First Eagle in the News

First Eagle Alternative Credit & Gordon Brothers Provide Term Loan to Rachel Zoe Creations

BOSTON, December 14, 2023 -- First Eagle Alternative Credit ("FEAC" or “the Firm”), a $21 billion alternative credit platform of First Eagle Investments, today announced that it has agented a term loan to Rachel Zoe Creations, a global fashion and lifestyle brand, in partnership with Gordon Brothers, the global asset experts. Terms of the transaction were not disclosed.

Rachel Zoe is a global fashion authority who rose to prominence as a celebrity wardrobe stylist in the mid-2000s. Zoe starred in the Bravo Reality TV series “The Rachel Zoe Project” and launched her fashion lifestyle brand in 2011.

The eponymous lifestyle brand will use the new term loan to support ongoing working capital needs and fuel further growth. With this financing, Rachel Zoe Creations will continue developing and growing the company’s licensing portfolio through new and existing partnerships.

“We are excited to partner with the Rachel Zoe Creations management team and provide the business with capital to support their continued growth,” said Larry Klaff, Senior Managing Director and Head of Asset Based Loans at First Eagle Alternative Credit.

“First Eagle Alternative Credit along with Gordon Brothers worked diligently to find a creative and flexible financing structure,” said Mathew Walker, President of Rachel Zoe Creations. “We look forward to growing this relationship in the years to come.”

“Rachel Zoe has strong brand recognition, intellectual property and licensing relationships to support future growth, and we look forward to being a part of its continued success,” said Tobias Nanda, Head of Brands at Gordon Brothers. “We are always eager to support vibrant consumer brands that transcend categories through our flexible, cross-border financing solutions.”


About First Eagle Alternative Credit, LLC

First Eagle Alternative Credit is an alternative credit manager for both direct lending and broadly syndicated investments with approximately $21 billion in assets under management as of September 30, 2023. First Eagle Alternative Credit maintains a variety of advisory and sub-advisory relationships across its investment platforms and is a wholly owned subsidiary of First Eagle Investments. For more information on First Eagle Alternative Credit, please visit

About Gordon Brothers

Since 1903, Gordon Brothers ( has helped lenders, management teams, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

About Rachel Zoe
Co-CEO and Founder of Racher Zoe Creations, CURATEUR, and Rachel Zoe Ventures.

Rachel Zoe is an influential entrepreneur, creative director, stylist, editor, author, media personality, and mother. After achieving the highest recognition as a globally in-demand stylist, Zoe’s career catapulted to include an eponymous Bravo show, two New York Times bestselling books, the online style destination, The Zoe Report, plus an ever-growing list of philanthropic efforts and brand collaborations. Rachel Zoe Creations launched in 2011 with her first ready-to-wear collection, followed by her expansion into jewelry and accessories in 2012. After 10 years and over 40 seasons, today the Rachel Zoe Collection is licensed across 40+ categories including apparel, home, handbags, luggage, fragrance, eyewear, children’s, and baby. In her role as Chairwoman of Rachel Zoe Ventures, Zoe serves as an active and engaged investor and advisor to an esteemed portfolio of brands. Among her latest endeavors, Zoe launched her second podcast, Climbing in Heels, last fall—as well as her premier shopping membership, CURATEUR, which offers exclusive access to her world of curated style.


Media Contact

Pholida Barclay
First Eagle Investments

Leigh Crosby
First Eagle Alternative Credit