# EDGAR Filing Document

**Accession Number:** 0002023773
**File Stem:** 0001580642-26-001143
**Filing Date:** 2026-2
**Character Count:** 6931
**Document Hash:** 6cb0e7833445fdb082a3f4d9da1c8fe3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-26-001143.hdr.sgml**: 20260220

**ACCESSION NUMBER**: 0001580642-26-001143

**CONFORMED SUBMISSION TYPE**: SC TO-I/A

**PUBLIC DOCUMENT COUNT**: 12

**FILED AS OF DATE**: 20260220

**DATE AS OF CHANGE**: 20260219

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iDirect Multi-Strategy Fund, LLC
- **CENTRAL INDEX KEY:** 0002023773

**ORGANIZATION NAME:**
- **EIN:** 992289774
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95349
- **FILM NUMBER:** 26656054

**BUSINESS ADDRESS:**
- **STREET 1:** C/O COMPLIANCE DEPARTMENT
- **STREET 2:** 60 EAST 42ND STREET, 28TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10165
- **BUSINESS PHONE:** (212) 994-7400

**MAIL ADDRESS:**
- **STREET 1:** C/O COMPLIANCE DEPARTMENT
- **STREET 2:** 60 EAST 42ND STREET, 28TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10165
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iDirect Multi-Strategy Fund, LLC
- **CENTRAL INDEX KEY:** 0002023773

**ORGANIZATION NAME:**
- **EIN:** 992289774
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A

**BUSINESS ADDRESS:**
- **STREET 1:** C/O COMPLIANCE DEPARTMENT
- **STREET 2:** 60 EAST 42ND STREET, 28TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10165
- **BUSINESS PHONE:** (212) 994-7400

**MAIL ADDRESS:**
- **STREET 1:** C/O COMPLIANCE DEPARTMENT
- **STREET 2:** 60 EAST 42ND STREET, 28TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10165

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION<br>WASHINGTON, D.C. 20549**

**SCHEDULE TO**

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)<br>OF THE SECURITIES EXCHANGE ACT OF 1934

(Final Amendment)

**iDirect Multi-Strategy Fund, LLC**

(Name of Subject Company (Issuer))

**iDirect Multi-Strategy Fund, LLC**

(Name of Filing Person(s) (Issuer))

LIMITED LIABILITY COMPANY INTERESTS

(Title of Class of Securities)

Class A: 45168Y 108

Class I: 45168Y 207<br> (CUSIP Number of Class of Securities)

Nick Veronis

iCapital Fund Advisors LLC

60 East 42<sup>nd</sup> Street<br>New York, NY 10165<br>212-994-7400

(Name, Address, and Telephone Number of Person Authorized to Receive Notices and<br>Communications on Behalf of the Filing Person(s))

With a copy to:<br>Richard Horowitz, Esq.

Alexander C. Karampatsos, Esq.

Dechert LLP<br>1095 Avenue of the Americas <br>New York, NY 10036<br>(212) 698-3500<br>

CALCULATION OF FILING FEE

---

| | |
|:---|:---|
| Transaction Valuation: $7,682,741(a) | Amount of Filing Fee: $1,060.99(b) |

---

(a) Calculated as the aggregate maximum value of Shares being purchased.

(b) Calculated at $138.10 per $1,000,000 of the Transaction Valuation.

☒ Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

---

| |
|:---|
| Amount Previously Paid: $1,060.99 |
| Form or Registration No.: Schedule TO |
| Filing Party: iDirect Multi-Strategy Fund, LLC |
| Date Filed: November 14, 2025 |

---

☐ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

☐ third-party tender offer subject to Rule 14d-1.

☒ issuer tender offer subject to Rule 13e-4.

☐ going-private transaction subject to Rule 13e-3.

☐ amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer: ☒

**FINAL AMENDMENT TO TENDER OFFER STATEMENT**

This Final Amendment related to the Tender Offer Statement on Schedule TO ("the "Statement") originally filed on November 14, 2025 by iDirect Multi-Strategy Fund, LLC (the "Fund") in connection with an offer (the "Offer") by the Fund to purchase up to $7,682,741 of Class A and Class I limited liability company interests ("Shares") in accordance with the terms and conditions set forth in the Offer to Purchase and the related Letter of Transmittal. Copies of the Offer to Purchase and Letter of Transmittal were previously filed as Exhibits B and C to the Statement.

This is the Final Amendment to the Statement and is being filed to report the results of the Offer. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Offer to Purchase.

The following information is furnished pursuant to Rule 13e-4(c)(4):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Offer expired on December 26, 2025, at 12:00 midnight, Eastern time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The net asset value ("NAV") of Shares tendered pursuant to the Offer was calculated as of December 31, 2025. The NAV per Share of Class A Shares and Class I Shares were $9.87 and $9.83, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. There were no Shares validly tendered and not withdrawn prior to the expiration of the Offer, and no Shares were accepted for purchase, and/or paid for, by the Fund in accordance with the terms and conditions of the Offer**.**

**SIGNATURE**

After due inquiry and to the best of my knowledge and belief, I certify that the information set out in this statement is true, complete, and correct.

---

| | |
|:---|:---|
| **iDirect Multi-Strategy Fund, LLC** | **iDirect Multi-Strategy Fund, LLC** |
| By: | /s/ Indira Mahadeo |
| Name: | Indira Mahadeo |
| Title: | Treasurer |

---

February 18, 2026

## Ex-Filing

?xml version='1.0' encoding='ASCII'?

**Calculation of Filing Fee Tables**

**FORM SC TO-I/A**

(Form Type)

**iDirect Multi-Strategy Fund, LLC**

(Exact Name of Registrant as Specified in its Charter)

**Table 1 to Paragraph (a)(7)**

---

| | | | |
|:---|:---|:---|:---|
|  | **Transaction<br> Valuation** | **Fee rate** | **Amount of<br> Filing Fee** |
| Fees to Be Paid | $7682741<sup>(1)</sup> | $138.10 | $1060.99 |
| Fees Previously Paid | $7682741 |  | 1060.99 |
| Total Transaction Value | $7682741<sup>(1)</sup> |  |  |
| **Total Fees Due for Filing** |  |  | $1060.99 |
| **Total Fees Previously Paid** |  |  | 1060.99 |
| **Total Fee Offsets** |  |  | - |
| **Net Fee Due** |  |  | $- |

---

(1) Calculated as the aggregate maximum value of Shares being purchased.
The fee of $1,060.99 was paid in connection with the filing of the Schedule TO-I by iDirect Multi-Strategy Fund, LLC (File No. 005-95349)
on November 14, 2025 (the "Schedule TO"). This is the final amendment to the Schedule TO and is being filed to report the
results of the offer.