Felicitas Private Markets Fund

Investment Focus

We allocate to attractive value-oriented private market opportunities across private credit, and private equity, and real estate with a strong focus on downside protection through credit-like structuring.

On a select basis, we may allocate primary capital to private funds, co-invest directly alongside or invest directly into private companies.

We also invest in highly inefficient segments of the secondary market, often involving complex transactions on assets more difficult to underwrite.

An investor should consider the Fund’s investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information can be found in the Fund’s prospectus, a copy of which may be obtained from Skypoint Capital Advisors at (888) 884-8810. Please read the prospectus carefully before investing.

Investment in the Felicitas Private Markets Fund is speculative and involves substantial risks, including the risk of loss of a Shareholder’s entire investment. Investors may not have immediate access to invested capital for an indefinite period of time and must have the financial ability, sophistication/experience, and willingness to bear the risks of an illiquid investment. No public market for Shares exists, and none is expected to develop in the future. An investor’s participation in the Fund is a long-term commitment, with no certainty of return. The Fund is a newly organized, non-diversified, closed-end management investment company with no operating history, and is subject to business risk and uncertainties, including the risk that the Fund will not achieve its investment objectives. The Investment portfolio of the Fund may be subject to rapid change in value than would be the case if the Fund were to maintain a wide diversification amount securities or industry sectors. By investing in Investment Funds indirectly through the Fund, the investor bears asset-based fees and performance-based fees and allocations.

The Fund’s success depends on the acumen and expertise of the Sub–Adviser in selecting Investment Funds and the acumen and expertise of the Underlying Managers in selecting portfolio securities or other assets in which to invest. The strategies implemented by the Underlying Managers typically are leveraged. The use of leverage increases both risk of loss and profit potential.

Many of the Investments by Investment Funds will involve private securities and, therefore, may include significant risks not otherwise present in public market investments. The Investment Funds’ investments may involve highly speculative investment techniques, including highly concentrated portfolios, investments in unproven technologies, less-developed companies, control positions and illiquid investments. The Fund and the Investment Funds may invest in loans that a face exposure to adverse business, financial or economic conditions which could lead to the issuer’s inability to meet timely interest and principal payments. Loans involve the risk that the obligor either cannot or will not fulfill its obligations under the terms of the loan documents. In evaluating credit risk, the Sub-Adviser and the Underlying Managers will often rely upon information provided by the obligor, which may be materially inaccurate or fraudulent. The value of companies investing in real estate is affected by, among other things: (i) changes in general economic and market conditions; (ii) changes in the value of real estate properties;(iii) risks related to local economic conditions; overbuilding and increased competition; (iv) increases in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal of property to tenants; (viii) the availability of financing and (ix) changes in interest rates. Many real estate companies utilize leverage, which increases investment risk and could adversely affect a company’s operations and market value in periods of rising interest rates. There can be no assurance of profitable operations for any private equity investment or real estate property or the repayment of any debt investment.

The Felicitas Private Market Fund is distributed by UMB Distribution Services, LLC (UMBDS). Check the background of UMB Distribution Services on FINRA’s BrokerCheck. UMBDS is not affiliated with Skypoint Capital Advisors, LLC or Felicitas Global Partners, LLC. Skypoint Capital Advisors, LLC (“Adviser”) is an SEC-registered investment adviser offering financial advisors access to investment managers with experience in alternative asset classes. Registration does not imply a certain level of skill or training.