The Primark Meketa Private Equity Investments Fund (Ticker: PMPEX) is a continuously offered closed-end interval fund, registered under the Investment Company Act of 1940. The Fund is designed to provide exposure primarily to the middle market segment of the private equity asset class and seeks to provide recurring revenue, positive cash flow and diversification across geography, industry, vintage year, and portfolio management.
Key features:
Long-term capital appreciation potential
Diversified exposure to middle-market private equity
Co-investment structure for direct access to deals*
Through a single investment, investors gain exposure across multiple managers, vintage years, industries, sectors, and portfolio companies – all within a streamlined, institutional-caliber structure.
*Co-investments typically limit the amount of control management has over the assets within the portfolio and the timing of certain actions. There can be conflicts of interest between the two co-investing parties.
Fund Overview
SEC registered interval fund*
Diversified by geography, industry sector, vintage year, investment strategy, and portfolio manager
Target Fund Allocation
80% direct co-investments in privately held companies
10% PE fund investments (primary and secondaries)
10% liquid assets (cash equivalents and listed private asset investments)
* SEC registered does not imply endorsement or any other special features. The majority of public funds are SEC registered.
Ticker: MIFAX
Daily Nav: $27.88
Holdings | Co-Investment
Project Legacy is a new company, Transportation Equipment Network (“TEN”) formed by the consolidation of trailer leasing companies currently owned by I Squared Capital. This consolidation of enterprises will form one of the largest trailer leasing companies in North America.
Phoenix Tower International (“PTI”) is an owner, developer, and aggregator or macro cellular towers across Latin America, North America, and Europe. PTI will use investment capital to continue to expand its future growth.
Lincoln Terminals is a leading provider of terminal services with an entrenched position across five states in the Southeast and Mid-Atlantic regions. The company provides throughput and storage solutions for renewable fuels and is uniquely focused on reducing carbon emissions through automation, and driver and transportation efficiency.
Natural World Products is Ireland’s leading recycler of organic waste, managing 330,000 tonnes of household organics annually across the Island of Ireland. It processes 50% of all recycling from Local Authority Collected Municipal Waste in Northern Ireland, supporting councils in meeting statutory targets and advancing their Net Zero commitments. Over the past decade, it has diverted more than 2 million tonnes of organic waste from landfill.
Founded in 2017, Jupiter is the leading US stand-alone battery storage platform, being one of the first to build, operate and commercialize utility scale projects.
Empyrion Digital is a next-generation digital infrastructure platform committed to sustainability and the highest standards of responsible operating performance. Green by design, we develop and operate robust, scalable and carrier-neutral data centres for hyperscale and enterprise customers across Asia. Headquartered in Singapore, Empyrion Digital is a portfolio company of Seraya Partners, a leading Asia infrastructure fund with USD 1.8 billion of assets under management.
Alyeschem is developing a petrochemical facility on the North Slope of Alaska (the “Project”) to produce and deliver critical chemicals—specifically methanol and ultra-low sulfur diesel (ULSD)—to isolated markets. The Project aims to enhance supply security and address extreme logistical challenges by converting stranded natural gas into methanol, a chemical used on the North Slope for over 40 years as an antifreeze agent in various applications, including wells and pipelines. The plant will leverage proven technology and a secure gas feedstock to reduce costs, improve reliability, and lower emissions by 93%.
Investors should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This information is included in, and may be reviewed through the prospectus. Please read the prospectus carefully. An investment in the Fund is subject to, among others, the following risks:
The Fund is considered highly speculative, illiquid, and should only be considered by investors who can bear such risk for an indefinite period of time and can afford a complete loss of investment. There is no guarantee that any income will be generated, or distributions will be made. The shares are illiquid meaning you will likely not be able to transfer or redeem shares on demand or in the quantity desired. An investment will involve significant risks due to the nature of the fund’s investments. The fund does not represent a complete investment portfolio. There can be no assurance that the investment objectives of the Fund will be achieved. The managers and portfolio structure provided herein may be subject to change.
The Fund is not intended as a complete investment program but rather the Fund is designed to help investors diversify into private equity investments.
The Fund is a “nondiversified” management investment company registered under the Investment Company Act of 1940. An investment in the Fund involves risk.
The Fund is new with no significant operating history by which to evaluate its potential performance. There can be no assurance that the Fund’s strategy will be successful.
Shares of the Fund are not listed on any securities exchange and it is not anticipated that a secondary market for shares will develop. Shares are appropriate only for those investors who can tolerate a high degree of risk, do not require a liquid investment.
There is no assurance that you will be able to tender your shares when or in the amount that you desire. Although the Fund will offer quarterly liquidity through a quarterly repurchase process, an investor may not be able to sell or otherwise liquidate all their shares tendered during a quarterly repurchase offer.
The Fund’s investment in private equity companies is speculative and involves a high degree of risk, including the risk associated with leverage.
Distributor: Foreside Financial Services, LLC. Member FINRA. Foreside is not affiliated with the closed end fund or any of the entities named within this communication.
