The private equity firm STEP's StepStone VC has raised $96.54 million for two blockchain private equity funds

According to ChainiCatcher news reported by CoinDesk, the venture capital arm of global private equity firm StepStone Group (STEP), which manages $138 billion in assets, has raised $96.54 million for two blockchain private equity funds, as per documents submitted to the U.S. Securities and Exchange Commission (SEC).

Since its launch on June 7, 2022, the U.S.-based StepStone VC Blockchain L.P has raised $71.225 million from 100 investors, while another fund based in the Cayman Islands has raised $25.315 million from 41 investors. (Source link)