Corbin Capital Partners, L.P. 4
4 · Privacore VPC Asset Backed Credit Fund · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
Privacore VPC Asset Backed Credit Fund: Corbin Capital (10% Owner) Buys Shares
What Happened
Corbin Capital Partners, L.P. — reported as a 10% owner — purchased 496,031.746 Class I shares of Privacore VPC Asset Backed Credit Fund on April 2, 2026. The transaction price was $10.08 per share for a total reported value of $5,000,000. This was a purchase (transaction code P), which is generally a more informative signal to investors than routine sales because it represents a capital allocation into the company’s shares.
Key Details
- Transaction date: 2026-04-02; filing date (Form 4): 2026-04-07. The filing occurred five days after the trade and may be later than the typical Section 16 deadline (generally two business days).
- Price and amount: 496,031.746 shares at $10.08 per share; total value $5,000,000.
- Shares owned after transaction: Not specified in the information provided on this Form 4.
- Footnotes:
- The shares are held directly by CCP 575 Investment Accelerator, LLC, which is wholly owned by Corbin ERISA Opportunity Fund, Ltd. Corbin Capital Partners, L.P. is the investment advisor to that fund and may be deemed to have beneficial ownership; Corbin Capital Partners GP, LLC (the general partner) may also be deemed to share beneficial ownership.
- Corbin entities disclaim beneficial ownership except to the extent of any pecuniary interest (standard disclaimer).
- Transaction type: Open market or private purchase (reported as P).
Context
- This is an institutional/10% owner purchase, not an executive (officer/director) trade. Such buys can reflect an institutional allocation or repositioning rather than a personal insider signal.
- No derivatives, option exercises, gifts, or immediate sales were reported in this transaction.
Insider Transaction Report
Form 4
Corbin Capital Partners, L.P.
10% Owner
Transactions
- Purchase
Class I Shares
[F1][F2]2026-04-02$10.08/sh+496,031.746$5,000,000→ 1,987,088.373 total(indirect: See footnotes)
Footnotes (2)
- [F1]Held directly by CCP 575 Investment Accelerator, LLC ("CCP 575"), which is wholly owned by Corbin ERISA Opportunity Fund, Ltd., a Cayman Islands exempted company ("CEOF"). Corbin Capital Partners, L.P., a Delaware limited partnership ("CCP") is the investment advisor to CEOF and may be deemed to have beneficial ownership over the Class I Shares held by CEOF. Corbin Capital Partners GP, LLC, a Delaware limited liability company ("Corbin GP") is the general partner of CCP and may be deemed to share beneficial ownership over the Class I Shares held by CEOF over which CCP shares beneficial ownership.
- [F2]Each of CCP and Corbin GP disclaims beneficial ownership of all reported shares except to the extent of their pecuniary interest therein and the inclusion of the shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for the purposes of Section 16 or otherwise.