Steep Rock Capital currently manages two late stage private equity funds, the Steep Rock Russia Fund and the Steep Rock Russia Fund II.
A five-year closed end fund launched in December 2006 with $45 million, the Steep Rock Russia Fund invests in unlisted equities of Russian companies committed to listing on the public markets. The Fund is fully invested.
A five-year closed end fund launched in December 2007 with $30 million, the Steep Rock Russia Fund II invests primarily in the unlisted equities of Russian companies committed to listing on the public markets. Up to 20% of the Fund may be invested outside of Russia.