SCHEDULE 13G 0002011937 XXXXXXXX LIVE Class I common shares of beneficial interest 06/18/2025 0002036272 TCW Private Asset Income Fund 87807Y206 515 South Flower Street Los Angeles CA 90071 Rule 13d-1(c) Apollo Principal Holdings B GP, LLC DE 0.00 4995005.00 0.00 4995005.00 4995005.00 N 16.5 OO AP Talon Holdings, L.P. DE 0.00 4995005.00 0.00 4995005.00 4995005.00 N 16.5 PN AP Talon Holdings GP, LLC DE 0.00 4995005.00 0.00 4995005.00 4995005.00 N 16.5 OO Apollo Principal Holdings B, L.P. E9 0.00 4995005.00 0.00 4995005.00 4995005.00 N 16.5 PN TCW Private Asset Income Fund 515 South Flower Street, Los Angeles, CA, 90071 This statement is filed by (i) AP Talon Holdings, L.P. ("AP Talon"); (ii) AP Talon Holdings GP, LLC ("Talon GP"); (iii) Apollo Principal Holdings B, L.P. ("Principal Holdings B"); and (iv) Apollo Principal Holdings B GP, LLC ("Principal Holdings B GP"). The foregoing are collectively referred to herein as the "Reporting Persons." AP Talon holds securities of the Issuer. Talon GP serves as the general partner of AP Talon. Principal Holdings B is the sole member of Talon GP. Principal Holdings B GP is the general partner of Principal Holdings B. The principal office of each of AP Talon, Talon GP, Principal Holdings B, and Principal Holdings B GP is 9 W. 57th Street, 41st Floor, New York, New York 10019. Principal Holdings B is a Cayman Islands exempted limited partnership. Talon GP and Principal Holdings B GP are each a Delaware limited liability company. AP Talon is a Delaware limited partnership. Y AP Talon 4,995,005 Talon GP 4,995,005 Principal Holdings B 4,995,005 Principal Holdings B GP 4,995,005 Talon GP, Principal Holdings B, Principal Holdings B GP, and Messrs. Marc Rowan, Scott Kleinman, and James Zelter, the managers, as well as executive officers, of 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. AP Talon 16.5% Talon GP 16.5% Principal Holdings B 16.5% Principal Holdings B GP 16.5% The percentages are based on 30,260,260.55 Class I common shares outstanding as of June 18, 2025, as provide by the Issuer to the Reporting Persons. 0 for all Reporting Persons 4,995,005 for all Reporting Persons 0 for all Reporting Persons 4,995,005 for all Reporting Persons Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Joint Filing Agreement Apollo Principal Holdings B GP, LLC /s/ William Kuesel 06/26/2025 AP Talon Holdings, L.P. AP Talon Holdings GP, LLC 06/26/2025 Apollo Principal Holdings B, L.P. 06/26/2025 Apollo Principal Holdings B GP, L.P. 06/26/2025 /s/ William Kuesel 06/26/2025 AP Talon Holdings GP, LLC Apollo Principal Holdings B, L.P. 06/26/2025 Apollo Principal Holdings B GP, L.P. 06/26/2025 /s/ William Kuesel 06/26/2025 Apollo Principal Holdings B, L.P. Apollo Principal Holdings B GP, L.P. 06/26/2025 /s/ William Kuesel 06/26/2025 Reporting Person/Group Name: