OUR ADVISER

The Fund’s investment adviser is Eagle Point Enhanced Income Management LLC (the “Adviser”). The Adviser is affiliated with Eagle Point Credit Management LLC (collectively with the Adviser and certain other affiliates, “Eagle Point”). Eagle Point is a specialist asset manager focused on income-oriented credit investments in niche and inefficient markets.

Eagle Point was established in 2012 and has over $12 billion of total assets under management.* The vast majority of Eagle Point’s assets under management is comprised of institutional investors and prior to launching the Fund, Eagle Point has been investing in the Fund’s target asset classes through private funds.

Eagle Point and its affiliates have over $200 million invested in strategies managed by Eagle Point.

For more information about Eagle Point, please click here.

*As of December 31, 2024, AUM represents gross AUM, inclusive of committed but undrawn capital, managed by Eagle Point Credit Management LLC and certain of its affiliates.

INVESTMENT APPROACH

The Fund is designed to invest across Eagle Point’s core competencies. The investment process centers around a flexible, opportunistic approach to uncovering value in credit with a focus on thorough bottom-up underwriting and strong structural seniority.

In collaboration with the Investment Team, Thomas Majewski, Managing Partner and Lead Portfolio Manager, determines the asset allocation and is responsible for day-to-day portfolio management and monitoring as it relates to return and risk considerations for the Fund. From an investment standpoint, our PDS, Strategic Credit, and CLO Teams each have mandates to source and analyze investments in their respective markets. An assessment of relative value is a key part of the investment process, providing a means of evaluating opportunities under consideration against other opportunities that compete for capital.

The Fund can co-invest on a concurrent basis with other funds and accounts managed by Eagle Point. 

The Fund seeks to deliver attractive risk-adjusted returns versus other credit alternatives.

Credit Efficient Frontier

Source: Bloomberg, JPMorgan, Eagle Point as of September 30, 2024. Reflects Eagle Point’s current views based on historical information and Eagle Point’s knowledge and discussion with market participants. Eagle Point’s views are subject to change without notice.
Past performance is not a guarantee of, or indicative of, future results and, as such future performance.

Through different investment structures, the Fund provides exposure to a diversified portfolio of underlying asset classes and issuer sponsors.

DIVERSIFICATION OF UNDERLYING ASSET CLASSES AND ISSUER SPONSORS

The illustrative investments and sponsors shown may not reflect a meaningful part of our investments and have been selected to provide context regarding the general types of investments and sponsors the Fund is exposed to. Most of the investments and sponsors are not as recognizable to the public as those shown.

Reflects Eagle Point’s current views based on historical information and Eagle Point’s knowledge and discussion with market participants. Eagle Point’s opinions are subject to change without notice.

COMPETITIVE ADVANTAGES

Proactive Investment Sourcing

Eagle Point creates investment opportunities through deep industry relationships. Such relationships date back to the inception of Eagle Point in many cases. Due to our deep relationships, in our view, we benefit from wholesale economics compared to other investors in the same asset class or security. As a result of Eagle Point’s stable capital base, we believe we are viewed as a reliable, steady partner in the various asset classes in which we invest. We have created origination strategies and channels that either disintermediate banks, or work with banks to provide a more efficient capital solution.

Deep Structuring Expertise

Eagle Point leads the investment structuring process by hiring experienced professionals in each asset class and empowering them to influence terms. We seek to maximize documentation flexibility and we strive for continuous innovation with respect to transaction structuring. Eagle Point’s advanced modeling techniques allow the firm to analyze performance scenarios and structural features of each transaction and evaluate risks.

Proactive Portfolio Management

Eagle Point leverages its analytical and monitoring systems to provide investment and risk teams with critical information. Investment teams are responsible for position level monitoring and re-underwriting reviewed during weekly meetings. In some cases, Eagle Point has the ability to exercise protective rights to take a hands-on, private equity style approach for certain assets.

Efficient vehicle for gaining exposure to niche credit assets

Investors in the Fund benefit from efficiencies created by the scale of the Adviser’s investment management and administration platform, including co-investments across other funds and accounts managed by Eagle Point, giving the Fund enhanced negotiating leverage with counterparties and greater diversification than would otherwise be possible.

Institutional investment management and administration platform with other assets under management.

We believe that we are structured as an efficient vehicle for investors to gain exposure to the Fund’s strategies, which typically have historically only been available to institutional investors. We believe our interval fund structure enables the Adviser to invest seamlessly for a long-term investment horizon with periodic liquidity options. The Adviser can focus principally on maximizing long-term risk-adjusted returns for the benefit of shareholders.

EAGLE POINT TEAM

THOMAS P. MAJEWSKI

MANAGING PARTNER AND LEAD PORTFOLIO MANAGER

Mr. Majewski is responsible for overseeing all of Eagle Point’s investment offerings. He has been involved in the formation and/or monetization of many CLO transactions across multiple market cycles. Mr. Majewski led the creation of some of the earliest refinancing CLOs, introducing techniques that are now commonplace in the market. Mr. Majewski’s experience in the CLO market dates back to the 1990s. He has spent his entire career in the structured finance and credit markets. Mr. Majewski is a member of the Adviser’s Board of Managers and the Adviser’s investment committee.

DANIEL W. KO

SENIOR PRINCIPAL

Mr. Ko is responsible for manager evaluation and structuring investment opportunities in the primary CLO market, analyzing secondary CLO market opportunities, executing trades and monitoring investments. Mr. Ko has specialized in structured finance throughout his entire career.

DANIEL M. SPINNER, CAIA

SENIOR PRINCIPAL

Mr. Spinner is primarily responsible for overseeing the manager evaluation and due diligence process, monitoring investments, and evaluating potential financing opportunities. Mr. Spinner is also actively involved in investor relations and communications. Mr. Spinner is an alternative asset management industry specialist with 20 years of experience advising, financing and investing in alternative asset management firms and funds. Mr. Spinner’s experience in the CLO market dates back to the late 1990s.

Karan Chabba

PRINCIPAL

Mr. Chabba is responsible for sourcing, executing partnerships and lending facilities with banks and non-bank specialty lenders across various asset classes. Throughout his career, Mr. Chabba has focused on securitized transactions.

Nate Morse

PRINCIPAL

Mr. Morse is responsible for structuring, trading, and investing in the primary and secondary corporate investments. Mr. Morse has spent the majority of his career specializing in corporate credit on both the sell-side and buy-side.