StepStone Private Markets Amends Tender Offer Statement (SC TO-I/A)

TL;DR

**StepStone Private Markets just amended its tender offer, so watch for updated terms that could impact your shares.**

AI Summary

StepStone Private Markets filed an amended Tender Offer Statement (SC TO-I/A) on March 24, 2026, indicating an update to a previous tender offer. This filing, identified by SEC Accession No. 0001193125-26-121685, is an amendment to a tender offer by the issuer itself, StepStone Private Markets (CIK: 0001789470). For current or prospective shareholders, this matters because tender offers can significantly impact share price and ownership structure, potentially offering an opportunity to sell shares back to the company or signaling changes in capital allocation strategy.

Why It Matters

This filing signals an update to StepStone Private Markets' tender offer, which could affect the liquidity and value of shares for investors.

Risk Assessment

Risk Level: medium — Tender offers can present both opportunities and risks, depending on the terms and an investor's individual situation.

Analyst Insight

Investors should monitor subsequent filings from StepStone Private Markets for the specific terms of the amended tender offer, as these details will dictate the real impact on their investment.

Key Numbers

• 2026-03-24 — Filing Date (The date the amended tender offer statement was filed.)
• 0001789470 — CIK (The Central Index Key for StepStone Private Markets, identifying the company.)
• SC TO-I/A — Form Type (Indicates an amended tender offer statement by the issuer.)

Key Players & Entities

• StepStone Private Markets (company) — the issuer and subject of the tender offer
• 0001789470 (person) — CIK for StepStone Private Markets
• 0001193125-26-121685 (person) — SEC Accession Number for the filing
• 2026-03-24 (dollar_amount) — filing date

Forward-Looking Statements

• StepStone Private Markets will release further details regarding the tender offer's updated terms. (StepStone Private Markets) — high confidence, target: 2026-04-24

FAQ

Key Financial Figures

• $169,713,764.68 — d as of March 16, 2026 in the amount of $169,713,764.68 for Class I Shares $1,315,361.33 for Cl
• $1,315,361.33 — t of $169,713,764.68 for Class I Shares $1,315,361.33 for Class D Shares and $32,516,343.72 f
• $32,516,343.72 — es $1,315,361.33 for Class D Shares and $32,516,343.72 for Class S Shares. 4. The payment of

Filing Documents

• na-20260324.htm (SC TO-I/A) — 35KB
• 0001193125-26-121685.txt ( ) — 37KB

From the Filing

SC TO-I/A 1 na-20260324.htm SC TO-I/A SC TO-I/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE TO TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 FINAL AMENDMENT StepStone Private Markets (Name of Subject Company (Issuer)) StepStone Private Markets (Name of Filing Person(s)) Shares of Beneficial Interest (Title of Class of Securities) N/A (CUSIP Number of Class of Securities) Dean Caruvana StepStone Group Private Wealth LLC 128 S. Tryon Street, Suite 1600 Charlotte, NC 28202 704-215-4300 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Filing Person(s)) With a copy to: Ryan P. Brizek, Esq. Bissie K. Bonner, Esq. Simpson Thacher & Bartlett LLP Simpson Thacher & Bartlett LLP 900 G Street, N.W. 425 Lexington Avenue Washington, DC 20001 New York, NY 10017 February 9, 2026 (Date Tender Offer First Published, Sent or Given to Security Holders) Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes below to designate any transactions to which the statement relates: third-party tender offer subject to Rule 14d-1. issuer tender offer subject to Rule 13e-4. going-private transaction subject to Rule 13e-3. amendment to Schedule 13D under Rule 13d-2. Check the following box if the filing is a final amendment reporting the results of the tender offer: This final amendment relates to the Issuer Tender Offer Statement on Schedule TO (the “Statement”) originally filed with the Securities and Exchange Commission on February 9, 2026 by StepStone Private Markets (the “Fund”) in connection with an offer (the “Offer”) by the Fund to purchase shares of beneficial interest (“Shares”) in an amount up to 5% of the outstanding shares of the Fund on the terms and subject to the conditions set forth in the Offer to Purchase and the related Form of Letter of Transmittal. Copies of the Offer to Purchase and Form of Letter of Transmittal were previously filed as Exhibits (a)(1)(ii) and (a)(1)(iii), respectively, to the Statement on February 9, 2026. This is the final amendment to the Statement and is being filed to report the results of the Offer. The following information is furnished pursuant to Rule 13e-4(c)(4): 1. Holders of Shares in the Fund (“Shareholders”) that desired to tender Shares or a portion thereof, for purchase were required to submit their tenders by 4:00 p.m., Eastern Time, on March 16, 2026. 2. Valuation Date of the Shares tendered pursuant to the Offer was March 16, 2026. 3. The net asset value of the Shares tendered pursuant to the Offer were calculated as of March 16, 2026 in the amount of $169,713,764.68 for Class I Shares $1,315,361.33 for Class D Shares and $32,516,343.72 for Class S Shares. 4. The payment of the purchase price of the Shares or portions of Shares tendered was made to each of the Shareholders whose tenders were accepted for purchase by the Fund in accordance with the terms of the Offer. The Fund paid the Shareholders 100% of the Shareholder’s unaudited net asset value of the Shares tendered. The payments were remitted to the account designated by each Shareholder in their Letter of Transmittal on March 17, 2026. 2 SIGNATURE After due inquiry and to the best of my knowledge and belief, I certify that the information set out in this statement is true, complete, and correct. STEPSTONE PRIVATE MARKETS By: /s/ Dean Caruvana Name: Dean Caruvana Title: Secretary and Chief Compliance Officer Date: March 24, 2026 3

View Full Filing

View this filing on SEC EDGAR