0001580642-24-001595.txt : 20240308 0001580642-24-001595.hdr.sgml : 20240308 20240308133633 ACCESSION NUMBER: 0001580642-24-001595 CONFORMED SUBMISSION TYPE: SC TO-I/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240308 DATE AS OF CHANGE: 20240308 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Peachtree Alternative Strategies Fund CENTRAL INDEX KEY: 0001682662 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC TO-I/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89754 FILM NUMBER: 24733529 BUSINESS ADDRESS: STREET 1: C/O ULTIMUS FUND SOLUTIONS, LLC STREET 2: 225 PICTORIA DRIVE, SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246 BUSINESS PHONE: 513-587-3400 MAIL ADDRESS: STREET 1: C/O ULTIMUS FUND SOLUTIONS, LLC STREET 2: 225 PICTORIA DRIVE, SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Peachtree Alternative Strategies Fund CENTRAL INDEX KEY: 0001682662 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC TO-I/A BUSINESS ADDRESS: STREET 1: C/O ULTIMUS FUND SOLUTIONS, LLC STREET 2: 225 PICTORIA DRIVE, SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246 BUSINESS PHONE: 513-587-3400 MAIL ADDRESS: STREET 1: C/O ULTIMUS FUND SOLUTIONS, LLC STREET 2: 225 PICTORIA DRIVE, SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246 SC TO-I/A 1 peachtree_sc-toia.htm SC TO-I/A

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE TO

 

TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

PEACHTREE ALTERNATIVE STRATEGIES FUND

(Name of Subject Company (Issuer))

 

PEACHTREE ALTERNATIVE STRATEGIES FUND

(Name of Filing Person(s) (Issuer))

 

Institutional Shares

(Title of Class of Securities)

 

70469B 102

(CUSIP Number of Class of Securities)

 

Jesse D. Hallee

Secretary

Peachtree Alternative Strategies Fund

225 Pictoria Drive, Suite 450, Cincinnati, OH 45246

(513) 869-4335

(Name, Address and Telephone Number of Person Authorized to Receive Notices and

Communications on Behalf of the Filing Person(s))

 

Copy to:

 

Thomas G. Sheehan, Esq.

Practus, LLP

11300 Tomahawk Creek Pkwy, Suite 310

Leawood, KS 66211

(207) 553-3834

 

October 13, 2023

(Date Tender Offer First Published,

Sent or Given to Security Holders)

 

 
 

 

 Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

 

Check the appropriate boxes below to designate any transactions to which the statement relates:

  third-party tender offer subject to Rule 14d-1.
     
  X issuer tender offer subject to Rule 13e-4.
     
  going-private transaction subject to Rule 13e-3.
     
  amendment to Schedule 13D under Rule 13d-2.

 

Check the following box if the filing is a final amendment reporting the results of the tender offer: X

 

 
 

 

Item 1 through Item 9 and Item 11.

 

This final amendment relates to the Issuer Tender Offer Statement on Schedule TO (the “Statement”) originally filed with the U.S. Securities and Exchange Commission on October 13, 2023 by Peachtree Alternative Strategies Fund (the “Fund”) in connection with an offer by the Fund to purchase Institutional Shares of the Fund (“Shares”) from shareholders of that class (“Shareholders”) in an aggregate amount of up to ten percent (10%) of the Fund’s net asset value as of December 29, 2023 subject to the terms and conditions set out in the related Offer to Purchase and Letter of Transmittal. Copies of the Offer to Purchase and Letter of Transmittal were previously filed with the Statement on October 13, 2023.

 

This is the final amendment to the Statement and it is being filed to report the results of the Offer. The following information is furnished pursuant to Rule 13e-4(c)(4):

 

(1)Shareholders who desired to tender their Shares, or a portion thereof, for purchase were required to submit their tenders prior to 11:59 P.M., Eastern Time, on November 13, 2023.

 

(2)143,550.836 Shares were validly tendered and not withdrawn prior to the expiration of the Offer and all of those Shares were accepted for repurchase by the Fund in accordance with the terms of the Offer.

 

(3)The Valuation Date of the Shares tendered pursuant to the Offer was December 29, 2023.

 

(4)24 Shareholders tendered all of their Shares and received partial payment of the repurchase price in accordance with the Statement1. 48 Shareholders tendered a portion of their Shares and received full payment of the repurchase price. On February 2, 2024, the Fund paid the 72 Shareholders a total of $14,596,248.42, representing the amount currently payable in connection with the Offer.

 

Item 12(b). Filing Fee

 

Calculation of Filing Fee Tables

 

 

 

 

 

 

 

 


1 In accordance with the Statement, the Fund paid 95% of the value of the Shares as of the Valuation Date. A second and final payment of the remaining 5% of the value of the Shares as of the Valuation Date will be made within sixty (60) days of the completion of the next annual audit of the Fund by the Fund’s independent registered public accountant, which is expected to be approximately June 2024.

 
 

SIGNATURE

After due inquiry and to the best of my knowledge and belief, I certify that the information set out in this statement is true, complete and correct.

 

 

PEACHTREE ALTERNATIVE STRATEGIES FUND

 

   
         
         
  By: /s/ Ford Donohue_________________________  
    Name: Ford Donohue    
    Title: President, Principal Executive Officer    
                 

 

March 8, 2024

 

 
 

 

EXHIBIT INDEX

 

EXHIBIT

 

Calculation of the Filing Fee Table

 

EX-FILING FEES 2 filing-fee.htm

EX-FILING FEES

 

Calculation of Filing Fee Tables

 

FORM SC TO-I/A
(Form Type)

 

Peachtree Alternative Strategies Fund

(Exact Name of Registrant as Specified in its Charter)

 

Table 1 – Transaction Valuation

 

  Transaction
Valuation
Fee rate Amount of
Filing Fee
Fees to Be Paid - $147.60 -
Fees Previously Paid $23,986,882.074(1)   $3,540.46
Total Transaction Valuation $23,986,882.074    
Total Fees Due for Filing     $3,540.46
Total Fees Previously Paid     $3,540.46
Total Fee Offsets     -
Net Fee Due     $0.00

 

(1)Calculated as the aggregate maximum value of Shares being purchased. The fee of $3,540.46 was paid in connection with the filing of the Schedule TO-I by Peachtree Alternative Strategies Fund (File No. 005-89754) on October 13, 2023 (the “Schedule TO”). This is the final amendment to the Schedule TO and is being filed to report the results of the offer

 

 

 

 

 

 

 

 

 
 

Table 2 – Fee Offset Claims and Sources(2)

 

  Registrant
or Filer Name
Form or
Filing Type
File Number Initial
Filing Date
Filing Date Fee Offset Claimed Fee Paid with
Fee Offset Source
Fee Offset Claims              
Fee Offset Sources              

 

(2)Not applicable.