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PE · PRIVATE EQUITY

StepStone Private Equity Strategies Fund

StepStone Group · Registered non-traded private equity interval fund

Program Overview

Registered non-traded private equity interval fund
StepStone Private Equity Strategies Fund
Peer Group Filters
Objectives
Capital AppreciationDiversificationTotal Return
Asset Class
Private Equity
Vehicle
Interval Fund
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Private Equity
Issuer
StepStone Private Equity Strategies Fund
Issuer Legal Structure
DE Statutory Trust
Program Life Structure
Evergreen
Target Leverage
Maximum 33% debt-to-total-assets $150.0mm UBS revolver at STPEX Holdings LLC, undrawn at 3/31/2026; $1,878.3mm of subsidiary assets pledged against $1,669.8mm net assets. $1.1mm facility cost incurred with no drawings. Underlying fund and portfolio company leverage is uncapped.
Strategy Risk/Return Profile
-
Managing Broker-Dealer
Scale
157,689,921 Class I shares outstanding · 34,600 Class S shares outstanding · 1,002 Class D shares outstanding · 163 Portfolio positions
Minimum Investment
$5,000
Class S Shares (STPSX) · waivable
Strategy Overview

The Prospectus states the Fund's investment objective is long-term capital appreciation, pursued by investing at least 80% of net assets plus borrowings in Private Equity Assets. Capital is deployed through Secondary Investments (LP-led and GP-led secondaries, continuation vehicles and seasoned primaries), Co-Investments taken as minority non-controlling equity alongside lead Investment Managers, and Primary Investments, across buyout and growth equity with limited venture capital. Cash and Treasuries covering unfunded commitments count toward the 80% test. The 80% policy is non-fundamental and changeable on 60 days' notice. The Fund operates as a closed-end interval fund under Rule 23c-3 and is non-diversified under the 1940 Act.

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