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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
\nWASHINGTON, D.C. 20549

SCHEDULE TO

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1)\nOR 13(e)(1)
\nOF THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

iDirect Private Markets Fund
\n(Name of Subject Company (Issuer))

iDirect Private Markets Fund

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

SHARES OF BENEFICIAL INTEREST
\n(Title of Class of Securities)

Class A: 451066203

Class I: 451066104
\n(CUSIP Number of Class of Securities)

Nick Veronis

iCapital Registered Fund Adviser LLC

60 East 42^nd Street

26^th Floor
\nNew York, NY 10165
\n212-994-7333

(Name, Address, and Telephone Number of Person\nAuthorized to Receive Notices and
\nCommunications on Behalf of the Filing Person(s))

With a copy to:
\nRichard Horowitz, Esq.
\nAlexander C. Karampatsos, Esq.

Dechert LLP
\n1095 Avenue of the Americas
\nNew York, NY 10036
\n(212) 698-3500
\n
\n

[_]

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

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

[_] third-party\ntender offer subject to Rule 14d-1.

[X] issuer\ntender offer subject to Rule 13e-4.

[_] going-private\ntransaction subject to Rule 13e-3.

[_] amendment\nto Schedule 13D under Rule 13d-2.

Check the following\nbox if the filing is a final amendment reporting the results of the tender offer: [X]\t

FINAL AMENDMENT TO TENDER OFFER STATEMENT

This Final Amendment relates\nto the Issuer Tender Offer Statement on Schedule TO (the “Statement”) originally filed with the U.S. Securities and Exchange\nCommission on May 15, 2026 by iDirect Private Markets Fund (the “Fund”) in connection with an offer (the “Offer”)\nby the Fund to purchase up to $63,880,882.15 of Class A and Class I shares of beneficial interest (“Shares”) in accordance\nwith the terms and conditions set forth in the Offer to Purchase and the related Letter of Transmittal. Copies of the Offer to Purchase\nand Letter of Transmittal were previously filed as Exhibits B and C to the Statement, respectively.

This is the Final Amendment\nto the Statement and is being filed to report the results of the Offer. Capitalized terms not otherwise defined herein shall have the\nmeanings ascribed to them in the Offer to Purchase or the Statement.

The following information\nis furnished pursuant to Rule 13e-4(c)(4) under the Securities Exchange Act of 1934, as amended:

1. The\nOffer expired on June 26, 2026, at 12:00 midnight, Eastern time.

2. The\nnet asset value (“NAV”) of the Shares tendered pursuant to the Offer was calculated as of June 30, 2026. The NAV per Share\nof Class A Shares and Class I Shares were $18.61 and $41.18, respectively.

3. The\nFund paid tendering shareholders a total of $21,107,970.92 for Shares that were validly tendered and not withdrawn prior to the expiration\nof the Offer. All Shares tendered pursuant to the Offer were accepted for purchase and paid for by the Fund in accordance with the terms\nof the Offer.

SIGNATURE

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

iDirect Private Markets Fund

By: /s/Indira Mahadeo

Name: Indira Mahadeo

Title: Treasurer

October 14, 2026

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