Company: PDCC
Filing Date: 2025-07-18
Form Type: N-2
Source: 0001214659-25-010613
Chunk: 116

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-07-18
Form: N-2
Chunk 116
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 pay to the Adviser and the Administrator, see “The Adviser and the Administrator — Investment Advisory Agreement — Management Fee” and “The Adviser and the Administrator — The Administrator and the Services Agreement.”

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The Adviser pursues a differentiated strategy
within the CLO market with:

| · | a singular focus on investing in CLO equity and debt tranches (The Adviser strategically does not manufacture and manage its own 
 CLOs to avoid conflicts of interest);                                                                                            |

| · | a 16-year track record (firm inception: Sept 2008) and currently managing $3.0 billion in CLO tranches; |

| · | a well-respected roster of institutional investors; |

| · | a focus on identifying relative value; and |

| · | a unique and highly agile approach to CLO investments that utilizes proprietary Statistical and Machine Learning technologies throughout 
 the investment / research process.                                                                                                       |

The Adviser’s CLO investment team (the “Investment
Team”) is led by Mr. Indranil (Neil) Basu, Mr. Chandrajit Chakraborty, Mr. Matthew Layton, Mr. Kerrill Gaffney, Mr. Michael Brown
and Mr. Patrick Chan. The Investment Team is jointly and primarily responsible for our day-to-day investment management and the implementation
of our investment strategy and process.

Each member of the Investment Team is a CLO industry
specialist who has been directly involved in the CLO market for the majority of his or her career and has built relationships with key
market participants, including CLO collateral managers, investment banks, and investors. Members of the Investment Team have been involved
in the CLO market as:

| · | the head of the CLO business at various investment banks; |

| · | a lead CLO structurer; |

| · | a CLO equity and debt investor; and |

| · | a CLO collateral manager. |

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Portfolio Managers

Biographical information
on the senior members of the CLO Investment Team is set forth below:

Indranil (Neil) Basu, CEO, Managing Partner

Neil previously worked with Citibank, ABN AMRO
and Nomura Securities. Prior to founding Pearl Diver Capital, Neil was Managing Director and Head of Structured/Securitised Credit business
at Wachovia Securities (now Wells Fargo) in London and member of Wachovia’s European Fixed Income Operating Committee