Principal Alternative Credit Fund (offshore), LP
Hedge FundFund ID 805-5459962339Cayman Islands
Gross assets
$34.4M
Min. investment
$5M
Beneficial owners
2
Size rank
Top 61%
Audited
Yes
Structure
Standalone
About this fund
Principal Alternative Credit Fund (offshore), LP is a hedge fund managed by Principal Global Investors, LLC. The fund reports $34.4 million in gross assets, placing it among the top 61% of private funds by size. The stated minimum investment is $5 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-5459962339 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Finisterre Emd Total Return Fund, LP | Hedge | $329.7M |
| Principal Alternative Credit Unlevered Fund, LP | Hedge | $164.9M |
| Pac Evergreen Fund, LP | Hedge | $108.5M |
See all 9 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Principal Alternative Credit Fund (offshore), LP?
Principal Alternative Credit Fund (offshore), LP reports $34.4 million in gross assets, among the top 61% of private funds by size.
What is the minimum investment for Principal Alternative Credit Fund (offshore), LP?
The stated minimum investment is $5 million.
Who manages Principal Alternative Credit Fund (offshore), LP?
Principal Alternative Credit Fund (offshore), LP is managed by Principal Global Investors, LLC.
Does Principal Alternative Credit Fund (offshore), LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
P
Des Moines, IA
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Marketer
Reported gross assets
$34.4M▲ 25%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 61%
Larger than 39% of 67,041 private funds
Gross assets vs Hedge FundsTop 74%
Larger than 26% of 12,442 hedge funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons%
Funds of funds%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.