StepStone adds third tactical growth fund

StepStone Group just raised $690 million for its latest growth equity fund focused on technology and healthcare.

StepStone Tactical Growth Fund III interestingly mixes fund, secondary and co-investments in order to build ‘diversified’ exposure to high-growth global technology and healthcare assets. The opportunistic nature of the strategy is eyeing venture capital and growth-equity backed companies as the team manages volatility, reduces fees and seeks to accelerate time to liquidity through innovative portfolio construction.

The fund is managed by StepStone partners Brian Borton, Andrew Callahan and John Coelho, following the Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.

Monthly subscriptions and discounted corporate plans for up to 100 members also available.

Read more

Related Articles

Back to top button

Start Your Days in the Know


Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!