# EDGAR Filing Document

**Accession Number:** 0001856156
**File Stem:** 0001049169-25-000137
**Filing Date:** 2025-8
**Character Count:** 117827
**Document Hash:** 49477f41603017b5a322cc3ee8ea07cd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-25-000137.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001049169-25-000137

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FS MVP Private Markets Fund
- **CENTRAL INDEX KEY:** 0001856156

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23656
- **FILM NUMBER:** 251274966

**BUSINESS ADDRESS:**
- **STREET 1:** 201 ROUSE BOULEVARD
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19112
- **BUSINESS PHONE:** 215-495-1150

**MAIL ADDRESS:**
- **STREET 1:** 201 ROUSE BOULEVARD
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19112

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MVP Private Markets Fund
- **DATE OF NAME CHANGE:** 20210409

## Nport-Ex

**FS MVP PRIVATE MARKETS FUND**

**CONSOLIDATED SCHEDULE OF INVESTMENTS**

**June 30, 2025 (UNAUDITED)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Principal** | **Maturity Date** | **Cost** | **Fair Value** |
| **Direct Credit (4.49%)** |  |  |  |  |
| Aero Operating, LLC (3M US SOFR + 9.00%)<sup>(a)(b)(c)</sup> | $6667858 | 2/7/2026 | $6641589 | $6465912 |
| Beacon Oral Specialist (3M US SOFR + 6.00%)<sup>(a)(b)(c)</sup> | 7296131 | 12/14/2025 | 7279701 | 7277993 |
| Beta Plus Technologies, Inc., TL (3M US SOFR + 5.75%)<sup>(a)(b)(c)</sup> | 4874687 | 7/2/2029 | 4478213 | 4232436 |
| CMS Group Holdings, LLC (3M US SOFR + 5.5%)<sup>(a)(b)(c)</sup> | 4707500 | 11/18/2026 | 4654304 | 4642946 |
| Erie Construction Mid-West, LLC (3M US SOFR + 4.75%)<sup>(a)(b)(c)</sup> | 849954 | 7/30/2027 | 846281 | 849954 |
| ETE Intermediate II, LLC RC (3M US SOFR + 6.50%)<sup>(a)(b)(c)</sup> | 267857 | 5/26/2029 | 267633 | 264710 |
| ETE Intermediate II, LLC TL (3M US SOFR + 6.50%)<sup>(a)(b)(c)(d)</sup> | 2187500 | 5/26/2029 | 2139805 | 2161796 |
| MDME Holdings, LLC (3M US SOFR + 6.25%)<sup>(a)(b)(c)</sup> | 4358719 | 8/3/2027 | 4299980 | 3798037 |
| MDME Incremental T/L (3M US SOFR + 6.25%)<sup>(a)(b)(c)</sup> | 533459 | 8/3/2027 | 529713 | 464837 |
| NAS, LLC (3M US SOFR + 6.50%)<sup>(a)(b)(c)</sup> | 8531463 | 4/1/2026 | 8405199 | 8511551 |
| Netrix, LLC (3M US SOFR + 7.83%)<sup>(a)(b)(c)</sup> | 1553307 | 7/31/2026 | 1545542 | 1523508 |
| North Acquisition LLC (3M US SOFR + 6.75%)<sup>(a)(b)(c)</sup> | 6344515 | 7/27/2027 | 6289750 | 6158688 |
| Orthodontic Partner LLC DDTL4 (3M US SOFR + 6.50%)<sup>(a)(b)(c)</sup> | 941681 | 10/12/2027 | 938127 | 927555 |
| Orthodontic Partners, LLC DDTL (3M US SOFR + 6.50%)<sup>(a)(b)(c)</sup> | 1876848 | 10/12/2027 | 1867784 | 1848695 |
| Road Tested Parts, LLC TL (3M US SOFR + 6.50%)<sup>(a)(b)(c)</sup> | 1961861 | 8/17/2026 | 1945079 | 1639357 |
| Spectrum Vision (3M US SOFR + 6.50%)<sup>(a)(b)(c)(d)</sup> | 5569771 | 11/17/2025 | 5560116 | 5559618 |
| **Total Direct Credit** |  |  | $**57688816** | $**56327593** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| **Direct Equity (36.75%)<sup>(e)</sup>** |  |  |  |
| AEP Galaxy-A, L.P. <sup>(b)(d)(e)</sup> | 7/13/2023 | $9455746 | $10037276 |
| AeriTek Global Parent, LLC <sup>(b)(e)</sup> | 10/30/2024 | 7500000 | 7500000 |
| ASP Arcadia Co-Invest, L.P. <sup>(b)(d)(e)</sup> | 2/5/2024 | 9540526 | 7380276 |
| BA Hissho Blocker, LLC <sup>(a)(b)(f)(e)</sup> | 5/16/2022 | 3861506 | 8047096 |
| Biloxi Co-Investment , L.P. <sup>(b)(d)(e)</sup> | 8/11/2021 | 3630888 | 6433301 |
| Calera Capital Partners VI C4 Blocked AIV, L.P. <sup>(b)(d)(e)</sup> | 5/9/2024 | 3300000 | 3356819 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description (continued)** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| Calera XXV, LLC <sup>(b)(d)(g)(e)</sup> | 5/9/2024 | $7950000 | $8087843 |
| Charger Investment , L.P. <sup>(b)(e)</sup> | 9/30/2021 | 4841224 | 10796077 |
| CIP Bland Landscaping Holdings MF SPV, LLC <sup>(b)(e)</sup> | 12/19/2024 | 10359254 | 10603026 |
| COP Lawn Services Inv, LLC <sup>(a)(b)(d)(h)(e)</sup> | 11/18/2022 | 6020615 | 15977076 |
| CP III NSW Co-Investment A, LLC <sup>(b)(e)</sup> | 12/13/2024 | 8481000 | 8111386 |
| CP III NSW Co-Investment B, LLC <sup>(b)(e)</sup> | 12/13/2024 | 4000000 | 3825484 |
| CSC Tau Co-Invest Aggregator, L.P. <sup>(b)(e)</sup> | 1/30/2025 | 15022450 | 15000000 |
| CV HOLDCO, LLC <sup>(a)(b)(e)</sup> | 5/20/2024 | 10595775 | 10551261 |
| Edgewater Growth Capital Partners III, L.P. - Cl B <sup>(b)(e)</sup> | 6/30/2025 | 1087453 | 1841310 |
| Gainline Tubing Co-Investment Holdings, LLC <sup>(b)(e)</sup> | 12/3/2024 | 5209200 | 5960834 |
| Greenbriar Coinvest WPS, L.P. <sup>(b)(d)(e)</sup> | 2/13/2023 | 5314659 | 5252091 |
| IEM Parent, L.P. <sup>(a)(b)(e)</sup> | 2/1/2023 | 5774264 | 92745560 |
| Incline V RKD Co-Invest A, L.P. <sup>(b)(e)</sup> | 8/16/2022 | 12070044 | 13343990 |
| Marlin Equity V, L.P. - Class A <sup>(b)(e)</sup> | 1/15/2025 | 1130290 | 1274595 |
| Marlin Equity V, L.P. - Class B <sup>(b)(e)</sup> | 1/15/2025 | 1753462 | 1941450 |
| MDME Holdings, LLC <sup>(a)(b)(e)</sup> | 8/3/2022 | 66624 | 43598 |
| Medical Device Opportunities S.C.A. <sup>(a)(b)(d)(e)</sup> | 6/29/2023 | 5219914 | 8452902 |
| MFG Mellott Fund A, LLC <sup>(a)(b)(e)</sup> | 9/9/2021 | 3000000 | 6656976 |
| MiddleGround Checker Co-Invest Partners, L.P. <sup>(b)(e)</sup> | 2/10/2022 | 11894611 | 7568996 |
| MiddleGround Royal Palm Co-Invest Partners, L.P. <sup>(b)(e)</sup> | 2/10/2022 | 7827169 | 17104180 |
| MML Partnership Capital VII S.C.Sp. <sup>(a)(b)(e)</sup> | 8/21/2023 | 10000000 | 11911562 |
| NCS Investment, L.P. <sup>(b)(e)</sup> | 6/13/2025 | 10120000 | 10000000 |
| North Acquisition, LLC <sup>(b)(g)(e)</sup> | 7/27/2022 | 150000 | 217586 |
| North Haven Capital Partners VIII-A, L.P. <sup>(b)(e)</sup> | 5/23/2025 | 1314935 | 1341892 |
| NS UPS A, LLC <sup>(b)(d)(e)</sup> | 7/18/2024 | 4798296 | 5331497 |
| NS UPS Investment, LLC <sup>(b)(d)(g)(e)</sup> | 7/18/2024 | 1859340 | 2067045 |
| OEP VIII Project Vector Co-Investment <sup>(b)(e)</sup> | 12/20/2021 | 8027290 | 16802981 |
| RCP Monte Nido Co-Investment Fund, L.P. <sup>(a)(b)(e)</sup> | 8/24/2022 | 17479687 | 4152155 |
| RCP Nats Co-Investment Fund, L.P. <sup>(b)(c)(e)</sup> | 3/18/2025 | 17163178 | 17142857 |
| Ridgemont Equity Coinvest III AGP Blocker, L.P. <sup>(a)(b)(i)(e)</sup> | 10/12/2021 | 4545455 | 14545456 |
| SCP FCA Investments, LLC <sup>(b)(d)(g)(e)</sup> | 6/6/2024 | 7550000 | 11701895 |
| SPC Totalmed, LLC <sup>(b)(e)</sup> | 3/10/2023 | 10000000 | 5117244 |
| TPG Growth V Deacon, L.P. <sup>(b)(e)</sup> | 12/22/2023 | 10095238 | 11499127 |
| TPG Growth V Walkabout CI, L.P. <sup>(b)(g)(e)</sup> | 9/19/2023 | 7536585 | 10130067 |
| TRF Sagebrush Co-Invest, L.P. <sup>(b)(e)</sup> | 11/1/2024 | 10545249 | 13679520 |
| Truelink Atlas, L.P. <sup>(b)(e)</sup> | 6/26/2025 | 7500000 | 7500000 |
| V-Co-Invest IV, L.P. <sup>(b)(e)</sup> | 4/12/2024 | 5050000 | 5019952 |
| V-Sky Co-Invest Aggregator II, L.P. <sup>(b)(e)</sup> | 9/2/2021 | 5007539 | 4991407 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description (continued)** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| Warrior Ultimate Holdings, LLC <sup>(b)(e)</sup> | 12/27/2024 | $6500000 | $6500000 |
| WCI-BXC Investment Holdings L.P. <sup>(b)(e)</sup> | 10/31/2023 | 13136583 | 13017190 |
| **Total Direct Equity** |  | $**323286049** | $**460562836** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| **Secondary Investments (49.50%)<sup>(e)</sup>** |  |  |  |
| 3BC Matrix LP, LLC <sup>(b)(e)</sup> | 5/12/2025 | 9950000 | 9950000 |
| ABRY Heritage Partners II, L.P. <sup>(b)(d)(e)</sup> | 3/28/2024 | 420175 | 486692 |
| ABRY Heritage Partners, L.P. <sup>(b)(d)(e)</sup> | 3/28/2024 | 259266 | 634278 |
| ABRY Partners IX, L.P. <sup>(b)(e)</sup> | 9/30/2021 | 13150404 | 18351389 |
| ABRY Partners IX, L.P. #2 <sup>(b)(d)(e)</sup> | 12/31/2024 | 3625692 | 4609258 |
| ABRY Partners VII, L.P. <sup>(b)(d)(e)</sup> | 12/31/2024 | 68812 | 128115 |
| ABRY Partners VIII (Cayman AIV), L.P. <sup>(b)(e)</sup> | 3/28/2024 | 56728 | 112666 |
| ABRY Partners VIII, L.P. <sup>(b)(e)</sup> | 3/28/2024 | 385768 | 383267 |
| Accel-KKR Capital Partners CV IV Strategic Fund, L.P. <sup>(b)(d)(e)</sup> | 3/22/2022 | 4953805 | 5729664 |
| American Securities VII <sup>(b)(d)(e)</sup> | 6/30/2023 | 29962864 | 22540849 |
| Apse Capital II L.P. <sup>(b)(e)</sup> | 10/29/2024 | 17139623 | 23066702 |
| Ares Corporate Opportunities Fund IV, L.P. - Cl B <sup>(b)(e)</sup> | 6/30/2025 | 1132201 | 1809817 |
| Arlington Capital Partners III, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 367619 | 681118 |
| Bain Capital Fund X, L.P. <sup>(b)(d)(e)</sup> | 4/1/2024 | 100323 | 82230 |
| Bain Capital Venture 2005, L.P. <sup>(b)(d)(e)</sup> | 6/28/2024 | 29569 | 26656 |
| Bain Capital Venture 2007, L.P. <sup>(b)(e)</sup> | 6/28/2024 | 453144 | 482147 |
| Bain Capital Venture 2012, L.P. <sup>(b)(e)</sup> | 6/28/2024 | 671447 | 767676 |
| Bain Capital Venture 2014, L.P. <sup>(b)(d)(e)</sup> | 6/28/2024 | 925754 | 941520 |
| Bain Capital Venture 2016, L.P. <sup>(b)(e)</sup> | 6/28/2024 | 4062725 | 4702736 |
| Bain Capital Venture Coinvestment Fund L.P. <sup>(b)(d)(e)</sup> | 6/28/2024 | 157331 | 240334 |
| Baird Capital Partners V Limited Partnership Cl B <sup>(b)(e)</sup> | 6/30/2025 | 21164 | 30144 |
| Battery Ventures XI-A Side Fund, L.P. - Class A <sup>(b)(e)</sup> | 1/7/2025 | 563536 | 807520 |
| Battery Ventures XI-A Side Fund, L.P. - Class B <sup>(b)(e)</sup> | 1/7/2025 | 1773818 | 2105670 |
| Battery Ventures XI-A, L.P. - Class A <sup>(b)(e)</sup> | 1/7/2025 | 472124 | 730248 |
| Battery Ventures XI-A, L.P. - Class B <sup>(b)(e)</sup> | 1/7/2025 | 2761028 | 3713767 |
| Battery Ventures XII Side Fund, L.P. <sup>(b)(d)(e)</sup> | 9/30/2021 | 6138419 | 3937486 |
| Battery Ventures XII, L.P. <sup>(b)(d)(e)</sup> | 9/30/2021 | 9722167 | 8548842 |
| Berkshire Fund IX, L.P. <sup>(b)(d)(g)(e)</sup> | 9/30/2021 | 11691338 | 14074348 |
| Berkshire Fund VIII, L.P. <sup>(b)(d)(e)</sup> | 3/31/2023 | 5806250 | 2458063 |
| Bison Capital Partners IV, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 1708847 | 2783798 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description (continued)** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| Blue Point Capital Partners III, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | $78421 | $419535 |
| Blue Point Capital Partners III, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 246880 | 1320761 |
| Bregal Unternehmerkapital III-A SCSp <sup>(b)(d)(e)</sup> | 9/30/2024 | 1076653 | 1556810 |
| Brentwood Associates Private Equity V-A, L.P.Cl B <sup>(b)(e)</sup> | 6/30/2025 | 9298207 | 11104234 |
| BVIP Fund VIII, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 837744 | 855029 |
| BVIP Fund VIII, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 1108807 | 1131684 |
| Centerbridge Capital Partners III, L.P. <sup>(b)(d)(j)(e)</sup> | 3/28/2024 | 2204925 | 2027834 |
| Centerbridge Capital Partners III, L.P. - Class B2 <sup>(b)(e)</sup> | 12/31/2024 | 5032955 | 4854736 |
| Centerbridge Capital Partners III, L.P. - Class B3 <sup>(b)(e)</sup> | 1/2/2025 | 9496913 | 10092202 |
| Centerbridge Capital Partners III, L.P. - Class B4 <sup>(b)(e)</sup> | 6/30/2025 | 3211189 | 3819463 |
| Centerbridge Capital Partners IV, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 1938004 | 2505158 |
| Charlesbank Equity Fund IX, L.P. <sup>(b)(d)(g)(e)</sup> | 9/30/2021 | 7338107 | 10244586 |
| COREalpha Private Equity Partners Co- Investment <sup>(b)(d)(e)</sup> | 5/31/2024 | 3684990 | 4641616 |
| EnCap Energy Capital Fund IX, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 1608941 | 2235058 |
| EnCap Energy Capital Fund VIII-B, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 1938650 | 2819520 |
| EnCap Flatrock Midstream Fund II, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 610504 | 898658 |
| EnCap Flatrock Midstream Fund III, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 2857527 | 3690115 |
| EQT VII (No. 1) Limited Partnership <sup>(b)(d)(e)</sup> | 3/28/2024 | 1975767 | 2510958 |
| EQT VIII (No.1) SCSp <sup>(b)(d)(e)</sup> | 3/28/2024 | 3531899 | 4145912 |
| Excellere Capital Fund II, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 1846800 | 2612551 |
| ForgePoint Cybersecurity Fund I, L.P. <sup>(b)(e)</sup> | 1/4/2024 | 522832 | 437894 |
| Francisco Partners V, L.P. <sup>(b)(d)(j)(e)</sup> | 1/31/2024 | 2162872 | 2490966 |
| Francisco Partners V-A, L.P. <sup>(b)(d)(e)</sup> | 1/4/2024 | 512038 | 560294 |
| Francisco Partners VI, L.P. <sup>(b)(d)(e)</sup> | 1/4/2024 | 2564650 | 3653783 |
| Francisco Partners VI-B, L.P. <sup>(b)(d)(e)</sup> | 10/1/2024 | 2130350 | 2507212 |
| FSN Capital Confluence L.P. <sup>(b)(d)(e)</sup> | 7/22/2024 | 5009889 | 8569128 |
| Gallant Capital Partners I-A, L.P. <sup>(b)(e)</sup> | 10/1/2024 | 1463400 | 1523083 |
| Genstar Capital Partners X, L.P. <sup>(b)(d)(e)</sup> | 1/3/2024 | 841172 | 967932 |
| GHO Capital Virtue, L.P. <sup>(b)(d)(e)</sup> | 4/21/2022 | 9471008 | 8812099 |
| GMB Mezzanine Capital II, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 208231 | 52598 |
| GMB Mezzanine Capital III, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 284541 | 435746 |
| Greycroft Partners II, L.P. <sup>(b)(d)(e)</sup> | 1/17/2024 | 90707 | 97838 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description (continued)** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| Hellman & Friedman Capital Partners VIII, L.P. <sup>(b)(d)(e)</sup> | 9/30/2021 | $13936850 | $11073842 |
| HGGC Fund II, L.P. <sup>(b)(d)(g)(e)</sup> | 9/30/2021 | 5099273 | 7268874 |
| HGGC Fund II, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 6298536 | 7050807 |
| HGGC Fund III, L.P. <sup>(b)(d)(e)</sup> | 9/30/2021 | 1874197 | 5032522 |
| Icon Partners III, L.P. <sup>(b)(d)(e)</sup> | 7/12/2021 | 4344895 | 4523 |
| Icon Partners IV B, L.P <sup>(b)(d)(e)</sup> | 7/12/2021 | 2253629 | 2463706 |
| Incline Equity Partners III, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 20913 | 30434 |
| Insight Venture Partners IX, L.P. <sup>(b)(d)(e)</sup> | 9/30/2021 | 23906977 | 18436655 |
| Institutional Venture Partners XVI, L.P. <sup>(b)(e)</sup> | 9/30/2021 | 2735394 | 1762495 |
| KKR North America Fund XI L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 2175064 | 2887858 |
| Kohlberg TE Investors X, L.P. <sup>(b)(e)</sup> | 7/31/2024 | 3363511 | 3629461 |
| Lakestar Growth I LP <sup>(b)(d)(e)</sup> | 9/30/2021 | 968453 | 1212839 |
| Lakestar I LP <sup>(b)(e)</sup> | 9/30/2024 | 70210 | 82990 |
| Lakestar III LP <sup>(b)(d)(e)</sup> | 9/30/2024 | 705736 | 551891 |
| Lightyear Fund IV, L.P. <sup>(b)(d)(g)(e)</sup> | 9/30/2021 | 6249340 | 8912583 |
| Linden Capital Partners II LP - Class A <sup>(b)(e)</sup> | 6/30/2025 | 3134623 | 3821696 |
| Linden Capital Partners IV, L.P. <sup>(b)(d)(j)(e)</sup> | 9/30/2023 | 7046707 | 11392081 |
| Longitude Venture Partners II, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 840932 | 1397249 |
| Mill City Fund II, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 2363152 | 2097223 |
| NB Eclipse Fund LP <sup>(b)(d)(e)</sup> | 9/30/2024 | 10938656 | 13593176 |
| New Mountain Partners IV, L.P <sup>(b)(d)(g)(e)</sup> | 9/30/2021 | 5283671 | 1949604 |
| New Mountain Partners V, L.P. <sup>(b)(d)(g)(e)</sup> | 9/30/2021 | 9948870 | 5555534 |
| New Mountain Partners VI, L.P. <sup>(b)(d)(e)</sup> | 1/4/2024 | 670913 | 963565 |
| NewView Capital Special Opportunities Fund III, LP <sup>(b)(d)(e)</sup> | 6/17/2024 | 10991734 | 13738485 |
| Odyssey Investment Partners V, L.P. <sup>(b)(d)(g)(e)</sup> | 9/30/2021 | 4319430 | 2103231 |
| Olympus Growth Fund VI, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 5529849 | 7758309 |
| Olympus Growth Fund VII, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 37232453 | 42568995 |
| One Rock Capital Partners, LP - Class B <sup>(b)(e)</sup> | 6/30/2025 | 3167057 | 3359476 |
| Paine Schwartz Food Chain Fund IV, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 5321184 | 6814972 |
| Pantheon Viking Co-Invest, L.P. <sup>(b)(d)(e)</sup> | 9/29/2023 | 5997985 | 8778712 |
| Platinum Equity Capital Partners III, L.P. - Cl B <sup>(b)(e)</sup> | 6/30/2025 | 656970 | 1015660 |
| Platinum Equity Capital Partners IV, L.P. <sup>(b)(d)(e)</sup> | 9/30/2021 | 9521475 | 7261896 |
| Quad-C Partners IX, L.P. <sup>(b)(d)(e)</sup> | 9/30/2021 | 7039052 | 9346351 |
| Ridgemont Equity Partners III, L.P. <sup>(b)(e)</sup> | 1/14/2025 | 1412976 | 1435942 |
| Searchlight Capital III PV, L.P. <sup>(b)(d)(e)</sup> | 9/30/2024 | 1430115 | 1786993 |
| Searchlight Captial CF SPK, L.P. <sup>(b)(d)(e)</sup> | 11/14/2023 | 9090351 | 12134760 |
| Silver Lake Alpine, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 1037379 | 1275445 |
| Silver Lake Alpine, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 8628633 | 10608800 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description (continued)** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| Silver Lake Partners V, L.P. <sup>(b)(d)(j)(e)</sup> | 9/1/2023 | $13017714 | $10260461 |
| Silver Oak CCS SPV, L.P. <sup>(b)(d)(e)</sup> | 12/20/2021 | 1974239 | 4015133 |
| SK Capital Partners III, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 3277093 | 3626313 |
| SK Capital Partners IV-A, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 5288456 | 6360908 |
| SPC Partners V, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 2593155 | 3357425 |
| Stepstone Capital Partners IV, L.P. <sup>(b)(d)(e)</sup> | 9/30/2021 | 1996064 | 2595353 |
| Summer Street Capital III, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 387352 | 545488 |
| SunTx Capital Partners II, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 1082691 | 2044564 |
| SunTx Capital Partners III, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 7021823 | 8981393 |
| Tailwind Capital Partners II, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 668845 | 78230 |
| Tenex Capital Partners III, L.P. <sup>(b)(d)(e)</sup> | 9/30/2024 | 1209975 | 1612950 |
| Thoma Bravo Fund XII, L.P. <sup>(b)(d)(j)(e)</sup> | 9/30/2023 | 10635968 | 5604936 |
| Thoma Bravo Fund XII-A, L.P. <sup>(b)(d)(e)</sup> | 1/4/2024 | 574828 | 511933 |
| Thoma Bravo Fund XIII, L.P. <sup>(b)(d)(e)</sup> | 9/30/2021 | 16805942 | 17387071 |
| Thoma Bravo Fund XIV-A, L.P. <sup>(b)(d)(e)</sup> | 1/4/2024 | 808304 | 924287 |
| Thoma Bravo Fund XV, L.P. <sup>(b)(d)(e)</sup> | 1/4/2024 | 702155 | 1015296 |
| Trinity Ventures 2024, L.P. <sup>(b)(e)</sup> | 12/20/2024 | 9188196 | 11863358 |
| Triton IV Continuation Fund SCSP <sup>(b)(d)(e)</sup> | 4/25/2023 | 6893322 | 10240219 |
| Triton IV US, L.P. <sup>(b)(d)(e)</sup> | 7/29/2024 | 718734 | 1649737 |
| Triton V, L.P. <sup>(b)(d)(e)</sup> | 4/2/2024 | 2869577 | 3964449 |
| TZP Capital Partners II, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 3383197 | 4518967 |
| TZP Capital Partners II, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 429138 | 573204 |
| TZP Capital Partners III, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 1991750 | 2732433 |
| TZP Capital Partners III, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 1898186 | 2604074 |
| TZP Small Cap Partners II, L.P. - Class A <sup>(b)(e)</sup> | 6/30/2025 | 3766039 | 5393423 |
| TZP Small Cap Partners II, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 1537462 | 2201831 |
| Venture Investors Early Stage Fund V LP - Cl B <sup>(b)(e)</sup> | 6/30/2025 | 657737 | 847617 |
| Vista Equity Partners Fund VII-A, L.P. <sup>(b)(e)</sup> | 12/31/2024 | 5548959 | 6368587 |
| Waud Capital Partners QP IV, L.P. <sup>(b)(d)(g)(e)</sup> | 12/31/2021 | 9958068 | 11647212 |
| Wind Point Partners AAV II, L.P. <sup>(b)(d)(e)</sup> | 7/28/2023 | 2579387 | 899800 |
| Wind Point Partners AAV, L.P. <sup>(b)(d)(e)</sup> | 7/8/2021 | 3044959 | 1339091 |
| Wind Point Partners VII-A, L.P. - Class B <sup>(b)(e)</sup> | 6/30/2025 | 212612 | 324866 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description (continued)** | **Acquisition**<br> **Date** | **Cost** | **Fair Value** |
| Wind Point Partners VIII-A, L.P. <sup>(b)(d)(g)(e)</sup> | 9/30/2021 | $2160705 | $4620868 |
| **Total Secondary Investments** |  | $**564207291** | $**620383105** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| **Primary Investments (5.46%)<sup>(e)</sup>** |  |  |  |
| Audax Private Equity Origins Fund I, L.P. <sup>(b)(d)(e)</sup> | 4/21/2022 | 5847910 | 4488761 |
| Bansk Fund I-B, L.P. <sup>(b)(d)(e)</sup> | 4/24/2023 | 10046332 | 15856089 |
| BharCap Partners II-B, L.P. <sup>(b)(e)</sup> | 4/14/2025 | 3115337 | 3299553 |
| Cynosure 2020 Co-Investment, LLC Series B <sup>(b)(g)(e)</sup> | 9/30/2021 | 924196 | 3290313 |
| Cynosure Partners III Offshore, L.P. <sup>(b)(e)</sup> | 12/27/2024 | 6606359 | 7030607 |
| FFL Parallel Fund V, L.P. <sup>(b)(d)(e)</sup> | 5/6/2022 | 9975436 | 11778373 |
| Gridiron Capital Fund V, L.P. <sup>(b)(d)(e)</sup> | 3/31/2023 | 6012981 | 6627931 |
| Norwest Mezzanine Partners, V, L.P. <sup>(b)(d)(e)</sup> | 9/29/2023 | 552659 | 515004 |
| One Equity Partners VIII, L.P. <sup>(b)(d)(e)</sup> | 4/5/2022 | 9368780 | 15226698 |
| WP COREalpha (Cayman) VII, L.P. <sup>(b)(d)(e)</sup> | 6/20/2024 | 354571 | 338208 |
| **Total Primary Investments** |  | $**52804561** | $**68451537** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Description** | **Acquisition <br> Date** | **Cost** | **Fair Value** |
| **Common Stock (0.00%)<sup>(e)</sup>** |  |  |  |
| ServiceTitan Inc. <sup>(b)(e)</sup> | 6/23/2025 | 34190 | 34190 |
| **Total Common Stock** |  | $**34190** | $**34190** |

---

---

| | | |
|:---|:---|:---|
| **Short-Term Investments (9.32%)** | **Cost** | **Fair Value** |
| Fidelity Treasury Fund, Daily Money Class, 3.67%<sup>(c),(k)</sup> | 767314 | 767314 |
| Goldman Sachs Financial Square Government Fund – Institutional Class, 4.21%<sup>(c),(k)</sup> | 112601752 | 112601752 |
| Vanguard Federal Money Market – Investor Class, 4.23%<sup>(c),(k)</sup> | 3367796 | 3367796 |
| Total | 116736862 | 116736862 |
| **Total Short-Term Investments** | $**116736862** | $**116736862** |
| **Total Investments (105.52%)** | $**1114757769** | $**1322496123** |
| **Liabilities In Excess of Other Assets (5.52%)** |  | **(69125291)** |
| **Net Assets (100.00%)** |  | $**1253370832** |

---

**Investment Abbreviations:**

SOFR- Secured Overnight Financing Rate

**Rates:**

3M U.S. SOFR - 3 Month SOFR as of June 30, 2025 was 4.29%

*<sup>(a)</sup>* *Level 3 securities fair valued under procedures established by the Trustees, represent 18.30% of Net Assets. The total value of these securities is $229,411,235.*

*<sup>(b)</sup>* *Investments have no redemption provisions, are issued in private placement transactions and are restricted as to resale. For investments that were acquired through multiple transactions, the acquisition date represents the initial acquisition date of the Fund's investment in the position. Total fair value of restricted securities amounts to $1,205,759,261, which represents 96.20% of net assets as of June 30, 2025.*

*<sup>(c)</sup>* *Income producing security.*

*<sup>(d)</sup>* *Investment has been committed to but has not been fully funded by the Fund at June 30, 2025. See the attached notes for total unfunded investment commitments.*

*<sup>(e)</sup>* *Non-income producing security.*

*<sup>(f)</sup>* *The Fund owns 500,000 Class A units.*

*<sup>(g)</sup>* *All or a portion of this security is custodied with MVP Private Markets Fund (S), LLC at June 30, 2025.*

*<sup>(h)</sup>* *Investment does not allow redemptions or withdrawals except at discretion of its general partner, manager or advisor.*

*<sup>(i)</sup>* *The Fund owns 4,545,455 subscriber units.*

*<sup>(j)</sup>* *All or a portion of this security is custodied with MVP Private Markets Sub-Fund, LLC at June 30, 2025.*

*<sup>(k)</sup>* *The rate shown is the annualized 7-day yield as of June 30, 2025.*

*\** *All securities are domiciled in the United States.*

 

*See Notes to Quarterly Schedule of Investments.*

FS MVP Private Markets Fund

Notes to Consolidated Schedule of Investments

June 30, 2025 (Unaudited)

*The information contained in this section should be read in conjunction with the Fund's audited consolidated financial statements contained in its annual report for the fiscal year ended March 31, 2025.*

PORTFOLIO VALUATION

ASC 820 defines fair value as the value that the Fund would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent buyer in the principal market, or in the absence of a principal market, the most advantageous market for the investment or liability. ASC 820 establishes a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in valuing the asset or liability developed based on the best information available in the circumstances. Each investment is assigned a level based upon the observation of the inputs which are significant to the overall valuation.

The three-tier hierarchy of inputs is summarized below:

Level 1 — unadjusted quoted prices in active markets for identical financial instruments that the reporting entity has the ability to access at the measurement date.

---

| | |
|:---|:---|
| Level 2 — | inputs other than quoted prices included within Level 1 that are observable for the financial instrument, either directly or indirectly. Level 2 inputs also include quoted prices for similar assets and liabilities in active markets, and quoted prices for identical or similar assets and liabilities in markets that are not active. |

---

Level 3 — significant unobservable inputs for the financial instrument (including management's own assumptions in determining the fair value of investments).

Investments in Portfolio Funds are recorded at fair value, using the Investment Funds' NAV as a "practical expedient," in accordance with ASC 820.

The private equity Portfolio Funds generally are restricted securities that are subject to substantial holding periods and are not traded in public markets. The Fund may not be able to resell some of its investments for extended periods, which may be several years. The Fund may invest in primary and secondary investments. Primary investments are investments in newly established private equity funds. Secondary investments are investments in existing private equity funds that are acquired in privately negotiated transactions.

The Fund calculates its net asset value as of the close of business on the last business day of each month, each date that a Share is offered or repurchased, as of the date of any distribution and at such other times as the Board shall determine (each, a "Determination Date"). In determining its net asset value, the Fund values its investments as of the relevant Determination Date. The net asset value of the Fund equals, unless otherwise noted, the value of the total assets of the Fund, less all of its liabilities, including accrued fees and expenses, each determined as of the relevant Determination Date. The net asset value of Class A Shares, Class I Shares and Class D Shares will be calculated separately based on the fees and expenses applicable to each class. It is expected that the net asset value of Class A Shares, Class I Shares and Class D Shares will vary over time due to the different fees and expenses applicable to each class.

The Board has approved valuation procedures for the Fund (the "Valuation Policy"), and has approved the delegation of the day-to-day work of determining fair values and pricing responsibility for the Fund to the Adviser as the Fund's Valuation Designee, subject to the oversight of the Board. The valuation of the Fund's investments is performed in accordance with Financial Accounting Standards Board's Accounting Standards Codification 820 — Fair Value Measurements and Disclosures.

The Valuation Policy provides that the Fund will value its Fund Investments at fair value.

Assets and liabilities initially expressed in foreign currencies will be converted into U.S. dollars using foreign exchange rates provided by a recognized pricing service.

Securities traded on one or more of the U.S. national securities exchanges, the Nasdaq Stock Market or any foreign stock exchange will be valued based on their respective market price, subject to adjustment based on potential restrictions on the transfer or sale of such securities.

Debt instruments for which market quotations are readily available are typically valued based on such market quotations. In validating market quotations, the Valuation Designee considers different factors such as the source and the nature of the quotation and trading volume in order to determine whether the quotation represents fair value. The Adviser makes use of reputable financial information providers in order to obtain the relevant quotations.

For debt and equity securities which are not publicly traded or for which market prices are not readily available (unquoted investments) the fair value is determined in good faith. In determining the fair values of Direct Investments, the Valuation Designee will typically apply widely recognized market and income valuation methodologies including, but not limited to, earnings and multiple analysis, discounted cash flow method and third-party valuations. In order to determine a fair value, these methods are applied to the latest information provided by the relevant Portfolio Companies or other business counterparties.

Secondary Investments and Primary Investments in Portfolio Funds are generally valued based on the most recent net asset value reported by the associated Sponsor taking into account the subsequent cash flow activity with respect thereto as set forth below, provided that if the Valuation Designee concludes in good faith that the most recent net asset value reported by a Sponsor does not represent fair value, the Valuation Designee will make a corresponding adjustment to reflect the current fair value of such Portfolio Fund. In determining the fair value of assets held by Portfolio Funds, the Valuation Designee applies valuation methodologies as outlined above. Any cash flows since the reference date of the last net asset value for a Portfolio Fund received by the Fund from a Sponsor until the Determination Date are recognized by (i) adding the nominal amount of the investment related capital calls and (ii) deducting the nominal amount of investment related distributions from the net asset value as reported by the Sponsor.

Notwithstanding the above, Sponsors may adopt a variety of valuation bases and provide differing levels of information concerning Portfolio Funds and other investments and there will generally be no liquid markets for such investments. Consequently, there are inherent difficulties in determining the fair value that cannot be eliminated. The Valuation Designee will not be able to confirm independently the accuracy of valuations provided by the Sponsors (which are generally unaudited).

Determining the fair value of investments for which market values are not readily available is necessarily subject to incomplete information, reporting delays and many subjective judgments; accordingly, fair value determinations made by the Valuation Designee should be considered as estimates. Due to the inherent uncertainty involved in such determinations, the reported fair value of these investments may fluctuate from period to period. In addition, such fair value may differ materially from the values that may have been used had a ready market existed for such investments and may significantly differ from the value ultimately realized by the Fund.

Expenses of the Fund, including the Investment Management Fee, are accrued on a monthly basis on the Determination Date and taken into account for the purpose of determining the Fund's NAV.

The following table represents the inputs used to value the investments at fair value on the Consolidated Statement of Assets and Liabilities within the valuation hierarchy as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities at Value** | **Level 1 - Quoted Prices** | **Level 2 - Significant**<br> **Observable Inputs** | **Level 3 - Significant**<br> **Unobservable Inputs** | **Total** |
| Direct Equity | $– | $– | $173083642 | $460562836 |
| Direct Credit |  |  | 56327593 | 56327593 |
| Secondary Investments |  |  |  | 620383105 |
| Primary Investments |  |  |  | 68451537 |
| Common Stock | 34190 |  |  | 34190 |
| Short Term Investments | 116736862 | – | – | 116736862 |
| Total | $116771052 | $– | $229411235 | $1322496123 |

---

***\**** *Refer to the Fund's Schedule of Investments for a listing of securities by type.*

Direct Equity, Primary Investments and Secondary Investments are fair valued using net asset value (or its equivalent) as a practical expedient are not included in the fair value hierarchy. As such, investments in securities with a fair value of $976,313,836 are excluded from the fair value hierarchy as of June 30, 2025.

The following is a reconciliation of investments for which significant unobservable inputs (Level 3) were used in determining fair value:

---

| | | | |
|:---|:---|:---|:---|
| | **Direct Credit** | **Direct Equity** | **Total** |
| Balance as of March 31, 2025 | $56666827 | $161064872 | $217731699 |
| &nbsp;&nbsp;&nbsp;Accrued discount/ premium | (44534) |  | (44534) |
| &nbsp;&nbsp;&nbsp;Return of Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;Realized Gain/(Loss) | 6015 |  | 6015 |
| &nbsp;&nbsp;&nbsp;Change in Unrealized Appreciation/(Depreciation) | 235902 | 12018770 | 12254672 |
| &nbsp;&nbsp;&nbsp;Purchases | 249084 |  | 249084 |
| &nbsp;&nbsp;&nbsp;Sales Proceeds | (785701) |  | (785701) |
| &nbsp;&nbsp;&nbsp;Transfer into Level 3 | – | – | – |
| Balance as of June 30, 2025 | $56327593 | $173083642 | $229411235 |
| Net change in unrealized appreciation/(depreciation) attributable to Level 3 investments held at June 30, 2025 | $235902 | $12018770 | $12254672 |

---

The following table presents additional quantitative information about valuation methodologies and inputs used for investments that are measured at fair value and categorized within Level 3 as of June 30, 2025:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Asset Class** | **Fair Value at June 30, 2025** | **Valuation Techniques** | **Unobservable Input** | **Range of Input** | **Weighted Average**<br> **of Input** | | **Impact to Valuation from an Increase in Input** |
| Direct Credit | $38287225 | Relative Value Analysis | Yield to Maturity | 7.0%-21.7% | 14.3 | % | Decrease |
| Direct Credit | 18040368 | Recent transaction | N/A | N/A | N/A |  | N/A |
| Direct Equity | 173083642 | Market Comparable Companies | EBITDA Multiple | 7.5x - 16.0x | 11.7 | x | Increase |

---

The Fund's investments in Portfolio Funds, along with their corresponding unfunded commitments and other attributes, as of June 30, 2025, are briefly summarized in the table below.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Financing Stage** | **Investment Strategy** | **Fair Value** | **Unfunded Commitments** | **Remaining Life** | **Redemption Frequency** | **Notice Period (In Days)** | **Redemption Restriction Terms** |
| Buyout | Control investments in established companies | $861740390 | $123920953 | Up to 10 Years |  | N/A | N/A |
| Growth Capital | Non-control investments in established companies with strong growth characteristics | 79357451 | 6377431 | Up to 10 Years |  | N/A | N/A |
| Special Situations/ Other | Investments in mezzanine, distressed debt, energy/utility and turnarounds | 17043956 | 2960613 | Up to 10 Years |  | N/A | N/A |

---

 

*\** *The information summarized in the table above represents the general terms for the specified financing stage. Individual Portfolio Funds may have terms that are more or less restrictive than those terms indicated for the asset class as a whole. In addition, most Portfolio Funds have the flexibility, as provided for in their constituent documents, to modify and waive such terms.*

Private equity is a common term for investments that typically are made in non-public companies through privately negotiated transactions. Private equity investors generally seek to acquire quality assets at attractive valuations and use operational expertise to enhance value and improve portfolio company performance. Buyout funds acquire private and public companies, as well as divisions of larger companies. Private equity specialists then seek to uncover value-enhancing opportunities in portfolio companies, unlock the value of the portfolio company and reposition it for sale at a multiple of invested equity.

The following outlines the primary investment strategies of the Portfolio Funds held by the Fund as of June 30, 2025.

**Buyouts:** Control investments in established, cash flow positive companies are usually classified as buyouts. Buyout investments may focus on small-, mid- or large-capitalization companies, and such investments collectively represent a substantial majority of the capital deployed in the overall private equity market. The use of debt financing, or leverage, is prevalent in buyout transactions—particularly in the large-cap segment.

**Growth Capital** **:** Investments in new and emerging companies are usually classified as venture capital. Such investments are often in technology, healthcare or other high growth industries.

**Special Situations:** A broad range including mezzanine, distressed debt, energy/utility investments and turnarounds.

Types of private equity investments that the Fund may make include:

*Primary Investments.* Primary investments are interests or investments in newly established private equity funds. Primary investors subscribe for interests during an initial fundraising period, and their capital commitments are then used to fund investments in a number of individual operating companies during a defined investment period.

 

*Secondary Investments.* Secondary investments are interests in existing private equity funds that are acquired in privately negotiated transactions, typically after the end of the private equity fund's fundraising period.

*Direct Investments.* Direct investments involve taking an interest in securities issued by an operating company, whether equity or credit. Direct equity investments generally involve new owners taking a material stake in the target company, frequently a controlling interest, and exercising significant influence on the growth and development of the company through work with the company's management and board of directors. Direct credit investments often represent financing for buyout or growth investments and may have various features and covenants designed to protect the lender's interests; such investments may include both secured and unsecured loans, bonds and/or other forms of debt. Direct investments may vary in duration, but usually are exited within two to six years.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** FS MVP Private Markets Fund

- **b. Investment Company Act file number:** 811-23656

- **c. CIK number of Registrant:** 0001856156

- **d. LEI of Registrant:** 9845006EA4ADD61C2H27

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 9 OLD KINGS HIGHWAY

  - **City:** DARIEN

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06820

  - **Telephone number:** 2036623456

**Item A.2. Information about the Series.**

- **a. Name of Series:** FS MVP Private Markets Fund

- **c. LEI of Series:** 9845006EA4ADD61C2H27

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1264038151.62

**Total Liabilities:** $10667319.24

**Net Assets:** $1253370832.38

**Delayed Delivery Securities:** $131191003.41

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.40%                | 0.24%                | 2.38%                |
| Class ID N/A | 0.54%                | 0.23%                | 2.47%                |
| Class ID N/A | 0.47%                | 0.23%                | 2.49%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3732314.65              | $3379690.70                                |
| Month 2  | $6707731.93              | $-4159008.35                               |
| Month 3  | $8879572.70              | $35406868.21                               |

### Schedule of Portfolio Investments

| Name                                           | Title                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   | Balance   | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| N/A                                            | Platinum Equity Capital Partners IV, L.P.                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $7261896.00   | 0.58%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Beta Plus Technologies, Inc., TL                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 4874687   | PA      | $4232435.56   | 0.34%             | 2029-07-02      | Floating      | 11.14%                | No            | 3                  | On Loan: No      |
| N/A                                            | Longitude Venture Partners II, L.P. - Class B            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1397248.53   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | TRF Sagebrush Co-Invest, L.P.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $13679520.00  | 1.09%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Beacon Oral Specialist                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 7296131   | PA      | $7277993.21   | 0.58%             | 2025-12-14      | Floating      | 5.65%                 | No            | 3                  | On Loan: No      |
| N/A                                            | Centerbridge Capital Partners IV, L.P. - Class B         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2505158.03   | 0.20%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Trinity Ventures 2024, L.P.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $11863357.83  | 0.95%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Arlington Capital Partners III, L.P. - Class B           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $681118.48    | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Cynosure Partners III Offshore, LP                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $7030606.79   | 0.56%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Triton V, L.P.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | GB        |  | OU      | $3964448.85   | 0.32%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Francisco Partners V, L.P.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2404724.52   | 0.19%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Gallant Capital Partners I-A, L.P.                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1523083.00   | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | 3BC Matrix LP, LLC                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $9950000.00   | 0.79%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | V-Sky Co-Investment Aggregator II, L.P.                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4991407.00   | 0.40%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | EnCap Energy Capital Fund VIII-B, L.P. - Class B         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2819520.08   | 0.22%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Centerbridge Capital Partners III, L.P.                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Centerbridge Capital Partners III, L.P.                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2027834.00   | 0.16%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | MDME Holdings, LLC                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $43597.98     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | Battery Ventures XI-A, L.P. - Class A                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $730248.22    | 0.06%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ABRY Heritage Partners II, L.P.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $486692.33    | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | RCP Nats Co-Investment Fund, L.P.                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $17142857.00  | 1.37%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Silver Lake Partners V, L.P.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $9019229.65   | 0.72%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Lakestar Growth I LP                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | CH        |  | OU      | $1212838.51   | 0.10%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Truelink Atlas, L.P.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $7500000.00   | 0.60%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | FFL Parallel Fund V, L.P.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $11778373.00  | 0.94%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | SK Capital Partners III, L.P. - Class B                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3626312.79   | 0.29%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Bain Capital Venture 2014, L.P.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $941519.79    | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Audax Private Equity Origins Fund I, L.P.                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4488760.66   | 0.36%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Orthodontic Partner LLC DDTL4                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 941681    | PA      | $927555.30    | 0.07%             | 2027-10-12      | Floating      | 11.90%                | No            | 3                  | On Loan: No      |
| N/A                                            | Thoma Bravo Fund XV, L.P.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1015295.80   | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | GMB Mezzanine Capital II, L.P. - Class A                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $52598.06     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Waud Capital Partners QP IV, L.P.                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $11647212.34  | 0.93%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Vanguard Federal Money Market                            | CUSIP: 922906300<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 3367796   | NS      | $3367795.65   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                            | Ares Corporate Opportunities Fund IV, L.P. - Cl B        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1809817.33   | 0.14%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ABRY Partners IX, L.P. #2                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4609258.13   | 0.37%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | EnCap Flatrock Midstream Fund III, L.P. - Class A        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3690114.58   | 0.29%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | TPG Growth V Deacon, L.P.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $11499127.00  | 0.92%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Francisco Partners V-A, L.P.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $560294.35    | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Ridgemont Equity Partners III, L.P.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1435942.14   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Battery Ventures XI-A Side Fund, L.P. - Class B          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2105670.41   | 0.17%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | SunTx Capital Partners III, L.P. - Class A               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8981392.96   | 0.72%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | SPC Totalmed, LLC                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5117243.43   | 0.41%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Edgewater Growth Capital Partners III, L.P. - Cl B       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1841309.48   | 0.15%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | NAS, LLC                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 8531463   | PA      | $8511550.57   | 0.68%             | 2026-04-01      | Floating      | 10.93%                | No            | 3                  | On Loan: No      |
| N/A                                            | Icon Partners IV B, L.P                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2463706.03   | 0.20%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | CSC Tau Co-Invest Aggregator, LP                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $15000000.00  | 1.20%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ABRY Partners VIII, L.P.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $383266.80    | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Thoma Bravo Fund XII, L.P.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5604935.89   | 0.45%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | COREalpha Private Equity Partners Co-Investment          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $676578.00    | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Apse Capital II L.P.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | GB        |  | OU      | $23066702.36  | 1.84%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | GHO Capital Virtue, L.P.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8812099.13   | 0.70%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Silver Lake Alpine, L.P. - Class A                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1275444.80   | 0.10%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Insight Venture Partners IX, L.P.                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $18436654.75  | 1.47%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | NS UPS Investment LLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2067045.00   | 0.16%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Berkshire Fund VIII, L.P.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2458063.48   | 0.20%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Aero Operating, LLC                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 6667858   | PA      | $6465911.57   | 0.52%             | 2026-02-07      | Floating      | 13.45%                | No            | 3                  | On Loan: No      |
| N/A                                            | ForgePoint Cybersecurity Fund I, L.P.                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $437893.64    | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | GMB Mezzanine Capital III, L.P. - Class A                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $435745.73    | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Greycroft Partners II, L.P.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $97838.23     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Road Tested Parts, LLC TL                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 1961860   | PA      | $1639357.18   | 0.13%             | 2026-08-17      | Floating      | 11.97%                | No            | 3                  | On Loan: No      |
| N/A                                            | Thoma Bravo Fund XIV-A, L.P.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $924287.50    | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | TPG Growth V Walkabout CI, L.P.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10130067.00  | 0.81%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ABRY Partners IX, L.P.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $18351389.33  | 1.46%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ETE Intermediate II, LLC RC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 267857    | PA      | $264709.77    | 0.02%             | 2029-05-26      | Floating      | 11.69%                | No            | 3                  | On Loan: No      |
| N/A                                            | EQT VIII (No.1) SCSp                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | LU        |  | OU      | $4145911.98   | 0.33%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Incline V RKD Co-Invest A, L.P.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $13343990.00  | 1.06%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | HGGC Fund II, L.P. - Class A                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $7050807.01   | 0.56%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | SPC Partners V, L.P. - Class B                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3357424.53   | 0.27%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Incline Equity Partners III, L.P. - Class B              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $30434.33     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ABRY Partners VI, L.P.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | New Mountain Partners VI, L.P.                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $963565.00    | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Francisco Partners V, L.P.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $86240.67     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | NCS Investment, LP                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10000000.00  | 0.80%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ServiceTitan Inc                                         | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        | 319       | NS      | $34190.42     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                            | Mill City Fund II, L.P. - Class B                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2097223.03   | 0.17%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | HGGC Fund II, L.P.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $7268874.00   | 0.58%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | North Acquisition LLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 6344515   | PA      | $6158687.97   | 0.49%             | 2027-07-27      | Floating      | 9.13%                 | No            | 3                  | On Loan: No      |
| N/A                                            | Francisco Partners VI, L.P.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3653783.00   | 0.29%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Berkshire Fund IX, L.P.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $14074348.00  | 1.12%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Silver Lake Partners V, L.P.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1241230.73   | 0.10%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Brentwood Associates Private Equity V-A, L.P.Cl B        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $11104234.08  | 0.89%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Linden Capital Partners II LP - Class A                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3821696.02   | 0.30%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Lightyear Fund IV, L.P.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8912583.00   | 0.71%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Icon Partners III, L.P.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4523.00      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | KKR North America Fund XI L.P. - Class B                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2887857.62   | 0.23%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Battery Ventures XI-A, L.P. - Class B                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3713766.78   | 0.30%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | CP III NSW Co-Investment B, LLC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3825484.00   | 0.31%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ETE Intermediate II, LLC TL                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 2187500   | PA      | $2161796.51   | 0.17%             | 2029-05-26      | Floating      | 9.58%                 | No            | 3                  | On Loan: No      |
| N/A                                            | WP COREalpha (Cayman) VII LP                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $338208.00    | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Bain Capital Venture 2016, L.P.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4702736.00   | 0.38%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Lakestar I LP                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | CH        |  | OU      | $82990.35     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | TZP Small Cap Partners II, L.P. - Class A                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5393422.88   | 0.43%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Bain Capital Venture 2007, L.P.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $482147.00    | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Olympus Growth Fund VII, L.P. - Class A                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $42568995.00  | 3.40%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Thoma Bravo Fund XIII, L.P.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $17387071.10  | 1.39%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Pantheon Viking Co-Invest, L.P.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8778711.91   | 0.70%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | SCP FCA Investments, LLC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $11701895.00  | 0.93%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | EnCap Energy Capital Fund IX, L.P. - Class A             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2235058.47   | 0.18%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | NewView Capital Special Opportunities Fund III, LP       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $13738484.65  | 1.10%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Greenbriar Coinvest WPS, L.P.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5252091.00   | 0.42%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Gainline Tubing Co-Investment Holdings LLC               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5960834.00   | 0.48%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Genstar Capital Partners X, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $967932.09    | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | V-Co-Invest IV, L.P.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5019952.00   | 0.40%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | MDME Incremental T/L                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 533459    | PA      | $464837.33    | 0.04%             | 2027-08-03      | Floating      | 11.00%                | No            | 3                  | On Loan: No      |
| N/A                                            | Battery Ventures XII Side Fund, L.P.                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3937486.00   | 0.31%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Tailwind Capital Partners II, L.P. - Class A             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $78230.11     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | COP Lawn Services Inv, LLC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $15977075.88  | 1.27%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | Odyssey Investment Partners V, L.P.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2103231.33   | 0.17%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | HGGC Fund III, L.P.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5032522.00   | 0.40%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Platinum Equity Capital Partners III, L.P. - Cl B        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1015659.84   | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | BVIP Fund VIII, L.P. - Class A                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $855028.98    | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Bison Capital Partners IV, L.P. - Class B                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2783797.74   | 0.22%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Quad-C Partners IX, L.P.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $9346351.00   | 0.75%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Fidelity Treasury Fund                                   | CUSIP: 233809201<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 767315    | NS      | $767314.59    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                            | Wind Point Partners AAV, L.P.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1339091.00   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Battery Ventures XII, L.P.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8548842.00   | 0.68%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Netrix, LLC                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 1553307   | PA      | $1523508.10   | 0.12%             | 2026-07-31      | Floating      | 14.03%                | No            | 3                  | On Loan: No      |
| N/A                                            | Bain Capital Fund X, L.P.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $82230.08     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Erie Construction Mid-West, LLC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 849954    | PA      | $849953.90    | 0.07%             | 2027-07-30      | Floating      | 10.15%                | No            | 3                  | On Loan: No      |
| N/A                                            | TZP Capital Partners II, L.P. - Class A                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4518966.80   | 0.36%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Spectrum Vision                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 5569771   | PA      | $5559617.86   | 0.44%             | 2025-11-17      | Floating      | 6.07%                 | No            | 3                  | On Loan: No      |
| N/A                                            | Searchlight Captial CF SPK, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $12134760.00  | 0.97%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Kohlberg TE Investors X, L.P.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3629461.00   | 0.29%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | FSN Capital Confluence L.P.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | NO        |  | OU      | $8569127.91   | 0.68%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | EnCap Flatrock Midstream Fund II, L.P. - Class A         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $898658.43    | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Searchlight Capital III PV, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1786993.00   | 0.14%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | EQT VII (No. 1) Limited Partnership                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | LU        |  | OU      | $2510958.09   | 0.20%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | BA Hissho Blocker, LLC                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8047096.00   | 0.64%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | Excellere Capital Fund II, L.P. - Class B                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2612551.05   | 0.21%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ABRY Partners VII, L.P.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $128114.84    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Tenex Capital Partners III, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1612950.00   | 0.13%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Blue Point Capital Partners III, L.P. - Class B          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1320761.18   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Cynosure Partners 2020 Co-Investment, LLC                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3290313.00   | 0.26%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Calera XXV, LLC                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8087843.00   | 0.65%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | TZP Capital Partners III, L.P. - Class A                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2732432.85   | 0.22%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Wind Point Partners VII-A, L.P. - Class B                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $324866.19    | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | American Securities VII                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $22540848.90  | 1.80%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Marlin Equity V, L.P. - Class B                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1941449.60   | 0.15%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | AeriTek Global Parent LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $7500000.00   | 0.60%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Warrior Ultimate Holdings, LLC                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $6500000.00   | 0.52%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | RCP Monte Nido Co-Investment Fund, L.P.                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4152155.36   | 0.33%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | Calera Capital Partners VI C4 Blocked AIV, L.P.          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3356819.00   | 0.27%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | TZP Capital Partners III, L.P. - Class B                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2604073.89   | 0.21%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | CIP Bland Landscaping Holdings MF SPV, LLC               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10603026.07  | 0.85%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Bregal Unternehmerkapital III-A SCSp                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | LU        |  | OU      | $1556810.11   | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Institutional Venture Partners XVI, L.P.                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1762494.87   | 0.14%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Venture Investors Early Stage Fund V LP - Cl B           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $847616.65    | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | CV HoldCO, LLC                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10551261.06  | 0.84%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | MiddleGround Royal Palm Co-Invest Partners, L.P.         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $17104180.00  | 1.36%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Silver Oak CCS SPV, L.P.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4015133.00   | 0.32%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Bain Capital Venture 2005, L.P.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $26656.00     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Circle Investco Limited.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | GB        |  | OU      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Biloxi Co-Investment Partners, L.P.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $6433301.00   | 0.51%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Silver Lake Alpine, L.P. - Class B                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10608800.10  | 0.85%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Lakestar III LP                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | CH        |  | OU      | $551891.20    | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | CP III NSW Co-Investment A, LLC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8111386.00   | 0.65%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Vista Equity Partners Fund VII-A, L.P.                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $6368587.00   | 0.51%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | NB Eclipse Fund LP                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $13593176.00  | 1.08%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | TZP Small Cap Partners II, L.P. - Class B                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2201831.33   | 0.18%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | CMS Group Holdings, LLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 4707500   | PA      | $4642946.08   | 0.37%             | 2026-11-18      | Floating      | 24.66%                | No            | 3                  | On Loan: No      |
| N/A                                            | Bain Capital Venture 2012, L.P.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $767676.00    | 0.06%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Ridgemont Equity Partners Coinvest III AGP Blocker, L.P. | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $14545456.00  | 1.16%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | MML Partnership Capital VII S.C.Sp.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $11911562.24  | 0.95%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | Wind Point Partners AAV II, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $899800.00    | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | OEP VIII Project Vector Co-Investment Partners, L.P.     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $16802981.00  | 1.34%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | One Equity Partners VIII-A, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $15226697.45  | 1.21%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | North Acquisition, LLC                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $217586.00    | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Bansk Fund I-B, L.P.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $15856089.00  | 1.27%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Marlin Equity V, L.P. - Class A                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1274595.40   | 0.10%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | MFG Partners Mellott Fund A, LLC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $6656976.00   | 0.53%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | Paine Schwartz Food Chain Fund IV, L.P. - Class B        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $6814972.07   | 0.54%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | MiddleGround Checker Co-Invest Partners, L.P.            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $7568996.36   | 0.60%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | MDME Holdings, LLC                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 4358719   | PA      | $3798037.06   | 0.30%             | 2027-08-03      | Floating      | 5.85%                 | No            | 3                  | On Loan: No      |
| N/A                                            | Gridiron Capital Fund V, L.P.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $6627931.00   | 0.53%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Linden Capital Partners IV, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3163244.36   | 0.25%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | One Rock Capital Partners, LP - Class B                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3359476.27   | 0.27%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Thoma Bravo Fund XII-A, L.P.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $511932.75    | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Centerbridge Capital Partners III, L.P. - Class B3       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10092202.00  | 0.81%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Blue Point Capital Partners III, L.P. - Class A          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $419535.22    | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | COREalpha Private Equity Partners Co-Investment          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3965038.00   | 0.32%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Linden Capital Partners IV, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8228836.47   | 0.66%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Centerbridge Capital Partners III, L.P. - Class B4       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3819463.07   | 0.30%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Bain Capital Venture Coinvestment Fund L.P.              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $240334.39    | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ABRY Partners VIII (Cayman AIV), L.P.                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $112665.69    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Olympus Growth Fund VI, L.P. - Class B                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $7758309.00   | 0.62%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | TZP Capital Partners II, L.P. - Class B                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $573203.99    | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Triton IV Continuation Fund SCSP                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10240218.86  | 0.82%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | NS UPS A LLC                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5331497.00   | 0.43%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Accel-KKR Capital Partners CV IV Strategic Fund, L.P.    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5729664.00   | 0.46%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | North Haven Capital Partners VIII-A LP                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1341892.00   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Stepstone Capital Partners IV, L.P.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2595353.00   | 0.21%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Centerbridge Capital Partners III, L.P. - Class B2       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4854736.00   | 0.39%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Baird Capital Partners V Limited Partnership Cl B        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $30144.50     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | WCI-BXC Investment Holdings L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $13017190.00  | 1.04%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Francisco Partners VI-B, L.P.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2507212.00   | 0.20%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ABRY Heritage Partners, L.P.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $634277.70    | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Triton IV US, L.P.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | GB        |  | OU      | $1649736.81   | 0.13%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | New Mountain Partners V, L.P.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $5555534.00   | 0.44%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | BharCap Partners II-B, LP                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $3299553.45   | 0.26%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | SunTx Capital Partners II, L.P. - Class B                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $2044563.67   | 0.16%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Norwest Mezzanine Partners, V, L.P.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $515004.19    | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | New Mountain Partners IV, L.P                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1949604.00   | 0.16%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ABRY Heritage Partners (Cayman AIV), L.P.                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund           | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        | 112601752 | NS      | $112601752.09 | 8.98%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                            | Charlesbank Equity Fund IX, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10244586.00  | 0.82%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | BVIP Fund VIII, L.P. - Class B                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $1131684.28   | 0.09%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Summer Street Capital III, L.P. - Class B                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $545488.42    | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Orthodontic Partners, LLC DDTL                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        | 1876848   | PA      | $1848695.37   | 0.15%             | 2027-10-12      | Floating      | 11.98%                | No            | 3                  | On Loan: No      |
| N/A                                            | Medical Device Opportunities S.C.A.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $8452901.89   | 0.67%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | Wind Point Partners VIII-A, L.P.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $4620868.00   | 0.37%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | ASP Arcadia Co-Invest LP                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $7380276.00   | 0.59%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Battery Ventures XI-A Side Fund, L.P. - Class A          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $807519.59    | 0.06%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | Hellman & Friedman Capital Partners VIII, L.P.           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $11073842.00  | 0.88%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | SK Capital Partners IV-A, L.P. - Class B                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $6360907.69   | 0.51%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | IEM Parent, LP                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $92745560.00  | 7.40%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                            | Charger Investment Partners, L.P.                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10796077.00  | 0.86%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                            | AEP Galaxy-A, L.P.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  | OU      | $10037276.00  | 0.80%             |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** FS MVP Private Markets Fund

**Signature:** Dan Iamiceli

**Name of Signer:** Dan Iamiceli

**Title:** Treasurer