StepStone VC Secondaries Fund VII ND LP amended its exempt offering on September 1, 2026, with the offering amount listed as indefinite. The amendment matters to investors because limited partner interests are offered through parallel funds and feeder entities, while Placement and quarterly management fees may apply to those interests.

Key Highlights

  • The pooled Investment fund is identified as a Private Equity fund using exemption code 06b.
  • Morgan Stanley Smith Barney LLC and Raymond James affiliates are among the firms listed in the filing.
  • Listed placement agents include Morgan Stanley Smith Barney LLC, Raymond James & Associates Inc. and Raymond James Financial Services Inc. along with other named firms.

StepStone VC Secondaries Fund VII ND LP amended its exempt offering on September 1, 2026.

Fund Structure and Placement Arrangements

The amendment identifies exemption code 06b and lists StepStone VC Secondaries GP VII LLC as the issuer’s general partner. The listed StepStone partners serving as executive officers include John Avirett, Brian Borton, Andrew Callahan, Anthony Giambrone, Seyonne Kang, Adair Newhall, Lindsay Redfield, Hunter Somerville, Stephen West and John Wuestling. The filing lists Morgan Stanley Smith Barney LLC, Leader Private Capital Ltd, Gresham Partners Capital Limited, Capital Advisory Partners New Zealand Limited, Shinhan Securities Co. Ltd. Raymond James & Associates Inc. and Raymond James Financial Services Inc. A fee for management services is calculated quarterly based on a percentage of commitments and paid to an affiliate of the issuer. The amendment is signed by Lindsay Redfield, a StepStone partner.