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PDCC

Pearl Diver CreditยทNYSE
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PDCC Profile

Pearl Diver Credit Company Inc.

A newly formed, externally managed, non-diversified, closely held investment company

Capital market
05/19/2023
07/18/2024
New York Stock Exchange
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12-31
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Common stock
747 Third Avenue, Suite 3603, New York, NY 10017
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Pearl Diver Credit Company Inc., a Delaware limited liability company formed on May 19, 2023. The company is a newly established, externally managed, non-diversified closed-end management investment company. They intend to adopt an investment strategy that focuses primarily on (i) positions in the CLO equity component acquired in primary and secondary market transactions; (ii) the CLO debt component; and (iii) other related investments. CLOs are securitization vehicles backed by a diverse pool of funds that are primarily broadly syndicated senior secured subprime investment grade corporate loans, also known as leveraged loans.