StepStone closes infrastructure secondaries fund with $1.7 billion in commitments
STEP•Strategy and deployment
The strategy targets infrastructure secondaries through purchases of limited partner interests and also backs GP-led secondary funds run by third-party managers.
The portfolio stood about 50% deployed as of August 2026 across 26 closed deals.
Fund close and commitments
StepStone Group closed StepStone Secondaries Infrastructure Fund, raising $1.7 billion across the fund and related separate accounts.
The fund secured $1.5 billion in commitments, exceeding its target and hitting its hard cap.
