At a glance
- The manager of record is StepStone Group LP, and no fee was listed.
- The indefinite amount gives allocators no capacity ceiling to compare against rival venture vehicles.
- The first sale has not occurred, placing the filing at formation rather than at a close.
StepStone Group filed a Form D on Nov. 12 for StepStone VC Early Stage IV LP, a private equity fund with an indefinite offering amount and no first sale.
The manager of record is StepStone Group LP, and no fee was listed.
The indefinite amount gives allocators no capacity ceiling to compare against rival venture vehicles. The fund name indicates a fourth early-stage vehicle in the series.
The first sale has not occurred, placing the filing at formation rather than at a close. The first-sale date will be the next data point for allocators tracking the vehicle.
Reported by the Raises & Launches desk from SEC EDGAR. Published . Corrections