Pearl Diver Credit Company Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Indranil Basu
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 747 Third Avenue, Suite 3603 New York City NY United States of America 10017
- IPO Date
- Dec 16, 2024
- CIK
- 0001998043
- Website
- pearldivercreditcompany.com
- Similar Companies
- Business
- Pearl Diver Credit Company Inc. is an externally managed, non-diversified closed-end management investment company specializing in investments primarily in equity and junior debt tranches of collateralized loan obligations (CLOs). These CLOs are collateralized by portfolios of sub-investment grade, senior secured floating-rate debt issued by a diverse range of United States companies across multiple industry sectors. The company operates through its adviser, Pearl Diver Capital LLP, a firm with significant expertise in structuring, valuing, and investing in CLOs. Pearl Diver Credit Company's investment objective is to maximize portfolio total return with a secondary focus on generating high current income. The company may also invest in senior debt tranches of CLOs and CLO warehouse first loss investments. Founded in 2023, it is headquartered in London, Greater London, United Kingdom. Recent major corporate developments include the company's initial public offering in 2025, raising $50 million as a newly organized, externally managed investment firm. As of the latest reports, Pearl Diver Capital manages approximately $2.9 billion in assets across multiple private funds targeting institutional investors globally. The company continues to emphasize advanced investment strategies combining machine learning and data science with fundamental credit analysis to identify mispriced risks in corporate credit markets. Pearl Diver Credit Company has maintained steady financial performance and regularly declares monthly dividends on its Series A Term Preferred Stock, reflecting an annual distribution rate of 8% of the $25 liquidation preference per share. The company targets a broad institutional client base, including public pension plans, university endowments, foundations, large family offices, and corporate pension plans primarily across the US, Europe, and Latin America. The firm maintains a strong compliance and risk management framework to support its investment operations and uphold regulatory standards under the Investment Company Act of 1940. This combination of a focused investment niche in CLO tranches and cutting-edge quantitative methods highlights Pearl Diver Credit Company’s positioning within the leveraged loan and corporate credit markets. Pearl Diver Credit Company’s core products and services thus comprise CLO equity and junior debt tranche investments, alongside related debt investments associated with these tranches, providing targeted exposure to senior secured floating-rate debt issued mainly by U.S. companies. The company's strategic advances have centered on expanding its asset management capabilities and publicly offering shares to enable broader investor participation. In summary, Pearl Diver Credit Company Inc. is a specialist CLO-focused closed-end fund manager that leverages advanced credit and data analytics to pursue total return and income generation, operating chiefly in U.S. corporate credit markets with a globally diversified investor base and recent capital market presence following its 2025 public offering.
Pearl Diver Credit Company Inc. (PDCC) Q1 2026 Earnings Call Transcript
Pearl Diver Credit Company Inc. Declares Monthly Dividends
Pearl Diver Credit Company Inc. Announces First Quarter 2026 Financial Results
Pearl Diver Credit Company Inc. Schedules First Quarter 2026 Earnings Release and Conference Call
Pearl Diver Credit: Preferred Stock Is The Way To Go
Pearl Diver Credit Company Inc. Announces Fourth Quarter 2025 Financial Results
Pearl Diver Credit Company Inc. Schedules Fourth Quarter 2025 Earnings Release and Conference Call
Pearl Diver Credit Company Inc. Declares Monthly Dividends
Pearl Diver Credit Company Inc. Announces Third Quarter 2025 Financial Results
Pearl Diver Credit Company: Shares Are A 'Maybe,' Preferreds Are A 'Yes'
Pearl Diver Credit Company Inc. Schedules Third Quarter 2025 Earnings Release and Conference Call
Pearl Diver Credit Company Inc. Declares Monthly Dividends
Pearl Diver Credit Company Inc. Announces Second Quarter 2025 Financial Results
Pearl Diver Credit Company Inc. Schedules Second Quarter 2025 Earnings Release and Conference Call
Pearl Diver Credit Company Inc. Declares Monthly Dividends
CEF Weekly Review: Defining Overdistribution
It's Raining CLO Equity CEFs And Why We Got Longer
Pearl Diver Credit Company Inc. Declares Monthly Dividends
Pearl Diver Credit Company Inc. Announces First Quarter 2025 Financial Results
Pearl Diver Credit Company Inc. Announces First Quarter 2025 Earnings Conference Call