# EDGAR Filing Document

**Accession Number:** 0001560916
**File Stem:** 0001104659-25-091638
**Filing Date:** 2025-9
**Character Count:** 88796
**Document Hash:** 00438cf31090f62bdf221eab6b21995b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-091638.hdr.sgml**: 20250919

**ACCESSION NUMBER**: 0001104659-25-091638

**CONFORMED SUBMISSION TYPE**: POS AMI

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20250919

**DATE AS OF CHANGE**: 20250919

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CPG Carlyle Commitments Fund, LLC
- **CENTRAL INDEX KEY:** 0001560916

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

**FILING VALUES:**
- **FORM TYPE:** POS AMI
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22763
- **FILM NUMBER:** 251326688

**BUSINESS ADDRESS:**
- **STREET 1:** C/O CENTRAL PARK ADVISERS, LLC
- **STREET 2:** 125 WEST 55TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** (212) 317-9200

**MAIL ADDRESS:**
- **STREET 1:** C/O CENTRAL PARK ADVISERS, LLC
- **STREET 2:** 125 WEST 55TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CPG Carlyle Fund, LLC
- **DATE OF NAME CHANGE:** 20150803

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CPG Carlyle Private Equity Fund, LLC
- **DATE OF NAME CHANGE:** 20121023

?xml version='1.0' encoding='ASCII'? CPG Carlyle Commitments Fund, LLC - 1560916 - 2025

**As filed with the Securities and Exchange Commission on September 19, 2025**

Investment Company Act File No. 811-22763

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM N-2**

**REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 ☒**

**AMENDMENT NO. 24 ☒**

**CPG CARLYLE COMMITMENTS FUND, LLC**

(Exact Name of Registrant as Specified in its Charter)

**660 Fifth Avenue**

**New York, New York 10103**

(Address of Principal Executive Offices)

Registrant's Telephone Number, including Area Code: **(212) 317-9200**

**Alex Lee**

**c/o Macquarie Wealth Advisers, LLC**

**660 Fifth Avenue**

**New York, New York 10103**

(Name and Address of Agent for Service)

*Copy to:*

**Stuart H. Coleman, Esq.**

**Stradley Ronon Stevens & Young, LLP**

**100 Park Avenue, Suite 2000**

**New York, NY 10017**

**212-812-4125**

**Check each box that appropriately characterizes the Registrant:**

☒ Registered Closed-End Fund (closed-end company that is registered under the Investment Company Act of 1940 ("Investment Company Act")).

☐ Business Development Company (closed-end company that intends or has elected to be regulated as a business development company under the Investment Company Act).

☐ Interval Fund (Registered Closed-End Fund or a Business Development Company that makes periodic repurchase offers under Rule 23c-3 under the Investment Company Act).

☐ A.2 Qualified (qualified to register securities pursuant to General Instruction A.2 of this Form).

☐ Well-Known Seasoned Issuer (as defined by Rule 405 under the Securities Act of 1933 (the "Securities Act")).

☐ Emerging Growth Company (as defined by Rule 12b-2 under the Securities Exchange Act of 1934.

☐ If an Emerging Growth Company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act.

☐ New Registrant (registered or regulated under the Investment Company Act for less than 12 calendar months preceding this filing).

This Registration Statement has been filed by Registrant pursuant to Section 8(b) of the Investment Company Act. However, interests in the Registrant are not being registered under the Securities Act, since such interests will be issued solely in private placement transactions which do not involve any "public offering" within the meaning of Section 4(a)(2) of the Securities Act. Investment in the Registrant may be made only by individuals or entities which are "accredited investors" within the meaning of Regulation D under the Securities Act. This Registration Statement does not constitute an offer to sell, or the solicitation of an offer to buy, any interest in the Registrant.

Investment Company Act File No. 811-22763

**CPG CARLYLE COMMITMENTS FUND, LLC**

**September 2025**

**Supplement to the Confidential Memorandum Dated April 1, 2024, as amended or supplemented (the "Memorandum")**

A REGISTRATION STATEMENT TO WHICH THE MEMORANDUM RELATES HAS BEEN FILED BY CPG CARLYLE COMMITMENTS FUND, LLC (THE "FUND") PURSUANT TO SECTION 8(B) OF THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED. HOWEVER, CLASS A AND CLASS I UNITS OF BENEFICIAL INTEREST (THE "UNITS") OF THE FUND ARE NOT REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), SINCE SUCH UNITS ARE ISSUED SOLELY IN PRIVATE PLACEMENT TRANSACTIONS WHICH DO NOT INVOLVE ANY "PUBLIC OFFERING" WITHIN THE MEANING OF SECTION 4(A)(2) OF THE 1933 ACT. INVESTMENTS IN THE FUND MAY BE MADE ONLY BY INDIVIDUALS OR ENTITIES THAT ARE "ACCREDITED INVESTORS" WITHIN THE MEANING OF REGULATION D UNDER THE 1933 ACT. THE MEMORANDUM DOES NOT CONSTITUTE AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, ANY UNITS. UNITS OF THE FUND ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED BY, ANY BANK OR OTHER INSURED FINANCIAL INSTITUTION, AND ARE NOT FEDERALLY INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION, THE FEDERAL RESERVE BOARD OR ANY OTHER GOVERNMENT AGENCY. THE FUND IS AN ILLIQUID INVESTMENT. INVESTORS HAVE NO RIGHT TO REQUIRE THE FUND TO REDEEM THEIR UNITS.

THE CARLYLE GROUP INC. (AND ITS AFFILIATES) (COLLECTIVELY, "CARLYLE") IS NOT AN ADVISER OR AFFILIATE OF THE FUND OR CPG CARLYLE COMMITMENTS MASTER FUND, LLC (THE "MASTER FUND"). FURTHERMORE, NEITHER THE FUND NOR THE MASTER FUND IS SPONSORED, ENDORSED, SOLD OR PROMOTED BY CARLYLE. CARLYLE MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, TO THE OWNERS OF UNITS OF THE FUND, THE OWNERS OF INTERESTS IN THE MASTER FUND OR ANY OTHER PERSON REGARDING THE ADVISABILITY OF INVESTING IN THE FUND OR THE MASTER FUND. CERTAIN INFORMATION IN THE MEMORANDUM RELATING TO CARLYLE AND THE UNDERLYING CARLYLE FUNDS HAS BEEN DERIVED BY THE FUND FROM MATERIALS FURNISHED BY CARLYLE. CARLYLE MAKES NO REPRESENTATION REGARDING, AND EXPRESSLY DISCLAIMS ANY LIABILITY OR RESPONSIBILITY TO ANY RECIPIENT OF THE MEMORANDUM FOR, SUCH INFORMATION OR ANY OTHER INFORMATION SET FORTH THEREIN OR HEREIN. THERE CAN BE NO ASSURANCE OF THE FUTURE PERFORMANCE OF CARLYLE, THE UNDERLYING CARLYLE FUNDS OR THE FUND. PURCHASERS OF UNITS OF THE FUND WILL NOT BE LIMITED PARTNERS IN THE UNDERLYING CARLYLE FUNDS, WILL HAVE NO DIRECT INTEREST IN THE UNDERLYING CARLYLE FUNDS, WILL HAVE NO DIRECT VOTING RIGHTS IN THE UNDERLYING CARLYLE FUNDS, AND WILL NOT BE PARTIES TO ANY LIMITED PARTNERSHIP AGREEMENTS OF THE UNDERLYING CARLYLE FUNDS AND, ACCORDINGLY, WILL NOT HAVE ANY RIGHTS THEREUNDER AND MAY NOT BRING AN ACTION FOR ANY BREACH THEREOF AGAINST THE UNDERLYING CARLYLE FUNDS OR THE GENERAL PARTNERS OR MANAGER OF THE UNDERLYING CARLYLE FUNDS OR ANY OF THEIR AFFILIATES FOR ANY BREACH THEREOF. FURTHER, CARLYLE HAS NO OBLIGATION TO TAKE THE NEEDS OF THE OWNERS OF UNITS OF THE FUND, OR THE OWNERS OF INTERESTS IN THE MASTER FUND, INTO CONSIDERATION WHEN MANAGING THE UNDERLYING CARLYLE FUNDS.

BY ACQUIRING UNITS OF THE FUND, AN INVESTOR ACKNOWLEDGES AND AGREES THAT: (I) ANY INFORMATION PROVIDED BY THE FUND, MACQUARIE WEALTH ADVISERS, LLC, (FORMERLY, CENTRAL PARK ADVISERS, LLC), THE FUND'S INVESTMENT ADVISER (THE "ADVISER"), OR ANY AFFILIATES THEREOF (INCLUDING INFORMATION SET FORTH IN THE MEMORANDUM) IS NOT A RECOMMENDATION TO INVEST IN THE FUND AND THAT NONE OF THE FUND, THE ADVISER OR ANY AFFILIATES THEREOF IS UNDERTAKING TO PROVIDE ANY INVESTMENT ADVICE TO THE INVESTOR (IMPARTIAL OR OTHERWISE), OR TO GIVE ADVICE TO THE INVESTOR IN A FIDUCIARY CAPACITY IN CONNECTION WITH AN INVESTMENT IN THE FUND AND, ACCORDINGLY, NO PART OF ANY COMPENSATION RECEIVED BY THE ADVISER IS FOR THE PROVISION OF INVESTMENT ADVICE TO THE INVESTOR; AND (II) THE ADVISER HAS A FINANCIAL INTEREST IN THE INVESTOR'S INVESTMENT IN THE FUND ON ACCOUNT OF THE FEES IT EXPECTS TO RECEIVE FROM THE FUND AS DISCLOSED IN THE MEMORANDUM, THE FUND'S LIMITED LIABILITY COMPANY AGREEMENT, AS AMENDED FROM TIME TO TIME, AND ANY OTHER FUND GOVERNING DOCUMENTS.

**CPG Carlyle Commitments Fund, LLC—Supplement**

September 2025

The information set forth below supplements and supersedes any contrary information contained in the Confidential Memorandum dated April 1, 2024, as amended or supplemented from time to time (the "Memorandum") of CPG Carlyle Commitments Fund, LLC (the "Fund"). Prospective Investors are urged to read carefully the Fund's Memorandum and Limited Liability Company Agreement, as amended and restated from time to time. Capitalized terms not otherwise defined herein shall have the same meaning as provided in the Memorandum. If the prospective Investor wishes to invest in the Fund, the Investor must complete, execute and return the Fund's Investor Application.

\* \* \*

This Supplement advises Investors of a change of the Fund's Placement Agent and the appointment of Mark Goldstein as an independent member of the Fund's Board or Directors.

***The following supersedes any contrary information contained in the section of the Memorandum entitled "Summary of Terms—Sub-Placement Agent Fee":***

On September 18, 2025, the Board appointed Macquarie Capital (USA) Inc. ("MCUSA" or "Placement Agent") as the Placement Agent of the Fund. Effective October 15, 2025, references to the Placement Agent in the Memorandum refer to MCUSA.

***The following replaces the section of the Memorandum entitled "Management of the Fund–Placement Agent":***

Macquarie Capital (USA) Inc. (the "Placement Agent"), located at 660 Fifth Avenue, New York NY 10103, serves as the Placement Agent of the Fund's units. The Placement Agent is an affiliate of the Adviser and is an indirect subsidiary of Macquarie. The Placement Agent has agreed to use its best efforts to sell shares of the Fund.

***Effective immediately, the following supplements the information (and supersedes any contrary information) in the section of the Memorandum entitled "Management of the Fund–Information About the Directors and Executive Officers":***

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Name, Age, Address and<br><u>Position(s) with Fund</u>** | &nbsp;&nbsp;**Term of<br>Office and<br>Length of<br><u>Time Served</u>** | &nbsp;&nbsp;**Principal Occupation(s)<br><u>During Past 5 Years</u>** | &nbsp;&nbsp;**Number of<br>Portfolios in<br>Fund Complex\*<br>Overseen<br><u>by Director</u>** | &nbsp;&nbsp;**Other Directorships/<br>Trusteeships Held by<br>Director Outside<br><u>Fund Complex</u>** |
| &nbsp;&nbsp;**INDEPENDENT DIRECTOR** | &nbsp;&nbsp;**INDEPENDENT DIRECTOR** | &nbsp;&nbsp;**INDEPENDENT DIRECTOR** | &nbsp;&nbsp;**INDEPENDENT DIRECTOR** | &nbsp;&nbsp;**INDEPENDENT DIRECTOR** |
| &nbsp;&nbsp;Mark Goldstein (60) <br>c/o Macquarie Asset Management<br>660 Fifth Avenue<br>New York, New York 10103<br>Director | &nbsp;&nbsp;Term - Indefinite<br>Length - Since October 2025 | &nbsp;&nbsp;General Counsel and Chief Compliance Officer, Arnhold LLC (2022-present); Special Counsel, Katten Muchin Rosenman (2017-2022) | &nbsp;&nbsp;10 |  |

---

\* The Fund Complex consists of the Fund, CPG Carlyle Commitments Master Fund, LLC, CPG Vintage Access Fund, LLC, CPG Vintage Access Fund II, LLC, CPG Vintage Access Fund III, LLC, CPG Vintage Access Fund IV, LLC, CPG Vintage Access Fund V, LLC, CPG Vintage Access Fund VI, LLC, CPG Vintage Access Fund VII, LLC and Macquarie Focused Access Fund.

● <u>Mark Goldstein</u> – Mr. Goldstein has over 25 years of experience in various legal and compliance roles in the asset management industry. He is currently General Counsel and Chief Compliance Office of Arnhold LLC, an investment adviser. Previously, he was associated with a number of law firms, including most recently Katten Muchin Rosenman, and certain asset managers and broker dealers. Prior to Katten, he was General Counsel of First Eagle Investment Management, an investment adviser, and served as Chief Compliance Officer for a number of years of First Eagle and its mutual fund family and Mackay Shields, an investment adviser. He was also an attorney at UBS PaineWebber and started his career at the SEC as an enforcement attorney. He received his B.A. from Washington University and his J.D. from Hofstra University School of Law.

The following table sets forth the dollar range of ownership of equity securities of the Fund and other registered investment companies overseen by the Director within the Fund Complex, in each case as of June 30, 2025. The Directors are not required to invest in the Fund.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;<u>Name of Director</u> | &nbsp;&nbsp;Dollar Range of Equity Securities<br>of the Fund | &nbsp;&nbsp;Aggregate Dollar Range of Equity Securities of All<br>Registered Investment Companies Overseen<br>by the Director in the Fund Complex |
| &nbsp;&nbsp;Mark Goldstein\* |  | &nbsp;&nbsp;Over $100,000 |

---

*\* Mr. Goldstein became an Independent Director effective September 18, 2025.*

***Effective immediately, the following supplements the information (and supersedes any contrary information) in the section of the Memorandum entitled "Management of the Fund–Director Compensation":***

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp; <u>Name and Position with Fund</u> | &nbsp;&nbsp;Aggregate Compensation from the<br>Fund\* | &nbsp;&nbsp;Total Compensation from Fund and Fund Complex Paid<br>to Director\* |
| &nbsp;&nbsp;Mark Goldstein\*\* |  |  |

---

***\**** *For the fiscal year ended March 31, 2025.*

*\*\* Mr. Goldstein became an Independent Director effective September 18, 2025.*

\* \* \*

If you have any questions, or already have completed an Investor Application/Subscription Agreement in connection with subscribing for Units and wish to discuss further your investment with the Adviser, please feel free to contact the Adviser at (212) 317-9200.

**Other than Macquarie Bank Limited ABN 46 008 583 542 ("Macquarie Bank"), any Macquarie Group entity noted in this document is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank. Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities. In addition, if this document relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment.**

PART C. OTHER INFORMATION

<u>Item 25</u>. <u>Financial Statements and Exhibits</u>.

---

| | |
|:---|:---|
| 1. | Financial Statements: |
|  | The audited financial statements of each of the Registrant and CPG Carlyle Commitments Master Fund, LLC for the fiscal year ended March 31, 2025, including the reports of the Registrant's and CPG Carlyle Commitments Master Fund, LLC's independent registered public accounting firm, and the unaudited financial statements of each of the Registrant and CPG Carlyle Commitments Master Fund, LLC for the semi-annual period ended September 30, 2024, are incorporated by reference to the Registrant's [Annual Report](https://www.sec.gov/Archives/edgar/data/1560916/000139834425013076/fp0093150-1_ncsr.htm) and [Semi-Annual Report](https://www.sec.gov/Archives/edgar/data/1560916/000139834424022992/fp0090543-1_ncsrs.htm), respectively. |

---

---

| | |
|:---|:---|
| 2. |  |
| [(a)(1)](https://www.sec.gov/Archives/edgar/data/1560916/000114036112044908/cpgcpef-ex99a1_102412.htm) | [Certificate of Formation is incorporated by reference to Exhibit (a)(1) of the Registration Statement on Form N-2 (Reg. No. 811-22763), filed on October 30, 2012 (the "Registration Statement").](https://www.sec.gov/Archives/edgar/data/1560916/000114036112044908/cpgcpef-ex99a1_102412.htm) |
| [(a)(2)](https://www.sec.gov/Archives/edgar/data/1560916/000157104917002719/t1700816_ex-a2.htm) | [Certificate of Amendment is incorporated by reference to Exhibit (a)(2) of Amendment No. 6 to the Registration Statement, filed on March 22, 2017 ("Amendment No. 6").](https://www.sec.gov/Archives/edgar/data/1560916/000157104917002719/t1700816_ex-a2.htm) |
| [(a)(3)](https://www.sec.gov/Archives/edgar/data/1560916/000157104917002719/t1700816_ex-a3.htm) | [Certificate of Amendment is incorporated by reference to Exhibit (a)(3) of Amendment No. 6.](https://www.sec.gov/Archives/edgar/data/1560916/000157104917002719/t1700816_ex-a3.htm) |
| [(a)(4)](https://www.sec.gov/Archives/edgar/data/1560916/000157104917002719/t1700816_ex-a4.htm) | [Form of Second Amended and Restated Limited Liability Company Agreement, dated March 16, 2017 is incorporated by reference to Exhibit (a)(4) of Amendment No. 6.](https://www.sec.gov/Archives/edgar/data/1560916/000157104917002719/t1700816_ex-a4.htm) |
| (b) | Not Applicable |
| (c) | Not Applicable |
| [(d)(1)](https://www.sec.gov/Archives/edgar/data/1560916/000089968115000816/p15-0366_ex99d1.htm) | [Rule 18f-3 Plan is incorporated by reference to Exhibit (d)(1) of Amendment No. 3 to the Registration Statement, filed on November 25, 2015.](https://www.sec.gov/Archives/edgar/data/1560916/000089968115000816/p15-0366_ex99d1.htm) |
| (d)(2) | See Item 25(2)(a)(2) |
| (e) | Not Applicable |
| (f) | Not Applicable |
| [(g)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-g.htm) | [Investment Advisory Agreement is incorporated by reference to Exhibit (g) of Amendment No. 18 to the Registration Statement, filed on January 30, 2024 ("Amendment No. 18").](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-g.htm) |
| [(h)(1)](tm2526429d1_ex99-xhx1.htm) | [Form of Placement Agency Agreement.\*](tm2526429d1_ex99-xhx1.htm) |
| [(h)(2)](tm2526429d1_ex99-xhx2.htm) | [Form of Servicing and Sub-Placement Agency Agreement.\*](tm2526429d1_ex99-xhx2.htm) |
| [(h)(3)](tm2526429d1_ex99-xhx3.htm) | [Form of Distribution Plan.\*](tm2526429d1_ex99-xhx3.htm) |
| (i) | Not Applicable |
| [(j)(1)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xjx1.htm) | [Amended and Restated Custody Agreement is incorporated by reference to Exhibit (j)(1) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xjx1.htm) |
| [(j)(2)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xjx2.htm) | [Amendment to the Amended and Restated Custody Agreement is incorporated by reference to Exhibit (j)(2) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xjx2.htm) |
| [(k)(1)](https://www.sec.gov/Archives/edgar/data/1560916/000114420419035175/tv525348_ex99-k1.htm) | [Services Agreement is incorporated by reference to Exhibit (k)(1) of Amendment No. 9 to the Registration Statement, filed on July 19, 2019.](https://www.sec.gov/Archives/edgar/data/1560916/000114420419035175/tv525348_ex99-k1.htm) |
| [(k)(2)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx2.htm) | [Escrow Agreement with respect to Class A Units of Beneficial Interest is incorporated by reference to Exhibit (k)(2) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx2.htm) |
| [(k)(3)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx3.htm) | [Escrow Agreement with respect to Class I Units of Beneficial Interest is incorporated by reference to Exhibit (k)(3) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx3.htm) |
| [(k)(4)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx4.htm) | [Amendment One to Services Agreement is incorporated by reference to Exhibit (k)(4) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx4.htm) |
| [(k)(5)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx5.htm) | [Amendment Two to Services Agreement is incorporated by reference to Exhibit (k)(5) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx5.htm) |
| [(k)(6)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx6.htm) | [Amendment Three to Services Agreement is incorporated by reference to Exhibit (k)(6) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx6.htm) |
| [(k)(7)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx7.htm) | [Amendment Four to Services Agreement is incorporated by reference to Exhibit (k)(7) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx7.htm) |
| [(k)(8)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx8.htm) | [Amendment Five to Services Agreement is incorporated by reference to Exhibit (k)(8) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx8.htm) |
| [(k)(9)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx9.htm) | [Amendment Six to Services Agreement is incorporated by reference to Exhibit (k)(9) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx9.htm) |
| [(k)(10)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx10.htm) | [Amendment Seven to Services Agreement is incorporated by reference to Exhibit (k)(10) of Amendment No. 18.](https://www.sec.gov/Archives/edgar/data/1560916/000110465924008223/tm244255d1_ex99-xkx10.htm) |

---

---

| | |
|:---|:---|
| (l) | Not Applicable |
| (m) | Not Applicable |
| (n) | Not Applicable |
| (o) | Not Applicable |
| (p) | Not Applicable |
| (q) | Not Applicable |
| [(r)(1)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924041600/tm2410105d2_ex99-xrx1.htm) | [Code of Ethics of the Registrant, as revised December 14, 2023, is incorporated by reference to Exhibit (r)(1) of Amendment No. 19 to the Registration Statement, filed on April 1, 2024 ("Amendment No. 19").](https://www.sec.gov/Archives/edgar/data/1560916/000110465924041600/tm2410105d2_ex99-xrx1.htm) |
| [(r)(2)](https://www.sec.gov/Archives/edgar/data/1560916/000110465924099329/tm2423476d5_ex99-r2.htm) | [Code of Ethics of Macquarie Wealth Advisers (formerly, Central Park Advisers, LLC) is incorporated by reference to Exhibit (r)(2) of Amendment 20 to the Registration Statement, filed on September 12, 2024 ("Amendment No. 20").](https://www.sec.gov/Archives/edgar/data/1560916/000110465924099329/tm2423476d5_ex99-r2.htm) |

---

\*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Filed herewith.

<u>Item 26</u>. <u>Marketing Arrangements</u>: Not Applicable.

<u>Item 27</u>. <u>Other Expenses of Issuance and Distribution</u>:\*

Legal fees

Blue Sky fees

Printing

Miscellaneous

Total

\*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Incorporated by reference to Amendment No. 1 to the Registration Statement, filed on January 11, 2013.](https://www.sec.gov/Archives/edgar/data/1560916/000089968113000029/cpgcpef-posami_010813.htm)

<u>Item 28</u>. <u>Persons Controlled by or Under Common Control with Registrant</u>:

No person is directly or indirectly under common control with the Registrant, except that the Registrant may be deemed to be controlled by Macquarie Wealth Advisers, LLC, the adviser of the Registrant (the "Adviser"). Information regarding the ownership of the Adviser is set forth in its Form ADV as filed with the Securities and Exchange Commission (the "SEC") (File No. 801-67480), and is incorporated herein by reference.

<u>Item 29</u>. <u>Number of Holders of Securities as of June 30, 2025</u>:

<u>Title of Class</u> <u>Number of Record Holders</u> <br> Class A Units of Beneficial Interest 2831 <br> Class I Units of Beneficial Interest 2036

<u>Item 30</u>. <u>Indemnification</u>:

Reference is made to Section 3.7 of the Registrant's Second Amended and Restated Limited Liability Company Agreement (the "LLC Agreement"), filed as Exhibit (a)(4) to Amendment No. 6, and to Paragraph 7 of the Registrant's Investment Advisory Agreement (the "Investment Advisory Agreement"), filed as Exhibit (g) to Amendment No. 18. The Registrant hereby undertakes that it will apply the indemnification provisions of the LLC Agreement and the Investment Advisory Agreement in a manner consistent with Release 40-11330 of the SEC under the Investment Company Act of 1940, as amended (the "1940 Act"), so long as the interpretation therein of Sections 17(h) and 17(i) of the 1940 Act remains in effect.

The Registrant maintains insurance on behalf of any person who is or was an independent director, officer, employee or agent of the Registrant against certain liability asserted against and incurred by, or arising out of, his or her position. However, in no event will the Registrant pay that portion of the premium, if any, for insurance to indemnify any such person for any act for which the Registrant itself is not permitted to indemnify.

<u>Item 31</u>. <u>Business and Other Connections of Investment Adviser</u>:

A description of any other business, profession, vocation, or employment of a substantial nature in which the investment adviser of the Registrant, and each member, director, executive officer, or partner of any such investment adviser, is or has been, at any time during the past two fiscal years, engaged in for his or her own account or in the capacity of member, trustee, officer, employee, partner or director, is set forth in the Confidential Memorandum in the section entitled "Management of the Fund." Information as to the members and officers of the Adviser is included in its Form ADV as filed with the SEC (File No. 801-67480), and is incorporated herein by reference.

<u>Item 32</u>. <u>Location of Accounts and Records</u>:

SS&C Technologies, Inc., and its affiliates, Global Investor and Distribution Solutions, and ALPS Fund Services, Inc., serve as the Registrant's administrator, and maintain certain required accounting related and financial books and records of the Registrant at 430 W. 7th Street, Kansas City, Missouri 64105-1594 and 1290 Broadway, Suite 1100, Denver, Colorado 80203. The other required books and records are maintained by Macquarie Wealth Advisers, LLC, at 660 Fifth Avenue, New York, New York 10103.

<u>Item 33</u>. <u>Management Services</u>: Not Applicable.

<u>Item 34</u>. <u>Undertakings</u>: Not Applicable.

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this Amendment to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 19<sup>th</sup> day of September, 2025.

---

| | |
|:---|:---|
| CPG CARLYLE COMMITMENTS FUND, LLC | CPG CARLYLE COMMITMENTS FUND, LLC |
| By: | /s/ Alex Lee&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| Alex Lee | Alex Lee |
| President | President |

---

<u>EXHIBIT INDEX</u>

---

| | |
|:---|:---|
| [(h)(1)](tm2526429d1_ex99-xhx1.htm) | [Form of Placement Agency Agreement.](tm2526429d1_ex99-xhx1.htm) |
| [(h)(2)](tm2526429d1_ex99-xhx2.htm) | [Form of Servicing and Sub-Placement Agency Agreement.](tm2526429d1_ex99-xhx2.htm) |
| [(h)(3)](tm2526429d1_ex99-xhx3.htm) | [Form of Distribution Plan.](tm2526429d1_ex99-xhx3.htm) |

---

## Ex-99.(H)(1)

**Exhibit 99.(h)(1)**

**CPG CARLYLE COMMITMENTS FUND, LLC**

**FORM OF PLACEMENT AGENCY AGREEMENT**

Placement Agency Agreement (the "Agreement") made as of [___], 2025 by and between CPG Carlyle Commitments Fund, LLC (the "Fund"), a Delaware limited liability company, and Macquarie Capital (USA) Inc. (the "Distributor"), a Delaware corporation.

**WITNESSETH**

**WHEREAS,** the Fund is an investment company regulated by Federal and State regulatory bodies, and

**WHEREAS,** the Distributor is engaged in the business of promoting the distribution of the securities of investment companies and, in connection therewith and acting solely as agent for such investment companies and not as principal, advertising, promoting, offering and selling their securities to the public, and

**WHEREAS,** the Fund desires to enter into an agreement with the Distributor as of the date hereof, pursuant to which the Distributor shall serve as the placement agent of the interests in the Fund ("Units") on the terms and conditions set forth below.

**NOW, THEREFORE,** the parties hereto, intending to be legally bound hereby, agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Fund hereby engages the Distributor to promote the distribution of the Units and, in connection therewith
and as agent for the Fund and not as principal, to advertise, promote, offer and sell shares of the Units.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. (a) The Distributor agrees to serve as placement agent of the Units and, as agent for the Fund and
not as principal, to use its best efforts to find qualified applicants for purchase of Units and that comply with: (1) the provisions
of this Agreement; (2) all applicable laws, rules and regulations, including, without limitation, the Investment Company Act
of 1940, as amended (the "1940 Act"), all rules and regulations promulgated by the Securities and Exchange Commission ("SEC")
thereunder; (3) the Fund's Second Amended and Restated Limited Liability Company Agreement, as amended and restated from time
to time; (4) instructions received from the Directors of the Fund; and (5) the Fund's Confidential Memorandum, as amended
or supplemented and subscription documents (collectively, the "Offering Documents").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Except as may otherwise be agreed to by the Fund and noted in this section 2(b), the Distributor will
bear all costs and expenses incurred by the Distributor in connection with the performance of its obligations under this Agreement.

The Fund will pay all costs incurred in the preparation and filing of the Fund's Registration Statement, including typesetting, the costs incurred in printing and mailing the Offering Documents and any supplements or amendments thereto to its own investors. The Fund will also pay all costs included in preparing, typesetting, printing and mailing all Annual, Semi-Annual and other financial reports to its own investors. The Fund will pay all fees and expenses of its counsel and accountants. The Fund will pay the costs and fees incurred in registering or qualifying the Units with the various states and with the SEC.

The Distributor will pay the costs incurred in printing and mailing copies of the Offering Documents to prospective investors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Distributor may receive a fee with respect to certain classes of Units, pursuant to and as described
in the Fund's Rule 12b-1 Plan. The Distributor shall prepare reports for the Fund's Directors regarding its activities
under this Agreement as from time to time shall be reasonably requested by the Directors, including reports regarding the use of 12b-1
payments received by the Distributor, if any. Distributor also may receive payments with respect to certain classes of Units from the
Adviser pursuant to a separate agreement between Distributor and the Adviser. The Distributor shall be entitled to a placement fee of
up to 3.50% of the amount invested by a prospective investor, or such other amount as may be approved by the Fund's Board, and as
consistent with the information in the Offering Documents. Distributor shall not be entitled to any other fee and shall pay any sub-placement
agents out of the placement fee described in this Section 2(c).

3. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Fund agrees to make available for sale by the Fund through the Distributor all or such part of the
authorized but unissued Units as the Distributor shall require from time to time and, except as provided in Paragraph 3(b) hereof,
the Fund will not sell Units other than through the efforts of the Distributor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Fund reserves the right from time to time (1) to sell and issue Units other than for cash; (2) to
issue Units in exchange for substantially all of the assets of any corporation or trust, or in exchange of Units of any corporation or
trust; (3) to pay stock dividends to its investors, or to pay dividends in cash or Units of beneficial interest at the option of
its investors, or to sell Units of beneficial interest to existing investors to the extent of dividends payable from time to time in cash,
or to split up or combine its outstanding Units; (4) to offer Units for cash to its investors as a whole, by the use of transferable
rights or otherwise, and to sell and issue Units pursuant to such offers; (5) to act as its own distributor in any jurisdiction in
which the Distributor is not registered as a broker-dealer; and (6) to reject any order for Units.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The offers and sales of Units are to be effected pursuant to exemptions from the registration requirements
of the Securities Act of 1933, as amended, pursuant to Section 4(2) thereof and Regulation D thereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The Distributor may, at its expense, select and contract with one or more sub-placement agents to perform
some or all of the services for which it is responsible under this agreement. The Distributor will be responsible for paying the compensation,
if any, to any such sub-placement agent for its services. The Distributor may terminate the services of any such sub-placement agent at
any time in its sole discretion, and shall at such time assume the responsibilities of such sub-placement agent unless or until a replacement
is selected and approved by the Board of Directors. The Distributor will continue to have responsibility for all placement-related services
furnished by any such sub-placement agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The Fund represents and warrants the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Fund has been duly formed and is validly existing as a limited liability company in good standing
under the laws of the State of Delaware with all requisite power and authority, all necessary authorizations, approvals, orders, licenses,
certificates and permits of and from al1 governmental regulatory officials and bodies, and all necessary rights, licenses and permits
from other parties to conduct its business as described in the Offering Documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Fund is, or will be at the time it sells any Units, a properly registered investment company, and
any and all Units to be or which may be issued by the Fund have been duly authorized for issuance and sale, and when issued and delivered
by the Fund, Units will conform to all statements relating thereto contained in the Offering Documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The provisions of this Agreement do not violate the terms of any instrument by which the Fund is bound,
nor do they violate any law or regulation of any body having jurisdiction over the Fund or its property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) The issue and sale of Units, and the execution delivery and performance of the Fund's obligations
under the Offering Documents, will not result in the violation of applicable law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) All Offering Documents will be, as of the closing date of each sale of Units in respect of which it is
used, true, complete and correct in all material respects and will not contain any untrue statement of material fact, or omit to state
a material fact required to be stated in order to make the statements contained therein not misleading.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) The Agreement has been duly authorized, executed and delivered by the Fund, and assuming Distributor's
execution hereof, will constitute a valid and binding agreement of the Fund.

6. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Fund will supply to the Distributor a conformed copy of the Offering Documents and all amendments
thereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Fund, without expense to the Distributor:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) will provide the Distributor such financial statements, periodic reports to investors, and other information
as may be reasonably requested from time to time by the Distributor in connection with the discharge of its duties under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) will, if an event occurs or a situation arises which, in the opinion of counsel to the Fund materially
affects the Fund and which should be set forth in an amendment or supplement to the Offering Documents in order to make the statements
contained in the Offering Documents not misleading, notify the Distributor as promptly as practicable and furnish the Distributor with
copies of an amendment or supplement to the Offering Documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. The Distributor represents and warrants the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) It is a corporation duly organized and existing and in good standing under the laws of the State of Delaware.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Agreement has been duly authorized, executed and delivered by the Distributor, and assuming the Fund's
execution hereof, will constitute a valid and binding agreement of the Distributor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The performance by Distributor of its obligations under this Agreement does not and will not contravene
any provision of its organizational documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Distributor has and will maintain all licenses and registrations necessary under applicable law and regulations
to provide the services required to be provided by Distributor hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Distributor has not and will not solicit any offer to buy or offer to sell Units in any manner that would
be inconsistent with applicable laws and regulations, including the Securities Act of 1933, the Securities Exchange Act of 1934, the 1940
Act, the rules thereunder, the regulations of FINRA, Inc. ("FINRA"), or with the procedures for solicitations contemplated
by the Offering Documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. The Distributor agrees to submit to the Fund, prior to its use, the form of all sales literature, institutional
sales material, and independently prepared reprints (each as defined below) proposed to be generally disseminated by or for the Distributor,
all advertisements proposed to be used by the Distributor, all sales literature, advertisements, institutional sales material and independently
prepared reprints (each as defined in Rule 2210 of the Conduct Rules of FINRA or any successor rule) prepared by or for the
Distributor for such dissemination or for use by others in connection with the sale of the Units, and the form of dealers' sales
contract the Distributor intends to use in connection with sales of the Units. The Distributor also agrees that the Distributor will submit
such sales literature and advertisements to the FINRA, SEC or other regulatory agency as from time to time may be appropriate, considering
practices then current in the industry. The Distributor agrees not to use such form of dealers' sales contract or to use or to permit
others to use such sales literature, advertisements, institutional sales material, or independently prepared reprints, without the written
consent of the Fund if any regulatory agency expresses objection thereto or if the Fund delivers to the Distributor a written objection
thereto. Neither the Distributor nor any dealer or other person is authorized by the Fund to provide any information or make any representation
about the Fund or its Units other than those contained in the Fund's Offering Documents, advertising, sales literature or institutional
sales material.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Applications for Units and payments by applicants for Units shall be made pursuant to the terms and conditions
set forth in the Offering Documents, and such applications shall be subject to acceptance as described in the Offering Documents. If the
offering is not completed in accordance with the conditions set forth in the Offering Documents, the Fund may terminate the offering.
The Fund may make additional offerings after the initial offering period as may be consistent with the Offering Documents and subject
to approval by the Fund's Board of Directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. The responsibility of the Distributor hereunder shall be limited to the promotion of sales of Units. The
Distributor shall undertake to promote such sales solely as agent of the Fund, and shall not purchase or sell such Units as principal.
The Distributor is not empowered to approve orders for sales of Units or accept payment for such orders.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. The books and records maintained by the Distributor shall be the property of the Fund. The Distributor
shall prepare, maintain and preserve such books and records as required by the 1940 Act and other applicable laws, rules and regulations.
The Distributor shall surrender such books and records to the Fund, in the form in which such books and records have been maintained or
preserved, promptly upon receipt of instructions from the Fund. The Fund shall have access to such books and records at all time during
the Distributor's normal business hours. Upon the reasonable request of the Fund, copies of any such books and records shall be
provided by the Distributor to the Fund at the Fund's expense. The Distributor shall assist the Fund, the Fund's independent
auditors, or, upon approval of the Fund, any regulatory body, in any requested review of the Fund's books and records, and reports
by the Distributor or its independent accountants concerning its accounting system and internal auditing controls will be open to such
entities for audit or inspection upon reasonable request.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. The Distributor shall maintain at all times a program reasonably designed to prevent violations of the
federal securities laws (as defined in Rule 38a-1 under the 1940 Act) with respect to the services provided, and shall provide to
the Fund a certification to such effect no less than annually or as otherwise reasonably requested by the Fund. The Distributor shall
make available its compliance personnel and shall provide at its own expense summaries and other relevant materials relating to such program
as reasonably requested by the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. The Distributor agrees to maintain an anti-money laundering program in compliance with Title III of the
Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (the "USA
Patriot Act") and all applicable laws and regulations promulgated thereunder. At the request of the Fund, the Distributor will supply
the Fund with copies of the Distributor's anti-money laundering policy and procedures, and such other relevant certifications and
representations regarding such policy and procedures as the Fund may reasonably request from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. The Distributor may engage in other business, provided such other business does not interfere with the
performance by the Distributor of its obligations under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. The Fund agrees to indemnify, defend and hold harmless from the assets of the Fund, the Distributor, its
directors, its officers, and each person, if any, who controls the Distributor within the meaning of Section 15 of the Securities
Act of 1933, from and against any and all losses, damages, or liabilities to which, jointly or severally, the Distributor or such controlling
person may become subject, insofar as the losses, damages or liabilities arise out of the performance of the Distributor's duties
hereunder, except that the Fund shall not be liable for indemnification of the Distributor or any controlling person thereof for any liability
resulting from the willful misfeasance, bad faith, or gross negligence of the Distributor or any controlling person thereof in the performance
of the Distributor's duties under this Agreement.

The Distributor agrees to indemnify, defend and hold harmless from the assets of the Distributor, the Fund, its directors, its officers, and each person, if any, who controls the Fund within the meaning of Section 15 of the Securities Act of 1933, from and against any and all such losses, damages, 9r liabilities to which, jointly or severally, the Fund or such controlling person may become subject, insofar as the losses, damages or liabilities arise out of the performance of the Distributor's duties under this Agreement, but only to the extent such losses, damages, or liabilities are the result of any material breach of this Agreement by the Distributor (including for the avoidance of doubt, any material breach of the Distributor's representations and warranties set forth in Section 7 hereof) or any material action or omission resulting from the willful misfeasance, bad faith or gross negligence of the Distributor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. Copies of financial reports, Offering Documents, as well as demands, notices, requests, consents, waivers,
and other communications in writing which it may be necessary or desirable for either party to deliver or furnish to the other will be
duly delivered or furnished, if delivered to such party at its address shown below during regular business hours, or if sent to that party
by registered mail or overnight mail, postage prepaid, in all cases within the time or times herein prescribed, addressed to the recipient
at 660 Fifth Avenue, New York, NY 10103, or at such other address as the Fund or the Distributor may designate in writing and furnish
to the other.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17. This Agreement shall not be assigned, as that term is defined in the 1940 Act, by the Distributor and
shall terminate automatically in the event of its attempted assignment by the Distributor. This Agreement shall not be assigned by the
Fund without the written consent of the Distributor signed by its duly authorized officers and delivered to the Fund. Except as specifically
provided in the indemnification provision contained in Paragraph 15 herein, this Agreement and all conditions and provisions hereof are
for the sole and exclusive benefit of the parties hereto and their legal successors and no express or implied provision of this Agreement
is intended or shall be construed to give any person other than the parties hereto and their legal successors any legal or equitable right,
remedy or claim under or in respect of this Agreement or any provisions herein contained.

18. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) This Agreement shall be executed and become effective as of the date first written above. It shall remain
in force for a period of two years from the date hereof and from year to year thereafter, but only so long as such continuance is specifically
approved at least annually by the Board of Directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Distributor may also terminate this Agreement at any time by giving the Fund written notice of its
intention to terminate the Agreement at the expiration of three months from the date of delivery of such written notice of intention to
the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Fund may terminate this Agreement at any time on at least thirty days' prior written notice
to the Distributor (1) if proceedings are commenced by the Distributor or any of its partners for the Distributor's liquidation
or dissolution or the winding up of the Distributor's affairs; (2) if a receiver or trustee of the Distributor or any of its
property is appointed and such appointment is not vacated within thirty days thereafter; (3) if, due to any action by or before any
court or any federal or state commission, regulatory body, or administrative agency or other governmental body, the Distributor shall
be prevented from selling securities in the United States or because of any action or conduct on the Distributor's part, sales of
the Units are not qualified for sale. The Fund may also terminate this Agreement at any time upon prior written notice to the Distributor
of its intention to so terminate at the expiration of three months from the date of the delivery of such written notice to the Distributor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) This Agreement may be amended only if such amendment is approved (1) either by action of the Directors
of the Fund or at a meeting of the investors of the Fund by the affirmative vote of a majority of the outstanding Units of the Fund; and
(2) by a majority of the Directors of the Fund who are not interested persons of the Fund and who have no direct or indirect financial
interest in the operation of this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19. The validity, interpretation and construction of this Agreement, and of each part hereof, will be governed
by the laws of the Commonwealth of Pennsylvania.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20. In the event any provision of this Agreement is determined to be void or unenforceable, such determination
shall not affect the remainder of the Agreement, which shall continue to be in force.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21. This Agreement is executed by the Fund and the obligations hereunder are not binding upon any of the Directors,
officers or investors of the Fund individually.

---

| |
|:---|
| **MACQUARIE CAPITAL (USA) INC.** |
| By: |
| Name: |
| Title: |
| **CPG CARLYLE COMMITMENTS FUND, LLC** |
| By: |
| Name: |
| Title: |

---

## Ex-99.(H)(2)

**Exhibit 99.(h)(2)**

Form of Servicing and Sub-Placement Agency Agreement

[DATE]

[NAME of Sub-Placement Agent]

[Address]

<u>Re: Appointment as Servicing and Sub-Placement Agent</u>

Ladies and Gentlemen:

Macquarie Wealth Advisers, LLC (the "Adviser") for itself and for each Fund listed on Exhibit A (each, a "Fund" and, collectively, the "Funds") and Macquarie Capital (USA) Inc. ("MCUSA") hereby agree with you as follows in connection with the offering of limited liability company interests or units of beneficial interests (the "Interests") in the Funds, each a limited liability company organized under the laws of the State of Delaware, in accordance with the applicable Fund's Confidential Offering Memorandum or Confidential Memorandum, as amended from time to time (the "Memorandum"), and the services MCUSA, the Adviser and the Funds desire you to perform hereunder. All capitalized terms used in this Agreement which are not separately defined herein shall have the respective meaning set forth in the relevant Memorandum.

1. <u>Services.</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Subject to the terms and conditions set forth herein, you are hereby appointed as the non-exclusive servicing and sub-placement agent in connection with sales of Interests. You hereby accept such agency and agree on the terms and conditions herein set forth to use your best efforts to find qualified subscribers for Interests and to use all reasonable efforts to assist us in obtaining performance by each subscriber of the terms of its investor application or other subscription documents used in connection with subscribing for Interests (the "Investor Application"). In addition, you shall provide personal service to each subscriber and assist these subscribers in maintaining their accounts, as well as responding to inquiries made by subscribers, keeping subscribers informed concerning capital calls, if any, as appropriate, and otherwise servicing subscribers as necessary.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The offers and sales of Interests are to be effected pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Section 4(a)(2) thereof and under Regulation D thereunder. You agree that you will only make offers or sales of any Interests in compliance with the following procedures:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Offers and sales of Interests will be made only in compliance with the provisions of Rule 506 of Regulation D under the Securities Act and only to investors that you reasonably believe to qualify as "accredited investors," as defined in Rule 501(a) under the Securities Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) No sale of Interests to any one investor will be for less than the minimum denominations as may be specified in the Memorandum or as the Fund shall advise you in writing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) No offer or sale of any Interest shall be made in any state or jurisdiction, or to any prospective investor located in any state or jurisdiction, where MCUSA has notified you in writing that such Interests have not been registered or qualified unless such Interests are exempt from the registration or qualification requirements of such laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Sales of Interests will be made only to investors that are U.S. Persons as defined in Section 7701 of the Internal Revenue Code of 1986, as amended and, other than with respect to the [Name of Fund] or other registered investment companies, to "qualified purchasers" under the Investment Company Act of 1940, as amended (the "1940 Act").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) No offers or sales may be made in respect of an investor who seeks to become a direct investor in underlying fund(s) in lieu of purchasing Interests in the Fund without the written consent of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) For purposes of the offering of Interests and providing related services, you will contact the Fund, which shall cause to be furnished copies of the Memorandum and Investor Application to prospective investors. You are authorized to furnish to prospective purchasers only such information concerning each Fund and the offering as may be contained in its Memorandum or any written supplements thereto, the Investor Application and each Fund's approved marketing/presentation materials as prepared by the Fund or the Adviser and provided to you for use with investors and potential investors in connection with your services hereunder ("Information").

2. <u>Subscriptions.</u> 

All subscriptions and payments for Interests shall be made pursuant to the terms and conditions set forth in the Memorandum, and subscriptions shall be subject to acceptance by the Fund.

3. <u>Representations and Warranties</u> 

You represent and warrant that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) You are duly authorized to enter into and perform, and have duly executed and delivered, this Agreement (including any exhibits hereto).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) You have and will maintain all licenses, registrations and memberships (including registration as a broker dealer, under the Securities Exchange Act of 1934, as amended and under the laws of any state to the extent required) necessary to be in compliance with applicable law, regulations and regulatory bodies (including FINRA, the U.S. Commodity Exchange Act and National Futures Association) to provide the services required to be provided by you hereunder; and if you are exempt from maintaining licenses, registrations and memberships, you have made any necessary filings with the applicable regulatory bodies in order to avail yourself of such exemptions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) You have not and will not make any offer to buy or offer to sell Interests in any manner which would be inconsistent with applicable laws and regulations, or with the procedures for solicitations contemplated by the Memorandum or by any form of general solicitation or advertising, including, but not limited to, any advertisement, article, notice or other communication published in any newspaper, magazine or similar medium or broadcast over television or radio, or conduct any seminar or meeting whose attendees have been invited by any general solicitation or advertising.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) To the extent not otherwise disclosed in the Memorandum, or separately disclosed by the Fund or MCUSA, you will disclose fully to each prospective subscriber that the Fund or its designee, and/or the Adviser, as the case may be, have agreed to pay a fee to you for the services to be rendered by you under this Agreement and that such fee is based on the value of the Interest or capital commitment amount (the "Capital Commitment"), as the case may be, of each investor introduced by you to the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) At all times, your services shall be performed in strict compliance with applicable regulations (including FINRA rule 2341), state laws and the laws of the United States, including any applicable anti-money laundering statutes and OFAC (defined below) regulations, and you will obtain the true identity of each prospective investor and you will make reasonable inquiry into the sources of funds used to purchase Interests and satisfy yourself that these sources are legitimate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) You have policies and procedures and internal controls in place that are reasonably designed to comply with the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act of 2001, including a customer identification program, and the regulations administered by the U. S. Department of the Treasury's Office of Foreign Assets Control ("OFAC").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) In the event the Information includes the use of the information or trademark of a Fund, the Adviser, any sponsor or any Fund's underlying investment, you agree that such use of the mark is by permission of the owner of the mark, that it may be used solely in connection with the offering of that Fund, and subject to any conditions in connection therewith, and that no ownership or other interest in the mark is granted by this Agreement or the use of the mark.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) Neither you, your officers and directors, nor any person connected with you as specified in paragraph (d)(1) of Rule 506 under the Securities Act (the "Rule") (such persons referred to as "Covered Persons") and any financial advisor who is directly involved in the offer or sale of interests has had an event described in paragraph (d)(1)(i)-(viii) of the Rule ("Disqualifying Events"), except as otherwise disclosed in writing on Appendix A, attached hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) You will immediately update and provide a revised Appendix A whenever it ceases to be accurate in any way.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) You will notify the Fund and MCUSA immediately of the occurrence of any Disqualifying Event with respect to you, your officers and directors, or any of your Covered Persons and any financial advisor who is directly involved in the offer or sale of interests, and, in such case, this Agreement may, at the election of the Fund and/or MCUSA, terminate immediately in which case there would be no further obligation to make any payments under this Agreement; provided, however, no notice of termination from the Fund or MCUSA shall be necessary if the Disqualifying Event would prevent the ability to rely on the exemption from registration under the Rule and termination will be deemed automatic. Notice of such automatic termination will be circulated to all parties as soon as commercially practicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) You will provide such further information requested concerning any Disqualifying Events and consent to the disclosure of any such information in the offering materials for any Fund or otherwise as a Fund deems appropriate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) You represent, warrant, covenant and agree that, within the meaning of Rule 206(4)-5 of the Investment Advisers Act of 1940, as amended, neither you nor your "covered associates" has made, either directly or indirectly, within the two year period prior to the date hereof, and will not make, either directly or indirectly, during the term of this Agreement, any political contribution, other than one that is subject to an "exception" or an "exemption," to an "official" of any "government entity." The parties agree that the quoted terms in this subparagraph are defined in Rule 206(4)-5 under the Investment Advisers Act of 1940.

4. <u>Compensation.</u> 

In the event a prospective investor becomes an investor in the Fund (an "Investor"), as a result of your efforts, remains your client, and you provide related services to such Investor, you shall be entitled to receive such compensation as set forth in Exhibit A. MCUSA, acting solely as paying agent for the applicable Fund or the Adviser, as the case may be and as indicated in Exhibit A, shall compensate you pursuant to Exhibit A and its amendments only after such Fund or the Adviser, as applicable, or its respective designee has paid such compensation to MCUSA. Except as may otherwise be agreed, you shall be responsible for the payment of all costs and expenses incurred by you in connection with the performance of your obligations under this Agreement. It is agreed that, upon receipt by the Fund, the Adviser or MCUSA of a written notice from an Investor advising that such Investor (a) is no longer your client or (b) has transferred its account to another financial intermediary, the Fund, the Adviser and MCUSA will have no further obligation to pay any compensation to you on and after the date set forth in such written notice.

5. <u>Indemnification and Contribution.</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) You shall indemnify and agree to hold harmless the Funds, MCUSA, the Adviser, any manager to, or administrator or placement agent for the Funds, any sponsor, investment adviser or manager of any underlying fund, the underlying fund itself, their respective employees, directors, officers, agents, general partners, members and each person, if any, who, directly or indirectly, controls, is controlled by, or under common control with a Fund, MCUSA, any investment adviser to or administrator or placement agent for a Fund, any sponsor, investment adviser or manager of any underlying fund, the underlying fund itself, their respective employees, members, directors, officers, general partners and agents (each such person or entity is referred to as an "Indemnified Party") against any loss, damage, cost, charge, payment, liability or expense, joint or several, to which any Indemnified Party may become subject, insofar as such loss, damage, cost, charge, payment, liabilities or expense (or actions in respect thereof) arises out of or are based upon a breach by you of any of the covenants, agreements, representations or warranties contained in this Agreement, except to the extent any such loss, damages, cost, charge, payment, liability or expense arises from the gross negligence, bad faith, willful misfeasance or by reason of the reckless disregard of its obligations and duties under this Agreement of an Indemnified Party, and shall reimburse each Indemnified Party for any legal or other expenses reasonably incurred by it in connection with investigating or defending against any such loss, damage, cost, charge, payment, liability or expense.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each applicable Fund, the Adviser and MCUSA shall severally, and not jointly, indemnify and hold harmless you and your affiliates and directors, officers and employees (collectively "Your Affiliates") from and against any direct loss, damage, cost, charge, payment, liability or expense (including the reasonable cost of investigating or defending any alleged loss, damage, cost, charge, payment, liability or expense and reasonable counsel fees incurred in connection therewith), arising in connection with (i) such Fund's, the Adviser's or MCUSA's, as the case may be, gross negligence, bad faith, willful misfeasance or by reason of the reckless disregard of its obligations and duties under this Agreement regarding the purchase, transfer or registration of Interests for your clients or (ii) any untrue statement of a material fact in such Fund's Information or any omission to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that in no case is the foregoing indemnity to be deemed to protect you and Your Affiliates against any liability to which you or any such person would otherwise be subject by reason of you or Your Affiliates willful misfeasance, bad faith or gross negligence or by reason of the reckless disregard of your obligations and duties, or those of Your Affiliate, as the case may be, under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) No party to this Agreement shall be liable to any other party for consequential, special or indirect damages under any provision of this Agreement.

6. <u>Confidentiality.</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The parties agree to keep all sensitive information concerning the Fund and its operations, business prospects and Investor or prospective Investor information in strict confidence, subject to the uses of Investor or prospective Investor information set forth in the Fund's Privacy Notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The parties have taken all steps necessary to comply in all material respects with applicable federal and state laws, regulations and rules governing consumer information security and privacy, including but not limited to Title 5 of the Gramm-Leach-Bliley Act, 15 U.S.C. §§ 6801-6827 and Regulation S-P, codified at 17 C.F.R., Part 248, Massachusetts General Laws 201 CMR 17.00 et seq., and by the rules and regulations of FINRA governing consumer information security and privacy. To the extent one party provides the other party with any nonpublic Personal Information (as defined below) to perform services or functions on behalf of the other party or otherwise in connection with this Agreement, such party will not disclose such Personal Information for any purpose other than to carry out the purposes for which the Personal Information was provided or as permitted or required by law in the ordinary course of business to carry out those purposes. "Personal Information" includes any personally identifiable information or records in any form (written, electronic, or otherwise) relating to a consumer or client, including, but not limited to: (i) a client's name, address, telephone number, account number, tax identification information; (ii) the fact that a client has a relationship with one of the parties; and (iii) any other personal identifiable information; provided, however, that Personal Information shall not include any such information that a party obtained independently and not in connection with this Agreement or the services hereunder. Each party has adopted and implemented policies and procedures that address administrative, technical, and physical safeguards for the protection of client records and Personal Information and that are reasonably designed to: (i) ensure the security and confidentiality of client records and Personal Information; (ii) protect against any anticipated threats or hazards to the security or integrity of client records and Personal Information; (iii) protect against unauthorized access to or use of client records and Personal Information that could result in substantial harm or inconvenience to any client; and (iv) protect against unauthorized disclosure or use of client records and Personal Information in connection with the disposal thereof or upon the expiration of this Agreement, unless otherwise prohibited by law. Each party agrees that it will notify the other of any security breaches that may reasonably lead to a compromise of personally identifiable client information retained by such party. The parties agree to provide prompt notification of security breaches to facilitate swift and appropriate action to minimize the impact of the security breach.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) You shall not provide Investors or prospective Investors with any information concerning any Fund, the Adviser or MCUSA, or the underlying funds or their affiliates unless specifically permitted herein or the Fund and/or MCUSA have approved, in writing, such information for use. Except as contemplated by the preceding sentence or as required by applicable law, self -regulatory organization or legal process, all parties (i) shall keep confidential all non-public information provided the parties; (ii) shall not disclose such information to any third party or to any of your employees or advisors, except those who have a need to know in order to perform the responsibilities hereunder; and (iii) shall use such information solely in connection with the duties and responsibilities in connection with the placement of Interests. The parties shall be responsible for any breach by such persons of these confidentiality obligations to the extent such persons are employees, agents or affiliates to whom the parties have provided access to such information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) You shall, upon request by the Fund or MCUSA, suspend offers and sales of Fund Interests at any time.

7. <u>Representations and Indemnities to Survive Delivery.</u> 

The representations, warranties, and indemnities of the parties set forth in this Agreement will remain in full force and effect, regardless of (i) any termination of this Agreement, (ii) any investigation made by or on behalf of you, or any Fund, any general partners, managers, members, employees, agents, directors or officers of any of the foregoing or any person controlling any of the foregoing, and (iii) acceptance of any payment for Interests hereunder. The provisions of this Section shall survive the termination or cancellation of this Agreement.

8. <u>Effective Date and Term of Agreement.</u> 

This Agreement shall become effective for all purposes as of the date first noted above, or as otherwise dated on Exhibit A, and shall continue until terminated in accordance with the provisions of paragraph 9 below.

9. <u>Termination.</u> 

This Agreement may be terminated at any time as respects any Fund by any party without cause by written notice to the other parties on not less than 30 days' notice, or, if there has been a material breach of any condition, warranty, representation or other term of this Agreement by the other, by written notice to such other party at any time, effective upon receipt thereof. In addition, with respect to any Fund that is registered under the 1940 Act, this Agreement (i) is terminable without penalty, at any time, by a majority of such Fund's Directors who are not "interested persons (as defined in the 1940 Act) and have no direct or indirect financial interest in this Agreement (the "Disinterested Directors") or by the vote of a majority of the outstanding voting securities of such Fund, on not less than 30 days' notice to you, (ii) will terminate upon the failure of the Disinterested Directors to approve its continuance as may be required under the 1940 Act and (iii) will terminate automatically in the event of an "assignment" (as defined in the 1940 Act).

10. <u>Notices.</u> 

All communication under this Agreement shall be given in writing, sent by (i) email or (ii) registered mail to the address set forth below or to such other address as such party shall have specified in writing to the other party hereto, and shall be deemed to have been delivered effective at the earlier of its confirmed receipt or within two days after dispatch:

If to [NAME of Sub-Placement Agent]:

[NAME of Sub-Placement Agent]

[ADDRESS]

[E-MAIL ADDRESS]

If to Macquarie Capital (USA) Inc.

c/o Paulina Chan, Chief Compliance Officer

660 Fifth Avenue

New York, NY 10103

Telephone: 718-536-6270

Email: paulina.chan@macquarie.com

If to a Fund or the Adviser:

Name of Fund Listed on Exhibit A

c/o Alex Lee, President, Macquarie Wealth Advisers, LLC

660 Fifth Avenue

New York, NY 10103

Telephone: 347-603-9082

Email: alex.lee2@macquarie.com

11. <u>Miscellaneous.</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) This Agreement may be executed in counterparts, each of which when so executed and delivered shall constitute one and the same instrument. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and assigns and no other person shall have any right or obligation hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) This Agreement supersedes all prior agreements and understandings relating to the subject matter hereof, and neither this Agreement nor any term hereof may be changed, waived, discharged or terminated except by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge or termination is sought. The headings in this Agreement are for purposes of reference only and shall not limit or otherwise affect the meaning hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) This Agreement may be amended only upon mutual written agreement of the parties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) If any provision of this Agreement shall be held or made invalid by a court decision, statute, rule or otherwise, the remainder of the Agreement shall not be affected thereby.

12. <u>Governing Law.</u> 

THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE WITHOUT REGARD TO THE CONFLICTS OF LAWS PROVISIONS THEREOF.

ANY ACTION OR PROCEEDING BASED HEREON, OR ARISING OUT OF YOUR ENGAGEMENT HEREUNDER, SHALL BE BROUGHT AND MAINTAINED EXCLUSIVELY IN THE COURT OF CHANCERY OR OTHER COURTS OF THE STATE OF DELAWARE. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY CLAIM BASED UPON OR ARISING OUT OF THIS AGREEMENT AND IRREVOCABLY SUBMITS TO THE JURISDICTION OF THE COURT OF CHANCERY OR OTHER COURTS OF THE STATE OF DELAWARE FOR THE PURPOSE OF ANY SUCH ACTION OR PROCEEDING AS SET FORTH ABOVE AND IRREVOCABLY AGREES TO BE BOUND BY ANY JUDGMENT RENDERED THEREBY IN CONNECTION WITH SUCH ACTION OR PROCEEDING. EACH PARTY HERETO ALSO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION WHICH IT MAY HAVE OR HEREAFTER MAY HAVE TO THE LAYING OF VENUE OF ANY SUCH ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT REFERRED TO ABOVE AND ANY CLAIM THAT ANY SUCH ACTION OR PROCEEDING HAS BEEN BROUGHT IN AN INCONVENIENT FORUM.

If the foregoing correctly sets forth our understanding with you, please indicate your acceptance in the space provided below whereupon this letter will form a valid and binding contract among the signers in accordance with its terms.

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| | |
|:---|:---|
| Very truly yours, | Very truly yours, |
| MACQUARIE CAPITAL (USA) INC. | MACQUARIE CAPITAL (USA) INC. |
| By: |  |
|  | Name: |
|  | Title: |
| MACQUARIE WEALTH ADVISERS, LLC ON BEHALF OF ITSELF, AND [NAME of Fund] | MACQUARIE WEALTH ADVISERS, LLC ON BEHALF OF ITSELF, AND [NAME of Fund] |
| By: |  |
|  | Name: |
|  | Title: |

---

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| | |
|:---|:---|
| Accepted to and agreed: | Accepted to and agreed: |
| [NAME of Sub-Placement Agent] | [NAME of Sub-Placement Agent] |
| By: |  |
|  | Name: |
|  | Title: |

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EXHIBIT A

DESIGNATED FUNDS AND

<u>COMPENSATION ARRANGEMENT</u>

[*To be completed*]

APPENDIX A

<u>BAD ACTOR DISCLOSURE:</u>

## Ex-99.(H)(3)

**Exhibit 99.(h)(3)**

**CPG CARLYLE COMMITMENTS FUND, LLC**

**FORM OF AMENDED AND RESTATED DISTRIBUTION PLAN**

December 14, 2012, as amended and restated, [__], 2025

This Distribution Plan (the "Plan") has been adopted in conformity with Rule 12b-1 (the "Rule") under the Investment Company Act of 1940, as amended (the "1940 Act"), by CPG Carlyle Commitments Fund, LLC, a Delaware limited liability company (the "Fund"), with respect to each class (each, a "Class") of units of beneficial interest (the "Units") listed on Appendix A hereto, as such Appendix may be revised from time to time, subject to the terms and conditions set forth herein.<sup>1</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1. Sub-Placement Agent Fee**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Macquarie Capital (USA) Inc. (the "Placement Agent"), in its capacity as the placement agent of the Fund's Units on a best efforts basis and pursuant to the terms of the Placement Agent Agreement between the Fund and the Placement Agent, is authorized to retain brokers, dealers and certain financial advisors (which may include wealth advisors) (collectively, "Sub-Placement Agents") for the sale and marketing of each Class listed on Appendix A and for related sales support services to the holders of each Class. The Fund may pay to the Placement Agent, with respect to and at the expense of each Class, a fee (the "Sub-Placement Agent Fee"), as applicable, and as more fully described below, such fee in the aggregate to be at the annual rate specified with respect to such Class on Appendix A.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Sub-Placement Agent Fee payments under the Plan will be used primarily by the Placement Agent to compensate Sub-Placement Agents for distribution services and related sales support services provided in connection with the offering and sale of Units of the applicable Class, and to reimburse the Sub-Placement Agents for related expenses incurred. Sub-Placement Agents may use the Sub-Placement Agent Fee to compensate the financial advisory personnel involved in the placement of Units. Payments of the Sub-Placement Agent Fee may be made without regard to expenses actually incurred. Sub-Placement Agent Fees not so used, instead may be used to pay other expenses relating to the sale and marketing of each Class listed on Appendix A, including, without limitation, the production of marketing material.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Payments of the Sub-Placement Agent Fee on behalf of a particular Class must be in consideration of services rendered for or on behalf of such Class. However, joint distribution or sales support services is permitted in accordance with applicable law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2. Calculation and Payment of Fees**

The amount of the Sub-Placement Agent Fee payable with respect to each Class listed on Appendix A will be accrued and calculated monthly and paid quarterly, at the applicable annual rates indicated on Appendix A. The Sub-Placement Agent Fee will be calculated and paid separately for each Class.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3. Approval of Plan**

The Plan will become effective, as to any Class (including any Class not currently listed on Appendix A), upon its approval by (a) a majority of the Board of Directors, including a majority of the Directors who are not "interested persons" (as defined in the 1940 Act) of the Fund and who have no direct or indirect financial interest in the operation of the Plan or in any agreements related to the Plan ("Qualified Directors"), pursuant to a vote cast in person at a meeting called for the purpose of voting on the approval of the Plan, and (b) if the Plan is adopted for a Class after any offering of Units of the Class or the sale of Units of the Class to persons who are not affiliated persons of the Fund, affiliated persons of such persons, promoters of the Fund, or affiliated persons of such promoters, a majority of the outstanding voting securities (as defined in the 1940 Act) of such Class.

<sup>1</sup> The Rule does not apply to closed-end funds such as the Fund. However, the Fund, pursuant to the terms of an exemptive order issued by the Securities and Exchange Commission that permits the Fund to offer multiple classes of Units, must comply with the provisions of the Rule as if the Fund was a registered open-end investment company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4. Continuance of the Plan**

The Plan will continue in effect with respect to a Class for a period of more than one year after it takes effect only so long as its continuance is specifically approved at least annually by the Fund's Board of Directors in the manner described in Section 3(a) above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5. Implementation**

All agreements with any person relating to implementation of the Plan with respect to any Class shall be in writing, and any agreement related to the Plan with respect to any Class shall provide: (a) that such agreement may be terminated at any time, without payment of any penalty, by vote of a majority of the Qualified Directors or by a majority vote of the outstanding voting securities of the relevant Class, on not more than 60 days' written notice to any other party to the agreement; and (b) that such agreement shall terminate automatically in the event of its assignment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6. Termination**

The Plan may be terminated at any time with respect to the Units of any Class by vote of a majority of the Qualified Directors, or by a majority vote of the outstanding voting securities of the relevant Class.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7. Amendments**

The Plan may be amended with respect to any Class (including any Class not currently listed on Appendix A) by a majority of the Board of Directors, including a majority of Qualified Directors, provided that any material amendment of the terms of the Plan shall become effective only if approved in the manner described in Section 3(a) above, and provided further that any amendment to increase materially the costs that a Class may bear pursuant to the Plan also shall require the approval of a majority of the outstanding voting securities (as defined in the 1940 Act) of such Class.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8. Selection of Certain Directors**

While the Plan is in effect, the selection and nomination of the Fund's Directors who are not "interested persons" (as defined in the 1940 Act) of the Fund will be committed to the discretion of the Directors then in office who are not "interested persons" of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9. Written Reports**

While the Plan is in effect, the Directors will receive, and will review at least quarterly, written reports complying with the requirements of the Rule, which set out the amounts expended under the Plan and the purposes for which those expenditures were made.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10. Preservation of Materials**

The Fund will preserve copies of the Plan, any agreement relating to the Plan and any report made pursuant to Section 9 above, for a period of not less than six years (the first two years in an easily accessible place) from the date of the Plan, agreement or report.

IN WITNESS WHEREOF, the Fund has executed the Plan as of the date first above written on behalf of each Class listed on Appendix A.

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| |
|:---|
| CPG CARLYLE COMMITMENTS FUND, LLC |
| By: |
| Name: |
| Title: |

---

**APPENDIX A**

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| | |
|:---|:---|
| Class of Units of <br> Beneficial Interest | Sub-Placement Agent Fee<sup>2</sup> |
| Class A | 0.60% |

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<sup>2</sup> Expressed as an annual rate of the aggregate net asset value of the class of units of beneficial interest.