StepStone Group has appointed Yoshitaka Todoroki as Vice Chairman, Japan, adding a private markets executive with more than 30 years of investment experience to support strategic initiatives in Japan and the broader Asian market.
Todoroki joins StepStone after approximately a decade at Japan’s Government Pension Investment Fund, where he most recently served as Executive Director of the Private Market Investment Department.
During his tenure at GPIF, Todoroki led the development of the institution’s private markets investment program across private equity, infrastructure and real estate.
His responsibilities included establishing investment strategy and frameworks, developing risk monitoring and management processes and building relationships with general partners and institutional investors globally.
That experience gives StepStone an executive with a background from the asset-owner side of the private markets industry as the firm continues growing its presence in Japan and across Asia.
Before joining GPIF in 2016, Todoroki served as Head of the Alternative Investment Group at Sumitomo Mitsui Asset Management.
Earlier in his career, he held investment roles at Sumitomo Mitsui Banking Corporation, MassMutual Life Insurance Japan and The Sumitomo Trust and Banking Co.
Todoroki holds a Bachelor of Commerce from Hitotsubashi University and completed the Investment Management Programme at London Business School.
StepStone provides customized private markets investment solutions along with advisory and data services.
As of June 30, 2026, the firm was responsible for approximately $913 billion of total capital, including $245 billion of assets under management.
StepStone works with public and private pension funds, sovereign wealth funds, insurers, endowments, foundations, family offices and private wealth clients.
Its investment platform spans private equity, infrastructure, private debt and real estate.
KEY QUOTES:
“Yoshitaka Todoroki brings tremendous experience and perspective from more than three decades investing across private markets, including helping to build and lead the private markets program for one of the world’s largest institutional investors. His firsthand perspective as an asset-owner and understanding of how investments across private asset classes fit within a broader portfolio will be highly valuable to our clients. We are delighted to welcome him to StepStone as we continue to grow our platform across Asia and beyond.”
Scott Hart, CEO of StepStone Group
“Having spent much of my career investing in private markets as an institutional investor, I have long appreciated the importance of strong partnerships, informed judgment and a holistic approach to portfolio construction. StepStone’s deep investment expertise, global perspective and data-driven insights create a powerful platform for serving institutional investors. I am pleased to join the firm and look forward to working with Scott and the broader team to support StepStone’s clients and continued growth in the region.”
Yoshitaka Todoroki, Vice Chairman, Japan at StepStone Group
