Exhibit 21.1

List of Subsidiaries of PIMCO Asset-Based Lending Company LLC (as of March 5, 2026)

 

Name of Subsidiary		Jurisdiction of Incorporation or Organization
PALCO Holding A LLC		Delaware
PALCO Holding B LLC		Delaware
PALCO Holding A Offshore LP		Cayman Islands
PALCO Holding A Offshore Ltd.		Cayman Islands
PALCO Holdings 1 LP		Delaware
PALCO Holdings 2 LP		Delaware
PALCO Holdings 3 LP		Delaware
PALCO Holdings 4 LP		Delaware
PALCO Holdings 5 LP		Delaware
PALCO Strategies LP		Delaware
PALCO Liquid Strategies LP		Delaware
PALCO LVS 1 LP		Delaware
PALCO LVS 2 LP		Delaware
PALCO LVS 3 LP		Delaware
PALCO LVS 4 LP		Delaware
PALCO LVS 5 LP		Delaware
PALCO LVS 6 LP		Delaware
PALCO LVS 7 LP		Delaware
PALCO LVS 8 LP		Delaware
PALCO LVS 9 LP		Delaware
PALCO LVS 10 LP		Delaware
PALCO LVS 11 LP		Delaware
PALCO LVS 12 LP		Delaware
PALCO LVS 13 LP		Delaware
PALCO LVS 14 LP		Delaware
PALCO LVS 15 LP		Delaware
PALCO LVS 16 LP		Delaware
PALCO LVS 17 LP		Delaware
PALCO LVS 18 LP		Delaware
PALCO LVS 19 LP		Delaware
PALCO LVS 20 LP		Delaware
PALCO LVS 21 LP		Delaware
PALCO LVS 23 LP		Delaware
PALCO LVS 24 LP		Delaware
PALCO LVS 25 LP		Delaware
PALCO LVS 26 LP		Delaware
PALCO LVS 27 LP		Delaware
PALCO LVS 29 LP		Delaware
PALCO LVS 30 LP		Delaware
PALCO LVS 4 GP LLC		Delaware
PALCO LVS 5 GP LLC		Delaware
PALCO LVS 6 GP LLC		Delaware
PALCO LVS 7 GP LLC		Delaware
PALCO LVS 9 GP LLC		Delaware
PAL RL Holdings Trust 1		New York
PAL RL REI 1 LLC		Delaware
PAL RL REI 2 LLC		Delaware
PAL RL Grantor Trust 1		New York
PAL RL Grantor Trust 2		New York
PAL RL Title Trust 1		New York
PAL RL Title Trust 2		New York
PAL CL Trust 1		New York

PAL CL Trust 2		New York
Loan Funding Structure VIII LLC		Delaware
PAL Offshore 1 LTD		Cayman Islands
PAL Residential Funding 1 Securities Holding LLC		Delaware
PAL Residential Funding 1 Depositor LLC		Delaware
PALCO LRA GP LLC		Delaware
Phantom Long Ridge Offshore GP Ltd.		Cayman Islands