StepStone Private Wealth has launched a credit fund – which is open to individual investors.

It is listed on the Nasdaq.

The fund is managed by StepStone Private Debt – which has a team of over 65 people and is responsible for $50bn of capital.

The fund will employ direct lending and specialist credit strategies.

StepStone Private Wealth and StepStone Private Debt are part of StepStone Group – a private markets investment firm – with close to $160bn AUM.