Stepstone Private Markets Luxembourg (SPRIM™ Lux)

Stepstone Private Markets Luxembourg (SPRIM™ Lux) is an open-end multi-asset vehicle managed by StepStone, structured as a SICAV domiciled in Luxembourg and authorised under the UCI Part II framework. It is a Non-ELTIF product, so the N/A designation does not apply, and it is distributed pan-European to both professional and eligible retail investors. The fund launched in 2022, reports in USD, and pursues a multi asset approach across private markets segments, with the underlying exposure reflected in and reported assets of .

Access mechanics follow the evergreen semi-liquid template rather than a drawdown structure. Subscriptions are accepted on a weekly basis from a minimum of 25,000 USD, while liquidity is offered quarterly subject to a 30 notice period and an initial hard lock-up on subscribed shares, meaning early capital is not redeemable on the standard cycle. Fees comprise a management charge of and a performance component of , both of which can be compared against the equivalent terms of the 33 funds that share this asset class and domicile.

For positioning, the fund is one of 62 multi-asset vehicles and one of 347 Luxembourg-domiciled vehicles in a tracked universe of 494 funds, placing it in the larger of the European domicile cohorts but a narrower multi-asset subset. It is classified Article 6 under SFDR, with no sustainability objective disclosed, and carries a summary risk indicator of 4. Figures shown are as of 31 Aug 2026.