Company: ECC-PD
Filing Date: 2025-02-04
Form Type: 40-APP/A
Source: 0001104659-25-008762
Chunk: 12

Company: Eagle Point Credit Co Inc.
Filing Date: 2025-02-04
Form: 40-APP/A
Chunk 12
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 Code, for federal income tax purposes. EPDIT is managed by EPDIM pursuant
to an investment advisory agreement. EPDIT is structured as an interval fund pursuant to Rule 23c-3 under the Act. EPDIT’s
primary investment objective is to generate high current income, with a secondary objective to generate capital gains. EPDIT invests
primarily in portfolio debt securities, which are debt and preferred equity securities issued by funds and investment vehicles primarily
to finance a portion of their underlying investment portfolios. EPDIM generally expects a majority of portfolio debt securities in which
the Fund invests to be backed by portfolios of U.S.-based credit-related assets under current market conditions.

The business and affairs
of each Regulated Fund will be managed under the direction of a board, each of which currently consists of six members, four of whom
are Independent Directors. No Independent Director of a Regulated Fund, as the case may be, will have any financial interest in any Co-Investment
Transaction, including a Follow-on Investment, or any interest in any portfolio company, other than indirectly through share ownership
(if any) in the Regulated Fund of which they are a board member.

B. Existing Affiliated Funds

All Existing Affiliated Funds
are investment vehicles, each of which is a separate and distinct legal entity and would be an investment company but for Section 3(c)(1) or
3(c)(7) of the Act. A list setting out the Existing Affiliated Funds is included on Schedule A hereto.

C. EPCM, EPIM, EPEIM and EPDIM

EPCM is organized as a limited
liability company under the laws of the state of Delaware. EPCM is registered with the Commission under the Advisers Act and serves as
the investment adviser to ECC and EPIIF and each of the Existing Affiliated Funds. EPCM is indirectly wholly owned (through certain intermediate
holding companies) by Eagle Point Holdings LP (“EP Holdings”). EP Holdings is primarily owned by certain of the “Trident
Funds,” which are a series of private equity funds12
managed by Stone Point Capital LLC (“Stone Point”). Thomas P. Majewski, the founder and managing partner of EPCM,
and certain other senior employees of EPCM also hold minority equity interests in EP Holdings. Eagle Point Holdings GP LLC (“EP Holdings GP”) serves as the general partner to EP Holdings. EPCM is ultimately governed through intermediary holding companies
by the board of managers of EP Holdings