a SecondaryLink affiliate.
Why Join?News
Data
Investments Growth Capital Flows Returns Fees Ownership Market Activity
FundsGet Newsletter
Sign UpLogin
iDirect Private Markets Fund (the “Fund”) is organized as a Delaware statutory trust that commenced operations on July 31, 2015, and is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a closed-end, non-diversified investment management company. iCapital Registered Fund Adviser LLC (the “Adviser” or “iRFA”), an affiliate of Institutional Capital Network, Inc. (“iCapital”), serves as the Fund’s investment adviser. The Fund currently offers two separate classes of shares of beneficial interest, designated Class A and Class I (each, “Shares”) on a continuous basis at the net asset value (“NAV”) per share plus any applicable sales loads.
News and Notices
iCapital
2015
'40 Act
Tender Offer CEF
USD
Quarterly
Daily
0.90%
March 31
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Secondary Pricing
Capital Flows
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
1-10 of 105
Notices
Date
Time (ET)
Notice Type
Source
Notice
Mar 25, 2025
17:08
Compliance
YCI7QqR
iDirect Private Markets Fund reported its 2026 annual proxy voting notice report for the period ended June 30, 2026, with zero series included and Nick Veronis, President of the Trust, signing on August 25, 2026.
Jul 14, 2026
13:26
Fees, Redemptions
sWfFkV0m
iDirect Private Markets Fund launched a tender offer to repurchase up to 5% of its $1.3 billion net assets. Investors must tender by September 23 and may face a 2% fee on shares held under one year.
Jul 31, 2024
17:20
Performance, Redemptions
GmEsiBLY
iDirect Private Markets Fund reported final tender offer results: $17.9 million of shares were validly tendered, accepted and paid, with March 31, 2026 net asset values of $18.62 for Class A and $41.15 for Class I.
Jul 29, 2026
17:03
Marketing Materials, Subscriptions
m5CveKb
iDirect Private Markets Fund updated its prospectus to state it has operated as a non-diversified closed-end fund since 2015 and is offering up to $852 million of Class A and Class I shares continuously.
Jun 01, 2025
10:51
Ownership, Personnel
k4EyIr5
Secretary Brian Thomas Hourihan disclosed no securities owned in iDirect Private Markets Fund as of June 24, 2026, in an initial ownership disclosure.
Jul 22, 2025
17:07
Marketing Materials, Subscriptions
Bm6yG4RfD
iDIRECT Private Markets Fund removed the requirement that prospective investors represent accredited investor status, effective immediately. Investor eligibility criteria no longer include accredited investor references.
Apr 15, 2025
12:23
Fees, Redemptions
AGzMdmoW
iDirect Private Markets Fund is offering to repurchase up to 5% of net assets, with tenders priced at NAV as of June 30, 2026 and subject to a 2% early repurchase fee for Shares held less than one year. Shareholders may withdraw tenders through June 26, 2026, and accepted Shares will be paid in cash on or before the 65th day after the Notice Date.
Sep 09, 2025
10:16
Performance, Redemptions
hcWhds1D
iDirect Private Markets Fund filed a Final Amendment reporting that its tender offer expired on December 26, 2025, and that $19.8 million of Shares were validly tendered, accepted for purchase, and paid for. The Amendment also states the December 31, 2025 net asset values were $18.92 for Class A Shares and $41.75 for Class I Shares.
Nov 13, 2023
12:34
Marketing Materials, Redemptions
YHGU53O
iDirect Private Markets Fund is offering to repurchase up to 5% of net assets at March 31, 2026 NAV, with 40,331,197 Shares outstanding and aggregate NAV of $1.2 billion. Shareholders may tender by March 25, 2026 and withdraw until March 27, 2026.
Apr 06, 2023
12:44
Performance, Redemptions
Cn3Gc0y
iDirect Private Markets Fund reported its final issuer tender offer results: the offer expired on September 25, 2025, and $18.6 million of Shares were validly tendered, accepted, and paid for. The amendment also states the September 30, 2025 NAV per Class A Share was $18.46 and per Class I Share was $40.67.
Preview
iDirect Private Markets Fund
iCapital is responsible for managing iDirect Private Markets Fund.
iDirect Private Markets Fund launched in 2015.
iDirect Private Markets Fund is registered as a '40 Act fund.
iDirect Private Markets Fund is structured as a Tender Offer CEF fund.
You can invest in iDirect 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 iDirect Private Markets Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of iDirect Private Markets Fund quarterly, subject to redemption limits and notice requirements.
Shares of iDirect Private Markets Fund can be purchased in USD.
iDirect Private Markets Fund's fiscal year end is March 31.
iDirect Private Markets Fund's net asset value was $1,261.4 million and its portfolio had a fair value of $1,287 million as of June 30, 2026.
Among other deal types, iDirect Private Markets Fund primarily makes Direct Investments.
Among other asset classes, iDirect Private Markets Fund primarily invests in LBO and Coinvestment Fund Single Asset.
Among other regions, iDirect Private Markets Fund primarily invests Globally.
WHY JOIN?
Make data-driven decisions, build strategic connections and stay informed with every decision that evergreen funds make. Read More...