# EDGAR Filing Document

**Accession Number:** 0001968376
**File Stem:** 0001104659-25-063198
**Filing Date:** 2025-6
**Character Count:** 12364
**Document Hash:** ccb4cfc21020da30cfa98c23d5e21df8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-063198.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001104659-25-063198

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250618

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Apollo Principal Holdings B, L.P.
- **CENTRAL INDEX KEY:** 0001968376

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-24002
- **FILM NUMBER:** 251082002

**BUSINESS ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-822-0516

**MAIL ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER NAME:**
- **FORMER CONFORMED NAME:** Apollo Principal Holdings VI, L.P.
- **DATE OF NAME CHANGE:** 20230306
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Apollo Principal Holdings B GP, LLC
- **CENTRAL INDEX KEY:** 0002011937

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

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-24002
- **FILM NUMBER:** 251082005

**BUSINESS ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 2125153265

**MAIL ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER NAME:**
- **FORMER CONFORMED NAME:** Apollo Principal Holdings VI GP, LLC
- **DATE OF NAME CHANGE:** 20240213
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** AP Talon Holdings, L.P.
- **CENTRAL INDEX KEY:** 0002071816

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

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-24002
- **FILM NUMBER:** 251082004

**BUSINESS ADDRESS:**
- **STREET 1:** 9 W. 57TH STREET
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-515-3200

**MAIL ADDRESS:**
- **STREET 1:** 9 W. 57TH STREET
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** AP Talon Holdings GP, LLC
- **CENTRAL INDEX KEY:** 0002071814

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

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-24002
- **FILM NUMBER:** 251082003

**BUSINESS ADDRESS:**
- **STREET 1:** 9 W. 57TH STREET
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-515-3200

**MAIL ADDRESS:**
- **STREET 1:** 9 W. 57TH STREET
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TCW Private Asset Income Fund
- **CENTRAL INDEX KEY:** 0002036272

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

**BUSINESS ADDRESS:**
- **STREET 1:** 515 SOUTH FLOWER STREET
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** (833) 996-2518

**MAIL ADDRESS:**
- **STREET 1:** 515 SOUTH FLOWER STREET
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

## Exhibit 99.1

**Exhibit 99.1**

(1) AP Talon Holdings, L.P. ("AP Talon") holds securities of the Issuer. AP Talon Holdings GP,
LLC ("Talon GP") serves as the general partner of AP Talon. Apollo Principal Holdings B, L.P. ("Principal Holdings B")
is the sole member of Talon GP. Apollo Principal Holdings B GP, LLC ("Principal Holdings B GP") is the general partner of
Principal Holdings B.

Talon GP, Principal Holdings B, and Principal Holdings B GP each disclaim beneficial ownership of all common shares included in this report, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any other purpose.

The principal office of each of AP Talon, Talon GP, Principal Holdings B, and Principal Holdings B GP is 9 West 57<sup>th</sup> Street, 41<sup>st</sup> Floor, New York, New York 10019.

## Exhibit 99.2

**Exhibit 99.2**

**This Statement on Form 3 is filed by:** (i) AP Talon Holdings, L.P.; (ii) AP Talon Holdings GP, LLC; (iii) Apollo Principal Holdings B, L.P.; and (iv) Apollo Principal Holdings B GP, LLC.

**Name of Designated Filer:** Apollo Principal Holdings B GP, LLC.

**Date of Event Requiring Statement:** June 18, 2025

**Issuer Name and Ticker or Trading Symbol:** TCW Private Asset Income Fund

---

| | | |
|:---|:---|:---|
| **AP Talon Holdings, L.P.** | **AP Talon Holdings, L.P.** | **AP Talon Holdings, L.P.** |
| By: | AP Talon Holdings GP, LLC, | AP Talon Holdings GP, LLC, |
|  | its general partner | its general partner |
|  | Apollo Principal Holdings B, L.P., | Apollo Principal Holdings B, L.P., |
|  | its sole member | its sole member |
|  | Apollo Principal Holdings B GP, LLC, | Apollo Principal Holdings B GP, LLC, |
|  | its general partner | its general partner |
|  | By: | /s/ William B. Kuesel |
|  | Name: | William B. Kuesel |
|  | Title: | Vice President |
| **AP Talon Holdings GP, LLC** | **AP Talon Holdings GP, LLC** | **AP Talon Holdings GP, LLC** |
| By: | Apollo Principal Holdings B, L.P., | Apollo Principal Holdings B, L.P., |
|  | its sole member | its sole member |
|  | Apollo Principal Holdings B GP, LLC, | Apollo Principal Holdings B GP, LLC, |
|  | its general partner | its general partner |
|  | /s/ William B. Kuesel | /s/ William B. Kuesel |
|  | William B. Kuesel | William B. Kuesel |
|  | Vice President | Vice President |
| **APOLLO PRINCIPAL HOLDINGS B, L.P.** | **APOLLO PRINCIPAL HOLDINGS B, L.P.** | **APOLLO PRINCIPAL HOLDINGS B, L.P.** |
| By: | Apollo Principal Holdings B GP, LLC, | Apollo Principal Holdings B GP, LLC, |
|  | its general partner | its general partner |
|  | /s/ William B. Kuesel | /s/ William B. Kuesel |
|  | William B. Kuesel | William B. Kuesel |
|  | Vice President | Vice President |
| **APOLLO PRINCIPAL HOLDINGS B GP, LLC** | **APOLLO PRINCIPAL HOLDINGS B GP, LLC** | **APOLLO PRINCIPAL HOLDINGS B GP, LLC** |
| By: | /s/ William B. Kuesel | /s/ William B. Kuesel |
| Name: | William B. Kuesel | William B. Kuesel |
| Title: | Vice President | Vice President |

---

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

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Apollo Principal Holdings B GP, LLC<br><sub>(Last) (First) (Middle)</sub><br>9 WEST 57TH STREET, 41ST FLOOR<br><sub>(Street)</sub><br>NEW YORK, NY 10019<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>TCW Private Asset Income Fund [ NONE ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-06-18 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>AP Talon Holdings, L.P.<br><sub>(Last) (First) (Middle)</sub><br>9 WEST 57TH STREET, 41ST FLOOR<br><sub>(Street)</sub><br>NEW YORK, NY 10019<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>TCW Private Asset Income Fund [ NONE ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-06-18 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>AP Talon Holdings GP, LLC<br><sub>(Last) (First) (Middle)</sub><br>9 WEST 57TH STREET, 41ST FLOOR<br><sub>(Street)</sub><br>NEW YORK, NY 10019<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>TCW Private Asset Income Fund [ NONE ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-06-18 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Apollo Principal Holdings B, L.P.<br><sub>(Last) (First) (Middle)</sub><br>9 WEST 57TH STREET, 41ST FLOOR<br><sub>(Street)</sub><br>NEW YORK, NY 10019<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>TCW Private Asset Income Fund [ NONE ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-06-18 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common shares of beneficial interest | 4995005 | I | See footnote<sup>(1)</sup> |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) See Exhibit 99.1.

**Signature:** See Exhibit 99.2  
**Date:** 2025-06-26

### Remarks:

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 4 (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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**