First Trust Private Assets Fund Oversubscribed

First Trust Private Assets Fund received redemption requests totaling $6.16 million for its tender offer period ended June 30, 2026, exceeding the maximum offer cap of $3.80 million by 62.1%. The fund fulfilled redemption requests on a pro rata basis at 61.7%, repurchasing $3.80 million in shares representing 5.0% of net asset value. Payment occurred on July 7, 2026.