Corbin Capital Partners, L.P. 4

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).