StepStone Private Venture and Growth Luxembourg (SPRING Lux)

StepStone Private Venture and Growth Luxembourg (SPRING Lux) is an open-ended evergreen vehicle managed by StepStone, domiciled in Luxembourg and launched in 2022. It is structured as a SICAV under the UCI Part II regime and is classified as a Non-ELTIF vehicle, with N/A recorded for the ELTIF framework; distribution is pan-European and open to both professional and eligible retail investors. The strategy sits in the venture segment of private equity, giving exposure to private venture and growth-stage companies through a semi-liquid wrapper rather than a traditional closed-end drawdown structure. Reported assets stand at , and the published shows how the portfolio is distributed across regions.

Mechanically, the fund accepts subscriptions on a monthly basis and strikes NAV monthly, while redemptions are processed quarterly and remain subject to the vehicle's liquidity management framework, so investors should treat dealing terms as periodic rather than continuous. The base currency is USD and the stated minimum subscription is 25,000 USD, placing the vehicle within reach of wealth and advisory channels as well as institutional allocators. Fees are set at for management and for performance, both benchmarkable against the fee ranges observed across the peer set.

For positioning, the fund is one of 163 private equity vehicles and one of 347 Luxembourg-domiciled vehicles in a universe of 494, narrowing to 117 funds that share both its asset class and domicile. It is reported as Article 6 under SFDR, with no sustainability-related objective disclosed, and carries a summary risk indicator of 6, consistent with the equity-like and illiquid nature of venture exposure. Data shown is as of 31 Aug 2026.