Conversus’ inaugural fund, Conversus StepStone Private Markets (CPRIM), has surpassed $500 million of assets under management (AUM).
CPRIM, which offers accredited investors diversified, global exposure to the major private market asset classes—private equity, real assets, including infrastructure and real estate, and private debt—in a single investment, was launched on 1 October, 2020, achieving this AUM milestone within 18 months.
Conversus acts as adviser to CPRIM and is a wholly owned business of StepStone Group LP (StepStone), which acts as sub-adviser.