StepStone Group has raised $2.4 billion for its current real estate secondaries fund in the market through December, already exceeding the prior vintage of $1.4 billion.
“We anticipate executing final closes on our real estate secondaries fund and in our multi-strategy growth equity fund within the next couple of quarters. We remain in market with our debut infrastructure secondaries fund, our corporate direct lending fund and our opportunistic lending fund,” said Michael Mccabe, head of strategy of the firm, in a transcript of the fiscal third quarter 2025 earnings call.
The official name was not listed in the transcript; however, the IREI.Q database lists StepStone Real Estate Partners V as a current fund in the market in the fund series.
The firm’s predecessor fund, StepStone Real Estate Partners IV, complet
