Sunstone Real Estate, LP
Real Estate FundFund ID 805-5395133791Delaware, United States
Gross assets
$1.39B
Min. investment
$455M
Beneficial owners
2
Size rank
Top 5%
Audited
Yes
Structure
Standalone
About this fund
Sunstone Real Estate, LP is a real estate fund managed by Stepstone Group Real Estate LP. The fund reports $1.4 billion in gross assets, placing it among the top 5% of private funds by size. The stated minimum investment is $455 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 ID | 805-5395133791 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Stepstone Real Estate Partners V Qfp, LP | Real Estate | $1.86B |
| Stepstone K Real Estate Co-Investment Fund II , LP | Real Estate | $1.05B |
| Stepstone Real Estate Partners IV Parallel, LP | Real Estate | $992.5M |
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Join to unlock · $37/moFrequently asked questions
How large is Sunstone Real Estate, LP?
Sunstone Real Estate, LP reports $1.4 billion in gross assets, among the top 5% of private funds by size.
What is the minimum investment for Sunstone Real Estate, LP?
The stated minimum investment is $455 million.
Who manages Sunstone Real Estate, LP?
Sunstone Real Estate, LP is managed by Stepstone Group Real Estate LP.
Does Sunstone Real Estate, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
S
La Jolla, CA
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Reported gross assets
$1.39B▲ 169%
Jun '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 5%
Larger than 95% of 67,041 private funds
Gross assets vs Real Estate FundsTop 3%
Larger than 97% of 5,814 real estate funds
Minimum investmentTop 1%
Higher than 99% of funds reporting a minimum
Investor base
Adviser & related persons%
Funds of funds%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.