MVP Private Markets Fund

12/16/2025 | Press release | Distributed by Public on 12/16/2025 13:18

Supplemental Prospectus (Form 424B3)

Filed pursuant to Rule 424(b)(3)
File No. 333-289059

FS MVP Private Markets Fund

Supplement dated December 16, 2025, to the

Statement of Additional Information ("SAI") dated July 29, 2025

Effective immediately, the table entitled "INTERESTED TRUSTEES AND OFFICERS" on page 15 of the SAI is deleted in its entirety and replaced with the following:

INTERESTED TRUSTEES AND OFFICERS

NAME,

ADDRESS

AND YEAR

OF BIRTH1

POSITION(S)

WITH THE

FUND

LENGTH

OF TIME SERVED2

PRINCIPAL

OCCUPATION(S)

DURING PAST 5

YEARS

PORTFOLIOS

IN FUND

COMPLEX

OVERSEEN

BY TRUSTEE3

OTHER

DIRECTORSHIPS4

HELD BY

TRUSTEE

Brooks Lindberg5,

1972

Trustee Since Inception

Managing Director

(since 20206) at Future Standard; Private investor (2016-2020).

1 N/A

Michael C. Forman,

1961

Chief Executive Officer and President Chief Executive Officer Since August 2025 and President Since December 2025 Chairman and Chief Executive Officer, Future Standard N/A N/A

William Goebel,

1974

Treasurer Since August 2025 Managing Director, Fund Finance, Future Standard N/A N/A

Stephen Sypherd,

1977

Secretary Since November 2025 Managing Director and General Counsel at Future Standard N/A N/A

James F. Volk

1962

Chief Compliance Officer

Since October 2025 Managing Director, Fund Compliance, Future Standard N/A N/A
(1) The business address for each Trustee and Mr. Lindberg is 9 Old Kings Highway South, Darien, Connecticut 06820. The business address for Mr. Forman, Mr. Goebel, Mr. Sypherd and Mr. Volk is 3025 John F. Kennedy Boulevard, Philadelphia, PA 19104.
(2) Each Officer serves an indefinite term, until his successor is elected.
(3) The complex consists of the Fund.
(4) Includes any company with a class of securities registered pursuant to Section 12 of the Exchange Act or subject to the requirements of Section 15(d) of the Exchange Act or any company registered under the Investment Company Act.

(5)

(6)

Mr. Lindberg is an "interested person" (as that term is defined in the Investment Company Act) because of his affiliations with the Adviser.

Mr. Lindberg's principal employer was Portfolio Advisors, LLC until Portfolio Advisors became a subsidiary of Future Standard in 2023.

Please retain this Supplement with the SAI for future reference.

MVP Private Markets Fund published this content on December 16, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 16, 2025 at 19:18 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]