StepStone Group Closes Inaugural Infrastructure Co-investment Fund, Surpassing $1 billion
StepStone Group (Nasdaq: STEP) has announced the final close of its StepStone Infrastructure Co-Investment Partners 2022 (SICP) fund and related separate accounts, securing over $1.4 billion in capital commitments. The SICP fund specifically closed with approximately $1.2 billion, significantly exceeding its target.
The fund focuses on co-investing alongside global infrastructure sponsors, targeting core-plus and value-add opportunities in sectors driven by major trends including energy transition, digital connectivity, and AI. StepStone, which deploys an average of $13 billion annually over the past three years, leverages its team of over 80 infrastructure professionals to manage investments across primary fund investments, secondaries, and co-investments.
StepStone Group (Nasdaq: STEP) ha annunciato la chiusura finale del suo fondo StepStone Infrastructure Co-Investment Partners 2022 (SICP) e dei relativi conti separati, assicurando oltre 1,4 miliardi di dollari in impegni di capitale. Il fondo SICP ha chiuso specificamente con circa 1,2 miliardi di dollari, superando significativamente il suo obiettivo.
Il fondo si concentra sul co-investimento insieme a sponsor globali di infrastrutture, mirando a opportunità core-plus e value-add in settori guidati da grandi tendenze, inclusa la transizione energetica, la connettività digitale e l'IA. StepStone, che distribuisce in media 13 miliardi di dollari all'anno negli ultimi tre anni, sfrutta il suo team di oltre 80 professionisti delle infrastrutture per gestire investimenti in investimenti in fondi primari, secondari e co-investimenti.
StepStone Group (Nasdaq: STEP) ha anunciado el cierre final de su fondo StepStone Infrastructure Co-Investment Partners 2022 (SICP) y cuentas separadas relacionadas, asegurando más de 1.4 mil millones de dólares en compromisos de capital. El fondo SICP cerró específicamente con aproximadamente 1.2 mil millones de dólares, superando significativamente su objetivo.
El fondo se centra en co-invertir junto a patrocinadores globales de infraestructura, buscando oportunidades core-plus y value-add en sectores impulsados por grandes tendencias, incluida la transición energética, la conectividad digital y la IA. StepStone, que despliega un promedio de 13 mil millones de dólares anualmente durante los últimos tres años, aprovecha su equipo de más de 80 profesionales en infraestructura para gestionar inversiones en fondos primarios, secundarios y co-inversiones.
스텝스톤 그룹 (나스닥: STEP)은 스텝스톤 인프라 공동 투자 파트너 2022 (SICP) 펀드와 관련된 별도 계정의 최종 마감을 발표하며, 14억 달러 이상의 자본 약정을 확보했습니다. SICP 펀드는 약 12억 달러로 마감되어 목표를 크게 초과했습니다.
이 펀드는 글로벌 인프라 후원자들과 함께 공동 투자하는 데 초점을 맞추고 있으며, 에너지 전환, 디지털 연결성 및 AI와 같은 주요 트렌드에 의해 추진되는 핵심 플러스 및 가치 추가 기회를 목표로 합니다. 스텝스톤은 지난 3년 동안 매년 평균 130억 달러를 배치하며, 80명 이상의 인프라 전문가 팀을 활용하여 주요 펀드 투자, 세컨더리 및 공동 투자의 관리를 진행합니다.
StepStone Group (Nasdaq: STEP) a annoncé la clôture finale de son fonds StepStone Infrastructure Co-Investment Partners 2022 (SICP) et des comptes séparés associés, ayant sécurisé plus de 1,4 milliard de dollars d'engagements en capital. Le fonds SICP a spécifiquement clôturé avec environ 1,2 milliard de dollars, dépassant ainsi de manière significative son objectif.
Ce fonds se concentre sur les co-investissements aux côtés de sponsors d'infrastructure mondiaux, ciblant des opportunités core-plus et value-add dans des secteurs guidés par des grandes tendances telles que la transition énergétique, la connectivité numérique et l'IA. StepStone, qui déploie en moyenne 13 milliards de dollars par an ces trois dernières années, s'appuie sur son équipe de plus de 80 professionnels des infrastructures pour gérer les investissements en fonds primaires, secondaires et co-investissements.
StepStone Group (Nasdaq: STEP) hat den endgültigen Abschluss seines StepStone Infrastructure Co-Investment Partners 2022 (SICP) Fonds und verwandten separaten Konten bekannt gegeben und über 1,4 Milliarden US-Dollar an Kapitalzusagen gesichert. Der SICP-Fonds hat spezifisch mit etwa 1,2 Milliarden US-Dollar abgeschlossen und sein Ziel damit erheblich übertroffen.
Der Fonds konzentriert sich auf Co-Investitionen zusammen mit globalen Infrastruktur-Sponsoren und zielt auf Core-Plus- und Value-Add-Möglichkeiten in Sektoren ab, die von großen Trends wie Energiewende, digitaler Konnektivität und KI geprägt sind. StepStone, das in den letzten drei Jahren im Durchschnitt 13 Milliarden US-Dollar pro Jahr investiert, nutzt sein Team von über 80 Infrastruktur-Fachleuten, um Investitionen in primären Fonds, zweitrangige Investments und Co-Investitionen zu verwalten.
- Secured over $1.4B in total capital commitments, with SICP fund raising $1.2B above target
- Demonstrates significant deployment capacity with $13B annual average infrastructure investment
- Large specialized team of 80+ infrastructure professionals
- None.
Insights
The successful close of StepStone's first infrastructure co-investment fund at
The fund's focus on core-plus and value-add opportunities in growth sectors like energy transition, digital connectivity and AI infrastructure aligns with major secular trends. StepStone's impressive
This fund launch strategically positions StepStone to capitalize on the growing institutional demand for infrastructure investments, particularly in transformative sectors. Their deployment capacity of
- Lower fee structures compared to traditional fund investments
- Greater investment control and transparency
- Faster capital deployment
- Enhanced alignment with top-tier infrastructure sponsors
The timing is opportune as infrastructure investments are increasingly sought after for their potential inflation protection, stable cash flows and exposure to secular growth trends in energy transition and digital transformation.
The successful fund close strengthens StepStone's competitive position in the growing infrastructure investment market. With
- Management fee generation on committed capital
- Potential performance fees from successful investments
- Enhanced market presence leading to additional mandate opportunities
Expands infrastructure investment solutions beyond separate accounts, broadening access for investors
NEW YORK, Jan. 13, 2025 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, today announced the final close of StepStone Infrastructure Co-Investment Partners 2022 (“SICP” or the “Fund”) and related separate accounts with over
SICP closed with approximately
Through SICP, StepStone invests alongside leading global infrastructure sponsors in select transactions according to their expertise. The Fund pursues a mix of core-plus and value-add opportunities and seeks to capitalize on major secular trends such as the energy transition, the growth of digital connectivity and AI.
StepStone is among the most active infrastructure investors in the world, deploying an average of
“The close of SICP marks a significant milestone as we expand the solutions we offer our clients,” said James O’Leary, Partner and Head of StepStone Infrastructure & Real Assets. “We would like to thank our investors for their trust and support. There continues to be attractive investment opportunities in infrastructure, and we look forward to working closely with investors to find the optimal way for them to include this compelling asset class in their portfolios.”
Latham & Watkins LLP advised on the formation of the Fund.
About StepStone
StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of September 30, 2024, StepStone was responsible for approximately
Contacts
Shareholder Relations:
Seth Weiss
shareholders@stepstonegroup.com
+1 (212) 351-6106
Media:
Brian Ruby / Chris Gillick / Matt Lettiero, ICR
StepStonePR@icrinc.com
+1 (203) 682-8268
FAQ
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