Tender Offers for Ares Private Markets Fund
Form Type: SCHEDULE 13D/A
Filing Date: 2025-01-03
Corporate Action: Tender-offer
Type: Update
Accession Number: 000095017025000852
Comments: Amendment No. 2 to Schedule 13D is filed by Liberty Mutual Holding Company Inc., Liberty Mutual Retirement Plan Master Trust, and Liberty Mutual Investment Holdings LLC regarding their ownership of Class A, Class D, and Class I Common Shares of Ares Private Markets Fund. The amendment reflects changes since the last filing, particularly highlighting a Tender Offer initiated by Ares Private Markets Fund on December 3, 2024, to purchase up to 5% of its net assets from shareholders at the net asset value as of December 31, 2024. The Reporting Persons have tendered a total of 580,540 Common Shares. The Tender Offer closed on December 31, 2024, with details on shares owned and levels of control by Liberty Mutual entities included. Ownership percentages are recalculated post-tender, with specific shares attributed to Liberty Mutual and its affiliates.
Document Link: View Document
Additional details:
Reporting Persons: Liberty Mutual Holding Company Inc., Liberty Mutual Retirement Plan Master Trust, Liberty Mutual Investment Holdings LLC
Total Tendered Shares: 580,540
Tender Offer Date: 2024-12-03
Tender Offer Close Date: 2024-12-31
Common Shares Outstanding: 58,460,662.5
Common Shares Owned By LMIH: 2,606,242
Common Shares Owned By LMRPMT: 670,517
Beneficial Ownership By LMHC: 3,276,759