Michael Elio is a member of StepStone’s private equity team, leading the middle- and large-market buyouts and secondary funds sector teams. He is the portfolio manager for StepStone Private Markets, an evergreen offering for high-net-worth individuals and oversees the portfolio construction for many of the firm’s largest advisory and SMA clients. Prior to joining StepStone in 2014, Elio was a managing director at ILPA, where he led programs around research, standards, and industry strategic priorities. Before that he was a partner and managing director at LP Capital Advisors, where he led the firm’s Boston office and served as the lead consultant to North American and European institutional investors. Elio was the primary consultant for many of the firm’s largest clients including public and private pension plans, committing more than US$5 billion annually. He held several progressive positions in private equity, including vice president at State Street Corporation.