# EDGAR Filing Document

**Accession Number:** 0001807333
**File Stem:** 0002048251-26-004591
**Filing Date:** 2026-5
**Character Count:** 13698
**Document Hash:** 781538e3e451eb60abedf93cf953cdda
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-004591.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0002048251-26-004591

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Wilshire Private Assets Master Fund
- **CENTRAL INDEX KEY:** 0001807333

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23607
- **FILM NUMBER:** 261044137

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** 610-676-1000

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Delaware Wilshire Private Markets Master Fund
- **DATE OF NAME CHANGE:** 20200320

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Wilshire Private Assets Master Fund

- **b. Investment Company Act file number:** 811-23607

- **c. CIK number of Registrant:** 0001807333

- **d. LEI of Registrant:** 549300G16JRWI5O36637

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 6106761000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Wilshire Private Assets Master Fund

- **c. LEI of Series:** 549300G16JRWI5O36637

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $139108406.35

**Total Liabilities:** $323083.43

**Net Assets:** $138785322.92

**Cash Not Reported:** $23427.40

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.80%                | 0.00%                | -0.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $71661.06                | $2229401.97                                |
| Month 2  | $0.00                    | $-148556.95                                |
| Month 3  | $0.00                    | $37572.22                                  |

### Schedule of Portfolio Investments

| Name                                            | Title                                                                    | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Bigtincan Holdings (Cayman), L.P                | Bigtincan Holdings (Cayman), L.P CO-INVEST PRIVATE EQUITY                | CUSIP: 99BTC2025<br>LEI: N/A | Long             | EC               |  | US        |   1890000 | NS      | $1889295.03   | 1.36%             |  |  |  | No            | N/A                | On Loan: No      |
| Grant Avenue Capital Brave Co-Invest Fund A, LP | Grant Avenue Capital Brave Co-Invest Fund A, LP CO-INVEST PRIVATE EQUITY | CUSIP: 99GAC2025<br>LEI: N/A | Long             | EC               |  | US        |   3615801 | NS      | $3609723.33   | 2.60%             |  |  |  | No            | N/A                | On Loan: No      |
| Graphite Capital Partners VIII D LP             | Graphite Capital Partners VIII D LP PRIVATE EQUITY FUND                  | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | GB        |   1085022 | NS      | $1444747.95   | 1.04%             |  |  |  | No            | N/A                | On Loan: No      |
| Valor M33 IV L.P.                               | Valor M33 IV L.P. SECONDARY PRIVATE EQUITY                               | CUSIP: 99VAL2024<br>LEI: N/A | Long             | EC               |  | US        |   1535215 | NS      | $6242909.71   | 4.50%             |  |  |  | No            | N/A                | On Loan: No      |
| BLACKROCK TREASURY                              | BLACKROCK TREASURY INSTITUTIONAL #62                                     | CUSIP: 09248U551<br>LEI: N/A | Long             | STIV             |  | US        |  47904495 | PA      | $47904495.28  | 34.52%            |  |  |  | No            | 1                  | On Loan: No      |
| Graphite Capital Partners VIII B LP             | Graphite Capital Partners VIII B LP PRIVATE EQUITY FUND                  | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | GB        |    202489 | NS      | $241092.23    | 0.17%             |  |  |  | No            | N/A                | On Loan: No      |
| Ascend SMG Co-invest 3, L.P.                    | Ascend SMG Co-invest 3, L.P. CO-INVEST PRIVATE EQUITY                    | CUSIP: 99ASM2025<br>LEI: N/A | Long             | EC               |  | US        |   2654057 | NS      | $3761945.32   | 2.71%             |  |  |  | No            | N/A                | On Loan: No      |
| Hark Cayman Feeder III, LP                      | Hark Cayman Feeder III, LP SECONDARY PRIVATE EQUITY                      | CUSIP: 99HCF2025<br>LEI: N/A | Long             | EC               |  | US        |    899368 | NS      | $1085048.38   | 0.78%             |  |  |  | No            | N/A                | On Loan: No      |
| Overbay Capital Partners 2024 Fund              | Overbay Capital Partners 2024 Fund CO-INVEST PRIVATE EQUITY              | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | US        |   3469500 | NS      | $4818073.83   | 3.47%             |  |  |  | No            | N/A                | On Loan: No      |
| MIDOCEAN ABSOLUTE RETURN CREDIT FUND LP         | MIDOCEAN ABSOLUTE RETURN CREDIT FUND LP PRIVATE EQUITY FUND              | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | US        |   5920500 | NS      | $6066025.89   | 4.37%             |  |  |  | No            | N/A                | On Loan: No      |
| SAZZE UPSTAGE SPV II, LP                        | SAZZE UPSTAGE SPV II, LP PRIMARY PRIVATE EQUITY                          | CUSIP: 99SAZ2026<br>LEI: N/A | Long             | EC               |  | US        |   2810000 | NS      | $2810000.00   | 2.02%             |  |  |  | No            | N/A                | On Loan: No      |
| Linden Structured Capital Fund LP               | Linden Structured Capital Fund LP PRIVATE EQUITY FUND                    | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | US        |   6090966 | NS      | $9366724.17   | 6.75%             |  |  |  | No            | N/A                | On Loan: No      |
| Ethos Insurance Co-Investment I GP LLC          | Ethos Insurance Co-Investment I GP LLC CO-INVEST PRIVATE EQUITY          | CUSIP: 99ETH2025<br>LEI: N/A | Long             | EC               |  | US        |   2402867 | NS      | $2394560.17   | 1.73%             |  |  |  | No            | N/A                | On Loan: No      |
| Graphite Capital Partners VII A                 | Graphite Capital Partners VII A PRIVATE EQUITY FUND                      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | GB        |     79951 | NS      | $164442.94    | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| Overbay Capital Partners 2025 Fund              | Overbay Capital Partners 2025 Fund PRIMARY PRIVATE EQUITY                | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | US        |   3500000 | NS      | $4389049.00   | 3.16%             |  |  |  | No            | N/A                | On Loan: No      |
| Vector Capital VI, L.P                          | Vector Capital VI, L.P PRIMARY PRIVATE EQUITY                            | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | US        |    434622 | NS      | $439761.15    | 0.32%             |  |  |  | No            | N/A                | On Loan: No      |
| Graphite Capital Partners VII C                 | Graphite Capital Partners VII C PRIVATE EQUITY FUND                      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | GB        |     26380 | NS      | $37176.00     | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| Vector Capital V, L.P.                          | Vector Capital V, L.P. PRIVATE EQUITY FUND                               | CUSIP: 99VCV2025<br>LEI: N/A | Long             | EC               |  | US        |   2632792 | NS      | $2445310.42   | 1.76%             |  |  |  | No            | N/A                | On Loan: No      |
| BUHUOVC LP                                      | BUHUOVC LP PRIVATE EQUITY FUND                                           | CUSIP: 96BUH0001<br>LEI: N/A | Long             | EC               |  | US        |   5748476 | NS      | $8665114.62   | 6.24%             |  |  |  | No            | N/A                | On Loan: No      |
| Basalt Infrastructure Partners II C L.P.        | Basalt Infrastructure Partners II C L.P. PRIVATE EQUITY FUND             | CUSIP: 96MSCGZU1<br>LEI: N/A | Long             | EC               |  | US        |   4132713 | NS      | $3678494.93   | 2.65%             |  |  |  | No            | N/A                | On Loan: No      |
| Crusoe Energy Systems LLC. - lien 3             | Crusoe Energy Systems LLC. - lien 3 11/30/2027                           | CUSIP: N/A<br>LEI: N/A       | Long             | LON              |  | US        |   3500000 | PA      | $3570000.00   | 2.57%             | 2027-11-30      | Floating      | 15.01%                | No            | N/A                | On Loan: No      |
| MC VALOR SUMMIT 2.0 LP                          | MC VALOR SUMMIT 2.0 LP CO-INVEST PRIVATE EQUITY                          | CUSIP: 99MCVAL25<br>LEI: N/A | Long             | EC               |  | US        |   1592500 | NS      | $1848193.39   | 1.33%             |  |  |  | No            | N/A                | On Loan: No      |
| RCP MB Investments B, L.P.                      | RCP MB Investments B, L.P. CO-INVEST PRIVATE EQUITY                      | CUSIP: 99RCP2021<br>LEI: N/A | Long             | EC               |  | US        |   1005683 | NS      | $1125110.87   | 0.81%             |  |  |  | No            | N/A                | On Loan: No      |
| BREVET DIRECT LENDING SHORT DURATION FUND LTD   | BREVET DIRECT LENDING SHORT DURATION FUND LTD PRIVATE EQUITY FUND        | CUSIP: 96BREV001<br>LEI: N/A | Long             | EC               |  | US        |   2000000 | NS      | $2602322.00   | 1.88%             |  |  |  | No            | N/A                | On Loan: No      |
| Raven Evergreen Credit Offshore Fund II LP      | Raven Evergreen Credit Offshore Fund II LP PRIMARY PRIVATE EQUITY        | CUSIP: 99RCM2026<br>LEI: N/A | Long             | EC               |  | US        |   2100591 | NS      | $2100590.66   | 1.51%             |  |  |  | No            | N/A                | On Loan: No      |
| KLC FUND I-A, LP                                | KLC FUND I-A, LP SECONDARY PRIVATE EQUITY COMMITMENT                     | CUSIP: 99KLC2025<br>LEI: N/A | Long             | EC               |  | US        |   3274516 | NS      | $4011206.47   | 2.89%             |  |  |  | No            | N/A                | On Loan: No      |
| Graphite Capital Partners VIII Top Up Fund B LP | Graphite Capital Partners VIII Top Up Fund B LP PRIVATE EQUITY FUND      | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | GB        |    155556 | NS      | $167658.14    | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| Vista Equity Partners Hubble, L.P.              | Vista Equity Partners Hubble, L.P. SECONDARY PRIVATE EQUITY              | CUSIP: 99VEP2025<br>LEI: N/A | Long             | EC               |  | US        |   2105674 | NS      | $3622030.17   | 2.61%             |  |  |  | No            | N/A                | On Loan: No      |
| STAR MOUNTAIN STRATEGIC CREDIT                  | STAR MOUNTAIN STRATEGIC CREDIT INCOME FUND IV (OFFSHORE), LP             | CUSIP: 99SMT2024<br>LEI: N/A | Long             | EC               |  | US        |   6183916 | NS      | $6999593.14   | 5.04%             |  |  |  | No            | N/A                | On Loan: No      |
| H.I.G. Bayside Loan Opportunity Feeder Fund VI  | H.I.G. Bayside Loan Opportunity Feeder Fund VI PRIVATE EQUITY FUND       | CUSIP: N/A<br>LEI: N/A       | Long             | EC               |  | US        |   2283977 | NS      | $1385658.86   | 1.00%             |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-03-31

**Name of Applicant:** Wilshire Private Assets Master Fund

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

**Title:** Treasurer, Controller and Chief Financial Officer