Tender Offer - StepStone Private Infrastructure Fund

Add to your watchlist
Back to List of Tender Offers

Form Type: N-23C3A

Filing Date: 2025-05-12

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525117906

Filing Summary: StepStone Private Infrastructure Fund is notifying shareholders of a quarterly repurchase offer for shares, allowing them to redeem shares for cash. The repurchase offer period starts on May 12, 2025, and ends on June 16, 2025, at 4:00 p.m. ET. Up to 5% of the fund's issued and outstanding shares can be repurchased at the net asset value (NAV) as of the close of the NYSE on the pricing date. Shareholders can submit repurchase requests through financial intermediaries or directly if holding a shareholder account with the fund. The offer is not conditioned upon a minimum number of shares being tendered. Shareholders should also be aware of tax implications and potential transaction fees from financial intermediaries. The fund reserves the right to suspend or postpone the offer under certain conditions, and subsequent repurchase requests are not prioritized. The document also stipulates that shareholders must plan for deadlines, especially if subjected to required minimum distributions (RMDs) from retirement accounts.

Additional details:

Investment Company Name: StepStone Private Infrastructure Fund


Address: 128 S Tryon St., Suite 1600 Charlotte, NC 28202


Repurchase Offer Amount: 5% of issued and outstanding shares


Repurchase Request Deadline: 2025-06-16T16:00:00


Nav Class D: 13.43


Nav Class I: 13.44


Nav Class S: 13.41


Payment Date: within 7 days after repurchase pricing date


Tax Consequences: Participation may be treated as a taxable event.


Comments

No comments yet. Be the first to comment!