StepStone Group has closed on $1.7 billion of commitments for its StepStone Secondaries Infrastructure Fund (SSIF) and related separate accounts.
SSIF is StepStone’s first closed-end commingled fund dedicated to infrastructure secondaries, acquiring limited partner (LP) interests in infrastructure funds and investing in secondary funds led by experienced third-party infrastructure general partners (GPs).
Following 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 targets what StepStone believes are high-quality infrastructure funds and assets managed by experienced third-party infrastructure GPs.
“We are grateful to the investors who backed this fund, many of whom have partnered with us across our infrastructure platform for years,” said James O’Leary, partner and head of StepStone Infrastructure &am
