Filing Details
- Accession Number:
- 0001085146-25-000943
- Form Type:
- 13G Filing
- Publication Date:
- 2025-02-09 19:00:00
- Filed By:
- PRINCIPAL LIFE INSURANCE CO
- Company:
- Carlyle Tactical Private Credit Fund
- Filing Date:
- 2025-02-10
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Beneficially Owned Number of Shares | Beneficially Owned Number of Aggregate Shares | Percent of Class |
|---|---|---|---|
| PRINCIPAL LIFE INSURANCE CO | 0 | 2,400,000 | 9.2% |
| PRINCIPAL GLOBAL INVESTORS | 0 | 2,400,000 | 9.2% |
Filing
|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
|
UNDER THE SECURITIES EXCHANGE ACT OF 1934
|
(Amendment No. 2)
|
Carlyle Tactical Private Credit Fund (Name of Issuer) |
Mandatory Redeemable Preferred Shares (Title of Class of Securities) |
1431062*2 (CUSIP Number) |
11/16/2024 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
|
 Rule 13d-1(c)
|
| Rule 13d-1(d)
|
SCHEDULE 13G
|
| CUSIP No. | 1431062*2 |
| 1 | Names of Reporting Persons
PRINCIPAL LIFE INSURANCE CO | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
IOWA
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
2,400,000.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
9.2 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IC |
SCHEDULE 13G
|
| CUSIP No. | 1431062*2 |
| 1 | Names of Reporting Persons
PRINCIPAL GLOBAL INVESTORS | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
2,400,000.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
9.2 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IA |
SCHEDULE 13G
|
| Item 1. | ||
| (a) | Name of issuer:
Carlyle Tactical Private Credit Fund | |
| (b) | Address of issuer's principal executive offices:
ONE VANDERBILT AVE STE 3400 NEW YORK, NEW YORK 10017 | |
| Item 2. | ||
| (a) | Name of person filing:
This Statement is filed by Principal Global Investors, LLC (PGI) and Principal Life Insurance Company (PLIC). This Statement relates to the shares of Mandatory Redeemable Preferred Stock (the Shares) of the Issuer indirectly beneficially owned by PGI and directly beneficially owned by PLIC. This Statement is filed by Principal Global Investors, LLC ("PGI") and Principal Life Insurance Company (PLIC) jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1. | |
| (b) | Address or principal business office or, if none, residence:
Principal Life Insurance Company
711 HIGH STREET
DES MOINES, Iowa
50392-0300
Principal Global Investors, LLC
801 Grand Street
Des Moines, IA 50392 | |
| (c) | Citizenship:
PRINCIPAL LIFE INSURANCE CO - IOWA
PRINCIPAL GLOBAL INVESTORS - DELAWARE | |
| (d) | Title of class of securities:
Mandatory Redeemable Preferred Shares | |
| (e) | CUSIP No.:
1431062*2 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
| |
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
| |
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
| |
| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
| |
| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
| |
| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
| |
| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
| |
| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
| |
| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
| |
| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
| |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
The Series A Mandatory Redeemable Preferred Shares, the Series B Mandatory Redeemable Preferred Shares, the Series D Mandatory Redeemable Preferred Shares, and the Series H Mandatory Redeemable Preferred Shares form a single class of the Issuer's preferred equity securities and are collectively referred to in this Schedule 13G as the "Mandatory Redeemable Preferred Shares." The CUSIP number of the Series A Mandatory Redeemable Preferred Shares is 1431062*2. The CUSIP number of the Series B Mandatory Redeemable Preferred Shares is 1431063*1. The CUSIP number of the Series D Mandatory Redeemable Preferred Shares is 143106A#9. The CUSIP number of the Series H Mandatory Redeemable Preferred Shares is 143106B#8.
Principal Global Investors, LLC and Principal Life Insurance Company jointly own 2,400,000 shares.
As of November 16, 2024, PGI may be deemed to be the beneficial owner of 2,400,000 Shares, which are beneficially owned directly by PLIC. | |
| (b) | Percent of class:
9.2 %
| |
| (c) | Number of shares as to which the person has:
| |
| (i) Sole power to vote or to direct the vote:
0 | ||
| (ii) Shared power to vote or to direct the vote:
2400000 | ||
| (iii) Sole power to dispose or to direct the disposition of:
0 | ||
| (iv) Shared power to dispose or to direct the disposition of:
2400000 | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
| ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
| ||
| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
| ||
| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
| ||
| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Exhibit Information
|
This Statement is filed by Principal Global Investors, LLC ("PGI") and Principal Life Insurance Company (PLIC) jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1. |