CAIS Sports, Media & Entertainment Fund
Data through 2026-03-31 · latest filing SC TO-I/A filed 2026-06-23
Sponsored by CAIS. Invests primarily in private and public companies across sports, media, and entertainment.
Tender-Offer FundPrivate Equity
- Net assets
- $168.7M
source
Shareholder report (Form N-CSR) · filed 2026-06-08 · period 2026-03-31
Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)
“TOTAL ASSETS 201,909,831 | TOTAL LIABILITIES 33,168,001 | NET ASSETS $ 168,741,830”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
as of 2026-03-31 - NAV / share
- $10.42
source
Shareholder report (Form N-CSR) · filed 2026-06-08 · period 2026-03-31
Statement of Assets and Liabilities: Class D net assets $34,730 / 3,334 shares = $10.42; Class I $66,181,622 / 6,349,572 = $10.42; Class S $102,525,478 / 9,836,461 = $10.42. The three class net-assets rows sum exactly to the audited $168,741,830 total. All classes disclose the same NAV; Class I is the established canonical class.
“Class D Net Assets $ 34,730 Shares Outstanding 3,334 Net Asset Value per Share $ 10.42 Class I Net Assets $ 66,181,622 Shares Outstanding 6,349,572 Net Asset Value per Share $ 10.42 Class S Net Assets $ 102,525,478 Shares Outstanding 9,836,461 Net Asset Value per Share $ 10.42”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
Class I · as of 2026-03-31 - Net flows, last qtr
- +1.2% qtr ended 2026-03-31
- Distribution coverage
- Not reported Private-equity distributions are episodic and realization-driven.
- Total return, 12m
- Pending SEC-filed periodic NAV + distributions
What changed in the latest filings.
Current findings ordered by severity. Each observation remains traceable to its filed source.
No current red or yellow flags in filings reviewed through 2026-07-31.
How the fund has moved.
Net asset value, total return, capital flows, and distribution coverage across the filing record.
Filed performance
Pending. no cached SEC filing yielded a return with an exact window, basis label, and the audited class scope
Monthly performance eligibility
Canonical class: Class I · basis: no qualifying monthly chain · qualifying history: 0 months.
What moved inside the book.
Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.
Pending
Where exit demand met the cap.
The disclosed history shows no rationed period.
| Period | Requested | Filled | Cap used | Status |
|---|---|---|---|---|
| 2026-06-15 | 0.0% of shares
sourceTender offer statement, amended (Schedule TO-I/A) · filed 2026-06-23 · period 2026-06-15 cached-liquidity-completion-v1-2026-08-07; formula explicit zero shares tendered / any positive outstanding shares = 0%; accession 0001580642-26-003873; cached-content SHA-256 3d0e1171b944e38535be5573af327f87b81a45a18b8ff49aac31435738069ae5; candidate SHA-256 ba30150239d8dc57c4f7fb1bd1c94e5e5bdac1c32b96e0e06dd984e47826077d; candidate work/public_truth_20260807_144119/W3/CANDIDATES.json “se defined herein shall have the meanings ascribed to them in the Offer to Purchase. The following information is furnished pursuant to Rule 13e-4(c)(4) under the Exchange Act: 1. The Offer expired at 12:00 midnight, Eastern Time, on June 15, 2026. 2. No Class I, Class D or Class S Shares were validly tendered and not withdrawn prior to the expiration of the Offer. Item 12(b). Filing Fee Calculation of Filing Fee Tables are attached herewith. 1 Signature After due inquiry and to the best of my knowledge ” Method Matched text template against the filing Open the filing on SEC.gov · Full observation history Technical locator | Pending | 0% | Pending |
How the balance sheet is funded.
Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.
Pending
How the offering is divided.
A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.
Class D 0.0%Class I 39.2%Class S 60.8%
| Class | Terms-based role description | Load | Servicing | Minimum | Assets |
|---|---|---|---|---|---|
| Class D | Servicing-fee class for brokerage or platform distribution. | 0.00% | 25 bps | $25,000 | $34,7302026-03-31 |
| Class I | No-load, high-minimum class; terms indicate advisory or large-account access. | 0.00% | 0 bps | $1,000,000 | $66,181,6222026-03-31 |
| Class S | No-load, high-minimum class; terms indicate advisory or large-account access. | 0.00% | Pending | $1,000,000 | $102,525,4782026-03-31 |
Management fee: 0.95% of net assets per year, current as of latest filed disclosure. Research only: not used in a fee distribution. SEC source 0001580642-25-006505.
Filed fee conditions
The Fund pays CAIS Advisors LLC a management fee at an annual rate of 0.95%, payable quarterly in arrears based on the Fund's net assets as of the last business day of each calendar quarter. Fees and incentive allocations charged within underlying portfolio funds are separate and indirectly borne by shareholders.
Canonical-class fee profile
| Class | Management | Incentive | Load | Servicing | Gross expenses | Net expenses |
|---|---|---|---|---|---|---|
| Class I | 0.95% | None
*
None. The standardized prospectus fee table contains no incentive/performance-fee line. SEC source 0001580642-25-006505 |
0.00% | 0 bps | 4.06%filed basis*Filed label: Ratio of gross expenses to average net assets; period 2026-03-31. gross expenses (explicit wide-class filed row); waiver state: before / excluding disclosed support. SEC source 0001213900-26-066385 |
1.70%filed basis*Filed label: Ratio of net expenses to average net assets; period 2026-03-31. After waiver: not separately stated; interest: not separately stated; tax: not separately stated; incentive compensation: not separately stated; acquired-fund expenses: excluded. SEC source 0001213900-26-066385 |
Expense-ratio caution. These are the issuer’s filed figures for the designated analysis class. They are not placed in a fee ranking because denominators and included expenses are not yet normalized across funds. Hover or click * for the filed label, period, components, and SEC source.
The evidence beneath the page.
Filed terms and recent documents remain available without crowding the primary research flow.
Term register (1)
| Term | Description | Value | Effective |
|---|---|---|---|
| advisory_fee_schedule | The Fund pays CAIS Advisors LLC a management fee at an annual rate of 0.95%, payable quarterly in arrears based on the Fund's net assets as of the last business day of each calendar quarter. Fees and incentive allocations charged within underlying portfolio funds are separate and indirectly borne by shareholders. | 0.95 pct_annual_of_net_assets | Pending |
Recent filings
| Filed | Form | Accession |
|---|---|---|
| 2026-06-23 | SC TO-I/A | 0001580642-26-003873 |
| 2026-06-08 | N-CSR | 0001213900-26-066385 |
| 2026-05-29 | NPORT-P | 0000910472-26-008303 |
| 2026-05-15 | SC TO-I | 0001580642-26-003194 |
| 2025-10-08 | N-2 | 0001580642-25-006505 |