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Alternative Market Briefing

StepStone Group raises $705M for latest fund

Monday, April 28, 2025

Bailey McCann, Opalesque New York:

StepStone Group has closed its StepStone Tactical Growth Fund IV on $705 million.

Through STGF IV, StepStone partners with growth equity sponsors in the technology and healthcare sectors. The fund pursues founder-led businesses outside the traditional venture capital ecosystem that exhibit rapid topline growth, strong margins, capital efficiency, and minimal leverage. StepStone believes these businesses have the potential to provide complementary exposure to both......................

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