Form D · Private Equity Fund
StepStone HB Real Estate Opportunities Fund, L.P.
La Jolla, CA · CIK 0001845432
Offering snapshot reported May 22, 2026 · SEC filing
- Reported sold
- $175M Indefinite offering
- Investors reported
- 1 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- May 19, 2026 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| May 22, 2026 | Initial | $175,000,000 | No comparison | 1 | SEC filing |
| Feb 24, 2021 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b, 3C, 3C.7
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-584934
Source: Form D, filed May 22, 2026. Minimum accepted may differ from a standard advertised minimum.
Fund connections
The linked fund shows its most recently reported ADV details.
Matched by reported Form D file number
STEPSTONE HB REAL ESTATE OPPORTUNITIES FUND, L.P.
Investment adviser: STEPSTONE GROUP REAL ESTATE LP
- Gross asset value
- $163M
- Beneficial owners
- 3
- ADV minimum commitment
- $200M
Reported in Form ADV on Jul 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
Filing source
Form ADV 2122461 · Jul 30, 2026 · Schedule D 7.B.(1), fund 805-7673599470
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Josh Cleveland | Executive |
| Jeff Giller | Executive |
| Matthew Lambert | Executive |
| Adam Lesnick | Executive |
| Brendan Mac Donald | Executive |
| N/A Step Stone Group Real Estate Holdings Llc | Executive |
| N/A Step Stone Group Real Estate Lp | Executive |
| N/A Stepstone Hb Real Estate (Gp), Llc | Executive |
| N/A Step Stone Hb Real Estate (Gp), Llc | Executive |
| John Waters | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:La Jolla, CA, 92037