SCHEDULE: Pension Plan Cuts Stake in Crescent Capital BDC

Sentiment:

Beneficial Ownership Statement


UFCW-Northern California Employers Joint Pension Plan has reduced its beneficial ownership in Crescent Capital BDC, Inc. to 2.12%.

Summary

  • UFCW-Northern California Employers Joint Pension Plan filed an Amendment No. 6 to Schedule 13G regarding its beneficial ownership in Crescent Capital BDC, Inc.
  • The plan now beneficially owns 784,356.40 shares of Crescent Capital BDC, Inc. Common Stock.
  • This ownership represents 2.12% of the outstanding Common Stock.
  • The plan ceased to be a beneficial owner of more than five percent of the Common Stock on July 10, 2025.
  • The percentage of shares is calculated based on a total of 37,061,547 shares of Common Stock outstanding as of May 27, 2025.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of a change in beneficial ownership, not containing performance metrics or forward-looking statements that would indicate positive or negative sentiment.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of a change in beneficial ownership by an institutional investor in a Business Development Company (BDC). It reflects a portfolio adjustment by the pension plan rather than a direct commentary on broader industry trends or competitive landscape.

Stakeholder Impact

  • Shareholders: The reduction in ownership by a large institutional investor could be perceived by other shareholders as a signal, potentially influencing market sentiment and share price.

Key Dates

DateDescription
05/27/2025Date as of which 37,061,547 shares of Common Stock of the Issuer were outstanding.
07/10/2025Date of event which required filing of this statement; Reporting Person ceased to be the beneficial owner of more than five percent of the Common Stock of the Issuer.
07/14/2025Date Form N-2/A of the Issuer was filed with the Securities and Exchange Commission, disclosing shares outstanding.
08/19/2025Date of filing this Schedule 13G/A.

Keywords

Crescent Capital BDC, UFCW, Pension Plan, Beneficial Ownership, Schedule 13G, Investment, BDC

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