FS MVP Private Markets Fund (the “Fund”) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940. Organized as a Delaware statutory trust in 2021, the Fund is advised by Portfolio Advisors, LLC, a subsidiary of FS Investments, with FS Global Advisor, LLC serving as a sub-adviser for a portion of its senior credit strategy. The Fund aims to achieve long-term capital appreciation by investing in a diversified portfolio of private market assets, with a focus on mid-sized U.S. companies. Its investment strategy includes direct investments in private equity and credit, secondary purchases of existing fund interests, and primary commitments to new private market funds. The Fund may also invest in short-term and liquid instruments for cash management. It seeks to allocate at least 80% of its net assets to private market investments, primarily in private equity, with some exposure to private credit.
News and Notices
Future Standard
Jan 03, 2022
Tender Offer CEF
'40 Act
Quarterly
Monthly
USD
March 31
News and Notices
Portfolio Holdings
Portfolio Composition
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Tender Offers
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Jan 02, 2025
11:55
Fee, Redemption
FS MVP Private Markets Fund offered to repurchase up to 5.00% of net assets, or ~$98.6 million, with tenders due December 7, 2026. Accepted tendering shareholders receive cash at December 31, 2026 net asset value, less any 2.00% early repurchase fee.
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Sep 02, 2025
11:09
Redemption
FS MVP Private Markets Fund reported final tender offer results, accepting 100% of validly tendered shares: 462,119.860 Class A, 0.00 Class D and 599,258.570 Class I, with an aggregate purchase price of $15.0 million.
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Apr 03, 2026
12:07
Redemption
FS MVP Private Markets Fund offered to repurchase up to 5% of net assets, or about $92 million, with tenders due September 8, 2026. Accepted tenders will be paid within 10 business days of the September 30, 2026 valuation.
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Oct 03, 2023
10:43
Redemption
FS MVP Private Markets Fund reported final tender offer results, accepting 100% of valid tenders: 145,006 Class A shares, no Class D shares and 3.5 million Class I shares, for a $51.3 million aggregate purchase price.
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Feb 28, 2026
16:32
Marketing Material, Subscription
FS MVP Private Markets Fund updated its prospectus for a continuous Class A, Class I and Class D share offering of up to $2.3 billion. Purchases generally occur monthly at net asset value plus any applicable sales charge.
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May 15, 2025
11:30
Compliance
FS MVP Private Markets Fund provided a fund notice report for the year ended June 30, 2026, with no series or proxy voting records listed. Investors are not provided individual portfolio company voting records for the period.
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Jun 14, 2026
12:38
Marketing Material, Redemption
FS MVP Private Markets Fund updated repurchase and transfer provisions, requiring investors to maintain minimum balances of $25,000 for Class A and Class D shares and $100,000 for Class I shares unless waived.
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Jul 08, 2026
13:15
Compliance
FS MVP Private Markets Fund renewed fidelity insurance coverage at $1.5 million for June 30, 2026 through June 30, 2027. The premium has been paid, keeping required larceny and embezzlement protection in place.
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Jan 01, 2025
10:48
Marketing Material, Personnel
FS MVP Private Markets Fund removed Brooks Lindberg as Portfolio Manager effective immediately; he continues to serve as Interested Trustee, and references to his Portfolio Manager role were deleted from investor documents.
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Jun 26, 2023
16:41
Fee, Marketing Material
FS MVP Private Markets Fund updated its prospectus to revise Class A, Class I, and Class D expense tables, showing total annual fund operating expenses after waivers of 3.91%, 3.21%, and 3.46%, respectively. The Adviser’s amended expense limitation agreement remains effective until January 1, 2027 and caps certain operating expenses and expense ratios, subject to recoupment conditions.
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Preview
News
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Tender Offer CE Funds
Private Equity
North America
'40 Act in Focus: FS MVP Private Markets Fund
May 19, 2026

We examine the capital flows, investment activity, and performance of the secondaries-focused tender offer fund, leveraging EvergreenLink Data.

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Managers
'40 Act in Focus: FS MVP Private Markets Fund
Jun 12, 2025

SecondaryLink outlines the evergreen fund's returns, NAV performance, Q1 secondaries investments, and portfolio makeup as of April.

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Managers
'40 Act in Focus: FS MVP Private Markets Fund
Mar 12, 2025

SecondaryLink outlines the evergreen fund's returns, NAV performance, Q4 secondary investments, portfolio makeup, and structure.

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Managers
'40 Act in Focus: FS MVP Private Markets Fund
Dec 18, 2024

SecondaryLink outlines the evergreen fund's Q3 secondary investments, NAV performance, portfolio makeup, and structure.

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Investments
Managers
Private Equity
FS MVP Private Markets Fund makes 10 new purchases in Q1 FY25
Sep 9, 2024

The evergreen fund had total secondary investments worth $386 million at the end of the quarter, up 8% QoQ.

FS MVP Private Markets Fund
Future Standard is responsible for managing FS MVP Private Markets Fund.
FS MVP Private Markets Fund launched in 2022.
FS MVP Private Markets Fund is registered as a '40 Act fund.
FS MVP Private Markets Fund is structured as a Tender Offer CEF fund.
You can invest in FS MVP Private Markets Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in FS MVP Private Markets Fund monthly, subject to eligibility and fund subscription deadlines.
You can redeem shares of FS MVP Private Markets Fund quarterly, subject to redemption limits and notice requirements.
Shares of FS MVP Private Markets Fund can be purchased in USD.
FS MVP Private Markets Fund's fiscal year end is March 31.
FS MVP Private Markets Fund's net asset value was $1,900.9 million and its portfolio had a fair value of $1,909.1 million as of June 30, 2026.
Among other deal types, FS MVP Private Markets Fund primarily makes Secondary (non-CV) Investments.
Among other asset classes, FS MVP Private Markets Fund primarily invests in LBO.
Among other regions, FS MVP Private Markets Fund primarily invests in the USA and North America.
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