Beach Point Capital Management LP (“Beach Point”) commenced operations on January 1, 2009. Beach Point was founded by, and remains under the control of, its Co-Chief Executive Officers (“CEOs”) / Co- Chairmen, Carl Goldsmith and Scott Klein, through a management buyback of the alternative investment business of Post Advisory Group, LLC (“Post”). Beach Point manages assets within the following strategies: Multi-Asset Credit, High Yield & Senior Loans, Structured Credit, Opportunistic Credit & Distressed, Tactical Investments, Real Estate Credit and Direct Lending which are described more fully in Item 8 below. Beach Point offers investment advisory services to privately-offered limited partnerships, limited liability companies and other investment vehicles (including collateralized loan obligation vehicles (“CLOs”) and private REITs) (the “Funds”) and clients with separately managed accounts (the “Managed Accounts”). Beach Point (or a Beach Point affiliate) serves as the general partner, managing member and/or investment manager of the Funds and as the investment manager of the Managed Accounts. Additionally, Beach Point (or a Beach Point affiliate) acts as collateral manager to securitized asset Funds that are structured as CLOs (each a “Beach Point-Managed CLO”). Beach Point also serves as the investment adviser to Funds with one, or only a limited number of, investors and which are not offered to new investors (“Single Client Funds”). Typically, Single Client Funds are structured as a limited partnership or limited liability company managed by Beach Point as the general partner, managing member and/or investment manager. At times, Funds and Managed Accounts are referred to in this brochure collectively as “Clients” or "accounts." Beach Point generally has discretionary authority to manage the Funds and Managed Accounts, including the authority to determine which investments are bought and sold and the amounts of such investments

that are appropriate for each Client. Any limitation on Beach Point’s authority is described in a Client’s governing documents (e.g., investment management agreement, private placement memorandum, articles of association, or partnership agreement). In connection with Managed Accounts, Clients establish such accounts with Beach Point by depositing funds or securities into accounts maintained by qualified independent custodians and granting Beach Point discretionary investment authority to invest such funds pursuant to each Client's investment objectives and guidelines, as set forth in each Client's investment management agreement and other account documentation, including any written instructions provided by the Client to Beach Point. Funds are managed in accordance with investment objectives and guidelines set forth in the governing documents for each Fund. As of December 31, 2023, Beach Point manages $15.8 billion in assets on a discretionary basis and $0 in assets on a non-discretionary basis. The amount of assets under management reported in this brochure differs from the amount of regulatory assets under management reported in Part 1 of our Form ADV. Part 1 of Form ADV requires an adviser to report assets under management without deducting any outstanding indebtedness or other accrued but unpaid liabilities. Beach Point believes that reporting firm assets under management in our brochure without taking into account any outstanding indebtedness or liabilities may appear to overstate our assets under management. Therefore, in this brochure, Beach Point has decided to take into account certain indebtedness and unpaid liabilities in calculating and reporting our firm assets under management. The result is that the amount of assets under management reported in this brochure is lower than the amount of regulatory assets under management reported in Part 1 of our Form ADV. FORM ADV PART 2A 2024 5