StepStone Private Credit Fund sells $95.8M of shares; NAV per share $26.43

Stepstone Private Credit Fund LLC

Sold 3,624,185 unregistered shares for $95.8M in September 2025 private offering.
NAV per share $26.43 as of Aug 31, 2025; aggregate NAV ~$1,435.4M.
Investment portfolio fair value $2,505.5M; debt outstanding $1,140.6M.
Total cumulative private offering proceeds ~$1,447.5M from 55.5M shares issued.
Continuous offering up to $10B; monthly sales continue without specified cap date.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Stepstone Private Credit Fund LLC issued 3,624,185 unregistered shares of common stock to participating investors for $95.8 million.

Security: common stock
Shares: 3,624,185 unregistered shares
Purchaser: participating investors
Consideration: $95.8 million

Exact text from the filing

As of September 1, 2025, Stepstone Private Credit Fund LLC (the “Company”) sold 3,624,185 unregistered shares (the “Sold Shares”) of the Company’s limited liability company interests (the “Shares”) (with the final number of Sold Shares issued being determined on September 26, 2025) pursuant to subscription agreements entered into with the participating investors for aggregate consideration of $95.8 million.

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Source: SEC EDGAR

accession 0001193125-25-220156

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