First Eagle Alternative Credit, LLC

RIASEC RegisteredEst. 2010

Total AUM

$12.6B

Discretionary

$12.6B

100% of AUM

Avg account

$155M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Boston, Massachusetts
CRD number: 150900
Registered since: April 21, 2010
Website: www.feac.com
Custodians: THE BANK OF NEW YORK MELLON, THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC, BANK OF AMERICA
Fee structure: Percentage of AUM, Performance Based Fees, Other
Client types: Pooled Investment Vehicles82.39%
Investment Companies6.22%
Other Investment Advisers5.69%
Business Development Companies5.19%
Insurance Companies0.36%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

First Eagle Alternative Credit, LLC is an SEC-registered limited liability company (since 2010) that operates as a multi-strategy fund manager serving institutional clients. The firm is organized to run pooled investment vehicles across several structures—its classification includes hedge fund, private equity fund, securitized asset fund and other fund products—rather than acting as a pure allocator. Its fee model combines asset-based fees with performance-based compensation. The firm also conducts broker‑dealer registered representative activities and is registered as a CPO/CTA, while providing portfolio management services to investment companies, pooled vehicles and institutional or business clients. The firm identifies as an active ESG investor.