StepStone VC Secondaries Fund VII-I amended its exempt offering record on September 1, 2026, covering limited partner interests offered through the fund, parallel funds and feeder entities. The update matters to investors because it identifies the offering structure, placement-agent arrangements and quarterly management fees tied to commitments.

Key Highlights

  • The vehicle is organised as a Cayman Islands limited Partnership and classified as a Private Equity pooled Investment fund.
  • Morgan Stanley Smith Barney LLC is listed at 2000 Westchester Avenue in Purchase, New York.
  • An affiliate of StepStone receives a quarterly management fee based on investor commitments.

StepStone VC Secondaries Fund VII-I amended its exempt offering record on September 1, 2026, covering limited partner interests offered and sold through the fund, StepStone VC Secondaries Fund VII LP, parallel funds and other feeder entities.

StepStone VC Secondaries GP VII LLC is identified as the fund’s general partner. StepStone Group LP serves as managing member of that general partner, while StepStone Group Holdings LLC is the general partner of the managing member. The record lists Morgan Stanley Smith Barney LLC, Leader Private Capital Ltd, Gresham Partners Capital Limited, Leader Private Funds Ltd, Capital Advisory Partners New Zealand Limited, Raymond James & Associates Inc. and Raymond James Financial Services Inc. in connection with the offering.

Investor Insights

An affiliate is to receive a management-services fee calculated quarterly as a percentage of commitments.