Before the Q2 Chisos Circle: meet our first Chisos Golf player

If you're receiving this for the first time, we likely had the pleasure of connecting sometime during Q2 2026. We're glad to have you in the loop. This email newsletter is typically designed to share key progress updates and insights from our work at Chisos Capital.

The full Q2 Chisos Circle update is coming next month. Before it lands, I wanted to send a short interim note, because a few things have moved quickly and I did not want you to hear about them a month late.

If you have been following along, you know we launched Chisos Golf, our fund backing the next generation of professional golfers and golf creators. We have now made and publicly announced our first investment, in a player named Brent Grant. Brent is a previous Korn Ferry Tour winner.

A bit on how we're built, since people ask. Chisos Golf funds the stretch between college and a tour card that most players have to pay for themselves, using an earnings share model. We run the strategy as a fund, and alongside it, through our partners at Play Money, accredited investors can get to know the approach and back this kind of thing deal by deal instead of committing to a whole fund. If understanding the model is interesting to you, you can read the full thesis and how it works here 👇.

I won't get into any specific deal in a note like this. But if any of it resonates, or you're just curious what we're up to, reply to this email and we'll find time to talk. I always enjoy those conversations.

More in the full Q2 update soon. Thank you, as always, for following along.

This note is a general update about Chisos and is not an offer to sell or a solicitation of an offer to buy any security.