ALPINE SPRING PRIVATE VENTURE & GROWTH FUND
Alpine SPRING is a continuous offering, fully-funded/non-callable fund that provides investors with exposure to a venture capital and growth equity investment portfolio focused on the “innovation economy”, the most dynamic companies, technologies and sectors that are seen to benefit from attractive secular trends. The investment portfolio is managed by the StepStone Group, a global asset manager and advisory firm of private assets with about US$660bn in total capital responsibility, over 980 investment professionals and 27 offices globally.
Alpine SPRING and StepStone’s investment objectives are to (a) achieve global access to top-tier venture and growth equity managers; (b) gain diversified exposure across the innovation economy; and (c) to achieve long-term capital appreciation.
Why Invest?
- Interested in investments with exposure to private equity, with a particular focus on venture capital and growth equity.
- To gain access to prominent 3rd party private asset managers that are generally unavailable to the investing public due to resource requirements and high investment minimums.
- To benefit from diversification across industry sector, investment stage and size, geography and strategy.
Fund Details
| US$ |
C$ |
|
| Class A: | SPA1950 | SPA1958 |
| Class F: | SPA1952 | SPA1960 |
| Class XF: | SPA1956 | SPA1964 |
| Class I: | SPA1954 | SPA1962 |
| US$ |
C$ |
|
| Class A: | 25,000.00 | 25,000.00 |
| Class F: | 25,000.00 | 25,000.00 |
| Class XF: | 2,500,000.00 | 2,500,000.00 |
| Class I: | 5,000,000.00 | 5,000,000.00 |
| Onshore Fees | Offshore Fees |
| 0.20% | 1.50% |
| % per annum of the aggregate Net Asset Value |
| US$ |
C$ |
|
| Class A: | 0.40% | 0.40% |
| Class F: | 0.40% | 0.40% |
| Class XF: | 0.30% | 0.30% |
| Class I: | 0.05% | 0.05% |
| % per annum of the aggregate Class Net Asset Value |
