INFR · INFRASTRUCTURE

StepStone Private Infrastructure Fund

StepStone Group · Registered non-traded private infrastructure interval fund

Program Overview

Registered non-traded private infrastructure interval fund

Peer Group Filters

Objectives: IncomeCapital AppreciationDiversification
Asset Class: Infrastructure
Vehicle: Interval Fund
Single / Multi Asset: Multi-Asset

Sponsor/Manager

StepStone Group

Asset Class

Infrastructure

Issuer

StepStone Private Infrastructure Fund

Issuer Legal Structure

DE Statutory Trust

Program Life Structure

Evergreen

Securities Offered

Equity - Class S Shares Equity - Class I Shares Equity - Class U Shares Equity - Class D Shares

Target Leverage

Maximum 33% debt-to-total-assets Capped at one third of total assets by the 1940 Act 300% asset coverage test. $300m MUFG revolver (accordion to $500m) at 3M Term SOFR +2.80%, maturing 4/21/2028, secured by certain Fund assets; the predecessor Texas Capital facility was secured by all assets. No borrowings outstanding 3/31/2026.

Strategy Risk/Return Profile

Core Plus

Managing Broker-Dealer

Distribution Services, LLC

Scale

87,387,480 Class I Shares outstanding · 1,085,772 Class S Shares outstanding · 173,700 Class U Shares outstanding · 1,323 Class D Shares outstanding

Minimum Investment

$5,000

Class S Shares · waivable

Strategy Overview

The Prospectus states the Fund seeks current income and long-term capital appreciation from a global portfolio of private infrastructure assets. Under normal circumstances at least 80% of net assets plus borrowings is invested in Infrastructure Assets through Secondary Investments (target 40-80%), Co-Investments (20-50%) and Primary Investments (0-10%), across transportation and logistics, renewables and energy transition, digital infrastructure, utilities, social infrastructure, power and midstream, and natural capital. Assets comprise mainly core plus and value-add strategies. Geographic targets: North America 30-60%, Europe 30-60%, Rest of World 0-20%. The Fund is concentrated in Infrastructure Assets by fundamental policy.

Subscribe to Ratings ALTSeek Ratings, securities and terms and the full diligence record are available with a subscription. Subscribe to Ratings Already subscribed? Sign in again