Nauman S. Malik
About Nauman S. Malik
Nauman S. Malik, age 44, is Chief Compliance Officer (CCO) of Eagle Point Income Company Inc. (EIC) and has served in this role since inception; he is also Senior Principal and General Counsel of the Adviser (Eagle Point Income Management LLC), Eagle Point Credit Management LLC, Eagle Point Enhanced Income Management LLC, and Eagle Point Defensive Income Management LLC. He previously served as CCO of the Adviser (Oct 2018–Mar 2020), CCO of Eagle Point Credit Management LLC (Sep 2015–Mar 2020), and CCO of Marble Point Credit Management LLC (Aug 2016–Dec 2020). He was a corporate attorney at Dechert LLP and general counsel to Monsoon Capital LLC. Mr. Malik holds a J.D. from Georgetown University Law Center and a B.S. in finance from the Wharton School of the University of Pennsylvania .
EIC discloses that officers are not directly compensated by the Company and does not present individual executive performance metrics; therefore, company-level TSR/revenue/EBITDA performance linkages to his compensation are not disclosed .
Past Roles
| Organization | Role | Years | Strategic scope/notes |
|---|---|---|---|
| Eagle Point Credit Management LLC | Chief Compliance Officer | Sep 2015 – Mar 2020 | Compliance leadership for adviser affiliate |
| Eagle Point Income Management LLC (Adviser) | Chief Compliance Officer | Oct 2018 – Mar 2020 | Adviser CCO (ended Mar 2020) |
| Marble Point Credit Management LLC | Chief Compliance Officer | Aug 2016 – Dec 2020 | CCO at affiliate manager |
| Dechert LLP | Corporate attorney | Prior to EPCM | Legal practice (corporate) |
| Monsoon Capital LLC | General Counsel | Prior to EPCM | GC to investment adviser |
External Roles
| Organization | Role |
|---|---|
| Eagle Point Credit Company Inc. | Chief Compliance Officer |
| Eagle Point Institutional Income Fund | Chief Compliance Officer |
| Eagle Point Enhanced Income Trust | Chief Compliance Officer |
| Eagle Point Defensive Income Trust | Chief Compliance Officer |
| Eagle Point Income Management LLC; Eagle Point Credit Management LLC; Eagle Point Enhanced Income Management LLC; Eagle Point Defensive Income Management LLC | Senior Principal and General Counsel |
Fixed Compensation
- EIC disclosures: “Currently none of the Company’s officers is directly compensated by the Company.” Officer costs are borne through the Administration Agreement as an allocable portion of the Administrator’s overhead (including fees/expenses associated with compliance functions and allocable portions of the CFO/COO/CCO compensation) .
- As a result, base salary/bonus/equity award details for Mr. Malik are not disclosed at the company level in the proxy .
Company-level fees that indirectly fund officer support:
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| Management fee rate (on Managed Assets) | 1.25% | 1.25% |
| Management fees ($mm) | ~$2.30 | ~$4.45 |
| Administration fees/expenses ($mm) | ~$0.40 | ~$0.65 |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed for officers (officers not directly compensated by EIC) | — | — | — | — | — |
The proxy contains no officer-level incentive plan metrics, targets, or payouts for EIC officers .
Equity Ownership & Alignment
Beneficial ownership (company common stock) and context:
| Record Date | Shares Outstanding (Common) | Mr. Malik Shares | Ownership % |
|---|---|---|---|
| Mar 28, 2024 | 12,958,326 | 1,250 | <1.0% (as denoted by “*”) |
| Mar 31, 2025 | 25,409,702 | 1,250 | <1.0% (as denoted by “*”) |
- Executive ownership guidelines, pledging/hedging, options/RSUs, vested vs. unvested breakdown: not disclosed in the proxy for officers .
- Officers are “interested persons” due to affiliations with the Adviser and its affiliates .
Employment Terms
- Office and tenure: Officers hold office at the pleasure of the Board and until successors are chosen or earlier resignation/removal .
- Compensation source: Officers are not directly compensated by EIC; officer-related costs flow through the Administrator under the Administration Agreement (allocable overhead including compliance function costs and allocable portions of CFO/COO/CCO compensation) .
- Severance, change-of-control, non-compete, non-solicit, garden leave, post-termination consulting: no officer-specific terms disclosed in the proxy .
Related Party Transactions (context for incentives and alignment)
- Adviser and advisory agreement: The Adviser manages investments; fee equals 1.25% of Managed Assets, calculated monthly and paid quarterly; ~$4.45mm management fees in FY 2024 (vs. ~$2.30mm FY 2023) .
- Administrator and administration agreement: EIC pays its allocable share of Administrator overhead, including fees/expenses for compliance functions and allocable share of CFO/COO/CCO compensation; ~$0.65mm (FY 2024) vs. ~$0.40mm (FY 2023) .
- Ownership and governance of Adviser: Primarily owned by Stone Point’s Trident Funds via intermediaries; an affiliate of Enstar Group Limited indirectly owns a portion; senior investment team members also hold indirect interests; governed by a Board of Managers including Mr. Majewski and certain Stone Point principals .
Performance & Track Record (role-specific)
- Mr. Malik’s role is compliance and legal (CCO/GC) across the Eagle Point complex; the proxy does not disclose officer-level performance metrics or TSR/revenue/EBITDA linkages to his compensation at EIC .
- Education and career credentials: J.D. (Georgetown), B.S. Finance (Wharton); prior roles at Dechert LLP and Monsoon Capital LLC .
Investment Implications
- Pay-for-performance alignment: Company-level disclosures indicate no direct EIC compensation for officers and no disclosed incentive metrics for Mr. Malik; his compensation appears to flow via the Administrator’s overhead and the Adviser relationship, which is tied to Managed Assets (1.25% fee), not Company TSR—suggesting limited direct “officer pay vs. Company performance” alignment at EIC .
- Insider selling/vesting pressure: Beneficial ownership has been disclosed at 1,250 shares with <1% ownership; no officer option/RSU or pledging disclosures were found—implying limited visible selling pressure from time-based or performance vesting at the company level .
- Retention risk: Officers serve at the pleasure of the Board and hold multiple roles across the Eagle Point complex; compensation is administered via the Administrator/Adviser framework—this structure can support continuity but specific retention protections (severance/COC) for Mr. Malik are not disclosed .
- Governance/related party lens: The externally managed model (Adviser/Administrator) and fee constructs (AUM-based advisory fee and allocable admin costs) are standard for closed-end funds but shift alignment analysis from officer-level incentives to Adviser-level economics; investors should monitor fee trends and Adviser governance rather than expecting officer-level pay disclosures at EIC .