Corbin Capital Partners, L.P. 4
4 · Privacore VPC Asset Backed Credit Fund · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Privacore VPC Asset Backed Credit Fund 10% Owner Buys $5M Stock
What Happened
Corbin Capital Partners, L.P., reported as a 10% owner, purchased 494,559.842 shares of Privacore VPC Asset Backed Credit Fund on 2026-05-13 at $10.11 per share, for a total reported transaction value of $5,000,000. This was a purchase (transaction code P), which retail investors often view as more informative than routine insider sales — though no motive is stated in the filing.
Key Details
- Transaction date: 2026-05-13; Filing date: 2026-05-15 (Accession 0000895345-26-000231).
- Price and amount: 494,559.842 shares at $10.11 each; total ~$5,000,000.
- Shares owned after transaction: Not specified in the Form 4.
- Transaction type: P = Purchase (open market or private purchase).
- Footnote summary: 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 GP) may also be deemed to share beneficial ownership. Both CCP and Corbin GP disclaim beneficial ownership except to the extent of their pecuniary interest.
- No indication in the filing of a 10b5-1 plan, tax withholding, or that the filing was delinquent.
Context
- This is an institutional/10% owner purchase, not necessarily an individual executive or director trade — such institutional buys reflect portfolio activity by an investment advisor/fund rather than personal trading.
- The filing is factual and does not state motivation; purchases can be seen as a positive signal but should be weighed with other research (fund strategy, position size, and timing).
Insider Transaction Report
Form 4
Corbin Capital Partners, L.P.
10% Owner
Transactions
- Purchase
Class I Shares
[F1][F2]2026-05-13$10.11/sh+494,559.842$5,000,000→ 3,227,916.872 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.