Darren M. Friedman

Partner at StepStone Group LP

Darren M. Friedman

Darren M. Friedman

Partner at StepStone Group LP

Overview
Career Highlights

Citigroup Private Equity LP
StepStone Group Holdings LLC

RelSci Relationships

1134

Number of Boards

10

Birthday

1969

Age

49

Relationships
RelSci Relationships are individuals Darren M. Friedman likely has professional access to. A relationship does not necessarily indicate a personal connection.

Partner, General Counsel, Chief Compliance Officer at StepStone Group LP

Relationship likelihood: Strong

Co-Founder at StepStone Group LP

Relationship likelihood: Strong

Partner, Chief Financial Officer at StepStone Group LP

Relationship likelihood: Strong

Co-Founder at StepStone Group LP

Relationship likelihood: Strong

Partner at StepStone Group LP

Relationship likelihood: Strong

Partner at StepStone Group LP

Relationship likelihood: Strong

Partner at StepStone Group LP

Relationship likelihood: Strong

Co-Founder at StepStone Group LP

Relationship likelihood: Strong

Partner at StepStone Group LP

Relationship likelihood: Strong

Partner at StepStone Group LP

Relationship likelihood: Strong

In The News
South Florida Sun-Sentinel
December 27, 2018
Royal Caribbean escapes jury award in injured skater's suit
The Deal Pipeline
October 6, 2015
Laureate Education to return to public markets
Paths to Darren M. Friedman
Potential Connections via
Relationship Science
You
Darren M. Friedman
Partner at StepStone Group LP
Education
B.S. in Finance

The University of Illinois at Urbana–Champaign is a public research-intensive university in the U.S. state of Illinois. It is the flagship campus of the University of Illinois system. The University of Illinois at Urbana–Champaign is the second oldest public university in the state (after Illinois State University), and is a founding member of the Big Ten Conference. It is considered a Public Ivy and is a member of the Association of American Universities.

MBA

The Wharton School is the business school of the University of Pennsylvania, an Ivy League university in Philadelphia, Pennsylvania. Wharton was the world’s first collegiate business school and the first business school in the United States. It was established in 1881 through a donation of Joseph Wharton.

Career History
Partner
2010 - Current

StepStone Group builds private equity portfolios through a combination of fund investments, co-investments and secondary purchases. When designing private equity programs and optimizing portfolio exposure, the firm employs a proprietary, institutional investment approach that seeks to maximize risk-adjusted returns. Their approach includes program design, portfolio construction, portfolio analytics and monitoring and reporting.StepStone's investment approach focuses on utilizing proprietary research to identify strategies and geographies that will outperform in the future and on selecting the top-performing fund managers, co-investment and secondary opportunities in these areas. The firm utilizes proprietary research to identify the segments of the private equity market they believe will outperform over the next fund cycle (4 to 6 years). StepStone then uses this research to over allocate and/or under allocate assets to specific strategies and geographies within an overall framework of a diversified portfolio. They refer to this process as 'Targeted Diversification.' StepStone seeks to avoid index-based returns and the costs of over diversification. This allocation strategy provides the framework for the firm's selection of specific fund investments, secondary purchases and co-investments.

Managing Partner
2001 - 2010

Citigroup Private Equity (CPE) manages private equity fund commitments, non-control direct private equity investments and mezzanine investments on behalf of Citi's proprietary accounts and third party clients. They focus on identifying and investing with leading private equity firms across all geographies and investment styles and sizes that have demonstrated an ability to generate attractive returns in their areas of specialty. This includes LBOs, venture capital, mezzanine, distressed debt and direct and secondary investing. CPE's business allows all investment professionals to be active in both fund investing and direct co-investing alongside CPE's fund partners. Their direct equity co-investing and mezzanine orientation allows them to deepen relationships and investment perspectives and to conduct on-going due diligence of their portfolio managers.

Partner
Prior

StepStone Group Holdings LLC specializes in venture capital and private equity. The company is headquartered in La Jolla, CA.

Boards & Committees
Director
Current

Padi Holding Co. LLC operates as a holding company and manufactures recreational products. The company is headquartered in Wilmington, DE.

Director
Current

Casedhole Solutions, Inc. provides oil and gas services. The firm is an oilfield service company catering to the oil and gas industry in the U.S. It provides a variety of wireline services for its customer completions and pipe recovery needs. The company was founded in 2005 and is headquartered in Weatherford, OK.

Lead Independent Director
2010 - Prior

C&J OldCo, Inc. engages in the provision of hydraulic fracturing, coiled tubing and wireline and other complementary services. It operates through the following segments: Stimulation and Well Intervention Services, Wireline Services and Equipment Manufacturing. The Stimulation and Well Intervention Services segment provides hydraulic fracturing and coiled tubing, stimulation services, and directional drilling services. The Wireline Services segment offers cased-hole wireline and other complementary services, including logging, perforating, pipe recovery, pressure testing, and pump down services. The Equipment Manufacturing segment manufactures, refurbishes and repairs equipment and provides oilfield parts and supplies for third-party customers in the energy services industry. The company was founded by Joshua E. Comstock in 1997 and is headquartered in Houston, TX.

Transactions
Details Hidden

C&J OldCo, Inc. issued Common Stock

Events
Speaker
Boston, MA, United States
6th Annual SuperReturn U.S. Conference

Event designed to open up disucssion around some of the pricklier issues in Private Equity

Speaker
Renaissance Boston Waterfront Hotel-Boston, MA
6th Annual SuperReturn U.S. Conference

Event designed to open up disucssion around some of the pricklier issues in Private Equity

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Darren M. Friedman. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Darren M. Friedman's profile does not indicate a business or promotional relationship of any kind between RelSci and Darren M. Friedman.
  • be_ixf; php_sdk; php_sdk_1.4.15
  • https://relationshipscience.com/person/darren-m-friedman-3624788
  • https://relationshipscience.com/person/darren-m-friedman-3624788