Exhibit 99.(p)
SEI Investments Company
One Freedom Valley Drive
Oaks, Pennsylvania 19456
October 15, 2026
SEI Carlyle Private Markets Fund
One Freedom Valley Drive
Oaks, Pennsylvania 19456
Re: Subscription for the Purchase of Shares of Beneficial Interest of SEI Carlyle Private Markets Fund
Ladies and Gentlemen:
SEI Investments Company (hereinafter, “we”) hereby subscribes to purchase shares of beneficial interest (collectively, the “Shares”) of the SET Carlyle Private Markets Fund (the “Trust”) as follows:
| Share Class | Number of | Price per | Aggregate | |||||||
| Shares | Share | Price | ||||||||
| Class I Shares | 10,000 | $10.00 | $100,000 |
We will purchase the Shares in a private offering prior to the effective date of the Form N-2 registration statement filed by the Trust under the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended.
We consent to the filing of this letter as an exhibit to the Form N-2 registration statement of the Trust.
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If you agree to these terms, please acknowledge your agreement and acceptance below.
Sincerely,
| /s/ Brad Burke | ||
| Name: | Brad Burke | |
| Title: | Treasurer | |
| Agreed and accepted as of October 15, 2026: | ||
| SEI Carlyle Private Markets Fund | ||
| /s/ Stephen MacRae | ||
| By: | Stephen MacRae | |
| Title: | Vice President | |