John Avirett – In The News

7th June 2024

Partner John Avirett chalked up the fundraising success partly to the fact that ‘there’s very high-quality assets that are stuck privately where we have the unique ability to invest in them.’

5th June 2024

NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions, advisory, and data services, today announced that it has raised $3.3 billion for StepStone VC Secondaries Fund VI, L.P. (“VSF VI”), the firm’s sixth secondaries fund focused on opportunities in the venture capital asset class. The oversubscribed fund had strong participation from existing investors, as well as select new limited partners. It represents the largest fund exclusively pursuing venture capital secondaries raised to date.

1st January 2024

“The current market situation is the perfect storm for us. Investors, who may have initially expected 7x or 5x returns in venture capital, are now willing to liquidate even for a 2x return,” explained John Avirett, a Partner at StepStone VC, who is in Israel raising money from institutional investors for a new $3 billion secondary fund

11th May 2021

Greenspring Associates leads Series F financial round as demand for the leading CI/CD provider explodes, topping 2.5 million jobs processed per day

14th November 2017

“It’s one of the national treasures of the U.S.,” John Avirett said of venture capitalism. “If you look at the five most valuable companies, they are all venture-backed. We have an amazing ability to partner with entrepreneurs who are building next-generation companies.”