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StepStone

StepStone Private Markets Fund

SPRIM
Share class:Hidden

StepStone Private Markets Fund Overview

Manager:
StepStone
Manager Location:
New York, United States
Manager Website:
www.stepstonegroup.com
Fund Website:
www.stepstonegroup.com/what-we-do/solutions-services/private-wealth-solutions/sprim/
Contact Email:
hidden@example.com
Contact Phone:
+12 34 5678 9012
Fundraising Status:
Open
Regime:
Tender fund (US)
Fund Domicile:
United States
Term:
Perpetual Life
Vintage:
2020
Inception Date:
Oct 1, 2020
Fund Size:
$5.5B
Base Currency:
USD
Investor Type:
Value hidden
Authorised for Sale:
Value hidden

StepStone Private Markets Fund Strategy

Asset Class:
Diversified Private Markets
Sub-Asset Class:
Value hidden
Underlying Investment Type:
Value hidden
Strategy Description:
StepStone SPRIM is designed as a core private markets holding providing long-term capital appreciation and substantial diversification through a single investment.
Geographic focus:
Value hidden
Sector focus:
Value hidden
No. of Investments:
Value hidden
Focus Investment Type:
Value hidden
Other Focus:
Value hidden
Leverage:
Value hidden
Investment Limits:
Value hidden

StepStone Private Markets Fund Allocations

Sector Breakdown

as of Oct 30, 2025

Geographic Breakdown

as of Oct 30, 2025

Top Positions

as of Oct 30, 2025
CompanyDescriptionAcquisition DateSectorCountryStrategy
Northbridge Capital PartnersPlaceholder onePrivate DebtUnited KingdomSenior secured
Harborview Consumer FinancePlaceholder twoQ4 2022FinancialsUnited StatesSenior unsecured
Atlas Infrastructure HoldingsPlaceholder threeQ1 2024InfrastructureGermanyCore-plus equity
Greenstone Healthcare GroupPlaceholder fourQ3 2021HealthcareFranceGrowth equity
Skyline Business ServicesPlaceholder fiveQ1 2022Business ServicesNetherlandsSenior secured
BluePeak Software SolutionsPlaceholder sixQ4 2023SoftwareSwedenUnitranche
Riverstone LogisticsPlaceholder sevenQ2 2021IndustrialsSpainSenior secured
Summit Learning PropertiesPlaceholder eightQ1 2020Consumer ServicesItalySubordinated debt

StepStone Private Markets Fund Performance

Total Returns (% Net of Fees)

as of Oct 30, 2025

Performance Metrics

as of Oct 30, 2025
Net returnsShare Class: HiddenBorgline BenchmarkPublic Benchmark
Since Inception (TR)34.1%37.2%33.2%
Since Inception (ann.)10.3%11.1%10%
2025 (YTD)5.5%7%4.6%
202410.2%10.4%8.6%
202312.8%14.1%12%
2022 (from Oct 2022)2.2%1.8%4.7%
Best Month Return1.7%2.1%3.7%
Best MonthDec 2023Dec 2023Nov 2022
Worst Month Return0.2%0.1%-1%
Worst MonthDec 2022Feb 2024Mar 2025
Distribution yield
TTM (ann.)N/AN/AN/A
Since Inception (ann.)N/AN/AN/A
Risk metrics
Volatility1.1%1.6%3.6%
Sharpe Ratio (risk-free rate of 4.3%)5.234.351.61

StepStone Private Markets Fund Key Terms

General
Distribution Type:
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Investor Type:
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Currency:
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Share Class Inception Date:
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Minimum Subsribtion:
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Liquidity
Gate:
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Gate Level:
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Redemption Frequancy:
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Redemption Basis:
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Redemption Notice Period:
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Redemption Settlement:
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Subscribtion Frequency:
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Subscribtion Basis:
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Subscribtion Notice Period:
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Dividend Distribution Frequancy:
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Fees
Management Fee:
Value hidden
Note description value is hidden
Management Fee Basis:
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Note description value is hidden
Management Fee Paying Frequancy:
Value hidden
Note description value is hidden
Management fees charged on gross assets:
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Note description value is hidden
Portfolio-level fees (in addition to management fees):
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Note description value is hidden
Performance Fee:
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Performance Fee Basis:
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Hurdle rate:
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Catch-up:
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Performance fees crystallize on unrealized gains:
Value hidden
Note description value is hidden
Perpetual High Water Mark Mechanism (or equivalent):
Value hidden
Note description value is hidden
Front load (subscription):
Value hidden
Note description value is hidden
Back load (redemption):
Value hidden
Note description value is hidden
Servicing fee:
Value hidden
Note description value is hidden

StepStone Private Markets Fund Key Investment People

Firstname Lastname
Person position in the company
City, Country
About

This is placeholder biography text describing the person's role at the firm and previous experience in a way that roughly matches the length of a real biography entry.

Contact details
LinkedInEmailPhone
hidden@example.com+12 34 5678 9012
Key information
Investment committee member:
Not displayed...
Years at the firm:
Not displayed...
Years in the industry:
Not displayed...
Professional designations:
Not displayed...
Personal bankruptcy cases (US, UK):
Not displayed...
Litigations/Arbitration cases (US, UK):
Not displayed...
Regulatory history (SEC, FCA):
Not displayed...
Notable deals
Hidden placeholder for the first notable deal detailed description summary
Hidden placeholder for the second notable deal detailed description summary
Hidden placeholder for the third notable deal detailed description summary
Experience
Company 1 experience · 5 yrs 11 mos
Hidden role at the investment manager
Jan 2015 - Dec 2020 · 5 yrs 11 mos
City, Country
Hidden senior placeholder role at the investment manager
Jan 2015 - Dec 2020 · 5 yrs 11 mos
City, Country
Hidden placeholder role at the investment manager
Jan 2015 - Dec 2020 · 5 yrs 11 mos
City, Country
Company 2 experience · 4 yrs 11 mos
Previous placeholder investment position title
Jan 2010 - Dec 2014 · 4 yrs 11 mos
City, Country
Company 3 experience · 4 yrs 11 mos
Previous placeholder investment position title
Jan 2010 - Dec 2014 · 4 yrs 11 mos
City, Country
Education
University name placeholder
Placeholder degree in finance or business related field
Sep 2005 - Jun 2009
City, Country

StepStone Private Markets Fund FAQ

What is StepStone Private Markets Fund?StepStone Private Markets Fund is an evergreen Tender fund focused on Diversified Private Markets and managed by StepStone.
Who manages StepStone Private Markets Fund?StepStone Private Markets Fund is managed by StepStone, based in New York, United States.
How big is StepStone Private Markets Fund?StepStone Private Markets Fund has a size of $5.5B.
What type of fund is StepStone Private Markets Fund?StepStone Private Markets Fund is an open-ended / evergreen Tender fund investing in diversified private markets domiciled in United States.
When was StepStone Private Markets Fund launched?StepStone Private Markets Fund was launched on Oct 1, 2020 and is structured as an Tender fund vehicle with no fixed termination date.
Where is StepStone Private Markets Fund domiciled and regulated?StepStone Private Markets Fund is domiciled in United States under Tender fund.

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SPRIM | StepStone Private Markets Fund - Analysis