Articles from Eagle Point Credit Management LLC

Eagle Point Credit Management LLC (“Eagle Point”), a private credit investment manager, announced today that its Defensive Income Strategy has marked its fifth anniversary. The strategy originates and invests in Portfolio Debt Securities (“PDS”), which are primarily debt securities issued by credit funds to finance a portion of their portfolios. PDS is an asset class that Eagle Point identified and defined in 2020 and offers what the firm believes is a better, more defensive way to gain exposure to private credit.

Eagle Point Credit Management LLC (“Eagle Point”), a private credit investment manager, today announced that it has provided $15.3 million in senior secured credit financing for Integrated Modular Data Center LLC (“IMDC”), an advanced manufacturer of digital infrastructure that deploys its factory-built, large-scale data centers for public and private sector customers.

Eagle Point Credit Management LLC (“Eagle Point”), a private credit investment manager and Apple Bank, a New York–based regional bank providing consumer, commercial and small business banking services, announced today the creation of Newton Commercial Finance (“Newton”), an innovative equipment finance platform providing tailored solutions to companies with limited access to traditional bank financing programs.

Eagle Point Credit Management LLC (“Eagle Point”), a private credit investment manager, announced today the addition of Regan Gilbride as Managing Director, Client and Partner Solutions. She will be reporting to Kyle McGrady, Senior Principal and Head of Client and Partner Solutions at Eagle Point.

Eagle Point Credit Management LLC (“Eagle Point”), a private credit investment manager, announced today that Ken Yamashita has joined the firm as Managing Director, Head of Client and Partner Solutions for Japan. Mr. Yamashita will report to Kyle McGrady, Senior Principal and Head of Client and Partner Solutions.

Eagle Point Credit Management LLC (“Eagle Point”), a private credit investment manager, announced today that it has provided $18 million in project financing to Energy Vault. The funding supports Energy Vault’s 57 MW / 114 MWh Cross Trails Battery Energy Storage System (BESS), a grid-scale project that began full commercial operations in June 2025. The facility is now delivering essential grid resiliency and ancillary services to the Electric Reliability Council of Texas (ERCOT) market under a 10-year offtake agreement with Gridmatic. This agreement marks the first physically settled revenue floor contract for a BESS in the ERCOT market.

Eagle Point Institutional Income Fund (the “Fund”) today announced that total assets, inclusive of available borrowings under a revolving credit facility, have exceeded $200 million. The Fund recently paid its 35th consecutive monthly cash distribution representing a 12.0% annualized distribution rate.1 The Fund is managed by Eagle Point Credit Management LLC (“Eagle Point”), a specialist private credit asset manager with over $12 billion of assets under management.2

Eagle Point Credit Management LLC (“Eagle Point”), an investment manager focused on specialized private credit strategies, today announced that it has provided $28 million in project financing to Energy Vault, a leader in sustainable, grid-scale energy storage solutions, to support the development of its Calistoga Resiliency Center (“CRC”). The facility is 100% sustainable and will provide the city of Calistoga with an alternative power source in the event of a Public Safety Power Shutdown (“PSPS”) when Pacific Gas & Electric (“PG&E”) service is offline, helping to reduce the risk of power failures from wildfires. The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC.

Eagle Point Credit (“Eagle Point”), a specialist investment manager focused on investing in CLO Securities, Portfolio Debt Securities, Regulatory Capital Relief and Strategic Credit, was named “Best US CLO Equity Investor,” winning 48% of the vote, and “Best US CLO Junior Debt Investor,” winning 42% of the vote, in a survey of 539 verified CLO investors, collateral managers, bankers, traders and service providers.

Eagle Point Credit Management LLC (“Eagle Point”), a specialist investment manager focused on investing in CLO Securities, Portfolio Debt Securities and other credit investments, today announced senior team promotions, including five new Senior Principals and 16 new Principals.

Eagle Point Credit Management LLC (“Eagle Point”), a specialist asset manager focused on investing in CLO securities, portfolio debt securities and other credit investments, today announced that Mary Parrinelli has joined the firm as Managing Director, Investor Relations. Based in Greenwich, Ms. Parrinelli will report to Kyle McGrady, Principal and Head of Marketing and Investor Relations.

Eagle Point Credit Management LLC (“Eagle Point”), a specialist asset manager focused on investing in CLO securities, portfolio debt securities and other credit investments, has appointed Karan Chabba as Head of ABS, MBS, SRT and Specialty Finance, effective today. Mr. Chabba will be responsible for managing portfolios of credit investments including ABS, MBS, SRT and European Structured Products. He will also source, diligence, and monitor bespoke lending opportunities.

Eagle Point Credit Management LLC (“Eagle Point”), a specialist investment manager focused on investing in CLO securities, portfolio debt securities and other credit investments, was voted the “Best U.S. CLO Equity Investor” in a survey of 242 verified CLO investors, collateral managers, bankers, traders and service providers.

Eagle Point Credit Management LLC (“Eagle Point”), a specialist investment manager focused on investing in CLO securities, portfolio debt securities and other credit investments, today announced the final close of its Defensive Income Fund. The fund had an original target size of $250 million, was oversubscribed and closed at its hard cap of $300 million.

Eagle Point Credit Management LLC (“Eagle Point”), a specialist asset manager focused on investing in CLO securities and portfolio debt securities, today announced that Sam Yoon has joined the firm as a Vice President. He will report to Principal and Portfolio Manager Dan Ko.