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David F. Hoffmeister net worth and biography

David Hoffmeister Biography and Net Worth

Director of StepStone Group

David F. Hoffmeister has served as a member of our board of directors since September 2020. He served as the Senior Vice President and Chief Financial Officer of Life Technologies Corporation, a global life sciences company, from 2008 to 2014 when it was acquired by Thermo Fisher Scientific Inc. From 2004 to 2008, he served as Chief Financial Officer of Invitrogen Corporation, which merged with Applied Biosystems in 2008 to form Life Technologies Corporation. Prior to joining Invitrogen, Mr. Hoffmeister spent 20 years with McKinsey & Company as a senior partner serving clients in the healthcare, private equity and chemical industries on issues of strategy and organization. Before joining McKinsey & Company, he held financial positions at GTE Corp. and W.R. Grace and Co. Mr. Hoffmeister currently serves on the boards of directors of Celanese Corporation (since 2006), Glaukos Corporation (since 2014) and ICU Medical, Inc. (since 2018). He also serves on the boards of directors of Kaiser Foundation Hospitals and Kaiser Foundation Health Plan, Inc. Mr. Hoffmeister received his BS from the University of Minnesota and his MBA from the University of Chicago. Mr. Hoffmeister brings to our board of directors his strong finance background, experience as a chief financial officer of a global biotechnology company and as a senior partner of a global managing consulting firm advising on strategic matters, and public company board and audit committee experience.

What is David F. Hoffmeister's net worth?: The estimated net worth of David F. Hoffmeister is at least $2.38 million as of May 30th, 2024. Mr. Hoffmeister owns 45,853 shares of StepStone Group stock worth more than $2,378,395 as of September 12th. This net worth estimate does not reflect any other investments that Mr. Hoffmeister may own. Learn More about David F. Hoffmeister's net worth.
How do I contact David F. Hoffmeister?: The corporate mailing address for Mr. Hoffmeister and other StepStone Group executives is 450 LEXINGTON AVENUE 31ST FLOOR, NEW YORK NY, 10017. StepStone Group can also be reached via phone at 212-351-6100. Learn More on David F. Hoffmeister's contact information.
Has David F. Hoffmeister been buying or selling shares of StepStone Group?: David F. Hoffmeister has not been actively trading shares of StepStone Group within the last three months. Most recently, on Thursday, May 30th, David F. Hoffmeister bought 22,500 shares of StepStone Group stock. The stock was acquired at an average cost of $44.29 per share, with a total value of $996,525.00. Following the completion of the transaction, the director now directly owns 45,853 shares of the company's stock, valued at $2,030,829.37. Learn More on David F. Hoffmeister's trading history.
Who are StepStone Group's active insiders?: StepStone Group's insider roster includes Scott Hart (CEO), David Hoffmeister (Director), Thomas Keck (Director), James Lim (Major Shareholder), Michael Mcabe (Insider), Jason Ment (Insider), Steven Mitchell (Director), David Park (CAO), Johnny Randel (CFO), and Robert Waldo (Major Shareholder). Learn More on StepStone Group's active insiders.
Are insiders buying or selling shares of StepStone Group?: In the last twelve months, StepStone Group insiders bought shares 1 times. They purchased a total of 22,500 shares worth more than $996,525.00. In the last twelve months, insiders at the sold shares 11 times. They sold a total of 198,801 shares worth more than $6,986,634.16. The most recent insider tranaction occured on June, 11th when Director Steven R. Mitchell sold 27,500 shares worth more than $1,219,350.00. Insiders at StepStone Group own 19.9% of the company. Learn More about insider trades at StepStone Group.
Information on this page was last updated on 6/11/2024.

David F. Hoffmeister Insider Trading History at StepStone Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
5/30/2024	Buy	22,500	$44.29	$996,525.00	45,853

David F. Hoffmeister Buying and Selling Activity at StepStone Group

StepStone Group Company Overview

StepStone Group LP. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, private equity and buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. It typically invests between $15 million and $200 million in firms with enterprise value between $150 million and $25000 million. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. StepStone Group LP. was founded in 2007 and is based in LA Jolla, California with additional offices across North America, South America, Europe, Australia, Asia, New York, New York.

Today's Range

Now: $51.87

$50.37

$51.92

50 Day Range

MA: $50.17

$44.49

$54.70

2 Week Range

Now: $51.87

$25.06

$56.18

Volume

641,595 shs

Average Volume

561,294 shs

Market Capitalization

$5.74 billion

P/E Ratio

57.63

Dividend Yield

1.83%

Beta

1.28

My grim warning about AI stocks

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