Alpine StepStone Diversified Private Markets Fund (2021 Vintage) LP

The Fund’s objective is to provide unitholders with attractive risk-adjusted returns over the life of the investment that are largely uncorrelated with traditional investments through exposure to the returns of StepStone Atlas Opportunities Fund III (Offshore) L.P. (the “StepStone Cayman Fund”). The focus of the StepStone Cayman Fund will be on small and middle market buyout, growth equity and strategic opportunities. Through this multifaceted investment approach, the StepStone Cayman Fund will seek to provide investors with access to private market investments that StepStone believes have the potential to generate top-quartile returns based on its analysis.  

Quarterly Report

Why Invest?

  • Attractive investments across primary fund investments, secondaries and co-investments. 
  • Diversification across small and middle market buyout, growth equity managers; and
  • Access to over-subscribed, highly sought-after managers and attractive investment opportunities at a significantly reduced minimum commitment.

Fund Details

Legal structure
Limited Partnership
Strategy
Private Markets
Fundserv Code
Class A: SPA1901 | Class F: SPA1903
RSP Eligible
No
Subscription Frequency
Initial commitment by March 31, 2021 which will be subject to periodic capital calls for up to 4 years
Minimum Investment (permitted clients only)
US$ 250,000
Currency
US dollars
Investment Advisor Fee
Class A: 3% of the commitment, paid at the time of the initial capital call
Class F: None
Management Fee
0.20% per annum of commitment, calculated and paid quarterly in advance, in addition to StepStone Cayman Fund fees
Performance Fee
None, in addition to StepStone Cayman Fund fees
Structuring Fee
1% of the commitment, paid at the time of the initial capital call, + 0.20% per annum for the first 7 years, calculated and paid quarterly in advance
Redemption Frequency
Non-redeemable
Capital Call Notice
Minimum 5 business days