Stepstone VC Secondaries Fund VI | StepStone Group

Secondary Fund | August 2023

Fund Overview:
Stepstone VC Secondaries Fund VI is a limited partnership established by StepStone Group Inc, registered in the state of Delaware-US, and is expected to start operating during the year 2024. The StepStone Group was founded in 2003, it manages about 111 billion dollars and has over 900 employees worldwide. The group engages in various avenues of investment in private markets (private equity, private debt, real estate and infrastructure and real assets). In 2021, the StepStone Group completed the acquisition of Greenspring Associates and created the VC platform called StepStone VC, which manages $28 billion, has 150 staff members (of which 70 are investment managers). StepStone VC has made over 1,300 VC secondaries transactions in funds and direct transactions. The fundraising target of the current fund is 2.75 billion dollars with a hard cap of 3.4 billion dollars.

 

Strategy:
The fund will invest in the rights of VC funds around the world through purchases in the secondary market either at the initiative of the fund manager (GP-Led Transactions), an investor (LP-Led Transactions) or in Direct Secondary transactions. The fund operates as part of the StepStone Group and leverages the group’s resources and advantages to locate, initiate, execute and monitor investments.

Related Analyses that May Interest You:

Discliamer

  • The analyses published on this Website are based on data obtained by the analysis editor from fund managers which include answers to questionnaires provided to them, various documents provided by the fund on request, market and trading data from the trading systems, if any, and opinions that reflect the subjective point of view of the analysis editors alone, but which to not address the investment’s adequacy to the needs of a particular investor, or in general.
  • The editors of the analyses published on the Website are not obligated to update the analysis from time to time or at all, and therefore, each analysis contained on the Website is relevant as of the date of its preparation.
  • The analyses published on the Website do not constitute a recommendation to carry out transactions involving interests in funds, nor do they constitute an investment advice within the meaning of the Regulation of Investment Advice, Investment Marketing and Investment Portfolio Management Law, 5755-1995, or an offer to purchase interests in the funds under review.
  • An investment in an equity fund, by nature, involve risks, including risks arising from the character and terms of investments managed on behalf of the fund, the manner of managing them as well as risks beyond the control of the fund, such as risks arising from macroeconomic changes. It is clarified that the content of the analysis does not constitute legal or tax advice relating to the investment in investment funds and/or a particular fund. Each investor is advised to consult with other competent advisors to evaluate the investment in the fund.
  • Any investment in the fund must only be made in accordance with the legal documents of the fund and the terms and conditions contained therein, after the investor has obtained all relevant legal documents, reviewed them in person, at his own expense, and signed them.
  • Each analysis contains projections, estimates, and other forward-looking information, the materialization of which is uncertain. Facts and data contained in each analysis are as of the date the analysis was performed, without any certainty that the projections and estimates described therein would materialize. Moreover, the results of such projections and estimates may be materially different than those described in the analysis.
  • The Company and/or any of its executives and/or representatives and/or anyone acting on its behalf assumes no liability for any direct or circumstantial loss resulting from the investment in the funds under review.
  • The analyses published on the Website are the exclusive property of Objective. No document or analysis contained on the Website may in whole or in part be copied, distributed or transferred, and the information contained on the Website may not, in whole or in part, be disclosed to third parties by any means whatsoever.

שנחזור אלייך?

מלאו את הפרטים ונציג יחזור אליכם בהקדם.