StepStone Climate Fund Parallel, LP (CIK 0001944599) — EDGAR Entity Profile

AltStreetEDGAR DatabaseStepStone Climate Fund Parallel, LPStepStone Climate Fund Parallel, LP
EDGAR Verified
Primary Source · SEC.gov
StepStone Climate Fund Parallel, LPCIK 0001944599Fund Vehicle2025 vintage506(b), 3(c)
Raised
$49M
Investors
14
Min Invest
$0
AltStreet Analysis
·Generated from EDGAR primary sources
StepStone Climate Fund Parallel, LP is a Delaware pooled investment fund focused on carbon and climate investments, filing under Regulation D exemptions 506(b) and 3(c). This amended filing reports $49.5M raised from 14 investors, with no minimum investment disclosed. The fund is managed by StepStone Climate (GP), LLC with five named executive officers.
This carbon/climate fund operates in the institutional tier using the 506(b) private placement exemption typical of fund vehicles marketed to accredited investors without general solicitation. The average commitment of approximately $3.5M per investor reflects a mid-market institutional or qualified purchaser profile consistent with climate-focused investment vehicles.
Data Flags
total_amount_soldAmendment filed with modest total raise ($49.5M) relative to typical institutional climate funds; this may represent an initial or parallel close rather than a final fundraise
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0001944599
Entity NameStepStone Climate Fund Parallel, LP
Exemption506(b), 3(c)
First Sale Date—
Filing DateFebruary 14, 2025
Accession Number0001944599-25-000001
Total Amount Sold$49M
Total Investors14
Minimum Investment$0 (no stated minimum)
Securities TypePooled Investment Fund
State of IncorporationNot specified
Amendment CountOriginal filing only
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
n/a StepStone Climate (GP), LLC
Executive Officer · La Jolla, CA
David Jeffrey
Executive Officer · London, X0
Suzanne Tavill
Executive Officer · Sydney, C3
Michael Cronin
Executive Officer · London, X0
Bhavika Vyas
Executive Officer · New York, NY
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Parent Platform
StepStone Climate Fund Parallel, LP
Carbon Climate
Min invest—
EligibilityAccredited Only
Liquidity—
Audit—
Platform default minimum — individual offerings may vary
Related Entities
StepStone Climate Fund
2025 · Fund
$43M
EDGAR Links
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.