Tender Offer - North Haven Private Assets Fund

Form Type: SC TO-I

Filing Date: 2025-06-02

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525133071

Filing Summary: North Haven Private Assets Fund is initiating a tender offer to repurchase up to approximately 100% of its Class S, Class D, and Class I Shares at the lesser of $20 per share or the net asset value per share as of June 30, 2025. The net asset value as of April 30, 2025, was reported at $157,951,238.87, with a total of 7,500,000 Shares outstanding, all of which are Class I Shares. Shareholders must tender their shares by 11:59 p.m. ET on June 30, 2025, unless the offer is extended. Upon acceptance, repurchased shares will increase the proportionate interest of non-tendering shareholders. The Fund intends to handle repurchases with cash on hand, sales of securities, or subscription proceeds from new investors. There are no minimum tender requirements. Shareholders have the right to withdraw their tenders until the Offer Expiration Date, and the Fund reserves the right to cancel or amend the offer at any time before the Notice Due Date.