---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-061088"
form_type: "8-K"
ticker: "PGIM"
cik: "0001923622"
company_name: "PGIM Private Credit Fund"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:44:42.503503+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PGIM Private Credit Fund hires Deerpath as sub-subadviser, declares April distributions, reports Q1 NAV

## Summary
- Sub-subadvisory agreement with Deerpath Capital Management for direct lending assets; shareholder approved April 1, 2025.
- April 2025 total distributions: Class S $0.25809, Class D $0.27080, Class I $0.27607 per share; payable May 29, 2025.
- NAV as of March 31, 2025: Class S $25.43, Class D $25.42, Class I $24.95; aggregate NAV $146.1M.
- Offering raised $135.3M total consideration; $2.5B registered public offering continues.

## SEC filing metadata
- accession: 0000950170-25-061088
- form_type: 8-K
- ticker: PGIM
- cik: 0001923622
- company_name: PGIM Private Credit Fund
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1923622/000095017025061088/0000950170-25-061088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1923622/000095017025061088/ck0001923622-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-061088
- JSON: https://secwatch.observer/filing/0000950170-25-061088.json
- Plain text: https://secwatch.observer/filing/0000950170-25-061088.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.