Company research
Stepstone Private Credit Fund LLC
CIK 1950803
Filing activity
Latest filing
27 filings on record · 10-Q, SC TO-I, SC TO-I/A, 8-K, D/A, APP NTC.
Recent filings
10-Q filing
SC TO-I - filed by Stepstone Private Credit Fund LLC regarding Stepstone Private Credit Fund LLC
SC TO-I/A - filed by Stepstone Private Credit Fund LLC regarding Stepstone Private Credit Fund LLC
Unregistered Sales of Equity Securities · Other Events
Items 3.02, 8.01, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Show 5 more recent filings
Unregistered Sales of Equity Securities · Other Events
Items 3.02, 8.01, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Unregistered Sales of Equity Securities · Other Events
Items 3.02, 8.01, 9.01
10-Q filing
SC TO-I - filed by Stepstone Private Credit Fund LLC regarding Stepstone Private Credit Fund LLC
Financials
FY 2025 · USDSource
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 3,198,869,000Source | 1,613,789,378Source | 591,072,027Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 1,875,772Source | 5,160,185Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 1,334,402,000Source | 697,404,084Source | 257,687,897Source |
| Stockholders’ equity: | |||
| Common Stock, Value, IssuedUSD | 1,870,093,000Source | 915,356,301Source | 333,712,935Source |
| Retained Earnings (Accumulated Deficit)USD | -5,626,000Source | 1,028,993Source | -328,805Source |
| Stockholders' Equity Attributable to ParentUSD | 1,864,467,000Source | 916,385,294Source | 333,384,130Source |
| Liabilities and EquityUSD | 3,198,869,000Source | 1,613,789,378Source | 591,072,027Source |
| Additional Financial Items | |||
| Dividends PayableUSD | — | — | 8,417,682Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,310,119,000Source | -924,991,812Source | — |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,448,669,000Source | 937,312,144Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 169,794,000Source | 31,244,128Source | 18,923,796Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 60,287,000Source | 32,453,165Source | — |
| Additional Financial Items | |||
| Amortization of Debt Issuance Costs and DiscountsUSD | 2,724,000Source | 1,630,631Source | — |
| Dividends PayableUSD | — | — | 8,417,682Source |
| General and Administrative ExpenseUSD | 2,939,000Source | 1,825,252Source | — |
| InterestIncomeOperatingPaidInKindUSD | 2,553,000Source | 1,270,243Source | — |
| InvestmentCompanyDistributionOrdinaryIncomeUSD | 137,316,000Source | 64,916,343Source | — |
| Net Income (Loss) Attributable to ParentUSD | 130,661,000Source | 66,274,141Source | — |
| Operating ExpensesUSD | 103,628,000Source | 54,394,409Source | — |
| Payments to Acquire InvestmentsUSD | 1,818,473,000Source | 1,200,000,000Source | — |
| Proceeds from Issuance of Common StockUSD | 908,229,000Source | 556,940,654Source | — |
| Unrealized Gain (Loss) on InvestmentsUSD | -2,396,000Source | 3,508,407Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Net Income (Loss) Attributable to ParentUSD | 130,661,000Source | 66,274,141Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 52,017,934Source | 23,335,474Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | 23,335,474Source |
| Additional Financial Items | ||
| General and Administrative ExpenseUSD | 2,939,000Source | 1,825,252Source |
| Interest ExpenseUSD | 68,615,000Source | 36,071,806Source |
| InterestExpenseOperatingUSD | 68,615,000Source | 36,071,806Source |
| Interest Income (Expense), NetUSD | 480,000Source | — |
| Interest Income, OperatingUSD | 233,021,000Source | 117,507,978Source |
| InterestIncomeOperatingPaidInKindUSD | 2,553,000Source | 1,270,243Source |
| InvestmentIncomeOperatingAfterExpenseAndTaxUSD | 133,057,000Source | 62,765,734Source |
| Management Fee ExpenseUSD | 13,533,000Source | 6,091,441Source |
| Net Investment IncomeUSD | 133,057,000Source | 62,765,734Source |
| Operating ExpensesUSD | 103,628,000Source | 54,394,409Source |
| Other ExpensesUSD | 3,294,000Source | 2,281,212Source |