Principal Alternative Credit Unlevered Fund (offshore), LP
Hedge FundFund ID 805-7952071342Cayman Islands
Gross assets
$86.1M
Min. investment
—
Beneficial owners
1
Size rank
Top 46%
Audited
Yes
Structure
Standalone
About this fund
Principal Alternative Credit Unlevered Fund (offshore), LP is a hedge fund managed by Principal Global Investors, LLC. The fund reports $86.1 million in gross assets, placing it among the top 46% of private funds by size. 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 | 805-7952071342 |
| 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 | No |
| 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 Unlevered Fund (offshore), LP?
Principal Alternative Credit Unlevered Fund (offshore), LP reports $86.1 million in gross assets, among the top 46% of private funds by size.
Who manages Principal Alternative Credit Unlevered Fund (offshore), LP?
Principal Alternative Credit Unlevered Fund (offshore), LP is managed by Principal Global Investors, LLC.
Does Principal Alternative Credit Unlevered 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
Reported gross assets
$86.1M▲ 71%
May '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 46%
Larger than 54% of 67,041 private funds
Gross assets vs Hedge FundsTop 60%
Larger than 40% of 12,442 hedge funds
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.