The Private Shares Fund renewed Chubb fidelity bond coverage from August 23, 2026 to August 23, 2027, with a $1.25 million limit and $4,914 premium. Investors receive continued fidelity insurance coverage, subject to stated deductibles.

The Private Shares Fund opened its quarterly share repurchase period on August 25, 2026, offering to repurchase 5% of outstanding shares. Shareholders seeking liquidity must submit requests by September 18, 2026 at 4:00 p.m. ET.

Private Shares Fund’s annual fund voting report for calendar year 2026 identifies no other included managers and no series, with President Kevin Moss signing on August 19, 2026. Investors receive fund-level voting reporting without separate series-level or included-manager reporting.

The Private Shares Fund updated its four-person portfolio management roster to Managing Directors Sven Weber and Sven Jonas Grankvist, President Kevin Moss and Vice President Jennifer Pruitt, effective immediately. Their departure would require replacement and could adversely affect portfolio management.

The Private Shares Fund announced its quarterly repurchase offer for 5% of outstanding shares, beginning May 26, 2026, with a June 18, 2026 request deadline and May 19 NAVs of $49.05, $49.99 and $48.07 per Class A, Class I and Class L shares. Shareholders may tender shares for cash at NAV through the scheduled quarterly process.

Director Morgan Herbert William acquired 411.523 shares of beneficial interest in Private Shares Fund at $48.60 per share, increasing his direct holdings to 1,249.042 shares. This reflects a reported insider purchase and ownership increase.

The Private Shares Fund, an interval closed-end fund managed by Liberty Street Advisors, has filed an amendment updating its continuous offering of unlimited Class A, L, and I shares with sales loads ranging from 5.75% to none and 1.25% to none, respectively, and quarterly repurchase offers for 5% of shares outstanding.

Private Shares Fund reported aggregate sales of $233.6 million and aggregate redemptions or repurchases of $256.8 million for the fiscal year ended December 31, 2025, resulting in zero net sales. It also reported $23.1 million of redemption credits available for future years.

The Private Shares Fund is commencing a quarterly repurchase offer for cash up to 5% of outstanding shares at NAV, with the request deadline on March 20, 2026 and payment expected by March 27, 2026. Shareholders may tender shares or wait for a later quarterly offer, and oversubscribed requests may be prorated.

Director Mark Radcliffe acquired 1,061.346 shares of Private Shares Fund common stock at $47.11 per share, all held in trust. He now beneficially owns 1,061.346 shares.