StepStone Private Infrastructure Luxembourg (STRUCTURE Lux)

StepStone Private Infrastructure Luxembourg (STRUCTURE Lux) is an open-ended SICAV managed by StepStone and domiciled in Luxembourg, authorised under the UCI Part II regime and therefore classified as Non-ELTIF rather than as a European long-term investment fund. The vehicle began operating in 2023, is denominated in USD, and pursues a multi-strategy approach within infrastructure, with reported exposure spread across and reported assets of . It is classified Article 6 under SFDR and carries a summary risk indicator of 6.

The liquidity design is the evergreen pattern used by most semi-liquid infrastructure vehicles: capital can be committed on a weekly basis, net asset value is struck monthly, and redemptions are available only quarterly subject to 30 days' notice. The gap between the subscription and redemption cycles, and the monthly pricing point used to settle both, means investors should expect entry to be materially faster than exit, with gating and proration mechanics at the discretion of the manager. The entry threshold of 25,000 USD places the fund within reach of wealth-channel allocations as well as institutional tickets, consistent with its pan-European distribution scope. Cost terms, a management fee of and a performance fee of , sit alongside the equivalent disclosures for its peer set.

For context, the fund is one of 73 infrastructure vehicles and one of 347 Luxembourg-domiciled vehicles in the Novantigo universe of 494 funds, and one of 57 that combine both characteristics, so its structural, fee and liquidity terms can be read directly against a defined comparator group. Data shown is as of 31 Aug 2026.