XPMDX

About XPMDX

StepStone Private Markets Fund – Class D is an open-ended private markets fund designed to provide diversified access to private equity, private debt, and real assets through a single vehicle. It seeks long-term capital appreciation and current income by allocating across secondaries, co-investments, and select primaries, leveraging StepStone’s global platform and manager network to construct a broadly diversified portfolio across geographies and strategies. The fund emphasizes secondary transactions to help reduce blind-pool risk, mitigate the private markets J-curve, and accelerate distributions relative to traditional closed-end structures. As part of StepStone’s publicly registered evergreen lineup, it offers daily valuation and admissions, aiming to streamline access for wealth investors while maintaining institutional-grade sourcing and diligence. Portfolio construction leverages StepStone’s data resources and due diligence to target cash flow–positive, established businesses across buyout-focused private equity with complementary exposure to real assets and private credit. This approach positions the fund as a core private markets solution for investors seeking multi-asset private exposure within a single, continuously offered fund.