IPO - StepStone Private Markets

Form Type: 486APOS

Filing Date: 2025-05-30

Corporate Action: Ipo

Type: New

Accession Number: 000119312525132287

Filing Summary: StepStone Private Markets is filing a pre-effective amendment for a registration statement under the Securities Act of 1933 and the Investment Company Act of 1940, relating to a proposed public offering of its Class S, Class D, and Class I Shares. The Fund is structured as a diversified, closed-end management investment company aiming for long-term capital appreciation through investment in private market assets, including private equity, private debt, and real assets. It offers a minimum initial investment of $5,000 for Class S and Class D Shares, and $1,000,000 for Class I Shares. The Fund intends to primarily invest 80% of its assets into these private market assets while seeking superior risk-adjusted returns. A significant focus is on providing liquidity to investors through periodic share repurchases and potential distributions, involving a sales load of up to 3.50% on Class S Shares. The expected commencement of the public offering is as soon as practicable after this registration becomes effective, which will occur 60 days post-filing unless otherwise specified by the SEC. The investment thrust includes a comprehensive portfolio construction approach to optimize returns and mitigate risks, facilitated by StepStone Group Private Wealth LLC's advisory services.