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 LLC (registered in 2010) that operates as a multi-strategy alternative asset manager focused on institutional clients. The firm functions in several capacities: it manages hedge fund and private equity style vehicles, sponsors securitized asset funds, and serves as an adviser to pooled investment products. It also has business relationships that include registered representative activity with a broker-dealer and CPO/CTA functions. Fee arrangements include percentage-of-AUM and performance-based components. The firm identifies as an active ESG investor and lists affiliations across the financial ecosystem (broker-dealers, banks, insurance companies and sponsor/GP roles).