StepStone Group, a global private markets investment firm, has announced that it has closed on $1.7 billion of commitments for StepStone Secondaries Infrastructure Fund (SSIF) and related separate accounts.
After the successful fundraise of StepStone’s inaugural infrastructure co-investment fund in 2024, SSIF closed with $1.5 billion of capital commitments, surpassing its target and reaching the hard cap. The fund focuses on acquiring fund limited partner (LP) interests and investing in general partner (GP)-led secondary funds, targeting what StepStone believes are high-quality infrastructure funds and assets managed by experienced third-party infrastructure GPs.
Those relationships are also what the platform is built on. StepStone Infrastructure & Real Assets is among the largest allocators to private infrastructure across primary funds, secondaries and co-investments, deploying an average of $13 billion each year during the past three years. Investing across al
