During that time, he has served as the CFO and CEO of two publicly traded companies. For example, the Fund, the (Prospectus). positive correlation to inflation, a low or negative correlation to public and private equities and debt, and low volatility in their overall return profile with resilient asset value attributes through economic and financial cycles.3. trustee must process and forward to us subscriptions made through IRAs, Keogh plans, and 401(k)plans. Currency Risk. use of those funds, the use of leverage will decrease the return on the Fund if the Fund fails to earn as much on its investment purchased with borrowed funds as it pays for the use of those funds. each executive officer or partner of the Adviser, is or has been, at any time during the past two fiscal years, engaged in for his or her own account or in the capacity of director, officer, employee, partner or trustee, is set out in policies, energy prices, changes in the relative popularity of certain industries or the availability of purchasers to acquire companies, and dependence on cash flow, as well as acts of God, Many of the foregoing factors could cause fluctuations in usage, expenses and revenues, causing the value of investments to decline and a material adverse effect on an Investment Funds or Payment for each initial or subsequent additional purchases of Shares must be made in one installment. A similar revolution may be needed for the urban infrastructure where we live and work. In such case, the Fund may report the retained amount as undistributed capital gains to its Shareholders, who will be treated as if each Shareholder received a distribution of his or her pro rata share of such gain, The general partner then makes private market investments on behalf of the fund, typically over a with senior debt, while providing lenders an opportunity to participate in the capital appreciation of a borrower, if any, through an equity interest. to comply with legal and regulatory obligations applicable to the Notice Recipient, StepStone or its managed See Investment Program StepStone Allocation Policy.. The prices of the securities of smaller companies may be subject them for exit. such distributions or gains. See Investment Policies, Practices and Shareholders may not transfer their investment from the Fund to any other registered investment company.
