# EDGAR Filing Document

**Accession Number:** 0001849089
**File Stem:** 0001104659-25-096181
**Filing Date:** 2025-10
**Character Count:** 10904
**Document Hash:** 0b6c753691f29ef2df752a1bac455519
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-096181.hdr.sgml**: 20251002

**ACCESSION NUMBER**: 0001104659-25-096181

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20251002

**DATE AS OF CHANGE**: 20251002

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lafayette Square USA, Inc.
- **CENTRAL INDEX KEY:** 0001849089

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93706
- **FILM NUMBER:** 251370853

**BUSINESS ADDRESS:**
- **STREET 1:** 175 SW 7TH STREET
- **STREET 2:** UNIT 1911
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33130
- **BUSINESS PHONE:** 7866880975

**MAIL ADDRESS:**
- **STREET 1:** 175 SW 7TH STREET
- **STREET 2:** UNIT 1911
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Lafayette Square Empire BDC, Inc.
- **DATE OF NAME CHANGE:** 20211101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Lafayette Square Empire BDC, LLC
- **DATE OF NAME CHANGE:** 20210303
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CAISSE DE DEPOT ET PLACEMENT DU QUEBEC
- **CENTRAL INDEX KEY:** 0000898286

**ORGANIZATION NAME:**
- **EIN:** 980380483
- **STATE OF INCORPORATION:** A8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1000 PLACE JEAN-PAUL RIOPELLE
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H2Z2B3
- **BUSINESS PHONE:** 514 847-2353

**MAIL ADDRESS:**
- **STREET 1:** 1000 PLACE JEAN-PAUL RIOPELLE
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H2Z2B3

## Ex-99.A

**<u>Annex A</u>**

**CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC**

**<u>Directors and Officers</u>**

---

| | | | |
|:---|:---|:---|:---|
| **Name** | **Business Address** | **Principal Occupation or Employment** | **Citizenship** |
| Jean St-Gelais | 1000, place Jean-Paul-Riopelle Montréal, Québec<br> H2Z 2B3  | Chairman of the Board of Directors | Canadian |
| Jean-François Blais | 1000, place Jean-Paul-Riopelle Montréal, Québec<br> H2Z 2B3  | Corporate Director | Canadian |
| Ivana Bonnet Zivcevic | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Serbian, French |
| Alain Côté | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Wendy Murdock | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Lynn Jeanniot | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Florence Brun-Jolicoeur | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3 | Director, Strategy, Aviseo<br>| Canadian |
| René Dufresne | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | President and Chief Executive Officer, Retraite Québec<br>| Canadian |

---

---

| | | | |
|:---|:---|:---|:---|
| Olga Farman | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3 | Corporate Director<br> President and Chief Executive Officer, Port de Québec | Canadian |
| Nelson Gentiletti | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Audrey Murray | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director<br> President and Chief Executive Officer, Commission de la construction du Québec | Canadian |
| Ghislain Parent | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Marc Tremblay | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Charles Emond | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | President, Chief Executive Officer and Corporate Director | Canadian |
| Pierre Beaulieu | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President, Digital Technology | Canadian |
| Sarah-Émilie Bouchard | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President, Global Strategy and Chief Operating Officer | Canadian |
| Vincent Delisle | 1000, place Jean-Paul-Riopelle<br> 7th floor<br> Montréal, Québec H2Z<br> 2B3 | Executive Vice-President and Head of Liquid Markets | Canadian |
| Ève Giard | 1000, place Jean-Paul-Riopelle 5th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President, Talent and Performance | Canadian |
| Emmanuel Jaclot | 1000, place Jean-Paul-Riopelle 8th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of Infrastructure and Sustainability | French |

---

---

| | | |
|:---|:---|:---|
| Kim Thomassin | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of QuébecCanadian |
| Rana Ghorayeb | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of Real Estate Canadian |
| David Latour | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Chief Risk Officer Canadian |
| Martin Longchamps | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of Private Equity and Private Credit Canadian |
| Philippe Tremblay | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President, Depositors and Total Portfolio Canadian |
| Michel Lalande | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of Legal and Global Affairs Canadian |

---

## Ex-99.B

**<u>Annex B</u>**

**<u>Schedule of Transactions</u>**

**CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC**

**None, except as described in Item 3 of this Schedule 13D**

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 9)**

**Lafayette Square USA, Inc.**

*(Name of Issuer)*

**Common Stock, par value $0.001 per share**

*(Title of Class of Securities)*

**000000000**

*(CUSIP Number)*

**Soulef Hadjoudj**<br>Caisse de depot et placement du Quebec<br>1000, place Jean-Paul-Riopelle<br>Montreal A8 H2Z 2B3<br>(514) 847-5998

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**09/30/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **000000000** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Caisse de depot et placement du Quebec** | Name of reporting person<br>**Caisse de depot et placement du Quebec** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**QUEBEC** | Citizenship or place of organization<br>**QUEBEC** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**6114196.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**6114196.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**6114196.00** | Aggregate amount beneficially owned by each reporting person<br>**6114196.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**23.3%** | Percent of class represented by amount in Row (11)<br>**23.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, par value $0.001 per share

**(b) Name of Issuer:**
Lafayette Square USA, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
175 SW 7th St, Unit 2307, Miami, FL, 33130-2992

This amendment No. 9 ("Amendment No. 9") to Schedule 13D relates to the Schedule 13D filed on June 24, 2022 , as amended by Amendment No. 1, dated September 14, 2022, Amendment No. 2, dated December 22, 2022, Amendment No. 3, dated January 27, 2023, Amendment No. 4, dated March 29, 2023, Amendment No. 5, dated June 29, 2023, Amendment No. 6 dated December 15, 2023, Amendment No. 7, dated May 2, 2024, and Amendment No. 8 dated September 30, 2024 (the "Schedule 13D") by Caisse de depot et placement du Quebec (the "Reporting Person") relating to the Common Stock, par value $0.001 per share (the "Common Stock") issued by Lafayette Square USA, Inc. (formerly, Lafayette Square Empire BDC, Inc.), a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 175 SW Seventh St., Unit 2307, Miami, Florida, 33130.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5(a) and (b) is amended and restated as follows:

As a result of the transactions described above, the Reporting Person is the direct beneficial owner of 6,114,196.07 shares of Common Stock, which represents approximately 23.3% of the Issuer's outstanding Common Stock, based on 26,192,798.89 shares of Common Stock outstanding as of September 30, 2025.

**(b)**
—

**(c)**
Item 5(c) is amended and restated as follows:

The transactions by the Reporting Persons in the shares of Common Stock during the past sixty days are set forth in Annex B. Except as otherwise disclosed therein, the Reporting Persons have not effected any transaction in the shares of Common Stock in the last 60 days.

### SIGNATURE

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.

**Reporting Person:** Caisse de depot et placement du Quebec

**Signature:** /s/ Soulef Hadjoudj

**Name/Title:** Soulef Hadjoudj/Authorized Signatory

**Date:** 10/02/2025