Private company

Stepstone Private Credit Fund LLC

Stepstone Private Credit Fund LLC is an investment fund that raised $121.6 million in 2023 (SEC Form D).2 It is headquartered in Wilmington, United States.2

Last updated Oct 20, 2026.

Overview

  • HeadquartersWilmington, United States2
  • Incorporated inDE3
  • Business address277 Park Avenue, 44Th Floor, New York, Ny 101723
  • Filer category, Emerging growth company3
  • Legal formLimited Liability Company2
  • Kind of organizationInvestment fund2
  • LEI635400Z7XURKBQ5D2Q702
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressc/o The Corporation Trust Company, 19801 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 70492772

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income5$130.7M in 2025+97% since 2024
0$50.0M$100.0M$150.0M2024: $66.3M$66.3M20242025: $130.7M$130.7M2025+97%
Fiscal year2023202420252026
Operating expenses$54.4M5$103.6M5
Interest$36.1M5$68.6M5
Net income$66.3M5$130.7M5
Shares (weighted, basic)23.3M shares552.0M shares5
Shares (weighted, diluted)23.3M shares8

Compare Stepstone Private Credit Fund LLC with another company

Corporate structure

Stepstone Private Credit Fund LLC sits at the top of its group. 10 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Stepstone Private Credit Fund LLC Wilmington, Delaware, United States
    • SCRED SPV V LLC Subsidiary · Delaware, United States
    • SCRED SPV VI LLC Subsidiary · Delaware, United States
    • SPV Facility I LLC Subsidiary · Delaware, United States
    • StepStone CLO 2024-I LLC Subsidiary · Delaware, United States
    • StepStone CLO 2025-I LLC Subsidiary · Delaware, United States
    • StepStone Great Lakes SPV Facility II LLC Subsidiary · Delaware, United States
    • StepStone SPV Facility III LLC Subsidiary · Delaware, United States
    • StepStone SPV Facility IV Intermediate Holdco LLC Subsidiary · Delaware, United States
    • StepStone SPV Facility IV LLC Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC. Each entity in the chart links to its source.

What it owns

What Stepstone Private Credit Fund LLC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.9M8 Dec 31, 2024$5.2M8 Dec 31, 2023−63.6%

Leadership

Who has led Stepstone Private Credit Fund LLC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Darren M. Friedman2023

Chief financial officer

  1. Joseph Cambareri2023
2025
Board members and other officers (7)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • SCRED SPV V LLC Delaware4
  • SCRED SPV VI LLC Delaware4
  • SPV Facility I LLC Delaware4
  • StepStone CLO 2024-I LLC Delaware4
  • StepStone CLO 2025-I LLC Delaware4
  • StepStone Great Lakes SPV Facility II LLC Delaware4
  • StepStone SPV Facility III LLC Delaware4
  • StepStone SPV Facility IV Intermediate Holdco LLC Delaware4
  • StepStone SPV Facility IV LLC Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Sep 18, 20268-K Unregistered sale of shares; Other events18
  2. Sep 17, 20268-K Entered a material agreement; New debt or obligation19
  3. Aug 19, 20268-K Unregistered sale of shares; Other events20
  4. Jul 21, 20268-K Unregistered sale of shares; Other events21
  5. Jun 23, 20268-K Unregistered sale of shares; Other events22
  6. May 27, 20268-K Unregistered sale of shares; Other events23
  7. Apr 28, 20268-K Unregistered sale of shares; Other events24
  8. Apr 10, 20268-K Ended a material agreement25
  9. Mar 26, 20268-K Unregistered sale of shares; Other events26
  10. Feb 27, 20268-K Unregistered sale of shares; Other events27
  11. Jan 30, 20268-K Unregistered sale of shares; Other events28
  12. Dec 29, 20258-K Unregistered sale of shares; Other events29
  13. May 2, 2023New chief executive Darren M. Friedman becomes CEO9
  14. Sep 26, 2022Founded Stepstone Private Credit Fund LLC is founded2

Calendar

When it reported results

  1. Oct 25, 2024Reported quarterly or annual results30

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

138 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 64 major events, 12 insider forms, 5 private raises, 44 other. The latest 20:

  1. Oct 1, 20263 EDGAR
  2. Sep 18, 20268-K EDGAR
  3. Sep 17, 20268-K EDGAR
  4. Aug 19, 20268-K EDGAR
  5. Aug 14, 202610-Q EDGAR
  6. Aug 3, 2026SC TO-I EDGAR
  7. Jul 27, 2026SC TO-I/A EDGAR
  8. Jul 21, 20268-K EDGAR
  9. Jul 15, 2026CORRESP EDGAR
  10. Jun 23, 20268-K EDGAR
  11. May 27, 20268-K EDGAR
  12. May 26, 2026D/A EDGAR
  13. May 14, 202610-Q EDGAR
  14. May 1, 2026SC TO-I EDGAR
  15. Apr 28, 20268-K EDGAR
  16. Apr 10, 2026SC TO-I/A EDGAR
  17. Apr 10, 20268-K EDGAR
  18. Mar 27, 202610-K EDGAR
  19. Mar 26, 20268-K EDGAR
  20. Mar 9, 2026APP ORDR EDGAR

The 138 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 30, 2026Goldblatt ArielDirectorBuy3,841$26.03$100.0KForm 4
Jan 30, 2026Goldblatt ArielDirectorBuy3,841$100,000.00$384.1MForm 4

From Forms 4 filed with the SEC.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. May 1, 2023Raised $66.7 million in a private offering of equity Form D: 14 investors so far Form D
  2. May 1, 2023Raised $54.8 million in a private offering of equity Form D: 28 investors so far Form D

SEC filer profile

How Stepstone Private Credit Fund LLC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARStepstone Private Credit Fund LLC1
  • CIK0001950803
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Business address277 Park Avenue, 44Th Floor, New York, NY 101721
  • Phone212-351-61001
  • Shares outstanding116,156,550 as of Jul 31, 20267
  • Public float$0 as of Dec 31, 20255
  • On EDGAR sinceDec 30, 20221
  • Filings141 in all: 8-K (63), SC TO-I/A (14), SC TO-I (12), 10-Q (10), 3 (10), 40-17G (5), 10-12G/A (3), 10-K (3)1
    All 22 form types

    CORRESP (3), D/A (3), 10-12G (2), 40-APP (2), D (2), 4 (1), 4/A (1), 40-APP/A (1), 8-K/A (1), APP NTC (1), APP ORDR (1), APP WDG (1), N-54A (1), RW (1)

  • Latest filingsAnnual report (10-K) Mar 27, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Latest 8-K (8-K) Sep 18, 2026

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30