The Wilshire Private Assets Fund (WPA Fund) and the Wilshire Private Assets Tender Fund operate as non-diversified, closed-end management investment companies under the 1940 Act. They primarily cater to investors who can tolerate high risk and limited liquidity. Each Feeder Fund currently offers only Institutional Class Shares and may introduce more classes pending SEC exemptive relief. Both funds follow a "master-feeder" structure, investing substantially all assets in the Wilshire Private Assets Master Fund. As a result, the Feeder Funds’ performance mirrors that of the Master Fund, which shares the same investment objective and strategy.
News and Notices
Wilshire Associates
Wilshire Private Assets Master Fund
2020
'40 Act
Tender Offer CEF
USD
Quarterly
Daily
1.25%
March 31
News and Notices
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Notices
Date
Time (ET)
Notice Type
Source
Notice
May 31, 2024
09:47
Redemptions
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Wilshire Private Assets Fund is offering to repurchase up to 5% of outstanding shares at net asset value on September 25, 2026. Investors must submit requests by 4:00 p.m. Eastern Time that day, with payment expected by October 2.
Mar 03, 2024
14:37
Compliance
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Wilshire Private Assets Fund provided its annual fund notice report for calendar year 2026, listing zero series and signed by President Michael Beattie on July 31, 2026.
Jul 29, 2024
17:01
Marketing Materials, Performance
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Wilshire Private Assets Fund updated financial highlights in the prospectus, with Institutional Class net asset value from $12.68 to $14.84 and net assets from $58 million to $145 million, while Class D shares remain unavailable.
Sep 26, 2024
15:34
Redemptions, Subscriptions
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Wilshire Private Assets Fund reported $73.3 million of securities sold and $2.3 million redeemed or repurchased for the fiscal year ending March 31, 2026. No registration fee or interest is due.
Jun 01, 2026
09:00
Redemptions
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Wilshire Private Assets Fund is offering to repurchase up to 5% of outstanding shares at net asset value on June 26, 2026. Investors must act by 4:00 p.m. Eastern Time that day, with oversubscription subject to pro rata repurchases.
Apr 02, 2025
09:00
Redemptions
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Wilshire Private Assets Fund announced a quarterly repurchase offer for up to 5% of outstanding Shares at March 27, 2026 NAV, with requests due by 4:00 p.m. Eastern Time on that date and payment expected by April 3, 2026. Shareholders may receive only a pro rata portion if tenders exceed the authorized amount.
Jun 04, 2023
18:48
Marketing Materials, Personnel
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Wilshire Private Assets Fund added Bill Bracamontes, Managing Director and Portfolio Manager, effective immediately, replacing Portfolio Managers Marc Friedberg and William van Eesteren; Marc Perry remains Portfolio Manager. Disclosures now identify Perry and Bracamontes as primarily responsible for portfolio management.
Mar 04, 2024
18:48
Marketing Materials, Personnel
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Wilshire Private Assets Fund named Bill Bracamontes, Managing Director and Portfolio Manager, as Portfolio Manager, replacing Marc Friedberg and William van Eesteren, effective immediately. Disclosures show Bracamontes owns $0 of shares and manages 57 other pooled vehicles totaling $5.2 billion.
Jan 27, 2026
12:47
Marketing Materials, Subscriptions
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Wilshire Private Assets Fund lowered the minimum initial investment from $25,000 to $5,000 and the minimum additional investment from $5,000 to $1,000, effective immediately. Investors can make initial and additional investments at the lower stated minimums.
Jan 27, 2025
12:47
Marketing Materials, Subscriptions
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Wilshire Private Assets Fund lowered its minimum initial investment from $25,000 to $5,000 and minimum additional investment from $5,000 to $1,000. Investors can now meet the fund’s subscription thresholds with smaller initial and follow-on commitments.
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News
Managers
'40 Act in Focus: Wilshire Private Assets Fund
Mar 26, 2025
SecondaryLink explores the evergreen fund's performance, portfolio composition, holdings, and key terms.
Wilshire Private Assets Fund
Wilshire Associates is responsible for managing Wilshire Private Assets Fund.
Wilshire Private Assets Fund launched in 2020.
Wilshire Private Assets Fund is registered as a '40 Act fund.
Wilshire Private Assets Fund is structured as a Tender Offer CEF fund.
You can invest in Wilshire Private Assets Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Wilshire Private Assets Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Wilshire Private Assets Fund quarterly, subject to redemption limits and notice requirements.
Shares of Wilshire Private Assets Fund can be purchased in USD.
Wilshire Private Assets Fund's fiscal year end is March 31.
Wilshire Private Assets Fund's net asset value was $165.7 million and its portfolio had a fair value of $165.8 million as of June 30, 2026.
Among other deal types, Wilshire Private Assets Fund primarily makes Private Market Investments.
Among other asset classes, Wilshire Private Assets Fund primarily invests in Secondary (PE).
Among other regions, Wilshire Private Assets Fund primarily invests in the USA.
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