# EDGAR Filing Document

**Accession Number:** 0002066799
**File Stem:** 0001193125-26-079936
**Filing Date:** 2026-2
**Character Count:** 55845
**Document Hash:** f33defbd489b997ae571d16e9ab13dae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-079936.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-079936

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** StepStone Private Equity Strategies Fund
- **CENTRAL INDEX KEY:** 0002066799

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24083
- **FILM NUMBER:** 26693759

**BUSINESS ADDRESS:**
- **STREET 1:** 128 S. TRYON STREET
- **STREET 2:** SUITE 1600
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202
- **BUSINESS PHONE:** 704-215-4300

**MAIL ADDRESS:**
- **STREET 1:** 128 S. TRYON STREET
- **STREET 2:** SUITE 1600
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** StepStone Private Equity Fund
- **DATE OF NAME CHANGE:** 20250502

## Nport-Ex

**StepStone Private Equity Strategies Fund**

Consolidated Schedule of Investments<br> December 31, 2025 (unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Asset Class** | **Acquisition Date** | **Cost** | **Fair Value** | **Footnotes** |
| **Co-Investments - Non-Controlled/Non-Affiliated - 6.9% of NAV** |  |  |  |  | 1234 |
| &nbsp;&nbsp;&nbsp;**North America - 6.2% of NAV** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ActiveProspect Five Elms, L.P. | Private Equity | 12/30/2025 | $17178667 | $17142858 | \*,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gator Co-Invest LI, L.P. | Private Equity | 10/21/2025 | 3268237 | 3227433 | \*,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gator Co-Invest VE, L.P. | Private Equity | 11/12/2025 | 11250000 | 11250000 | \*,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HS Sky LLC | Private Equity | 12/22/2025 | 44000000 | 44000000 | \*,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MDCP Co-Investors (Chicago-C), L.P. | Private Equity | 10/28/2025 | 9036545 | 9036545 | \*,5 |
| &nbsp;&nbsp;&nbsp;**Total North America** |  |  | $84733449 | $84656836 |  |
| &nbsp;&nbsp;&nbsp;**Rest of the World - 0.7% of NAV** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MC Accelerate Co-Invest Feeder LP | Private Equity | 09/26/2025 | $10017513 | $10000000 | \*,5 |
| &nbsp;&nbsp;&nbsp;**Total Rest of the World** |  |  | $10017513 | $10000000 |  |
| **Total Non-Controlled/Non-Affiliated Co-Investments** |  |  | $94750962 | $94656836 |  |
| **Secondary Investments - Non-Controlled/Non-Affiliated - 45.1% of NAV** |  |  |  |  | 1234 |
| &nbsp;&nbsp;&nbsp;**Europe - 3.9% of NAV** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advent International GPE VIII-B-3 Limited Partnership | Private Equity | 12/31/2025 | $2210268 | $2927881 | \*,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advent International GPE VIII-C Limited Partnership | Private Equity | 12/31/2025 | 559234 | 715971 | \*,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMK Capital Partners II LP | Private Equity | 12/31/2025 | 18092600 | 20741772 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Epiris Fund II (B) L.P. | Private Equity | 09/30/2025 | 3913637 | 5198357 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exponent Private Equity Partners III, LP | Private Equity | 09/30/2025 | 2305034 | 3349154 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Generali Lion River Fund XV SCSp | Private Equity | 11/20/2025 |  |  | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Generali Lion River Secondary Fund I SCSp | Private Equity | 11/20/2025 | 5995217 | 6884715 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MML Dorchester SCSp | Private Equity | 12/17/2025 | 6100267 | 6387371 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WSOF IV Feeder C.V. | Private Equity | 12/16/2025 | 6968186 | 7331327 | \*,⁺ |
| &nbsp;&nbsp;&nbsp;**Total Europe** |  |  | $46144443 | $53536548 |  |
| &nbsp;&nbsp;&nbsp;**North America - 40.8% of NAV** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aquiline Financial Services Fund IV L.P. | Private Equity | 10/01/2025 | $4346270 | $6015929 | ⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audax Private Equity Fund VI-B, L.P. | Private Equity | 12/31/2025 | 2464685 | 2948025 | \*,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CIVC Partners Fund VI, L.P. | Private Equity | 12/31/2025 | 8987321 | 10269364 | \*,⁺,7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CIVC Partners Fund VI-A, L.P. | Private Equity | 12/31/2025 | 1021441 | 1165469 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consonance Concord CF PV, L.P. | Private Equity | 11/19/2025 | 9387432 | 9301092 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Excellere Capital Fund II, L.P. | Private Equity | 09/30/2025 | 2120230 | 2409669 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Excellere Capital Fund III, L.P. | Private Equity | 09/30/2025 | 10519911 | 10083025 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frontier Continuation Fund V, L.P. | Private Equity | 11/20/2025 | 13610223 | 13451163 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FS Equity Partners IX, L.P. | Private Equity | 12/31/2025 | 1654200 | 1730773 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FS Equity Partners VIII, L.P. | Private Equity | 12/31/2025 | 27059666 | 29933304 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden Gate Capital Fund VII-A, L.P. | Private Equity | 12/31/2025 |  |  | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden Gate Capital Opportunity Fund-A, L.P. | Private Equity | 12/31/2025 | 39158042 | 53032211 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GrandBanks Capital Venture Fund II LP | Private Equity | 09/30/2025 | 909690 | 1098204 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Great Hill Equity Partners VI, L.P. | Private Equity | 12/31/2025 | 5477138 | 6170826 | \*,⁺,5,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Great Hill Equity Partners VI-A, L.P. | Private Equity | 12/31/2025 | 6511 | 15646 | \*,5,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Great Hill Equity Partners VII, L.P. | Private Equity | 12/31/2025 | 3850591 | 4377745 | \*,⁺,5,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Great Hill Equity Partners VII-A, L.P. | Private Equity | 12/31/2025 | 569958 | 673847 | \*,5,6 |

---

 

**StepStone Private Equity Strategies Fund**

Consolidated Schedule of Investments (continued)<br> December 31, 2025 (unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Asset Class** | **Acquisition Date** | **Cost** | **Fair Value** | **Footnotes** |
| **Secondary Investments - Non-Controlled/Non-Affiliated (continued)** |  |  | | |  |
| &nbsp;&nbsp;&nbsp;**North America (continued)** |  |  | | |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Great Hill Equity Partners VIII, L.P. | Private Equity | 12/31/2025 | $8806958 | $9930109 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GTCR Oak Fund LP | Private Equity | 12/16/2025 | 18679971 | 18544782 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H.I.G. Small-Cap & Growth Buyout Fund IV, L.P. | Private Equity | 12/31/2025 |  |  | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinderhook Capital Waste CV, L.P. | Private Equity | 10/21/2025 | 6005403 | 6176435 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KKR Health Care Strategic Growth Fund L.P. | Private Equity | 10/01/2025 | 3616124 | 3816197 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPS Special Situations Fund IV, LP | Private Equity | 09/30/2025 | 258916 | 862153 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPS Special Situations Fund V (A), LP | Private Equity | 09/30/2025 | 72011 | 208956 | ⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPS Special Situations Fund V, LP | Private Equity | 09/30/2025 | 554646 | 1598387 | ⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPS Special Situations Fund VI (A), LP | Private Equity | 09/30/2025 | 6730 | 18017 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPS Special Situations Fund VI, LP | Private Equity | 09/30/2025 | 58105 | 166492 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPS Special Situations Mid-Cap Fund II, LP | Private Equity | 09/30/2025 |  |  | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPS Special Situations Mid-Cap Fund, LP | Private Equity | 09/30/2025 | 327896 | 1229207 | ⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Linden Capital Partners IV-A LP | Private Equity | 09/30/2025 | 2751286 | 3363451 | ⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marlin Heritage, L.P. | Private Equity | 12/31/2025 | 2118378 | 2303272 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marlin Heritage II, L.P. | Private Equity | 12/31/2025 | 4776941 | 4502846 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marlin Heritage II-A, L.P. | Private Equity | 12/31/2025 | 1193982 | 1125364 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MiddleGround Partners II, L.P. | Private Equity | 12/31/2025 | 15548866 | 16644175 | \*,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monogram Capital Partners I, L.P. | Private Equity | 09/30/2025 | 3732972 | 3081207 | \*,⁺,7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monogram Capital Partners II, L.P. | Private Equity | 09/30/2025 | 2635587 | 2262434 | \*,⁺,5,7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monogram Capital Partners III PV, L.P. | Private Equity | 09/30/2025 | 3869620 | 3624970 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nautic Partners IX, L.P. | Private Equity | 12/31/2025 | 15042522 | 17734661 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nautic Partners X, L.P. | Private Equity | 12/31/2025 | 37194494 | 42571849 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nautic Partners XI, L.P. | Private Equity | 12/31/2025 | 7399065 | 7608033 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Odyssey Investment Partners Fund V, LP | Private Equity | 12/31/2025 | 1621470 | 1963443 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Odyssey Investment Partners Fund VI, LP | Private Equity | 12/31/2025 | 33975030 | 45438197 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Odyssey Investment Partners Fund VI-A, LP | Private Equity | 12/31/2025 | 1069729 | 1478035 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OCP North Fund Offshore LP | Private Equity | 09/30/2025 | 26250000 | 34939527 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PWP Growth Equity Fund I (B) LP | Private Equity | 09/30/2025 | 1138518 | 1476583 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PWP Growth Equity Fund II B LP | Private Equity | 09/30/2025 | 1306313 | 1991756 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rembrandt Venture Partners Fund Two, L.P. | Private Equity | 09/30/2025 | 958731 | 1047835 | \*,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Roark Capital Partners II Sidecar LP | Private Equity | 12/31/2025 | 3645852 | 3742461 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Roark Capital Partners V (TE) LP | Private Equity | 12/31/2025 | 5815515 | 6596008 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sterling Investment Partners XK Opportunities Fund-A, L.P. | Private Equity | 10/23/2025 | 12003890 | 11862335 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Partners Growth Equity Fund X-A, L.P. | Private Equity | 09/30/2025 | 9071463 | 10126568 | \*,⁺,7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Partners Growth Equity Fund X-B, L.P. | Private Equity | 09/30/2025 | 3628643 | 4095086 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Partners Growth Equity Fund XI-A, L.P. | Private Equity | 09/30/2025 | 19927741 | 21859423 | \*,⁺,6,7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Partners Growth Equity Fund XI-B, L.P. | Private Equity | 09/30/2025 | 2668993 | 2918584 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stone Point CV, L.P. | Private Equity | 10/29/2025 | 10151867 | 11115945 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TA XII-A, L.P. | Private Equity | 12/31/2025 | 4321120 | 5306546 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TA XII-B, L.P. | Private Equity | 12/31/2025 | 1448625 | 1774729 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TA XIII-A, L.P. | Private Equity | 12/31/2025 | 7597044 | 8751285 | \*,⁺,6 |

---

 

**StepStone Private Equity Strategies Fund**

Consolidated Schedule of Investments (continued)<br> December 31, 2025 (unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Asset Class** | **Acquisition Date** | **Cost** | **Fair Value** | **Footnotes** |
| **Secondary Investments - Non-Controlled/Non-Affiliated (continued)** |  |  | | |  |
| &nbsp;&nbsp;&nbsp;**North America (continued)** |  |  | | |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TA XIII-B, L.P. | Private Equity | 12/31/2025 | $845090 | $973335 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trive Capital Fund I (Offshore) LP | Private Equity | 09/30/2025 | 228236 | 292613 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trive Capital Fund II (Offshore) LP | Private Equity | 09/30/2025 | 1159778 | 1312334 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trive Capital Fund III-A LP | Private Equity | 09/30/2025 | 1070756 | 3126855 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSG9 L.P. | Private Equity | 12/31/2025 | 11241576 | 12144619 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSG9 Parallel L.P. | Private Equity | 12/31/2025 | 1226591 | 1337519 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Equity Endeavor Fund I-A, L.P. | Private Equity | 12/31/2025 | 7391087 | 9148579 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Equity Endeavor Fund II, L.P. | Private Equity | 12/31/2025 | 2767823 | 3631510 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Equity Endeavor Fund II-A, L.P. | Private Equity | 12/31/2025 | 7146112 | 9376657 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Equity Partners Fund V, L.P. | Private Equity | 12/31/2025 | 15314755 | 16099843 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Equity Partners Fund VII, L.P. | Private Equity | 12/31/2025 | 3545483 | 4577284 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Foundation Fund III-A, L.P. | Private Equity | 12/31/2025 | 9692997 | 12638793 | \*,⁺,6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warburg Pincus Financial Sector, L.P. | Private Equity | 09/30/2025 | 1983103 | 2275968 | \*,⁺,5 |
| **Total North America** |  |  | $476007713 | $553469544 |  |
| **Rest of World - 0.4% of NAV** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortissimo Capital Fund III (Cayman), L.P. | Private Equity | 09/30/2025 | $818204 | $1682959 | \*,⁺,5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortissimo Capital Fund IV, L.P. | Private Equity | 09/30/2025 | 2146379 | 3110796 | \*,⁺,5 |
| **Total Rest of World** |  |  | $2964583 | $4793755 |  |
| **Total Non-Controlled/Non-Affiliated Secondary Investments** |  |  | $525116739 | $611799847 |  |
| **Public Securities - Non-Controlled/Non-Affiliated - 0.9% of NAV** |  |  |  |  | 1234 |
| **North America - 0.9% of NAV** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Karman Holdings Inc. (169,868 common shares) | Public Securities | 09/30/2025 | $1353461 | $12429242 | \*,5,8 |
| **Total North America** |  |  | $1353461 | $12429242 |  |
| **Total Non-Controlled/Non-Affiliated Public Securities** |  |  | $1353461 | $12429242 |  |
| **Short-Term Investments - Non-Controlled/Non-Affiliated - 17.0% of NAV** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Investments Money Market Government |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Portfolio — Class I, 3.67% (230,625,239 shares) | Money Market | N/A | $230625239 | $230625239 | 910 |
| **Total Non-Controlled/Non-Affiliated Short-Term Investments** |  |  | $230625239 | $230625239 |  |
| **Total Non-Controlled/Non-Affiliated Investments - 69.9% of NAV** |  |  | $851846401 | $949511164 |  |
| **Other assets in excess of liabilities - 30.1% of NAV** |  |  |  | $408632451 |  |
| **Net Assets - 100.0% of NAV** |  |  |  | $1358143615 |  |

---

\* Investment is non-income producing.

⁺ Investment has been committed to but has not been fully funded.

1 Geographic region generally reflects the location of the investment manager or company.

2 Investments do not issue shares or hold outstanding principal, except where noted. The terms "shares" and "units" are used interchangeably.

---

| | |
|:---|:---|
| 3 | Private investments typically do not permit redemptions or withdrawals, except at the discretion of their general partner, manager, or advisor. Final distribution dates are generally unknown unless specified. These investments are fair valued using net asset value as the practical expedient, unless otherwise noted, and are usually acquired through private placements with contractual resale restrictions that do not lapse. Each investment may have been purchased on different dates and for varying amounts. The acquisition date of the first purchase is listed in the Consolidated Schedule of Investments. |

---

4 The fair value of any Secondary Investment, Primary Investment, or Co-Investment (together "Private Equity Assets") has not been calculated, reviewed, verified or in any way approved by any general partner, manager or advisor of such Private Equity Assets (including any of its affiliates).

5 All or a portion of this security is held by STPEX Subsidiary LLC.

6 All or a portion of this security is held by STPEX Cayman LLC.

 

**StepStone Private Equity Strategies Fund**

Consolidated Schedule of Investments (continued)<br> December 31, 2025 (unaudited)

7 All or a portion of this security is held by STPEX LLC.

8 Investments are subject to contractual resale restrictions and may not be sold or transferred until the lock-up period expires on July 20, 2026.

9 The audited financial statements of the investment can be found at sec.gov.

10 The rate reported is the 7-day effective yield at the period end.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** StepStone Private Equity Strategies Fund

- **b. Investment Company Act file number:** 811-24083

- **c. CIK number of Registrant:** 0002066799

- **d. LEI of Registrant:** 529900YY20IMB4XBOY44

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 128 S Tryon St., Suite 1600

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28202

  - **Telephone number:** 7042154300

**Item A.2. Information about the Series.**

- **a. Name of Series:** StepStone Private Equity Strategies Fund

- **c. LEI of Series:** 529900YY20IMB4XBOY44

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1502926608.24

**Total Liabilities:** $170904520.43

**Net Assets:** $1332022087.81

**Cash Not Reported:** $679612904.31

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.86%                | -0.19%               | 4.12%                |
| Class ID N/A | 0.86%                | -0.19%               | 4.15%                |
| Class ID N/A | 0.77%                | -0.29%               | 4.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $904510.55               | $5567501.13                                |
| Month 2  | $-19779.50               | $-2207212.44                               |
| Month 3  | $548168.75               | $52575666.90                               |

### Schedule of Portfolio Investments

| Name                                                             | Title                                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Summit Partners Growth Equity Fund X-A, L.P.                     | Summit Partners Growth Equity Fund X-A, L.P.                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $10126567.57  | 0.76%             |  |  |  | Yes           | N/A                | On Loan: No      |
| OCP North Fund Offshore LP                                       | OCP North Fund Offshore LP                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | CA        |         1 | OU      | $34939526.96  | 2.62%             |  |  |  | Yes           | N/A                | On Loan: No      |
| KPS Special Situations Fund V (A), LP                            | KPS Special Situations Fund V (A), LP                            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | CA        |         1 | OU      | $208955.68    | 0.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| KPS Special Situations Fund VI (A), LP                           | KPS Special Situations Fund VI (A), LP                           | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | CA        |         1 | OU      | $18017.47     | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MDCP Co-Investors (Chicago-C), L.P.                              | MDCP Co-Investors (Chicago-C), L.P.                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $9036545.00   | 0.68%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Kinderhook Capital Waste CV, L.P.                                | Kinderhook Capital Waste CV, L.P.                                | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $6176435.21   | 0.46%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Stone Point CV, L.P.                                             | Stone Point CV, L.P.                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $11115945.42  | 0.83%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Sterling Investment Partners XK Opportunities Fund-A, L.P.       | Sterling Investment Partners XK Opportunities Fund-A, L.P.       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $11862335.00  | 0.89%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Gator Co-Invest LI, L.P.                                         | Gator Co-Invest LI, L.P.                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $3227433.00   | 0.24%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Monogram Capital Partners III PV, L.P.                           | Monogram Capital Partners III PV, L.P.                           | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $3624969.70   | 0.27%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Gator Co-Invest VE, L.P.                                         | Gator Co-Invest VE, L.P.                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $11250000.00  | 0.84%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Fidelity Investments Money Market Government Portfolio - Class I | Fidelity Investments Money Market Government Portfolio - Class I | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |         0 | PA      | $0.01         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Karman Holdings Inc.                                             | Karman Holdings Inc.                                             | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169868 | NS      | $12429241.56  | 0.93%             |  |  |  | Yes           | 1                  | On Loan: No      |
| Great Hill Equity Partners VI, L.P.                              | Great Hill Equity Partners VI, L.P.                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $6170825.65   | 0.46%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Great Hill Equity Partners VII, L.P.                             | Great Hill Equity Partners VII, L.P.                             | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $4377745.31   | 0.33%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Great Hill Equity Partners VIII, L.P.                            | Great Hill Equity Partners VIII, L.P.                            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $9930108.68   | 0.75%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Vista Equity Partners Fund V, L.P.                               | Vista Equity Partners Fund V, L.P.                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $16099842.76  | 1.21%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Marlin Heritage II, L.P.                                         | Marlin Heritage II, L.P.                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $4502846.23   | 0.34%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Marlin Heritage II-A, L.P                                        | Marlin Heritage II-A, L.P                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $1125364.12   | 0.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Odyssey Investment Partners Fund VI-A, LP                        | Odyssey Investment Partners Fund VI-A, LP                        | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1478034.67   | 0.11%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Summit Partners Growth Equity Fund X-B, L.P.                     | Summit Partners Growth Equity Fund X-B, L.P.                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $2537139.59   | 0.19%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Summit Partners Growth Equity Fund XI-A, L.P.                    | Summit Partners Growth Equity Fund XI-A, L.P.                    | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $14362795.94  | 1.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Summit Partners Growth Equity Fund XI-B, L.P.                    | Summit Partners Growth Equity Fund XI-B, L.P.                    | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1595747.51   | 0.12%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TA XII-A, L.P.                                                   | TA XII-A, L.P.                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $5306546.42   | 0.40%             |  |  |  | Yes           | N/A                | On Loan: No      |
| KKR Health Care Strategic Growth Fund L.P.                       | KKR Health Care Strategic Growth Fund L.P.                       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $3816196.74   | 0.29%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Linden Capital Partners IV-A LP                                  | Linden Capital Partners IV-A LP                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $3363450.98   | 0.25%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Warburg Pincus Financial Sector, L.P.                            | Warburg Pincus Financial Sector, L.P.                            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $2275967.62   | 0.17%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Epiris Fund II (B) L.P.                                          | Epiris Fund II (B) L.P.                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | JE        |         1 | OU      | $5198357.28   | 0.39%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Exponent Private Equity Partners III, LP                         | Exponent Private Equity Partners III, LP                         | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | GB        |         1 | OU      | $3349153.55   | 0.25%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PWP Growth Equity Fund I (B) LP                                  | PWP Growth Equity Fund I (B) LP                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1476582.50   | 0.11%             |  |  |  | Yes           | N/A                | On Loan: No      |
| PWP Growth Equity Fund II B LP                                   | PWP Growth Equity Fund II B LP                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1991755.63   | 0.15%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Trive Capital Fund I (Offshore) LP                               | Trive Capital Fund I (Offshore) LP                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $292612.93    | 0.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Trive Capital Fund II (Offshore) LP                              | Trive Capital Fund II (Offshore) LP                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $1312334.31   | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Trive Capital Fund III-A LP                                      | Trive Capital Fund III-A LP                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $3126854.73   | 0.23%             |  |  |  | Yes           | N/A                | On Loan: No      |
| GrandBanks Capital Venture Fund II LP                            | GrandBanks Capital Venture Fund II LP                            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1098204.00   | 0.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Rembrandt Venture Partners Fund Two, L.P.                        | Rembrandt Venture Partners Fund Two, L.P.                        | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1047835.00   | 0.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Excellere Capital Fund II, L.P.                                  | Excellere Capital Fund II, L.P.                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $2409669.02   | 0.18%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Excellere Capital Fund III, L.P.                                 | Excellere Capital Fund III, L.P.                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $10083024.74  | 0.76%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Fortissimo Capital Fund III (Cayman), L.P.                       | Fortissimo Capital Fund III (Cayman), L.P.                       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $1682958.98   | 0.13%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Fortissimo Capital Fund IV, L.P.                                 | Fortissimo Capital Fund IV, L.P.                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $3110796.31   | 0.23%             |  |  |  | Yes           | N/A                | On Loan: No      |
| KPS Special Situations Fund IV, LP                               | KPS Special Situations Fund IV, LP                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | CA        |         1 | OU      | $862153.27    | 0.06%             |  |  |  | Yes           | N/A                | On Loan: No      |
| KPS Special Situations Mid-Cap Fund, LP                          | KPS Special Situations Mid-Cap Fund, LP                          | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | CA        |         1 | OU      | $1229207.05   | 0.09%             |  |  |  | Yes           | N/A                | On Loan: No      |
| KPS Special Situations Mid-Cap Fund II, LP                       | KPS Special Situations Mid-Cap Fund II, LP                       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | CA        |         1 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| KPS Special Situations Fund V, LP                                | KPS Special Situations Fund V, LP                                | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | CA        |         1 | OU      | $1598386.52   | 0.12%             |  |  |  | Yes           | N/A                | On Loan: No      |
| KPS Special Situations Fund VI, LP                               | KPS Special Situations Fund VI, LP                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | CA        |         1 | OU      | $166491.80    | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Summit Partners Growth Equity Fund XI-A, L.P.                    | Summit Partners Growth Equity Fund XI-A, L.P.                    | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $7496626.70   | 0.56%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Summit Partners Growth Equity Fund XI-B, L.P.                    | Summit Partners Growth Equity Fund XI-B, L.P.                    | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1322836.31   | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Summit Partners Growth Equity Fund X-B, L.P.                     | Summit Partners Growth Equity Fund X-B, L.P.                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $1557946.71   | 0.12%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TSG9 L.P.                                                        | TSG9 L.P.                                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $12144618.75  | 0.91%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TSG9 Parallel L.P.                                               | TSG9 Parallel L.P.                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $1337519.27   | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Audax Private Equity Fund VI-B, L.P.                             | Audax Private Equity Fund VI-B, L.P.                             | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $2948024.83   | 0.22%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FS Equity Partners IX, L.P.                                      | FS Equity Partners IX, L.P.                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1730773.31   | 0.13%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FS Equity Partners VIII, L.P.                                    | FS Equity Partners VIII, L.P.                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $29933304.34  | 2.25%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Nautic Partners IX, L.P.                                         | Nautic Partners IX, L.P.                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $17734661.34  | 1.33%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Nautic Partners X, L.P.                                          | Nautic Partners X, L.P.                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $42571849.48  | 3.20%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Nautic Partners XI, L.P.                                         | Nautic Partners XI, L.P.                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $7608033.10   | 0.57%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Odyssey Investment Partners Fund V, LP                           | Odyssey Investment Partners Fund V, LP                           | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1963443.03   | 0.15%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Roark Capital Partners II Sidecar LP                             | Roark Capital Partners II Sidecar LP                             | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $3742460.62   | 0.28%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Roark Capital Partners V (TE) LP                                 | Roark Capital Partners V (TE) LP                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $6596008.35   | 0.50%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Golden Gate Capital Opportunity Fund-A, L.P.                     | Golden Gate Capital Opportunity Fund-A, L.P.                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $41834991.70  | 3.14%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Golden Gate Capital Opportunity Fund-A, L.P.                     | Golden Gate Capital Opportunity Fund-A, L.P.                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $9918212.57   | 0.74%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Golden Gate Capital Opportunity Fund-A, L.P.                     | Golden Gate Capital Opportunity Fund-A, L.P.                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $1279006.38   | 0.10%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Consonance Concord CF PV, L.P.                                   | Consonance Concord CF PV, L.P.                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $9301092.00   | 0.70%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Generali Lion River Secondary Fund I SCSp                        | Generali Lion River Secondary Fund I SCSp                        | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | LU        |         1 | OU      | $6884715.10   | 0.52%             |  |  |  | Yes           | N/A                | On Loan: No      |
| WSOF IV Feeder C.V.                                              | WSOF IV Feeder C.V.                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | NL        |         1 | OU      | $7331326.84   | 0.55%             |  |  |  | Yes           | N/A                | On Loan: No      |
| GTCR Oak Fund LP                                                 | GTCR Oak Fund LP                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $18544782.00  | 1.39%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Vista Equity Endeavor Fund II-A, L.P.                            | Vista Equity Endeavor Fund II-A, L.P.                            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $9376656.96   | 0.70%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Vista Equity Endeavor Fund II, L.P.                              | Vista Equity Endeavor Fund II, L.P.                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $3631510.47   | 0.27%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Vista Equity Endeavor Fund I-A, L.P.                             | Vista Equity Endeavor Fund I-A, L.P.                             | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $9148579.39   | 0.69%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Advent International GPE VIII-C Limited Partnership              | Advent International GPE VIII-C Limited Partnership              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | LU        |         1 | OU      | $715971.01    | 0.05%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Frontier Continuation Fund V, L.P.                               | Frontier Continuation Fund V, L.P.                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $13451162.79  | 1.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MML Dorchester SCSp                                              | MML Dorchester SCSp                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | LU        |         1 | OU      | $6387371.38   | 0.48%             |  |  |  | Yes           | N/A                | On Loan: No      |
| HS Sky LLC                                                       | HS Sky LLC                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | BM        |         1 | OU      | $44000000.00  | 3.30%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Advent International GPE VIII-B-3 Limited Partnership            | Advent International GPE VIII-B-3 Limited Partnership            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | LU        |         1 | OU      | $2927881.40   | 0.22%             |  |  |  | Yes           | N/A                | On Loan: No      |
| EMK Capital Partners II LP                                       | EMK Capital Partners II LP                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | JE        |         1 | OU      | $20741772.00  | 1.56%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Great Hill Equity Partners VI-A, L.P.                            | Great Hill Equity Partners VI-A, L.P.                            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $15646.27     | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Great Hill Equity Partners VII-A, L.P.                           | Great Hill Equity Partners VII-A, L.P.                           | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $673847.27    | 0.05%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Marlin Heritage, L.P.                                            | Marlin Heritage, L.P.                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $2303271.95   | 0.17%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MiddleGround Partners II, L.P.                                   | MiddleGround Partners II, L.P.                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $16644174.96  | 1.25%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TA XIII-A, L.P.                                                  | TA XIII-A, L.P.                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $8751285.31   | 0.66%             |  |  |  | Yes           | N/A                | On Loan: No      |
| CIVC Partners Fund VI-A, L.P.                                    | CIVC Partners Fund VI-A, L.P.                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1165469.27   | 0.09%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TA XII-B, L.P.                                                   | TA XII-B, L.P.                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $1774729.31   | 0.13%             |  |  |  | Yes           | N/A                | On Loan: No      |
| TA XIII-B, L.P.                                                  | TA XIII-B, L.P.                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $973335.30    | 0.07%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Odyssey Investment Partners Fund VI, LP                          | Odyssey Investment Partners Fund VI, LP                          | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $31742085.79  | 2.38%             |  |  |  | Yes           | N/A                | On Loan: No      |
| CIVC Partners Fund VI, L.P.                                      | CIVC Partners Fund VI, L.P.                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $10269363.81  | 0.77%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Odyssey Investment Partners Fund VI, LP                          | Odyssey Investment Partners Fund VI, LP                          | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $13696110.89  | 1.03%             |  |  |  | Yes           | N/A                | On Loan: No      |
| ActiveProspect Five Elms, L.P.                                   | ActiveProspect Five Elms, L.P.                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $17142857.00  | 1.29%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Vista Equity Partners Fund VII, L.P.                             | Vista Equity Partners Fund VII, L.P.                             | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $4577284.23   | 0.34%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Vista Foundation Fund III-A, L.P.                                | Vista Foundation Fund III-A, L.P.                                | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $12638793.01  | 0.95%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Aquiline Financial Services Fund IV L.P.                         | Aquiline Financial Services Fund IV L.P.                         | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $6015928.57   | 0.45%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Monogram Capital Partners I, L.P.                                | Monogram Capital Partners I, L.P.                                | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $3081206.61   | 0.23%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Monogram Capital Partners II, L.P.                               | Monogram Capital Partners II, L.P.                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $188597.33    | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| MC Accelerate Co-Invest Feeder LP                                | MC Accelerate Co-Invest Feeder LP                                | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $10000000.00  | 0.75%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Monogram Capital Partners II, L.P.                               | Monogram Capital Partners II, L.P.                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $2073836.99   | 0.16%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Golden Gate Capital Fund VII-A, L.P.                             | Golden Gate Capital Fund VII-A, L.P.                             | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | KY        |         1 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| H.I.G. Small-Cap & Growth Buyout Fund IV, L.P.                   | H.I.G. Small-Cap & Growth Buyout Fund IV, L.P.                   | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Generali Lion River Fund XV SCSp                                 | Generali Lion River Fund XV SCSp                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | LU        |         1 | OU      | $0.00         | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-02-11

**Name of Applicant:** StepStone Private Equity Strategies Fund

**Signature:** /s/ Kimberly Zeitvogel

**Name of Signer:** Kimberly Zeitvogel

**Title:** Treasurer and Principal Financial Officer