Exhibit 21.1
List of Subsidiaries of PIMCO Asset-Based Lending Company LLC (as of October 7, 2025)
| 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 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 22 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 28 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 Grantor Trust 1 |
New York | |
| PAL RL Title Trust 1 |
New York | |
| PAL RL REI 2 LLC |
Delaware | |
| PAL CL Trust 1 |
New York | |
| Loan Funding Structure VIII LLC |
Delaware |