ASF IX Infrastructure will mainly focus on LP-led secondaries transactions, with limited exposure to GP-leds, primaries, and co-investments.
StepStone Secondaries Infrastructure Fund is approximately 50% deployed across LP-interest and GP-led transactions.
In July, the firm closed its debut program targeting the strategy with more than $5.5 billion in capital commitments.
The alternatives manager also gave updates on the fundraising status of several other secondaries strategies spanning private equity, GP-leds, venture capital, and infrastructure.
The Norwegian manager's latest €445 million hybrid investment vehicle is already 70% deployed, SecondaryLink has learned.
The Euronext Amsterdam-listed manager is also preparing to launch two additional products focused on credit and infrastructure secondaries.
Pantheon Global Infrastructure Fund V, which has no hard cap and is yet to announce a final close, continues to attract institutional capital.
The fund targets core and core+ infrastructure investments through primaries, secondaries, and co-investments.
Prime Diversified Infrastructure Fund I is already 80% committed, with a successor set to launch in the coming months.
The firm expects to close several transactions in Q1, increasing the fund's overall deployment to approximately 50%.
