Tender Offer - First Trust Private Assets Fund

Form Type: SC TO-I

Filing Date: 2025-03-03

Corporate Action: Tender-offer

Type: New

Accession Number: 000110465925019760

Filing Summary: First Trust Private Assets Fund is making a tender offer to purchase shares of beneficial interest from its shareholders, amounting to approximately 5.00% of the net assets or roughly $1,600,000. The offer is set to expire on March 31, 2025, with a net asset value calculated as of the same date. Shareholders have the right to tender all or some of their shares by the deadline, and the Fund will review net asset value during its annual audit. Payments will be made primarily in cash, with initial and post-audit payments expected to follow specific timelines. Shareholders can withdraw their tender prior to the notice due date, and the Fund may extend the offer at its discretion.