SCHEDULE: Pension Plan Cuts Stake in Crescent Capital BDC
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
| Date | Description |
|---|---|
| 05/27/2025 | Date as of which 37,061,547 shares of Common Stock of the Issuer were outstanding. |
| 07/10/2025 | Date 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. |
| 07/14/2025 | Date Form N-2/A of the Issuer was filed with the Securities and Exchange Commission, disclosing shares outstanding. |
| 08/19/2025 | Date of filing this Schedule 13G/A. |
Keywords
Crescent Capital BDC, UFCW, Pension Plan, Beneficial Ownership, Schedule 13G, Investment, BDC
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