# EDGAR Filing Document

**Accession Number:** 0002076022
**File Stem:** 0001104659-25-117399
**Filing Date:** 2025-12
**Character Count:** 16630
**Document Hash:** 3497566de9d68e00f13d217fe74ced16
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-117399.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0001104659-25-117399

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EP Private Capital Fund I
- **CENTRAL INDEX KEY:** 0002076022

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24109
- **FILM NUMBER:** 251540812

**BUSINESS ADDRESS:**
- **STREET 1:** 600 STEAMBOAT ROAD
- **STREET 2:** SUITE 202
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** (203) 340-8500

**MAIL ADDRESS:**
- **STREET 1:** 600 STEAMBOAT ROAD
- **STREET 2:** SUITE 202
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** EP Private Capital Fund I

- **b. Investment Company Act file number:** 811-24109

- **c. CIK number of Registrant:** 0002076022

- **d. LEI of Registrant:** 254900CT3UJYS7QZ9S85

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 600 Steamboat Road

  - **City:** Greenwich

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06830

  - **Telephone number:** 203-340-8500

**Item A.2. Information about the Series.**

- **a. Name of Series:** EP Private Capital Fund I

- **c. LEI of Series:** 254900CT3UJYS7QZ9S85

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $50745690.00

**Total Liabilities:** $9948403.00

**Net Assets:** $40797287.00

**Delayed Delivery Securities:** $19739974.57

**Cash Not Reported:** $2514332.00

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** -1781.680579 | **5-Year:** -5711.413751 | **10-Year:** -73.21126316 | **30-Year:** -346.6648396

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** -0.000703018 | **5-Year:** -1602.738833 | **10-Year:** -6278.017093 | **30-Year:** -1413.799609

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 0.00%                | 0.30%                | 1.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $401.00                  | $250367.00                                 |
| Month 3  | $-2864.00                | $555629.00                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                      | Title                             | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sachem Capital Corp.                                      | Preferred Stock                   | CUSIP: 78590A505<br>LEI: N/A | Long             | EP               | CORP              | US        |       866 | PA      | $14886.54     | 0.04%             | 2050-01-01      | Fixed         | 0.08%                 | No            |                  1 | On Loan: No      |
| OFS Credit Company, Inc.                                  | Preferred Stock                   | CUSIP: 67111Q305<br>LEI: N/A | Long             | EP               | CORP              | US        |        16 | PA      | $399.36       | 0.00%             | 2026-04-30      | Fixed         | 0.06%                 | No            |                  1 | On Loan: No      |
| Arbor Realty Trust, Inc.                                  | Preferred Stock, Series F         | CUSIP: 038923850<br>LEI: N/A | Long             | EP               | CORP              | US        |     21481 | PA      | $485470.60    | 1.19%             | 2050-01-01      | Fixed         | 0.06%                 | No            |                  1 | On Loan: No      |
| ALP CFO 2025, L.P.                                        | Senior Secured Loan               | CUSIP: N/A<br>LEI: N/A       | Long             | ABS-O            | CORP              | KY        |   4662000 | PA      | $4662000.00   | 11.43%            | 2037-07-15      | Fixed         | 0.14%                 | Yes           |                  3 | On Loan: No      |
| ALP CFO 2025, L.P.                                        | Senior Secured Loan               | CUSIP: 020529AC7<br>LEI: N/A | Long             | ABS-O            | CORP              | KY        |   4143000 | PA      | $4143000.00   | 10.16%            | 2037-07-15      | Fixed         | 0.12%                 | Yes           |                  3 | On Loan: No      |
| GCM Grosvenor Credit Secondaries Structured Note 2025, LP | Senior Secured Loan               | CUSIP: 36164SAC8<br>LEI: N/A | Long             | ABS-O            | CORP              | US        |   2569531 | PA      | $2569530.60   | 6.30%             | 2037-09-20      | Floating      | 0.12%                 | Yes           |                  3 | On Loan: No      |
| CVC Structured Solutions 2, LLC                           | Senior Secured Loan               | CUSIP: 12690KAC9<br>LEI: N/A | Long             | ABS-O            | CORP              | US        |    824495 | PA      | $824494.83    | 2.02%             | 2040-09-03      | Floating      | 0.12%                 | Yes           |                  3 | On Loan: No      |
| Velocity Commercial Capital LLC                           | Senior Secured Note               | CUSIP: 92259RAA3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4972000 | PA      | $4887476.00   | 11.98%            | 2027-03-15      | Fixed         | 0.07%                 | Yes           |                  3 | On Loan: No      |
| Velocity Commercial Capital LLC                           | Senior Secured Note               | CUSIP: 92259RAC9<br>LEI: N/A | Long             | DBT              | CORP              | US        |    692000 | PA      | $711722.00    | 1.74%             | 2029-02-15      | Fixed         | 0.10%                 | Yes           |                  3 | On Loan: No      |
| Adamas Trust, Inc.                                        | Senior Unsecured Note             | CUSIP: 649604816<br>LEI: N/A | Long             | DBT              | CORP              | US        |    403420 | PA      | $10192406.30  | 24.98%            | 2030-10-01      | Fixed         | 0.10%                 | No            |                  1 | On Loan: No      |
| Oxford Lane Capital Corp.                                 | Common Stock                      | CUSIP: 691543847<br>LEI: N/A | Long             | EC               | CORP              | US        |     64354 | PA      | $1089513.22   | 2.67%             | 2050-01-01      | Floating      | 0.00%                 | No            |                  1 | On Loan: No      |
| Ready Capital Corporation                                 | Senior Unsecured Note             | CUSIP: 75574UAB7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5529000 | PA      | $4782585.00   | 11.72%            | 2028-12-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| Ready Capital Corporation                                 | Senior Unsecured Note             | CUSIP: 75574UAD3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3368750.00   | 8.26%             | 2027-07-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| Great Elm Capital Corp.                                   | Senior Unsecured Note             | CUSIP: 390320869<br>LEI: N/A | Long             | DBT              | CORP              | US        |     82000 | PA      | $2058200.00   | 5.04%             | 2030-12-31      | Fixed         | 0.08%                 | No            |                  1 | On Loan: No      |
| Sachem Capital Corp.                                      | Senior Unsecured Note             | CUSIP: 78590A604<br>LEI: N/A | Long             | DBT              | CORP              | US        |     32796 | PA      | $793991.16    | 1.95%             | 2026-12-30      | Fixed         | 0.06%                 | No            |                  1 | On Loan: No      |
| Oxford Lane Capital Corp.                                 | Senior Unsecured Note             | CUSIP: 691543854<br>LEI: N/A | Long             | DBT              | CORP              | US        |     15208 | PA      | $382481.20    | 0.94%             | 2032-02-29      | Fixed         | 0.08%                 | No            |                  1 | On Loan: No      |
| Ready Capital Corporation                                 | Senior Unsecured Note             | CUSIP: 75574U838<br>LEI: N/A | Long             | DBT              | CORP              | US        |     15165 | PA      | $362291.85    | 0.89%             | 2029-12-15      | Fixed         | 0.09%                 | No            |                  1 | On Loan: No      |
| Sachem Capital Corp.                                      | Senior Unsecured Note             | CUSIP: 78590A703<br>LEI: N/A | Long             | DBT              | CORP              | US        |     12824 | PA      | $293669.60    | 0.72%             | 2027-03-30      | Fixed         | 0.06%                 | No            |                  1 | On Loan: No      |
| Broadmark Realty Capital Inc.                             | Senior Unsecured Note             | CUSIP: 11135BAA8<br>LEI: N/A | Long             | DBT              | CORP              | US        |    299000 | PA      | $286292.50    | 0.70%             | 2026-11-15      | Fixed         | 0.05%                 | Yes           |                  2 | On Loan: No      |
| Sachem Capital Corp.                                      | Senior Unsecured Note             | CUSIP: 78590A802<br>LEI: N/A | Long             | DBT              | CORP              | US        |      7029 | PA      | $163775.70    | 0.40%             | 2027-06-30      | Fixed         | 0.07%                 | No            |                  1 | On Loan: No      |
| Ready Capital Corporation                                 | Senior Unsecured Note             | CUSIP: 75574U606<br>LEI: N/A | Long             | DBT              | CORP              | US        |      5565 | PA      | $138846.75    | 0.34%             | 2026-02-15      | Fixed         | 0.06%                 | No            |                  1 | On Loan: No      |
| Franklin BSP Realty Trust, Inc.                           | Common Stock                      | CUSIP: 35243J101<br>LEI: N/A | Long             | EC               | CORP              | US        |     23259 | PA      | $252592.74    | 0.62%             | 2050-01-01      | Floating      | 0.00%                 | No            |                  1 | On Loan: No      |
| Oxford Lane Capital Corp.                                 | Senior Unsecured Note             | CUSIP: 691543706<br>LEI: N/A | Long             | DBT              | CORP              | US        |      5462 | PA      | $129940.98    | 0.32%             | 2031-03-31      | Fixed         | 0.07%                 | No            |                  1 | On Loan: No      |
| Sachem Capital Corp.                                      | Senior Unsecured Note             | CUSIP: 78590A877<br>LEI: N/A | Long             | DBT              | CORP              | US        |      2815 | PA      | $65448.75     | 0.16%             | 2027-09-30      | Fixed         | 0.08%                 | No            |                  1 | On Loan: No      |
| Oxford Lane Capital Corp.                                 | Senior Unsecured Note             | CUSIP: 691543862<br>LEI: N/A | Long             | DBT              | CORP              | US        |      2451 | PA      | $62990.70     | 0.15%             | 2030-06-30      | Fixed         | 0.09%                 | No            |                  1 | On Loan: No      |
| BSD Capital Inc.                                          | Senior Unsecured Note             | CUSIP: 05603CAA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |     68000 | PA      | $61506.00     | 0.15%             | 2027-10-31      | Floating      | 0.07%                 | Yes           |                  3 | On Loan: No      |
| Ready Capital Corporation                                 | Senior Unsecured Note             | CUSIP: 75574U408<br>LEI: N/A | Long             | DBT              | CORP              | US        |      1105 | PA      | $27260.35     | 0.07%             | 2026-07-30      | Fixed         | 0.06%                 | No            |                  1 | On Loan: No      |
| Adamas Trust, Inc.                                        | Senior Unsecured Note             | CUSIP: 649604824<br>LEI: N/A | Long             | DBT              | CORP              | US        |       338 | PA      | $8443.24      | 0.02%             | 2030-04-01      | Fixed         | 0.09%                 | No            |                  1 | On Loan: No      |
| Horizon Technology Finance Corporation                    | Common Stock                      | CUSIP: 44045A102<br>LEI: N/A | Long             | EC               | CORP              | US        |      9245 | PA      | $56394.50     | 0.14%             | 2050-01-01      | Floating      | 0.00%                 | No            |                  1 | On Loan: No      |
| XAI Octagon Floating Rate Alternative Income Trust        | Common Stock                      | CUSIP: 98400T106<br>LEI: N/A | Long             | EC               | CORP              | US        |      2679 | PA      | $14198.70     | 0.03%             | 2050-01-01      | Floating      | 0.00%                 | No            |                  1 | On Loan: No      |
| Horizon Technology Finance Corporation                    | Convertible Senior Unsecured Note | CUSIP: N/A<br>LEI: N/A       | Long             | DBT              | CORP              | US        |   4056000 | PA      | $3855430.80   | 9.45%             | 2030-09-04      | Fixed         | 0.06%                 | Yes           |                  3 | On Loan: No      |
| Rithm Capital Corp.                                       | Preferred Stock                   | CUSIP: 64828T805<br>LEI: N/A | Long             | EP               | CORP              | US        |     21631 | PA      | $537746.66    | 1.32%             | 2050-01-01      | Fixed         | 0.09%                 | No            |                  1 | On Loan: No      |
| Adamas Trust, Inc.                                        | Preferred Stock                   | CUSIP: 649604865<br>LEI: N/A | Long             | EP               | CORP              | US        |     10438 | PA      | $237464.50    | 0.58%             | 2050-01-01      | Fixed         | 0.07%                 | No            |                  1 | On Loan: No      |
| Healthcare Trust, Inc.                                    | Preferred Stock                   | CUSIP: 42226B303<br>LEI: N/A | Long             | EP               | CORP              | US        |      9138 | PA      | $169053.00    | 0.41%             | 2050-01-01      | Fixed         | 0.07%                 | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** EP Private Capital Fund I

**Signature:** Thomas P. Majewski

**Name of Signer:** Thomas P. Majewski

**Title:** Chief Executive Officer