Eagle Point Credit (NYSE:ECC) Company is a closed-end management investment company organized as a Maryland corporation. Since its inception in March 2017, the company has sought to deliver current income and capital appreciation by primarily investing in collateralized loan obligations (CLOs). In pursuit of its investment objectives, Eagle Point Credit has built a diversified portfolio that spans both equity and debt tranches of CLOs, with a focus on arbitrage across the capital structure.
The company’s investment strategy centers on sourcing underpriced opportunities within the leveraged loan and CLO markets. Eagle Point’s portfolio includes equity tranches of CLOs, CLO debt securities, senior secured loans, and corporate loan obligations. By allocating across various levels of the capital stack—from higher-yielding equity pieces to more defensive debt tranches—the company aims to capture attractive risk-adjusted returns while managing portfolio volatility.
Eagle Point Credit operates primarily in the North American credit markets, although its investment adviser, Eagle Point Credit Management LLC, is positioned to pursue relative-value opportunities in European CLOs and global leveraged credit as market conditions warrant. The company utilizes leverage and secured financing structures to enhance portfolio yield, supporting its distribution policy through a combination of cash flow from underlying investments and financing arrangements.
The firm is guided by a seasoned management team with deep expertise in structured credit and CLO investing. Eagle Point Credit Management LLC, the company’s investment adviser, is backed by professionals specializing in credit analysis, portfolio construction, and risk management. Under the leadership of Chief Executive Officer Vikram Somaya and Chief Financial Officer Jared Pritzer, Eagle Point Credit remains committed to a disciplined and selective approach to CLO investing within a robust governance framework.
