# EDGAR Filing Document

**Accession Number:** 0000898286
**File Stem:** 0000950142-23-000227
**Filing Date:** 2023-1
**Character Count:** 14516
**Document Hash:** f43571aac36c2c914517cf9d1dc713c7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950142-23-000227.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0000950142-23-000227

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

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**GROUP MEMBERS**: CAISSE DE DEPOT ET PLACEMENT DU QUEBEC

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lafayette Square USA, Inc.
- **CENTRAL INDEX KEY:** 0001849089
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93706
- **FILM NUMBER:** 23564160

**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
- **IRS NUMBER:** 980380483
- **STATE OF INCORPORATION:** A8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 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

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13D**

**Under the Securities Exchange Act of 1934**

**(Amendment No. 3)\***

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| |
|:---|
| **Lafayette Square USA, Inc.** |
| (Name of Issuer) |
| **Common Stock, par value $0.001 per share** |
| (Title of Class of Securities) |
| **N/A** |
| (CUSIP Number) |
| **Soulef Hadjoudj<br> Caisse de dépôt et placement du Québec<br> 1000, place Jean-Paul-Riopelle<br> Montréal, Québec<br> H2Z 2B3<br> (514) 847-5998** |
| (Name, Address and Telephone Number of Person<br> Authorized to Receive Notices and Communications) |
| **January 26, 2023** |
| (Date of Event which Requires Filing of this Statement) |

---

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

\*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of section 18 of the Securities Exchange Act of 1934 ("<u>Act</u>") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

---

| | | |
|:---|:---|:---|
| **CUSIP NO. N/A** | **SCHEDULE 13D** | Page 2 of 4 |

---

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| | | |
|:---|:---|:---|
| 1 | NAME OF REPORTING PERSON<br>Caisse de dépôt et placement du Québec |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>| (a) ☐<br> (b) ☒ |
| 3 | SEC USE ONLY<br>|  |
| 4 | SOURCE OF FUNDS<br>OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)<br>| ☐ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Québec, Canada |  |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY EACH<br> REPORTING PERSON<br> WITH | 7 | SOLE VOTING POWER<br>1,819,530.41 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY EACH<br> REPORTING PERSON<br> WITH | 8 | SHARED VOTING POWER<br>|
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY EACH<br> REPORTING PERSON<br> WITH | 9 | SOLE DISPOSITIVE POWER<br>1,819,530.41 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY EACH<br> REPORTING PERSON<br> WITH | 10 | SHARED DISPOSITIVE POWER<br>|

---

---

| | | |
|:---|:---|:---|
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,819,530.41 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES<br>| ☐ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br>24.5% |  |
| 14 | TYPE OF REPORTING PERSON<br>OO |  |

---

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| | | |
|:---|:---|:---|
| **CUSIP NO. N/A** | **SCHEDULE 13D** | Page 3 of 4 |

---

Item 1. <u>Security and Issuer</u>.

This amendment No. 3 ("<u>Amendment No. 3</u>") to Schedule 13D relates to the Schedule 13D filed on June 24, 2022 , as amended by Amendment No. 1, dated September 14, 2022 and Amendment No. 2, dated December 22, 2022 (the "Schedule 13 D") by Caisse de dépôt et placement du Québec (the "<u>Reporting Person</u>") relating to the Common Stock, par value $0.001 per share (the "<u>Common Stock</u>") 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 1911, Miami, Florida, 33130.

Capitalized terms used but not defined in this Amendment No. 3 shall have the meanings set forth in the Schedule 13D.

Except as specifically amended by this Amendment No. 3, the Schedule 13D is unchanged.

Item 2. <u>Identity and Background.</u>

Item 2 of the Schedule 13D is hereby amended and supplemented by adding the following information:

"The citizenship of the natural persons who are officers, directors or controlling persons of the Reporting Person is set forth in Annex A hereto."

Item 3. <u>Source and Amount of Funds or Other Consideration.</u>

Item 3 of the Schedule 13D is hereby amended and supplemented by adding the following information:

"On January 26, 2023, the Reporting Person purchased 606,828.94 shares of Common Stock from the Issuer, at a purchase price of $14.79 per share, for an aggregate purchase price of $8,975,000.02, following the delivery by the Issuer to the Reporting Person of a drawdown notice pursuant to the Subscription Agreement. The source of funds used by the Reporting Person was funds on deposit at the Reporting Person."

Item 5. <u>Interest in Securities of the Issuer</u>.

Item 5 of the Schedule 13D is hereby amended and restated to read in full as follows:

"The responses to this Item 5 and the information on the cover page are based on there being 7,426,949.56 shares of Common Stock outstanding as of January 27, 2023.

The information set forth in Items 2 and 3 of this Amendment No. 3 and the cover pages of this Amendment No. 3 is hereby incorporated by reference into this Item 5.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) and (b) As a result of the transactions described above, the Reporting Person is the direct beneficial owner of 1,819,530.41 shares of Common Stock, which represents approximately 24.5% of the Issuer's outstanding Common Stock.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The transactions by the Reporting Person in the shares of Common Stock during the past sixty days are set forth in Annex B. Except as otherwise disclosed therein, the Reporting Person has not effected any transaction in the shares of Common Stock in the last 60 days.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of the shares of Common Stock beneficially owned by the Reporting Person.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Not applicable."

---

| | | |
|:---|:---|:---|
| **CUSIP NO. N/A** | **SCHEDULE 13D** | Page 4 of 4 |

---

**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.

Dated: January 27, 2023

---

| | | |
|:---|:---|:---|
| **CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC** | **CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC** | **CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC** |
| By: | /s/ Soulef Hadjoudj | /s/ Soulef Hadjoudj |
|  | Name: | Soulef Hadjoudj |
|  | Title: | Authorized Signatory |

---

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

**CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC**

**** 

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

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| | | | |
|:---|:---|:---|:---|
| **Name** | **Business Address** | **Principal Occupation or Employment** | **Citizenship**<br>|
| Jean St-Gelais | 1000, place Jean-Paul-Riopelle<br> Montréal, Québec<br> H2Z 2B3 | Chairman of the Board of Directors | Canadian |
| Jean-François Blais | 1000, place Jean-Paul-Riopelle<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director | Canadian |
| Ivana Bonnet Zivcevic | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director<br> Senior Country Officer, Crédit Agricole CIB Italy | Serbian and<br> French<br>|
| Alain Côté | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director | Canadian |
| René Dufresne | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director<br> President and Chief Executive Officer, Retraite<br> Québec | Canadian |
| Charles Emond | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | President, Chief Executive Officer and Corporate Director | Canadian |
| Olga Farman | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director<br> Managing Director, Norton Rose Fulbright | Canadian |
| Nelson Gentiletti | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director | Canadian |

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| | | | |
|:---|:---|:---|:---|
| **<u>Name</u>** | **<u>Business Address</u>** | **<u>Principal Occupation or Employment</u>** | **<u>Citizenship</u>**<br>|
| Gilles Godbout | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director | Canadian |
| Lynn Jeanniot | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director | Canadian |
| Maria S. Jelescu Dreyfus | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director<br> Chief Executive Officer, Ardinall Investment Management<br>| Romanian |
| Diane Lemieux | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director<br> President and Chief Executive Officer, Commission<br> de la construction du Québec | Canadian |
| Martin Longchamps | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President and Head of Private Equity | Canadian |
| Wendy Murdock | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Corporate Director | Canadian |
| Maxime Aucoin | 1000, place Jean-Paul-Riopelle<br> 9th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President and Head of Total Portfolio | Canadian |
| Claude Bergeron | 1000, place Jean-Paul-Riopelle<br> 9th floor<br> Montréal, Québec<br> H2Z 2B3 | Chief Risk Officer and Head of Depositor Relationships | Canadian |

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| | | | |
|:---|:---|:---|:---|
| **<u>Name</u>** | **<u>Business Address</u>** | **<u>Principal Occupation or Employment</u>** | **<u>Citizenship</u>**<br>|
| Marc-André Blanchard | 1000, place Jean-Paul-Riopelle<br> 10th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President and Head of CDPQ Global | Canadian |
| Ani Castonguay | 1000, place Jean-Paul-Riopelle<br> 10th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President, Public Affairs | Canadian |
| Marc Cormier | 1000, place Jean-Paul-Riopelle<br> 6th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President and Head of Fixed Income | French and Canadian |
| Martin Coiteux | 1000, place Jean-Paul-Riopelle<br> 4th floor<br> Montréal, Québec<br> H2Z 2B3 | Head of Economic Analysis and Global Strategy | Canadian |
| Vincent Delisle | 1000, place Jean-Paul-Riopelle<br> 7th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President and Head of Liquid Markets | Canadian |
| Ève Giard | 1000, place Jean-Paul-Riopelle<br> 5th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President, Talent and Performance | Canadian |
| Emmanuel Jaclot | 1000, place Jean-Paul-Riopelle<br> 8th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President and Head of Infrastructure | French |
| Maarika Paul | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President and Chief Financial and Operations Officer | Canadian |
| Alexandre Synnett | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President, Private Equity, Technology | Canadian |

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| | | | |
|:---|:---|:---|:---|
| **<u>Name</u>** | **<u>Business Address</u>** | **<u>Principal Occupation or Employment</u>** | **<u>Citizenship</u>**<br>|
| Kim Thomassin | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President and Head of Québec | Canadian |
| Nathalie Palladitcheff | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | President and Chief Executive Officer Ivanohé Cambridge | French |
| Rana Ghorayeb | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | President and Chief Executive Officer Otéra Capital | Canadian |
| Michel Lalande | 1000, place Jean-Paul-Riopelle<br> 11th floor<br> Montréal, Québec<br> H2Z 2B3 | Executive Vice-President, Legal Affairs and Secretariat | Canadian |

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**<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