StepStone Closes Largest-Ever Venture Capital Secondaries Fund

June 5, 2024

https://www.globenewswire.com/news-release/2024/06/05/2893727/0/en/StepStone-Closes-Largest-Ever-Venture-Capital-Secondaries-Fund.html

NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq:STEP), a global private markets investment firm focused on providing customized investment solutions, advisory, and data services, today announced that it has raised $3.3 billion for StepStone VC Secondaries Fund VI, L.P. (“VSF VI”), the firm’s sixth secondaries fund focused on opportunities in the venture capital asset class. The oversubscribed fund had strong participation from existing investors, as well as select new limited partners. It represents the largest fund exclusively pursuing venture capital secondaries raised to date.

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