StepStone Private Equity Strategies Fund
StepStone Group
Overview
StepStone Private Equity Strategies Fund (STPEX) is a closed-end, evergreen interval fund registered as a BDC providing diversified private equity exposure. The Fund focuses ~91% on secondaries with co-investments and primaries. $1.6B AUM across 900+ portfolio companies. Semi-annual tender offers for 5-25% of outstanding shares.
Fund Characteristics
Fund typeFund of funds
Asset classPrivate Equity
StrategySecondaries
Deal typeSecondary, Co-invest, Primary
Target geographyNorth America, Europe
Market segmentDiversified
BenchmarkProShares Global Listed Private Equity ETF