Texas County & District Retirement System Holds 10% of CCAP

TL;DR

**Texas County & District Retirement System still owns 10% of Crescent Capital BDC.**

AI Summary

Texas County & District Retirement System, a public pension fund, filed an amended SC 13G/A on January 31, 2024, disclosing its ownership in Crescent Capital BDC, Inc. As of December 31, 2023, the fund beneficially owned 5,001,752 shares of common stock, representing 10.0% of the company's outstanding shares. This filing indicates a significant, stable institutional investment in Crescent Capital BDC, which can be a positive signal for current and prospective shareholders, suggesting long-term confidence from a major investor.

Why It Matters

This filing shows a large, long-term institutional investor maintains a significant stake in Crescent Capital BDC, which can signal stability and confidence in the company's future to other investors.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional holding, which generally reduces perceived risk for other investors.

Analyst Insight

Investors should note the continued significant institutional ownership by a public pension fund, which can indicate long-term stability and confidence in Crescent Capital BDC, Inc. This information could be a factor in evaluating the stock's long-term investment potential.

Key Numbers

• 5,001,752 — Shares Beneficially Owned (Represents the total common stock shares of Crescent Capital BDC, Inc. held by Texas County & District Retirement System as of December 31, 2023.)
• 10.0% — Percentage of Class (Indicates the significant ownership stake Texas County & District Retirement System holds in Crescent Capital BDC, Inc., showing a substantial institutional investment.)
• December 31, 2023 — Reporting Date (This is the specific date for which the ownership data is reported, providing a clear snapshot of the holding at year-end.)

Key Players & Entities

• Texas County & District Retirement System (company) — reporting person and beneficial owner of shares
• Crescent Capital BDC, Inc. (company) — the issuer whose securities are being reported
• 5,001,752 (dollar_amount) — number of shares beneficially owned
• 10.0% (dollar_amount) — percentage of class beneficially owned
• December 31, 2023 (date) — date of event requiring the filing
• January 31, 2024 (date) — filing date of the SC 13G/A

Forward-Looking Statements

• Texas County & District Retirement System will likely maintain a significant stake in Crescent Capital BDC, Inc. for the foreseeable future. (Texas County & District Retirement System) — high confidence, target: 2025-12-31

FAQ

Filing Documents

• d608733dsc13ga.htm (SC 13G/A) — 40KB
• 0001193125-24-020268.txt ( ) — 42KB

(a) Name of issuer: Crescent Capital BDC, Inc

Item 1(a) Name of issuer: Crescent Capital BDC, Inc.

(b) Address of issuers principal executive offices: 11100 Santa Monica Blvd. Ste. 2000, Los Angeles, CA 90025

Item 1(b) Address of issuers principal executive offices: 11100 Santa Monica Blvd. Ste. 2000, Los Angeles, CA 90025 2(a) Name of person filing: Texas County & District Retirement System 2(b) Address or principal business office or, if none, residence: 901 Mopac South, Barton Oaks Plaza IV, Ste. 500, Austin, TX 78746 2(c) Citizenship: Texas 2(d) Title of class of securities: Common Stock 2(e) CUSIP No.: 225655109 Item3. If this statement is filed pursuant to 240.13d1(b) or 240.13d2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a8); (e) An investment adviser in accordance with 240.13d1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a3); (j) A non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J); (k) Group, in accordance with 240.13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with240.13d1(b)(1)(ii)(J), please specify the type of institution: Item4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 5,001,752. (b) Percent of class: 13.4958%. SCHEDULE 13G Page 4 of 5 (c) Number of shares as to which the p

Signatures

Signatures After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: January 31, 2024 Signature: /s/ Vickie Dodson Name: Vickie Dodson Title: Investment Accountant III on behalf of Texas County & District Retirement System

View Full Filing

View this SC 13G/A filing on SEC EDGAR