SPRIM
In which month and year was SPRIM incepted?
October 2020
1 year and 2%
What are the three main themes STRUX invests in?
Power, Data, Transportation
What month and year was CRDEX incepted?
June 2024
These investment positions involve purchasing existing fund interests from another investor.
Secondaries
What is the I share ticker symbol for SPRIM?
XPMIX
What is the largest holding in SPRING?
SpaceX
What are three reasons why someone would consider investing in private infrastructure?
low correlation, diversification, inflation hedge, significant investment needed over next 10 years and beyond, source of growth and income, stable and predictable cash flows, long term contracts, low volatility, downside protection, inefficient market, etc.
What percentage of CRDEX is direct lending?
94%
When a client needs portal access what is the phone number or email they need to get in touch with?
877-772-7724 or stepstone@umb.com
What percent of SPRIM is allocated to Real Assets?
16%
SPRING's strike zone is in which stage of risk of a companies life?
Execution Risk
What do we benchmark STRUX to?
A large transaction with this firm has helped increase CRDEX's AUM to nearly $900mm?
Cresset
What happens if redemptions exceed the liquidity offered?
Investors are pro rated out and must tender during the next redemption window to get the amount desired. Or in some instances it can go to a board vote to payout if cash is available.
Name 8 funds that would be considered competitors of SPRIM
AMG Pantheon, Apollo PM, Ares PM, Axxess PM, BXPE, Carlyle Alpinvest, Cascade, Coller, Franklin Lexington, FS MVP, Hamilton Lane, HarbourVest, JPM PM Access, NB Access, Partners Group, Private Shares, Pomona
Who are the two top fund managers in SPRING?
Five Elms Capital and Altimeter Capital
What percentage of STRUX is currently allocated to North American infrastructure?
34%
What is CRDEX performance YTD?
3.35%
Which firm has a different fact card then the rest?
Morgan Stanley
How many total fund managers are in SPRIM?
185
What do we benchmark SPRING to?
NASDAQ Composite
Name the top two fund managers in STRUX
EQT and KKR
List 4 of the platforms CRDEX is approved
&Partners, Altruist, Cresset, Empower, Hightower, Matrix, Realta, Reliance Trust
What must be included on any fund specific emails sent to prospects/clients?
Disclosures