First Eagle Alternative Credit

An experienced alternative credit manager with expertise in direct lending and tradable credit strategies

Learn About Alternative Credit

First Eagle Alternative Credit

An experienced alternative credit manager with expertise in direct lending and tradable credit strategies

Learn About Alternative Credit

FEAC at a Glance

As of DEC 31, 2024

$17B
in assets across direct lending and tradable credit platforms1
50+
investment professionals primarily focused on credit markets
$10B+
in capital deployed since 2017
Top
30
CLO manager based on size2
Learn More About Us
  1. 1

    Represents the aggregate assets under management of First Eagle Alternative Credit, LLC as of December 31, 2024. Amounts shown consist of invested capital, outstanding committed capital and any proceeds thereof. Not a guarantee of future AUM, platform size, or composition.

  2. 2

    Source: Intex as of January 2, 2025 and includes the cumulative current CLO sized of all US CLOs modeled by Intex. CLOs included are from 2012-present. FEAC pays Intex a fee for the use of their data and aggregates the Intex data based on CLO size per reported manager for this analysis. Past performance is not indicative of future performance.

Our Businesses

Direct Lending

  • Provider of flexible financing solutions to the US middle market through privately originated senior secured loans
  • Significant institutional expertise and brand recognition among private equity sponsors from over a decade of investing in direct lending strategies
  • Investment strategy relies on a proactive approach to transaction deal sourcing, robust due diligence process, underwriting expertise supported by strong industry knowledge, and ongoing active portfolio management

Tradable Credit

  • With approximately $12 billion in AUM, our Tradable Credit strategy is a research-driven approach to credit investing combined with proactive trading
  • Invest in the non-investment grade credit market, particularly in secured bank loans, structured credit and high-yield securities 
  • Investment philosophy is executed across two main strategies: collateralized loan obligations (CLOs) and total return

Contact Us

  1. Check the background of FEF Distributors, LLC (Member SIPC) on FINRA's BrokerCheck.

    Form Customer Relationship Summary ("FORM CRS") can be accessed by clicking on this link FORM CRS