Tender Offer - Privacore PCAAM Alternative Growth Fund

Form Type: SC TO-I

Filing Date: 2025-04-30

Corporate Action: Tender-offer

Type: New

Accession Number: 000121390025037402

Filing Summary: Privacore PCAAM Alternative Growth Fund is initiating a tender offer to purchase up to approximately 5.00% of its net assets, which translates to around $2,940,546 or 286,695 Class I Shares, from its shareholders. This offer is available for acceptance until May 29, 2025, and is open to all existing shareholders without a minimum tender requirement. The offer price will be based on the net asset value per share, calculated as of June 30, 2025, or a later date if the offer is extended. The fund will provide a promissory note to shareholders whose shares are accepted, with an initial payment of at least 95% of the repurchased shares' estimated value, followed by a final payment based on the results of an annual audit. The offer allows shareholders several rights, including the right to withdraw their shares before the expiration date or if their tender has not been accepted within 40 business days. The fund expects to finance the repurchase from cash on hand or proceeds from sales of portfolio holdings. This tender offer represents the first of its kind since the Fund commenced operations in June 2024, and it is not subject to minimum participation conditions. Regulatory considerations and corporate governance details are outlined per the SEC guidelines and the Fund's internal agreements.