The firm's lower fees in its flagship secondary funds will be offset by growth in its private wealth assets, according to CFO David Park.
StepStone Secondaries Infrastructure Fund is approximately 50% deployed across LP-interest and GP-led transactions.
Its 2024 predecessor set the record for the strategy after closing with $3.3 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.
We examine the capital flows, investment activity, and performance of the secondaries-focused tender offer fund, leveraging EvergreenLink Data.
We analyze the subscriptions, redemptions, net capital share transactions, and distributions across '40 Act secondary funds, leveraging EvergreenLink data.
The milestone coincided with the first close of the firm's inaugural GP-led fund, securing $200 million in capital commitments.
The partnership seeks to expand access to the alternative asset class across secondaries, private credit, private equity, venture capital, and real assets.
We examine the Q4 capital flows, investment activity, and performance of the tender offer fund, leveraging EvergreenLink Data.
Institutional Link analyzes the top performing '40 act secondary funds as of Q3 across one-, three-, and five-year periods, as the strategy continues to outperform peer groups.
