Tender Offer - StepStone Private Infrastructure Fund
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.
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