Stepstone Tactical Growth Fund III, L.P.
4 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, San Diego City Employees' Retirement System as of 31 Mar 2026, shows $45M committed and net IRR 8.9%, 1.32x (the LP's own figures).
A named LP and its own performance figures are the strongest outside read on a fund.
FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
Amounts, each with its basis
- Vintage
- 2021basis: adv first reported
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- unknownwhat may be sold, not what was raised
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- $474Mon the Form ADV filed Jul 30, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 414
- Reported on ADV
- Jun 30, 2021 to Jul 30, 2024
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Lifecycle
Mature
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jun 30, 2021 | Private Equity Fund | $214M | 32 | $100,000 | 40% | yes | |
| Jun 30, 2021 | Private Equity Fund | $214M | 32 | $100,000 | 40% | yes | |
| Oct 20, 2021 | Private Equity Fund | $214M | 32 | $100,000 | 40% | yes | |
| Oct 20, 2021 | Private Equity Fund | $214M | 32 | $100,000 | 40% | yes | |
| Jun 28, 2022 | Private Equity Fund | $497M | 414 | $100,000 | 21% | yes | |
| May 4, 2023 | Private Equity Fund | $497M | 414 | $100,000 | 21% | yes | |
| May 4, 2023 | Private Equity Fund | $497M | 414 | $100,000 | 21% | yes | |
| Jun 29, 2023 | Private Equity Fund | $444M | 414 | $100,000 | 21% | yes | |
| Sep 11, 2023 | Private Equity Fund | $444M | 414 | $100,000 | 21% | yes | |
| Jan 18, 2024 | Private Equity Fund | $444M | 414 | $100,000 | 21% | yes | |
| Jan 25, 2024 | Private Equity Fund | $444M | 414 | $100,000 | 21% | yes | |
| Jun 28, 2024 | Private Equity Fund | $474M | 414 | $100,000 | 21% | yes | |
| Jul 30, 2024 | Private Equity Fund | $474M | 414 | $100,000 | 21% | yes |
Principals and agents
Service providers
- AuditorEY · NEW YORK, New York, United StatesForm ADV filed Jul 30, 2026 reports.adviserinfo.sec.gov
- AdministratorApex Group · NEW YORK, New York, United StatesForm ADV filed Jul 30, 2026 reports.adviserinfo.sec.gov
- CustodianBank of America · NEW YORK, New York, United StatesForm ADV filed Jul 30, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| San Diego City Employees' Retirement System content.sdcers.gov | 2020 | $45.0M | $43.8M | $12.9M | $45.1M | 8.9% | 1.3x | Mar 31, 2026 |
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| San Diego City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | $45.0M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
Investments attributed to this vehicle
Timeline
- Mar 31, 2026SDCERS reports StepStone Tactical Growth Fund III, L.P.: $45,000,000 committed, vintage 2020, net IRR 8.9%, 1.32xLP commitment disclosed Fact Pension disclosure
- Jun 30, 2021Stepstone Tactical Growth Fund III, L.P. first reported on Form ADV by Stepstone Group LP (Private Equity Fund), GAV $213,925,770Fund first reported on Form ADV Fact Form ADV
Evidence
Every observation on this vehicle
Relationships across DFX
on 3 other DFX graphs · 4 capital paths
Stepstone Tactical Growth Fund III, L.P. is the same institution as 3 records in Allocators, Private Equity and RIA and Wealth.
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Stepstone Tactical Growth Fund III, L.P. sits on 4 traced paths of capital across the graphs.
DFX traced 4 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
- Event retracted2026-10-01
- LP commitment disclosed2026-03-31source on record
- Fund first reported on ADV2021-06-30source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.