StepStone Closes Credit Opportunities Fund II with $1.58B

StepStone Group Inc. announced the final closing of its StepStone Credit Opportunities Fund II (SCOF II) with over $1.58 billion in commitments, significantly surpassing its $750 million target. The fund, which held its final close on March 31, 2026, will invest in various private credit strategies, primarily through secondaries and co-investment transactions. This successful closing reflects strong investor demand for flexible credit strategies and confidence in StepStone's private debt platform.