Aspiriant Real Assets Fund updated its prospectus for a $400 million continuous share offering at net asset value with no sales load. Investors generally may subscribe quarterly while liquidity is limited to discretionary quarterly repurchase offers of about 5%.

Aspiriant Real Assets Fund launched a tender offer to repurchase up to $9.5 million, or 5.00% of net assets, by September 16, 2026. Tendering investors whose requests are accepted receive at least 98% of unaudited value within about 65 days.

Aspiriant Real Assets Fund reported its 2026 annual fund voting record, with zero other included managers and zero series included. Investors receive annual fund voting disclosure for the period ended June 30, 2026.

Aspiriant Real Assets Fund reported tender offer results: four shareholders tendered beneficial interest shares with $2.8 million net asset value as of March 31, 2026; three received 100% unaudited value and one received at least 98% plus any post-audit payment.

Aspiriant Real Assets Fund will conduct an issuer tender offer to repurchase up to 5.00% of net assets, or about $9.4 million and 865,605 Shares, at NAV based on June 30, 2026. Shareholders who tender and are accepted will receive a non-interest-bearing promissory note with at least 98% paid in cash about 65 days after the notice deadline, with any balance paid after the next audit.

Variant Alternative Income Fund renewed joint fidelity insurance coverage for December 31, 2025 to December 31, 2026, with $2.5 million primary limits and a $250,000 email fraud sublimit. Covered vehicles share premiums and claim recoveries under a joint agreement.

Aspiriant Real Assets Fund filed a final amendment reporting that five Shareholders validly tendered Shares in the $9.2 million tender offer, with $1.5 million of Shares accepted for purchase. Initial Payments of at least 98% of unaudited NAV were wired on February 23, 2026, and any Post-Audit Payment will follow the May 2026 audit.

Aspiriant Real Assets Fund completed its tender offer, with five Shareholders tendering Shares and $646,611 of NAV accepted for purchase. Four Shareholders received full unaudited NAV cash payments, and one Shareholder received at least 98% now with a potential Post-Audit Payment after the annual audit.

Aspiriant Real Assets Fund is offering to repurchase up to about 5.0% of net assets, or $9.3 million and 829,046 Shares, at NAV as of March 31, 2026, with tenders due by March 16, 2026. Accepted Shareholders will receive a non-interest-bearing Note, with at least 98% paid in cash within about 65 days and any balance after the next annual audit.

Aspiriant Real Assets Fund is offering to repurchase up to 5.00% of net assets, or about $9.2 million and 827,524 Shares, at NAV, based on 16,550,471 Shares outstanding and $11.06 NAV per Share as of June 30, 2025. Accepted tendering Shareholders will receive a non-interest-bearing Note with at least 98% paid in cash within about 65 days and the balance after the next annual audit.