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  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_pcap_ScotiabankCreditFacilityMember_label_en-US" xlink:label="lab_pcap_ScotiabankCreditFacilityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scotiabank Credit Facility [Member]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_pcap_ScotiabankCreditFacilityMember" xlink:href="pcap-20260502.xsd#pcap_ScotiabankCreditFacilityMember"/>
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    <link:label id="lab_pcap_BankOfAmericaCreditFacilityMember_label_en-US" xlink:label="lab_pcap_BankOfAmericaCreditFacilityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank of America Credit Facility [Member]</link:label>
    <link:label id="lab_pcap_BankOfAmericaCreditFacilityMember_documentation_en-US" xlink:label="lab_pcap_BankOfAmericaCreditFacilityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank of America Credit Facility</link:label>
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    <link:label id="lab_pcap_ClassDSharesMember_label_en-US" xlink:label="lab_pcap_ClassDSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class D Shares [Member]</link:label>
    <link:label id="lab_pcap_ClassDSharesMember_documentation_en-US" xlink:label="lab_pcap_ClassDSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class D Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_pcap_ClassDSharesMember" xlink:href="pcap-20260502.xsd#pcap_ClassDSharesMember"/>
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    <link:label id="lab_pcap_RevolvingCreditFacilityDebtInstrumentMember_label_en-US" xlink:label="lab_pcap_RevolvingCreditFacilityDebtInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility Debt Instrument [Member]</link:label>
    <link:label id="lab_pcap_RevolvingCreditFacilityDebtInstrumentMember_documentation_en-US" xlink:label="lab_pcap_RevolvingCreditFacilityDebtInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility Debt Instrument</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_pcap_RevolvingCreditFacilityDebtInstrumentMember" xlink:href="pcap-20260502.xsd#pcap_RevolvingCreditFacilityDebtInstrumentMember"/>
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    <link:label id="lab_pcap_ClassSSharesMember_label_en-US" xlink:label="lab_pcap_ClassSSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class S Shares [Member]</link:label>
    <link:label id="lab_pcap_ClassSSharesMember_documentation_en-US" xlink:label="lab_pcap_ClassSSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class S Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_pcap_ClassSSharesMember" xlink:href="pcap-20260502.xsd#pcap_ClassSSharesMember"/>
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    <link:label id="lab_pcap_CLOIIMember_label_en-US" xlink:label="lab_pcap_CLOIIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CLO-II [Member]</link:label>
    <link:label id="lab_pcap_CLOIIMember_documentation_en-US" xlink:label="lab_pcap_CLOIIMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CLO-II</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_pcap_CLOIIMember" xlink:href="pcap-20260502.xsd#pcap_CLOIIMember"/>
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    <link:label id="lab_pcap_CLOIMember_label_en-US" xlink:label="lab_pcap_CLOIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CLO-I [Member]</link:label>
    <link:label id="lab_pcap_CLOIMember_documentation_en-US" xlink:label="lab_pcap_CLOIMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CLO-I</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_pcap_CLOIMember" xlink:href="pcap-20260502.xsd#pcap_CLOIMember"/>
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    <link:label id="lab_us-gaap_ClassOfStockDomain_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ClassOfStockDomain"/>
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    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentNameDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain"/>
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    <link:label id="lab_pcap_ClassISharesMember_label_en-US" xlink:label="lab_pcap_ClassISharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class I Shares [Member]</link:label>
    <link:label id="lab_pcap_ClassISharesMember_documentation_en-US" xlink:label="lab_pcap_ClassISharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class I Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_pcap_ClassISharesMember" xlink:href="pcap-20260502.xsd#pcap_ClassISharesMember"/>
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