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Stepstone Real Estate Partners IV Parallel, LP

Real Estate FundFund ID 805-6703063611Delaware, United States
Gross assets
$992.5M
Min. investment
$5M
Beneficial owners
15
Size rank
Top 8%
Audited
Yes
Structure
Standalone

About this fund

Stepstone Real Estate Partners IV Parallel, LP is a real estate fund managed by Stepstone Group Real Estate LP. The fund reports $992.5 million in gross assets, placing it among the top 8% of private funds by size. The stated minimum investment is $5 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-6703063611
Fund typeReal Estate Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationNo
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Stepstone Real Estate Partners V Qfp, LPReal Estate$1.86B
Sunstone Real Estate, LPReal Estate$1.39B
Stepstone K Real Estate Co-Investment Fund II , LPReal Estate$1.05B
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Frequently asked questions

How large is Stepstone Real Estate Partners IV Parallel, LP?

Stepstone Real Estate Partners IV Parallel, LP reports $992.5 million in gross assets, among the top 8% of private funds by size.

What is the minimum investment for Stepstone Real Estate Partners IV Parallel, LP?

The stated minimum investment is $5 million.

Who manages Stepstone Real Estate Partners IV Parallel, LP?

Stepstone Real Estate Partners IV Parallel, LP is managed by Stepstone Group Real Estate LP.

Does Stepstone Real Estate Partners IV Parallel, LP disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
None reported
Administrator
Marketer

Reported gross assets

$992.5M▲ 28%
Jun '25 — $778.3MJul '25 — $778.3MAug '25 — $778.3MSep '25 — $778.3MOct '25 — $778.3MNov '25 — $778.3MDec '25 — $778.3MJan '26 — $778.3MFeb '26 — $778.3MMar '26 — $778.3MApr '26 — $778.3MMay '26 — $778.3MJun '26 — $992.5M
Jun '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 8%
Larger than 92% of 67,041 private funds
Gross assets vs Real Estate FundsTop 5%
Larger than 95% of 5,814 real estate funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum

Investor base

Adviser & related persons3%
Funds of funds3%
Non-U.S. persons79%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.