Gary Wilder
About Gary Wilder
Gary Wilder (born 1962) is a Class II Independent Director of Pearl Diver Credit Company Inc. (PDCC), serving since May 2024 with his current term subject to stockholder vote to continue through the 2028 annual meeting if re‑elected; he oversees one portfolio within the company complex. Wilder is Executive Chairman and co‑founder of Moor Park Capital Partners (since 2006), former Group CEO of KW Wealth Group (2019–2022), and previously held senior roles at Nomura, Credit Suisse First Boston, and Bankers Trust; he is a Fellow of the Institute of Chartered Accountants in England and Wales and earned a BSc with honors from Bayes Business School, University of London. He qualifies as an Independent Director under NYSE and SEC rules.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Moor Park Capital Partners LLP | Executive Chairman & Co‑founding Partner | 2006–present | Founded and leads private real estate firm |
| KW Wealth Group (KWG) | Group Chief Executive Officer; Executive Chairman of Kingswood US | 2019–2022; Chair role concurrent | Led publicly traded wealth and investment mgmt group; U.S. subsidiary leadership |
| Kingswood Acquisition Corp. (SPAC, Nasdaq) | Executive Chairman & Director | Until Mar 2024 | Oversaw SPAC merger with Binah Capital Group |
| Nomura | Managing Partner; Co‑Head European Funds Group; Head of Real Estate Principal Finance Group | Pre‑2006 (prior to Moor Park) | Member of Nomura’s Global Fixed Income Committee |
| Credit Suisse First Boston | Partner & Managing Director, European Real Estate Investment Banking | 1999–2002 | Led European real estate investment banking business |
| Bankers Trust (now Deutsche Bank) | Managing Director, Real Estate Group | 1992–1999 | Senior leadership in real estate finance |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Kingswood Holdings Limited | Director | 2017–present | Publicly traded; wealth mgmt |
| Kingswood US Holdings, Inc. | Director | 2019–present | U.S. holding company of KWG |
| Kingswood LLP | Director | 2020–2023 | UK entity |
| Kingswood Acquisition Corp. | Director | 2020–2024 | Nasdaq‑listed SPAC merger completed Mar 2024 |
| KW Wealth Group (KWG) | Director | 2021–present | Ongoing board role |
| Moor Park Investors Limited | Director | 2006–present | Related to Moor Park Capital |
| KPI (Nominees) Limited | Director | 2014–present | Corporate services |
| Kingswood Investment Partners Limited | Director | 2014–present | Investment arm |
| 29–31 Eastways Limited | Director | 2024–present | UK entity |
| Multiple Gentleaid entities (7, 8, 16, 23, 24) | Director | 2006–present; 2018–present; 2020–present | UK entities |
| Kingwood MHC Inc.; Kingwood Corporate Finance Limited | Director | 2020–present | Corporate finance |
| KPI Spire (1–5) Limited | Director | 2016–2024 | UK entities |
| Independent International Records Limited | Director | 2016–2021 | UK entity |
| Offline Records Limited | Director | 2016–present | UK entity |
| Marchant McKechnie Independent Financial Advisers Limited | Director | 2019–2021 | UK IFA |
| Gamich LLP | LLP Designated Member | 2006–present | UK LLP membership |
Board Governance
- Board composition: 5 directors; 4 Independent (Everets, Jotwani, Mellish, Wilder) and 1 Interested (Basu, CEO/Chair). Staggered classes (I–III).
- Committee memberships: Wilder is a member of the Audit Committee (Mellish, Chair) and the Governance & Nominating Committee (Jotwani, Chair). Charters available on PDCC website.
- Independence: Wilder meets NYSE and Rule 10A‑3 independence requirements; he is not an “interested person” under the 1940 Act.
- Attendance: In FY 2024, the Board met 5 times; Audit and Governance committees met once each; each director attended at least 75% of the aggregate meetings of the Board and committees on which they served.
- Election mechanics: Class II directors (including Wilder) elected by common and preferred stock voting together as a single class; plurality standard; WITHHOLD votes have no effect.
Fixed Compensation
| Component | FY 2024 | FY 2025 Policy |
|---|---|---|
| Annual Director Retainer (Independent Directors) | $45,548 (Wilder aggregate paid) | $100,000 cash per independent director |
| Audit Committee Chair Fee | N/A | +$10,000 (chair only; Wilder is not chair) |
| Governance & Nominating Chair Fee | N/A | +$5,000 (chair only; Wilder is not chair) |
| Meeting Fees | Not disclosed | Not disclosed |
| Pension/Retirement | None | None |
| D&O Insurance | Company maintains D&O liability insurance | Company maintains D&O liability insurance |
Performance Compensation
| Instrument | Grant Date | Shares/Units | Fair Value | Vesting | Performance Metrics |
|---|---|---|---|---|---|
| RSUs/DSUs | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Stock Options | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| PSUs | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
No equity‑based director compensation is disclosed in the proxy; independent director compensation is described as cash annual fees plus chair premia.
Other Directorships & Interlocks
- Public company roles include Kingswood Holdings Limited (2017–present) and prior Kingswood Acquisition Corp. (2020–2024); KWG is publicly traded.
- No disclosed interlocks with PDCC’s Adviser (Pearl Diver Capital LLP), Administrator (ALPS Fund Services, Inc.), or key service providers; independent directors and immediate family members did not own securities of the Adviser or its control affiliates.
Expertise & Qualifications
- Finance and real estate principal finance expertise from senior roles at Nomura, CSFB, and Bankers Trust; SPAC governance and public markets experience via Kingswood Acquisition Corp.
- Professional credential: Fellow of ICAEW; academic credential: BSc (Hons) from Bayes Business School.
Equity Ownership
| Holder | Dollar Range of PDCC Equity | Notes |
|---|---|---|
| Gary Wilder | None | Beneficial ownership dollar range as of Oct 15, 2025 record date |
| Officers & Directors (aggregate) | <1.0% of common stock outstanding | As a group |
| Shares Outstanding (context) | 6,803,959 common; 1,380,000 preferred | Record date Oct 15, 2025 |
Governance Assessment
- Strengths: Independent status; service on both Audit and Governance committees enhances oversight; industry and capital markets experience relevant to a closed‑end credit company.
- Alignment concerns: Wilder reported no PDCC share ownership as of the record date, which may indicate lower direct economic alignment unless equity ownership increases post‑offering.
- Engagement: Attendance at least 75% meets minimum disclosed threshold; Board and committees met infrequently in inaugural year, consistent with ramp‑up.
- Conflicts: No related‑party holdings in the Adviser by independent directors or immediate family; no specific related‑party transactions tied to Wilder disclosed.
- Election risk/structure: Plurality voting for directors can entrench incumbents absent majority voting; WITHHOLD votes do not impact outcomes.
RED FLAGS: Lack of disclosed director equity ownership for Wilder (“None”); absence of disclosed stock ownership guidelines for directors; plurality voting (WITHHOLD votes without effect).