Tender Offer - FS MVP Private Markets Fund
Form Type: SC TO-I
Filing Date: 2025-05-05
Corporate Action: Tender-offer
Type: New
Accession Number: 000139834425008705
Filing Summary: FS MVP Private Markets Fund is initiating a tender offer to purchase up to approximately 5.00% of its net assets, equivalent to about $52,583,926 or 4,104,456 shares, at their net asset value for shareholders as of June 30, 2025. This offer is open to all shareholders and not contingent on a minimum number of shares being tendered. Shareholders may participate by tendering all or a portion of their shares by 4:00 p.m. Eastern Time on June 9, 2025, with the option for extensions at the Fund's discretion. An early repurchase fee of 2.00% applies for shares tendered within the first year of purchase. Two payments are expected: an Initial Payment of at least 90% of the estimated value within 65 days after the Initial Notice Due Date, and a Final Payment following the annual audit within 60 days after the Valuation Date. The offer is aimed at providing liquidity to shareholders and may affect the expense ratios of remaining shares.
Additional details:
Title Of Class: Class A, Class D and Class I Shares of Beneficial Interest
Cusip Numbers: 30331V306, 30331V108 and 30331V207
Net Assets Class A: 176131870
Net Assets Class D: 4148055
Net Assets Class I: 871398600
Initial Notice Due Date: 2025-06-09
Valuation Date: 2025-06-30
Early Repurchase Fee: 2.00%
Form Type: SC TO-I
Filing Date: 2025-02-03
Corporate Action: Tender-offer
Type: New
Accession Number: 000139834425001763
Filing Summary: FS MVP Private Markets Fund is initiating a tender offer to purchase up to approximately 5.00% of its net assets, roughly equivalent to $45,515,250 or 3,695,371 Shares, from Shareholders at their net asset value as of the designated Valuation Date. This offer is applicable to all classes of Shares including Class A, Class D, and Class I. Shareholders must submit their tenders by 4:00 p.m., Eastern Time, on March 7, 2025, with the option for the Fund to extend this deadline. The tender offer includes a 2.00% early repurchase fee applicable for repurchases occurring before the one-year anniversary of the purchase of the Shares. The Fund will make an Initial Payment within 65 days after the notice due date, followed by a Final Payment based on the results from the annual audit of the Fund's financial statements. The offer is made to provide liquidity to Shareholders, and the Fund holds discretion to cancel or extend the Offer at any time before the Notice Due Date. Terms outline that Shareholders withdrawing their Shares may re-tender prior to the deadline, and the net asset value will influence the final amount paid for the tendered Shares. Additionally, the Fund will purchase Shares fully in cash, sourced from existing capital, sales of portfolio holdings, or potential borrowings.
Additional details:
Tender Offer Amount: approximately 5.00% of the net assets of the Fund, or approximately $45,515,250
Initial Notice Due Date: 2025-03-07
Valution Date: 2025-03-31
Early Repurchase Fee: 2.00%
Payment Method: cash on hand, proceeds from the sale of portfolio holdings, or borrowings
Minimum Account Balance Class A: $25,000
Minimum Account Balance Class D: $25,000
Minimum Account Balance Class I: $100,000
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