StepStone Micro Growth Equity Partners V LP is a private equity fund based in Owings Mills, Maryland. According to its most recent Form D, filed Jul 15, 2026, it has sold $38,950,000 of interests to 21 investors since its first sale in Aug 2025. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Lindsay Redfield; Adair Newhall; John Wuestling.
- Total raised
- $38,950,000Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Aug 7, 2025
- Minimum investment
- $10,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lindsay Redfield; Adair Newhall; John Wuestling
- Latest Form D
- Jul 15, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about StepStone Micro Growth Equity Partners V LP
What is the minimum investment for StepStone Micro Growth Equity Partners V LP?
According to its latest Form D, filed Jul 15, 2026, the minimum investment StepStone Micro Growth Equity Partners V LP accepts from an outside investor is $10,000.
Who can invest in StepStone Micro Growth Equity Partners V LP?
StepStone Micro Growth Equity Partners V LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has StepStone Micro Growth Equity Partners V LP raised?
StepStone Micro Growth Equity Partners V LP reports $38,950,000 sold from 21 investors on its Form D filed Jul 15, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is StepStone Micro Growth Equity Partners V LP based?
StepStone Micro Growth Equity Partners V LP is based in Owings Mills, Maryland.
When did StepStone Micro Growth Equity Partners V LP launch?
StepStone Micro Growth Equity Partners V LP reports its first sale in Aug 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 77% of the 162 private equity funds based in Maryland, and more than 60% of all 9,142 that report sales.
Other funds with the same team
- StepStone VC Secondaries Fund VII-M LP$1.0B
- StepStone VC Secondaries Fund VII-M (Cayman) LP$1.0B
- StepStone VC Global Partners XII (Lux) SCSp, SICAV-RAIF$834M
- StepStone VC Global Partners XII ND (Cayman) LP$834M
- StepStone VC Global Partners XII ND LP$834M
- StepStone VC Micro V LP$157M
- StepStone VC Early Stage III, L.P.$145M
- StepStone VC Wabash Fund LP$120M