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StepStone Private Credit Fund LLC Secures $1 Billion Credit Facility

PRIVATEOct 15, 2026

Amount Raised

$1 Billion

Round Type

Funding Round

Financial ServicesFinanceLending

Investors

Umb Bank, National AssociationWells Fargo Bank, National Association

Description

StepStone Private Credit Fund LLC has entered into a major amendment to its existing loan agreement, significantly increasing its credit facility to $1.0 billion. The revised agreement also includes an option to extend commitments up to $1.5 billion. This financial support will enhance the company's capacity to pursue investment opportunities in the private credit market. The maturity date of the facility has been extended to October 2031.

Company Information

Company

StepStone Private Credit Fund

About

StepStone Private Credit Fund LLC is a special purpose investment vehicle that focuses on private credit investments. The fund aims to deliver attractive risk-adjusted returns through a diversified credit portfolio. It operates through various entities, including special purpose subsidiaries. The company is strategically positioned to capitalize on evolving market opportunities in private credit.

Fundz sees it the moment StepStone Private Credit Fund raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for StepStone Private Credit Fund's next move

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StepStone Private Credit Fund raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.