Company: PDCC
Filing Date: 2025-07-18
Form Type: N-2
Source: 0001214659-25-010613
Chunk: 107

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-07-18
Form: N-2
Chunk 107
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 and, as of                                               
 the date of this prospectus, provides investment management services to ten funds comprising the Pearl Diver platform. Since 2008, the 
 Adviser has established a track record of selecting profitable investments with default rates in the underlying collateral pool lower  
 than the average rate for the broader loan market.                                                                                     |

| • | Methodical investment process. The Adviser uses a look-through approach which includes in-depth                                                
 credit analysis of the corporate debt assets in the collateral pool underlying each CLO as well as a highly automated structural analytics     
 for generating projected CLO cash flows under a variety of stressed scenarios. The precise duration of each CLO is estimated using proprietary 
 duration simulation algorithms. The Adviser employs a proprietary Machine Learning generated data lake that records and benchmarks every       
 CLO manager’s style and alpha creation metrics continually, helping in the construction of balanced and diversified CLO tranche                
 portfolios.                                                                                                                                    |

In addition, the Adviser uses a process
and model, for ongoing risk management and monitoring of all the portfolio of investments under management. This involves continued credit
analysis and monitoring of the underlying collateral portfolios inside CLOs, combined with monitoring and reviews of the structural aspects
of each CLO, including the evolution of the various tests and triggers inside CLOs. In essence, the Adviser’s highly differentiated
quantitative approach allows for pricing of every single CLO tranche in the market on a daily basis, allowing the Adviser to take a “relative
value” approach to all CLO investments.

| • | Identification of investment opportunities. The Adviser has extensive relationships at banks,                                                 
 other funds, brokerage houses and other participants in the securitized products market. Through these relationships, the Adviser is notified 
 of a wide range of investment opportunities in CLOs and other securitized products. These investment opportunities are notified to the        
 Adviser either in the course of particular auction processes or as part of private bilateral negotiations with investors or financial         
 institutions that may hold, or wish to offer or exit, structured credit investments. The Adviser employs a proprietary NLP based Investment   
 Origination Engine that automates origination and selection of investments from the secondary markets via auctions and over-the-counter       
 direct trades. The Investment Origination Engine incorporates a memory of relevant trades and pricing information related to the trades       
 of CLO tranches over time, allowing the Adviser to approach the market in a highly informed manner.                                           |

| • | Efficient vehicle for gaining exposure to