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Latham & Watkins Advises StepStone Group on US$1.7 Billion Secondaries Infrastructure Fundraise

August 26, 2026
Multidisciplinary Investment Funds team represented the global private markets firm in its first closed-ended commingled fund dedicated to infrastructure secondaries.

StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, announced that it has closed on US$1.7 billion of commitments for StepStone Secondaries Infrastructure Fund and related separate accounts. 

Latham & Watkins LLP represented StepStone Group in the fund formation with a cross-border investment funds team led by Washington, D.C. partner Amy Rigdon and London partner Clare Scott, with associates Dylan Carroll, Nicholas Blake, and Ann Johnson. Advice was provided on tax matters by New York partner Gregory Hannibal, with associate Nicholas Sun and with assistance from George Yu; on fund regulatory matters by Washington, D.C. partner Aaron Gilbride, with associate Haley Hohensee; and on EU sustainability regulatory matters by London counsel Anne Mainwaring, with associate Jaime Martin. 

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