StepStone Group Inc, a global private markets investment firm, has made the final closing of StepStone Capital Partners Fund V (SCP V), its fifth dedicated co-investment fund, raising $2.36 billion of commitments.
Through SCP V, StepStone seeks to build a diversified portfolio of co-investments alongside leading private equity firms, in select transactions according to their areas of expertise. The Fund will invest in Buyout, Growth Equity, and Recapitalization transactions across a diverse set of managers, geographies, industries, vintage years, and sizes.
A diverse group of sophisticated limited partners from around the world comprises the Fund’s investor base.
Read more: Private Equity Wire