Stepstone Private Credit FundSPCF
STEPSTONE PRIVATE CREDIT FUND LLC · CIK 1950803 · as of 2026Q1
STEPSTONE PRIVATE CREDIT FUND LLC (SPCF, CIK 1950803) is one of 142 BDCs whose SEC-reported marks MarkQuality compares every quarter. As of 2026Q1 it reported $1.7B at fair value, with 70 positions (13.6% of the portfolio's fair value) overlapping other BDC portfolios — the overlap that makes an independent, position-level mark comparison possible. The Mark Discipline scorecard itself is free with an account.
| Michael Baker International | $15.9M | 1 position | held by 5 other BDCs |
| Denali | $15.6M | 1 position | held by 18 other BDCs |
| Integrity Marketing | $12.3M | 1 position | held by 20 other BDCs |
| Coupa B | $12.2M | 1 position | held by 20 other BDCs |
| Rocket Recochem | $10.8M | 1 position | held by 5 other BDCs |
| Usic | $10.3M | 1 position | held by 9 other BDCs |
| Einstein C | $9.4M | 1 position | held by 23 other BDCs |
| Straine Dental Management | $8.3M | 1 position | held by 1 other BDC |
See how consistently Stepstone Private Credit Fund marks its comparable book against the cross-BDC peer consensus, with position-level evidence and quarter-over-quarter history.
The Mark Discipline scorecard tracks how this fund's marks sat against the peer consensus across these same quarters — free with an account.
Illustrative preview with anonymized data — your account shows the real thing.
Frequently asked questions
- Where does this data come from?
- Every figure is derived from public SEC filings — BDC quarterly reports and related datasets published on SEC EDGAR. Nothing comes from paid pricing feeds or private sources, and every number can be traced back to the filing it appeared in.
- What is the peer consensus?
- When two or more BDCs hold the same loan, each reports its own fair-value mark in its own SEC filing. MarkQuality lines those marks up: the median of the other holders' marks is the peer consensus for that position.
- Is this a rating or an opinion on the fund?
- No. MarkQuality does not issue fair-value opinions and does not claim any mark is wrong or any NAV is overstated. It measures how consistently a fund's marks track the peer consensus — a difference can reflect legitimate factors like position size, timing, lot, structure, or valuation methodology. It is analytics on public data, not investment advice.
- What do I get with a free account?
- The full Mark Discipline scorecard for every tracked BDC — position-level comparisons against peer marks, quarter-over-quarter history, a change feed, and watchlist alerts. Free during the beta, no card required.
- How often is the data updated?
- Quarterly, following the SEC filing cycle: after each reporting season the newly filed marks are ingested, re-clustered, and the peer comparisons recomputed.
Every mark referenced on MarkQuality is the holder's own figure as reported in its SEC filing, shown side by side against the peer median — not a fair-value opinion, nor an assertion that any mark is wrong or that net asset value is overstated. A gap from the median can reflect legitimate differences in position, timing, lot, structure, or valuation methodology rather than mispricing. Informational only — not investment advice.