Form D · Other Investment Fund

Principal Alternative Credit Unlevered Fund (Offshore) - C, LP

Des Moines, IA · CIK 0002016295

Offering snapshot reported Mar 22, 2024 · SEC filing

Reported sold: Yet to sell
Investors reported: 0
Minimum accepted: $0
First sale: Yet to occur

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 22, 2024	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund, Other
Exemptions: 3C.7, 06b, 3C
Duration over one year: No
Business combination: No

Sales commissions: $0 (estimated)
Finders' fees: $0
Form D file number: 021-508377

The aggregate total offering amount is for the Issuer and its affiliated funds. The total amount sold and number of investors reflect only sales of the Issuer.

Limited Partnership Interests. The minimum capital commitment is $5,000,000 which may be reduced by the General Partner, in its sole discretion.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
None	None	Principal Funds Distributor Inc. · CRD 43261

Source: Form D, filed Mar 22, 2024. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

PRINCIPAL ALTERNATIVE CREDIT UNLEVERED FUND (OFFSHORE) - C, LP

Investment adviser: PRINCIPAL GLOBAL INVESTORS, LLC

Gross asset value: $15.7M
Beneficial owners: 1
ADV minimum commitment: $5M

Reported in Form ADV on May 28, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STANDISH MANAGEMENT SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG DES MOINES, Iowa, United States

Custodian CITIBANK NEW YORK, New York, United States Related to adviser: No

Marketer PRINCIPAL FUNDS DISTRIBUTOR, INC. DES MOINES, Iowa, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG
PCAOB 42

PRINCIPAL FUNDS DISTRIBUTOR, INC.
CRD 43261 · SEC 8-50200

Filing source

Form ADV 2107760 · May 28, 2026 · Schedule D 7.B.(1), fund 805-5819077689

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
N/A Principal Alternative Credit Fund Gp, Llc	Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

711 High Street
Des Moines, IA, 50392