NEW YORK, September 10, 2026 – Proskauer advised StepStone Group Inc. (Nasdaq: STEP) (“StepStone”) as sole lead investor in Gainline Capital Partners’ closing of a single-asset continuation fund to build upon its partnership with Core Health & Fitness, LLC, a global producer and distributor of commercial fitness equipment.

StepStone is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. The transaction provides existing investors with a liquidity option while raising follow-on capital to support Core’s continued growth and global expansion.

The Proskauer team was led by partners Blake Halperin and Chris Robinson (Private Funds); partner Mike Ellis (M&A); and partners Jeremy Naylor and Janicelynn Park (Tax). It also included associates Andrew MacKinlay, Caroline Spillane, and Brian Rose (Private Funds); associates Kyle Litfin and Ziyu (Jessie) Lin (Tax); associate Jordan Shelton (M&A); and partners John Ingrassia and Mary Wilks (Antitrust & Foreign Investment).

About Proskauer

Proskauer is an elite global law firm with more than 900 lawyers in key financial centers in the United States, Europe, South America, and Asia. Our clients include many of the world’s leading businesses, including asset managers, banks, listed corporations, and private companies. We have deep expertise in several of the fastest-growing and dynamic segments of the market, including sports, technology, life sciences, and health care. We represent hundreds of asset managers across a wide spectrum of sectors and strategies, including private equity, private credit, hedge, real assets, secondaries, and capital solutions.

Proskauer’s market-leading global secondaries team has provided in-depth advice on all aspects of the secondaries market since the inception of the industry. Long recognized as the top destination practice for secondaries buyers and secondaries fund formations, Proskauer brings expertise to all aspects of the secondaries market. The Firm acts on the most high-profile LP portfolio transactions and cutting-edge GP-led deals and represents a multitude of market participants, including a range of buyers, sellers, GPs, lenders, and lead and syndicate investors in continuation vehicles.