Pearl Diver Credit (PDCC) Form 3 Initial statement of insider ownership

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

University of Wisconsin Foundation

(Last) (First) (Middle)

1848 UNIVERSITY AVENUE

(Street)

MADISON WI 53726

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/16/2024

3. Issuer Name and Ticker or Trading Symbol
Pearl Diver Credit Co Inc. [ PDCC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Pearl Diver Credit Company Inc. [PDCC]	4,266,473(1)	I	By Isthmus Capital LLC

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. University of Wisconsin Foundation (the "Reporting Person") is a member of Isthmus Capital LLC ("Isthmus"). The Reporting Person disclaims beneficial ownership of the shares held directly by Isthmus except to the extent of the Reporting Persons pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the Reporting Persons beneficial ownership of the shares held directly by Isthmus for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

	s/ John Norton	07/22/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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