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First Eagle Alternative Credit, LLC

● SEC registered since 2010CRD 150900SEC# 801-71201Boston, MA
Export (members)
Ranks #744 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$12.56B
Fund GAV
$10.35B
Private funds
70
Employees
79
Accounts
81
Location
Boston, MA

First Eagle Alternative Credit, LLC assets under management

First Eagle Alternative Credit, LLC is an SEC-registered investment adviser based in Boston, MA. The firm has been registered since 2010. It reports $12.6 billion in regulatory assets under management and employs 79 people. First Eagle Alternative Credit, LLC manages 70 private funds with combined gross assets of $10.4 billion, including Wind River 2017-3 CLO Ltd. By regulatory assets, it ranks 744 of 6,004 private fund managers.

First Eagle Alternative Credit, LLC private funds

70 funds · $10.35B GAV
FundTypeGross assetsMin.
Wind River 2017-3 CLO Ltd.Securitized Asset$573.1M$250K
Wind River 2017-1 CLO Ltd.Securitized Asset$572.7M$250K
Wind River 2023-1 CLO Ltd.Securitized Asset$492.3M$250K
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First Eagle Alternative Credit, LLC owners & executives

18 reported
NameTitleOwnershipSince
David Paul O'Connor ControlHead Of Legal And Compliance & Chief Legal OfficerUnder 5%2020
First Eagle Investment Management, LLC ControlSole And Managing MemberOver 75%2020
Mehdi Asif Mahmud ControlChief Executive OfficerUnder 5%2020
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Frequently asked questions

How much does First Eagle Alternative Credit, LLC manage?

First Eagle Alternative Credit, LLC reports $12.6 billion in regulatory assets under management on its Form ADV.

How many private funds does First Eagle Alternative Credit, LLC manage?

First Eagle Alternative Credit, LLC manages 70 private funds with combined gross assets of $10.4 billion.

How many employees does First Eagle Alternative Credit, LLC have?

First Eagle Alternative Credit, LLC reports 79 employees.

Where is First Eagle Alternative Credit, LLC located?

First Eagle Alternative Credit, LLC is based in Boston, MA and has been SEC-registered since 2010.

Does First Eagle Alternative Credit, LLC disclose fund performance?

First Eagle Alternative Credit, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address500 Boylston Street, Suite 1250, Boston, MA 02116
Phone617-848-2577
Office hours9 a.m. - 5p.m.
SEC regionBoston Regional Office (BRO)
CIK1491455
Umbrella registrationYes
Discloses disciplinary historyNo

Regulatory AUM

$12.56B▼ 37%
Jan '25 — $19.94BFeb '25 — $19.94BMar '25 — $16.82BApr '25 — $16.82BMay '25 — $16.82BJun '25 — $16.82BJul '25 — $16.82BAug '25 — $16.82BSep '25 — $16.82BOct '25 — $16.82BNov '25 — $16.82BDec '25 — $16.82BJan '26 — $16.82BFeb '26 — $16.82BMar '26 — $12.56BApr '26 — $12.56BMay '26 — $12.56BJun '26 — $12.56B
Jan '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 7%
Larger than 93% of 16,271 advisers
AUM vs fund managersTop 12%
Larger than 88% of 6,004 private-fund managers
Number of fundsTop 2%
More funds than 98% of fund managers
EmployeesTop 8%
More than 92% of 16,825 advisers

Assets under management

$12.56Bregulatory AUM
Discretionary $12.56BNon-discretionary $3.1M

Fund type mix

Securitized Asset46
Other Private18
Hedge4
Private Equity2

Service providers