StepStone Private Credit Fund Q3 NAV $26.05, NII $0.64, distrib $0.61, raises $134.3M

Stepstone Private Credit Fund LLC

NAV per share $26.05 as of Sep 30, 2025; aggregate NAV $1,509.3M; portfolio $2,645.5M; debt $1,179.6M.
Net investment income per share for Q3 2025: $0.64 per share.
Distribution of $0.61 per share payable Oct 31, 2025 to holders of record Sep 29, 2025.
Sold 5,153,708 unregistered shares for $134.3M; total issued 60,652,903 shares for ~$1.582B.
Private offering continues up to $10B; company intends to sell shares monthly.

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 5,153,708 unregistered shares of common stock to participating investors for aggregate consideration of $134.3 million.

Security: common stock
Shares: 5,153,708 unregistered shares
Purchaser: participating investors
Consideration: aggregate consideration of $134.3 million

Exact text from the filing

As of October 1, 2025, Stepstone Private Credit Fund LLC (the “Company”) sold 5,153,708 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 October 28, 2025) pursuant to subscription agreements entered into with the participating investors for aggregate consideration of $134.3 million.

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Source: SEC EDGAR

accession 0001193125-25-253439

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