StepStone Group Closes Inaugural Infrastructure Co-investment Fund, Exceeding $1.4 Billion Target

STEP
September 19, 2025
StepStone Group Inc. announced the final close of StepStone Infrastructure Co-Investment Partners 2022 (SICP) and related separate accounts, securing over $1.4 billion in capital commitments. The fund, SICP, closed with approximately $1.2 billion, significantly surpassing its initial target. SICP's strategy involves investing alongside leading global infrastructure sponsors in select transactions, focusing on core-plus and value-add opportunities. The fund aims to capitalize on major secular trends, including the energy transition, and the growth of digital connectivity and artificial intelligence. StepStone is a highly active infrastructure investor, deploying an average of $13 billion annually over the past three years. This scale, combined with a team of over 80 infrastructure professionals, enables the firm to leverage its deep general partner relationships and access a broad pool of opportunities across various investment strategies. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.