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Pearl Diver Credit Company Inc. Announces Fourth Quarter 2024 Earnings Conference Call
PDCCPEARL DIVER CREDIT COMPANY INC.(PDCC) Prnewswire·2025-01-21 21:32

Earnings Announcement and Conference Call - Pearl Diver Credit Company Inc will release its Q4 2024 financial results before market open on January 28 2025 [1] - The company will host a conference call at 11:00am ET / 4:00pm UK time on January 28 2025 to discuss the financial results [1] - Investors and analysts can dial 1-877-407-9208 (US) or 1-201-493-6784 (international) to participate in the call [2] - A live audio webcast of the conference call will be available on the company's website [2] - A replay of the conference call will be available within two hours of the conclusion of the call on the company's website [3] Company Overview - Pearl Diver Credit Company Inc is an externally managed non-diversified closed-end management investment company [4] - The company's primary investment objective is to maximize its portfolio's total return with a secondary objective of generating high current income [4] - The company invests primarily in equity and junior debt tranches of CLOs collateralized by portfolios of sub-investment grade senior secured floating-rate debt issued by US companies across several industry sectors [4] - The company is externally managed by Pearl Diver Capital LLP [4] Pearl Diver Capital Overview - Pearl Diver Capital specializes in collateralized loan obligation (CLO) investing [5] - The firm uses proprietary technology and advanced analytics to identify attractive opportunities in the CLO market [5] - As of December 31 2024 Pearl Diver Capital has approximately $2 8 billion in assets under management across multiple private funds [6] - The firm's investors include public pension plans university endowments foundations large family offices corporate/ERISA pension plans and asset managers across the US Europe and Latin America [6] - Pearl Diver Capital has developed close relationships with over 80 CLO managers and their analysts across the CLO spectrum [6] - The firm's focus on CLO investing rather than CLO management allows it to avoid conflicts of interest and gain rare access to critical credit information on underlying companies in CLO portfolios [6]