information that we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.
−Removed: As of September 20, 2021, we consolidated Greenspring (as discussed in Note 15 to the accompanying audited consolidated financial statements).
−Removed: The internal controls over financial reporting of Greenspring were excluded from the evaluation of the effectiveness of our disclosure controls and procedures as of March 31, 2022.
Management’s Report on Internal Control over Financial Reporting
9 unchanged sentences
Based on the results of its evaluation, management concluded that our internal control over financial reporting was effective as of March 31, 2023.
−Removed: As of September 20, 2021, we consolidated Greenspring (as discussed in Note 15 to the accompanying audited consolidated financial statements).
−Removed: We are in the process of evaluating the internal controls of the consolidated entity.
−Removed: However, as permitted by related SEC Staff interpretive guidance for newly consolidated entities, we excluded the internal control over financial reporting of the consolidated entity from management’s annual assessment of the effectiveness of our internal control over financial reporting as of March 31, 2022.
−Removed: In the aggregate, this entity represented approximately 32% of our total consolidated assets and approximately 11% of our total consolidated net income as of and for the fiscal year ended March 31, 2022.
Changes in Internal Control Over Financial Reporting
32 unchanged sentences
Index to Consolidated Financial Statements Page
−Removed: Report s of Independent Registered Public Accounting Firm (PCAOB ID:
+Added: Reports of Independent Registered Public Accounting Firm (PCAOB ID:
Consolidated Balance Sheets as of March 31, 202 3 and 202 2
−Removed: Consolidated Statements of Income for the Years Ended March 31, 202 2 , 202 1 and 20 20
−Removed: Consolidated Statements of Comprehensive Income for the Years Ended March 31, 202 2 , 202 1 and 20 20
+Added: Consolidated Statements of Income (Los s) for the Years Ended March 31, 202 3 , 202 2 and 202 1
+Added: Consolidated Statements of Comprehensive Income (Loss) for the Years Ended March 31, 202 3 , 202 2 and 202 1
Consolidated Statements of Stockholders’ Equity for the Years Ended March 31, 202 3 , 202 2 and 202 1
4 unchanged sentences
(3) Exhibits:
−Removed: Incorporated By Reference Filed Herewith
+Added: Incorporated By Reference Filed or Furnished Herewith
Description of Exhibit Form Exhibit Filing Date File No.
+Added: Transaction Agreement, dated July 7, 2021, by and among, StepStone Group Inc., StepStone Group LP, certain wholly-owned subsidiaries of StepStone Group LP, the sellers party thereto, Greenspring Associates, Inc.
+Added: and certain of its affiliates and Shareholder Representative Services LLC, as Seller Representative
+Added: 8-K 2.1 7/07/2021 001-39510
Amended and Restated Certificate of Incorporation of StepStone Group Inc.
1 unchanged sentence
Amended and Restated Bylaws of StepStone Group Inc.
−Removed: 8-K 3.2 9/18/2020 001-39510
+Added: 10-Q 3.2 2/09/2023 001-39510
Description of Securities
16 unchanged sentences
Form of Restricted Stock Unit Award Agreement under the 2020 Long-Term Incentive Plan
+Added: 10-Q 10.2 2/09/2023 001-39510
+Added: Form of Restricted Stock Unit Award Agreement under the 2020 Long-Term Incentive Plan (for awards issued prior to February 2023)
S-1 10.8 8/24/2020 333-248313
3 unchanged sentences
8-K 10.5 9/20/2021 001-39510
−Removed: Credit Agreement, dated as of September 20, 2021, by and among StepStone Group Inc., StepStone Group LP, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and certain other lenders party thereto
+Added: Conformed Credit Agreement dated as of September 20, 2021 as amended by Amendment No.
+Added: 1 to Credit Agreement, dated as of April 19, 2023, by and among StepStone Group LP, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent and certain other lenders party thereto
+Added: Option Agreement, dated November 2, 2022
8-K 10.1 11/03/2022 001-39510
7 unchanged sentences
(i) the Consolidated Balance Sheets;
−Removed: (ii) the Consolidated Statements of Income;
−Removed: (iii) the Consolidated Statements of Comprehensive Income;
+Added: (ii) the Consolidated Statements of Income (Loss);
+Added: (iii) the Consolidated Statements of Comprehensive Income (Loss);
(iv) the Consolidated Statements of Stockholders’ Equity;
27 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.