# EDGAR Filing Document

**Accession Number:** 0001957121
**File Stem:** 0001213900-26-002756
**Filing Date:** 2026-1
**Character Count:** 8740
**Document Hash:** e829959811aef139f52809b1241c68ca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-002756.hdr.sgml**: 20260109

**ACCESSION NUMBER**: 0001213900-26-002756

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

**PUBLIC DOCUMENT COUNT**: 12

**FILED AS OF DATE**: 20260109

**DATE AS OF CHANGE**: 20260109

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Felicitas Private Markets Fund
- **CENTRAL INDEX KEY:** 0001957121

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94451
- **FILM NUMBER:** 26521653

**BUSINESS ADDRESS:**
- **STREET 1:** 235 W. GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2200

**MAIL ADDRESS:**
- **STREET 1:** 235 W. GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Felicitas Private Markets Fund
- **CENTRAL INDEX KEY:** 0001957121

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

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

**BUSINESS ADDRESS:**
- **STREET 1:** 235 W. GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2200

**MAIL ADDRESS:**
- **STREET 1:** 235 W. GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

UNITED STATES SECURITIES AND EXCHANGE COMMISSION<br> WASHINGTON, DC 20549

SCHEDULE TO

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

FINAL AMENDMENT

FELICITAS PRIVATE MARKETS FUND

(Name of Subject Company (Issuer))

FELICITAS PRIVATE MARKETS FUND

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

CLASS Y SHARES OF BENEFICIAL INTEREST<br> (Title of Class of Securities)

31431P108<br> (CUSIP Number of Class of Securities)

Ann Maurer<br> 235 West Galena Street<br> Milwaukee, WI 53212<br> (Name and Address of Agent for Service)

With a copy to:<br> Joshua B. Deringer, Esq.

Faegre Drinker Biddle & Reath LLP

One Logan Square, Ste. 2000

Philadelphia, PA 19103-6996

(215) 988-2700

August 20, 2025

(Date Tender Offer First Published,<br> Sent or Given to Security Holders)

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

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

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

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

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

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

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

This final amendment relates to the Issuer Tender Offer Statement on Schedule TO (the "Statement") originally filed with the Securities and Exchange Commission on August 20, 2025 by Felicitas Private Markets Fund (the "Fund") in connection with an offer (the "Offer") by the Fund to repurchase shares of beneficial interest in the Fund ("Shares") in an aggregate amount up to $5,538,026 on the terms and subject to the conditions set out in the Offer to Purchase and the related Letter of Transmittal. Copies of the Offer to Purchase and the Letter of Transmittal were previously filed as Exhibits 99.B and 99.C to the Statement on August 20, 2025.

This is the final amendment to the Statement and is being filed to report the results of the Offer. The following information is furnished pursuant to Rule 13e-4(c)(4):

1. Holders of Shares in the Fund ("Shareholders") that desired to tender Shares, or a portion thereof, for purchase were required to submit their tenders by 11:59 p.m., Eastern Time, on September 17, 2025.

2. Valuation Date of the Shares tendered pursuant to the Offer was September 30, 2025.

3. The net asset value of the Shares tendered pursuant to the Offer was calculated as of September 30, 2025 in the amount of $4,428,976 for Class Y.

4. The payment of the purchase price of the Shares or portions of Shares tendered was made in the form of promissory notes issued to the Shareholders whose tenders were accepted for purchase by the Fund in accordance with the terms of the Offer. The promissory notes were held by UMB Fund Services, Inc., the Fund's administrator, on behalf of such Shareholders, in accordance with the terms of the Offer. Two (2) Shareholders of Class Y, whose tender was accepted for purchase by the Fund, did not tender their entire Shares; therefore, pursuant to the promissory notes issued to the Shareholders, the Fund paid those Shareholders 100% of the Shareholders' unaudited net asset value of the Shares tendered. A cash payment in the amount of the unaudited net asset value of the Shares tendered was wired to the accounts designated by those Shareholders in their Letters of Transmittal on November 21, 2025. Three (3) Shareholders of Class Y, whose tenders were accepted for purchase by the Fund, tendered their entire Shares in the Fund; therefore, pursuant to the promissory note issued to the Shareholders, the Fund paid to the Shareholders at least 95% of the Shareholders' unaudited net asset value of the Shares tendered, less any early repurchase fee relating to such Shares (the "Initial Payment"). An Initial Payment in the amount of at least 95% of the Shareholders' unaudited net asset value of the Shares tendered was wired to the account designated by the Shareholders in the Letter of Transmittal on November 21, 2025. The Fund will also pay the Shareholders a contingent payment (the "Post-Audit Payment") equal to the excess, if any, of (1) the aggregate value of the repurchased Shares as of September 30, 2025 (as it may be adjusted based upon the next annual audit of the Fund's financial statements) over (2) the Initial Payment. The Post-Audit Payment will be made promptly after the completion of the Fund's annual audit at the end of August 2026.

Except as specifically provided herein, the information contained in the Statement, Offer to Purchase and the related Letter of Transmittal previously filed on August 20, 2025 (the "Tender Offer Materials") remains unchanged and this final amendment does not modify any of the information previously reported in the Tender Offer Materials.

**Item 1 through Item 9 and Item 11.**

The information set forth in the Tender Offer Materials is incorporated herein by reference into this final amendment in answer to Item 1 through Item 9 and Item 11 of Schedule TO.

**Item 10.** **Financial Statements**

Not applicable.

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| | |
|:---|:---|
| **Item 12(a).** | **Exhibits** |

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Not applicable.

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| | |
|:---|:---|
| **Item 12(b).** | **Filing Fee** |

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[Calculation of Filing Fee Tables are attached herewith.](ea027097501_ex-filingfees.htm)

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| | |
|:---|:---|
| **Item 13.** | **Information Required By Schedule 13E-3** |

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Not applicable.

SIGNATURE

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

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| | | |
|:---|:---|:---|
| Felicitas Private Markets Fund | Felicitas Private Markets Fund | Felicitas Private Markets Fund |
| By: | /s/ Brian Smith | /s/ Brian Smith |
|  | Name: | Brian Smith |
|  | Title: | President |

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January 9, 2026

EXHIBIT INDEX

EXHIBIT

[EX-FILING FEES Calculation of Filing Fee Tables](ea027097501_ex-filingfees.htm)

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**SC TO**

**Felicitas Private Markets Fund**

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

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| | | | | |
|:---|:---|:---|:---|:---|
| **Line Item Type** | **Notes** | **Transaction <br> Valuation** | **Fee Rate** | **Amount <br> of <br> Filing Fee** |
| Fees Previously Paid | (1) | $5538026.00 | 0.0001531 | $847.87 |
| Total Transaction Valuation: | Total Transaction Valuation: | $5538026.00 |  |  |
| Total Fees Due for Filing: | Total Fees Due for Filing: |  |  | $847.87 |
| Total Fees Previously Paid: | Total Fees Previously Paid: |  |  | 847.87 |
| Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: |  |  | $0.00 |

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**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) Calculated as the aggregate maximum value of Shares being purchased. The fee of $847.87 was paid in connection with the filing of the Schedule TO-I by Felicitas Private Markets Fund (File No. 005-94451) on August 20, 2025 (the "Schedule TO"). This is the final amendment to the Schedule TO and is being filed to report the results of the offer.