StepStone, ASB Capital to Launch Sharia-Compliant Private Financing Fund

MT newswire2026/10/05 11:26

07:26 AM EDT, 10/05/2026 (MT Newswires) -- StepStone (STEP) has signed a partnership with ASB Capital to launch the ASB StepStone Private Financing Fund, providing investors access to a Sharia-compliant financing strategy focused on current income and capital appreciation, ASB Capital said Monday. The open-ended fund will primarily invest in senior secured financing for US middle-market companies, it said.

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