Hedge fund profile
Principal Alternative Credit Fund (offshore), LP
Principal Alternative Credit Fund (offshore), LP is reported as a hedge fund in Form ADV private-fund disclosures. The adviser is Principal Asset Management, based in Des Moines, Iowa, United States.
$34.4Mgross assets
$5.0Mminimum
2owners
3(c)(7)exemption
Disclosure fields
Fund facts
SEC private fund ID805-5459962339
Reference ID359842
JurisdictionCayman Islands
Fund of fundsNo
Master fundNo
Feeder fundNo
Non-US ownership100%
Assets valued100%
Annual auditYes
GAAPYes
Source periodMarch 2026
Date submitted03/31/2026 06:27:27 PM
Adviser
TypeRegistered investment adviser
SEC number801-55959
CRD109002
Regulatory AUM$427.7B
Compliance signals
Exempt from registration Sales limited No prime broker flag Custodians reported
Service providers
Reported counterparties
General partners
Principal Alternative Credit Fund Gp, LLC
Auditors
ERNST & YOUNG
Custodians
CITIBANK
Administrators
STANDISH MANAGEMENT
Marketers
PRINCIPAL FUNDS DISTRIBUTOR, INC.
Same adviser