US-based private credit investment manager Eagle Point Credit Management LLC has become a strategic partner across US-based private credit provider Pasadena Private Lending, Inc's capital structure, with a total capital commitment of USD 105m, the firms said.

This partnership builds on PPL's recent expansion of its senior credit facilities and represents a significant milestone in the firm's continued institutionalization and growth.

Eagle Point's commitment positions PPL to accelerate portfolio expansion while maintaining its disciplined underwriting approach and focus on entrepreneur-owned businesses.

The partnership reflects increasing institutional confidence in PPL's credit model, as more lower- and middle-market companies seek flexible, relationship-driven financing solutions outside traditional banks.

Eagle Point's multi-layer capital approach enables PPL to deploy capital quickly and adaptively, supporting borrowers with speed and certainty while preserving strong risk management.

The partnership strengthens PPL's ability to respond to opportunities "at the touch of a button" as market demand continues to grow.

GreensLedge Capital Markets acted as financial advisor to Pasadena Private Lending in connection with the transaction.

Pasadena Private Lending, Inc. is a Pasadena, California-based private credit firm providing senior secured loans to lower- and middle-market businesses, typically ranging from USD 2m to USD 15m.

PPL serves entrepreneur-owned companies with a relationship-driven approach, combining institutional capital with hands-on execution.

Eagle Point is an investment manager focused on private credit strategies in inefficient markets, including Portfolio Debt Securities, Regulatory Capital Relief transactions, Infrastructure Credit, Strategic Credit investments and CLO securities.

Founded by Thomas Majewski in partnership with Stone Point Capital in 2012, Eagle Point manages over USD 13bn on behalf of institutional and retail investors and has over 120 professionals.