MS Capital Partners Adviser Inc. manages pooled investment vehicles, including a portfolio for the Fund. The Fund aims for long-term returns by investing mainly in privately negotiated debt for corporate issuers. MS Capital Partners focuses on senior secured credit investments in U.S. middle-market companies with strong market positions and proven management. StepStone Group Europe Alternative Investments Limited has appointed MS Capital Partners as sub-advisor to the Portfolio and delegated certain investment management services related to the Portfolio to the Adviser.
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.50% |
Management fee is 0.50% per annum of the previous month-end net asset value. The Adviser also receives a performance-related fee.