Tender Offer - StepStone Private Markets

Form Type: SC TO-I

Filing Date: 2025-02-07

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525022748

Filing Summary: StepStone Private Markets initiated a tender offer on February 7, 2025, for the purchase of up to 5% of the outstanding shares of the Fund from shareholders. This offer affects shares classified as Class S, Class D, and Class I, amounting to a total of 71,855,731 shares from which shareholders can tender. The net asset value (NAV) for the shares will be calculated on the Valuation Date, set for March 14, 2025, the same day by which shareholders must provide notice to tender their shares. The document outlines the terms of the offer, including key dates, the share price determination method (based on NAV), and the ability for shareholders to withdraw tender requests until the Tender Withdrawal Date, also March 14, 2025. The Fund reserves the right to extend the offer period and has retained various rights regarding the acceptance and cancellation of the offer. Shareholders are informed that the tender offer is subject to various terms that could result in conditions affecting their share ownership and potential tax implications of sales.

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