Stepstone Group LP (10% owner) purchased 265,567 shares in 2 tranches for $2,999,999.98
Stepstone Group LP, a 10% owner of StepStone Private Infrastructure Fund (STRUX), executed 2 separate purchases totaling 265,567 shares for $2,999,999.98 over a span of nearly four months, with a blended average price of $11.30. The first purchase of 50,050 shares at $9.99 on 2023-09-28 ($500,000.00) was followed by a substantially larger purchase of 215,517 shares at $11.60 on 2024-01-10 ($2,499,999.98). This substantial capital deployment by a major shareholder—approximately $3.0M invested—suggests conviction in the fund's value at these price levels. The post-transaction holdings stand at 2,014 shares, indicating the insider previously held a net short position of -263,553 shares that has now been converted to a modest long position through these purchases.