Adams Street Credit Solutions Fund Announces Share Sale and Sept. Distribution

What Happened

• Adams Street Credit Solutions Fund filed an 8-K (Sep 29, 2026) reporting an unregistered sale of Class I common shares and the declaration of its September 2026 distribution. The fund issued 17,386.585 Class I shares for aggregate consideration of approximately $350,000. The number of shares was finalized on September 25, 2026 and the purchase price per share equaled the fund’s net asset value (NAV) per Class I share as of August 31, 2026 ($20.13). The filing also reports the fund’s aggregate NAV was approximately $67.2 million as of August 31, 2026.

Key Details

• Issuance: 17,386.585 Class I shares issued for about $350,000 (finalized Sept. 25, 2026).
• NAV: Class I NAV = $20.13 per share as of Aug. 31, 2026; aggregate NAV ≈ $67.2 million.
• Offering exemption: Shares sold via the fund’s continuous private offering, exempt under Section 4(a)(2) and Regulation D or S; purchasers represented they were accredited investors or non‑U.S. persons.
• Distribution: Declared monthly distribution for September 2026 of $0.15 per Class I share; record date Sept. 24, 2026; payable on or about Oct. 8, 2026 (cash or reinvestment option).

Why It Matters

• The filing provides investors with recent liquidity and capital-raising activity (a small private share issuance) and the fund’s NAV snapshot, which helps gauge size and per-share value.
• The declared $0.15 monthly distribution and the reinvestment option affect expected cash payouts and potential share growth for holders of Class I shares.
• The use of private offering exemptions signals the fund is raising capital from accredited or non-U.S. investors rather than via a registered public offering.