STEPSTONE GROUP REAL ESTATE LP
Real estate private fund disclosures for an investment manager based in LA JOLLA, CA. Latest included filing submitted 2026-07-30.
What the filing shows
STEPSTONE GROUP REAL ESTATE LP reports 30 U.S.-organized real estate funds and 59 real estate funds across all reported jurisdictions. 52 are marked as fund-of-funds.
Positive minimum commitments reported across these funds range from $0 thousand to $1.0 billion. That figure is what a fund reports routinely requiring from outside fund investors. It is not the manager's property investment check size.
Reported real estate funds
Sorted by gross asset value. Gross assets are reported by the manager and can overlap across master, feeder, parallel, and related fund structures.
| Fund | Organized | Gross assets | Investor minimum | Owners | Annual audit |
|---|---|---|---|---|---|
| STEPSTONE REAL ESTATE PARTNERS V QFP, LP805-4297885070 · Fund-of-funds | Delaware | $1.9 billion | $5.0 million | 16 | Yes |
| SUNSTONE REAL ESTATE, LP805-5395133791 · Fund-of-funds | Delaware | $1.4 billion | $455 million | 2 | Yes |
| STEPSTONE K REAL ESTATE CO-INVESTMENT FUND II , LP805-1261095333 · Fund-of-funds | Cayman Islands | $1.1 billion | $1.0 billion | 2 | Yes |
| STEPSTONE REAL ESTATE PARTNERS IV PARALLEL, LP805-6703063611 · Fund-of-funds | Delaware | $993 million | $5.0 million | 15 | Yes |
| STEPSTONE REAL ESTATE PARTNERS V 892, LP805-2260691391 · Fund-of-funds | Delaware | $983 million | $44.0 million | 6 | Yes |
| STEPSTONE REAL ESTATE PARTNERS V EUROPE SCS805-1226943341 · Fund-of-funds | Luxembourg | $879 million | $265 thousand | 77 | Yes |
| STEPSTONE K REAL ESTATE CO-INVESTMENT FUND, LP805-3143737623 · Fund-of-funds | Cayman Islands | $770 million | $1.0 billion | 3 | Yes |
| STEPSTONE REAL ESTATE EUROPE CO-INVESTMENTS HOLDINGS II805-2556337530 · Master · Fund-of-funds | Cayman Islands | $719 million | $216 million | 2 | Yes |
| SREP V SALUD (CIV) LP805-1877519578 · Fund-of-funds | Cayman Islands | $600 million | $2.2 million | 15 | Yes |
| STEPSTONE REAL ESTATE PARTNERS V, LP805-5127904642 · Fund-of-funds | Delaware | $587 million | $250 thousand | 88 | Yes |
| STEPSTONE PIFSS REAL ESTATE CO-INVESTMENT FUND II, LP805-2577078605 · Fund-of-funds | Cayman Islands | $478 million | $500 million | 3 | Yes |
| JUNIVERSITAS REAL ESTATE DIVERSIFIED FUND, LP805-6752090360 · Fund-of-funds | Cayman Islands | $467 million | $150 thousand | 3 | Yes |
| NFU MUTUAL GLOBAL REAL ESTATE, L.P.805-1245816050 · Fund-of-funds | Delaware | $418 million | $401 million | 2 | Yes |
| STEPSTONE REAL ESTATE EUROPE CO-INVESTMENTS HOLDINGS, LP805-5177847400 · Master · Fund-of-funds | Cayman Islands | $393 million | $441 million | 1 | Yes |
| STEPSTONE PIFSS REAL ESTATE CO-INVESTMENT FUND, LP805-8675086187 · Fund-of-funds | Cayman Islands | $381 million | $500 million | 2 | Yes |
| SREP V ALPHA INVESTCO BLOCKED (CIV), LP805-5984330375 | Cayman Islands | $352 million | $1.2 million | 7 | Yes |
| STEPSTONE REAL ESTATE PARTNERS IV EUROPE SCS805-5419542515 · Fund-of-funds | Luxembourg | $350 million | $250 thousand | 29 | Yes |
| STEPSTONE BVK REAL ESTATE OPPORTUNITIES FUND SCSP805-5720155501 · Fund-of-funds | Luxembourg | $312 million | $325 million | 3 | Yes |
| STEPSTONE GAMMA REAL ESTATE CO-INVESTMENT PARTNERSHIP LP805-8006568078 · Fund-of-funds | Delaware | $293 million | $250 million | 2 | Yes |
| STEPSTONE REAL ESTATE PARTNERS III I OPPORTUNITIES FUND, LP805-1677832839 · Fund-of-funds | Delaware | $292 million | $250 million | 3 | Yes |
| STEPSTONE REAL ESTATE INSURANCE FUND SERIES OF THE SALI MULTI-SERIES FUND, L.P.805-6240524688 · Fund-of-funds | Delaware | $285 million | $250 million | 1 | Yes |
| ARTISTIC STEPS SMA LLC805-3754276787 · Fund-of-funds | Delaware | $242 million | Not reported | 1 | Yes |
| SREP V ALPHA INVESTCO (CIV), LP805-2216884274 | Cayman Islands | $242 million | $255 thousand | 11 | Yes |
| STEPSTONE T REAL ESTATE OPPORTUNITIES FUND, L.P.805-7814751363 · Fund-of-funds | Cayman Islands | $209 million | $153 million | 2 | Yes |
| STEPSTONE HB OPPORTUNITIES FUND II, L.P.805-9253363042 · Fund-of-funds | Cayman Islands | $200 million | $140 million | 2 | Yes |
| ARTISTIC STEPS INVESTMENTS SMA II, LLC805-8625075651 · Fund-of-funds | Delaware | $195 million | Not reported | 1 | Yes |
| SRE IV IGNITE INVESTCO (CIV), LP805-4395208311 | Cayman Islands | $194 million | Not reported | 6 | Yes |
| STEPSTONE REAL ESTATE PARTNERS V SIDECAR 892 PARALLEL, L.P.805-2932591019 · Fund-of-funds | Delaware | $183 million | $150 million | 2 | Yes |
| STEPSTONE A REAL ESTATE CO-INVESTMENT PARTNERSHIP, L.P.805-1894823095 · Fund-of-funds | Delaware | $167 million | $150 million | 2 | Yes |
| STEPSTONE HB REAL ESTATE OPPORTUNITIES FUND, L.P.805-7673599470 · Fund-of-funds | Cayman Islands | $163 million | $200 million | 3 | Yes |
| SSG Z GLOBAL PROPERTY FUND, L.P.805-5040461465 · Fund-of-funds | Cayman Islands | $155 million | $153 million | 2 | Yes |
| STEPSTONE REAL ESTATE PARTNERS IV, LP805-9667355475 · Fund-of-funds | Delaware | $133 million | $300 thousand | 33 | Yes |
| SREP V ALPHA EMERALD FEEDER, LP805-2138487897 · Fund-of-funds | Cayman Islands | $131 million | $93.5 million | 2 | Yes |
| HEATHROW FOREST REAL ESTATE OPPORTUNITIES FUND, L.P.805-1170445581 · Fund-of-funds | Delaware | $126 million | $120 million | 3 | Yes |
| SRE IV IGNITE INVESTCO, LP805-8303305359 | Cayman Islands | $101 million | Not reported | 3 | Yes |
| LEXINGTON C/RE, LLC805-7966385873 · Fund-of-funds | Delaware | $83.5 million | $49.1 million | 1 | Yes |
| STEPSTONE SRA CO-INVESTMENT PARTNERSHIP, L.P.805-7095106686 · Fund-of-funds | Delaware | $59.3 million | $50.0 million | 2 | Yes |
| SRE COLT OPCO INVESTCO, LP805-3741835001 · Fund-of-funds | Delaware | $56.8 million | $11.9 million | 8 | Yes |
| SSG ME REAL ESTATE OPPORTUNITIES FUND, L.P.805-4723999738 · Fund-of-funds | Cayman Islands | $53.1 million | $50.0 million | 2 | Yes |
| STEPSTONE KU CO-INVESTMENT PARTNERSHIP LP805-2022472768 · Fund-of-funds | Delaware | $49.7 million | $50.0 million | 2 | Yes |
19 additional reported funds are omitted from this table to keep the profile readable. The totals above include them.
Source and limits
Source: SEC Investment Adviser Public Disclosure, Form ADV. Firm status checked 2026-08-20. Fund detail through 2026-07-31. CRD 281698, SEC 801-106835.
Form ADV is a regulatory disclosure, not a live deal mandate. It does not report property type, target geography, current fundraising status, available capital, or whether a manager accepts unsolicited proposals. Contact the firm and review current offering documents before relying on any figure.
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