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StepStone Private Credit Income Fund

StepStone Group · Private Credit Interval Fund

Program Overview

Private Credit Interval Fund
StepStone Private Credit Income Fund
Peer Group Filters
Objectives
IncomeTotal Return
Asset Class
Private Credit
Vehicle
Interval Fund
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Private Credit
Issuer
StepStone Private Credit Income Fund
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Perpetual
Target Leverage
Maximum 33% debt-to-total-assets Debt sits in subsidiaries: JPM $450M facility (CRDEX LLC, $275.0M drawn), BMO $162.5M (SSG Holdings SPV, $61.3M), GS $250M (CRDEX II, from 9/15/2026); each secured by the subsidiary's assets; SOFR-based. $336.3M borrowed at 6/30/2026, asset coverage 471.6%.
Strategy Risk/Return Profile
-
Managing Broker-Dealer
Scale
122,181,095 Class I Shares outstanding · 20,657 Class S Shares outstanding · 372 Directly held borrowers
Minimum Investment
$5,000
Class S Shares · waivable
Strategy Overview

The prospectus states the Fund seeks current income and, to a lesser extent, long-term capital appreciation. Under normal circumstances it invests at least 80% of total assets in private credit and income investments through a Lending Strategy (direct, bank and syndicated loans, mainly first lien senior secured, and CLOs) and a Specialty Credit Strategy (real estate, infrastructure, royalty, insurance-linked, NAV and other specialty lending). It uses a multi-lender approach, co-investing alongside over 100 non-bank Investment Partners, and also uses Investment Funds and secondary purchases. It may invest globally without a cap and borrows through credit facilities within the 1940 Act 300% asset coverage limit.

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