StepStone's record fundraise and a 'perfect storm' for secondaries
The PERE Podcast

StepStone’s record fundraise and a ’perfect storm’ for secondaries

2025-05-02
On the heels of PERE's exclusive report last week on New York-based manager StepStone Group raising the private real estate sector's largest-ever secondaries fund, we spotlight the massive capital haul and the emergence of real estate secondaries more broadly as a major fundraising theme in a time of market dislocation. Indeed, StepStone is not the only private real estate manager eyeing big opportunities in the once-nascent strategy. Its $4.5 billion fundraise for StepStone Real Estate P...
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