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