First Eagle Alternative Credit, LLC is an SEC-registered investment adviser based in Boston, MA that reports managing 4 hedge funds on Form ADV. It reports $12.6 billion in regulatory assets under management. Its private funds, of all types, hold $10.4 billion in gross assets.
- Regulatory assets under management
- $12.6 billionForm ADV Item 5.F
- Gross assets of private funds
- $10.4 billionAll private fund types, Form ADV
- Hedge funds managed
- 470 private funds in total
- Employees
- 79Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 150900
- Latest Form ADV
- 06/30/2026Disciplinary disclosures: none reported
Private investment funds filing Form D (6)
Fund
First sale
Raised
Investors
Minimum
Offering
First Eagle Bank Loan Select Fund (Offshore)
Boston, MA
First saleSep 2009
Raised$445M
Investors40
Minimum$500K
Offering506(b)
FEPCF Founders Fund, L.P.
Boston, MA
First saleJun 2023
Raised$203M
Investors4
MinimumNone set
Offering506(b)
First Eagle Direct Lending VI-B (Blocked), LP
Boston, MA
First saleMay 2025
Raised$150M
Investors1
MinimumNone set
Offering506(b)
First Eagle Senior Debt Fund LP
Boston, MA
First saleOct 2025
Raised$100M
Investors1
MinimumNone set
Offering506(b)
First Eagle Direct Lending VI-ABL, LLC
Boston, MAEmerging
First saleMay 2025
Raised$23.7M
Investors3
MinimumNone set
Offering506(b)
First Eagle Direct Lending VI-B, LLC
Boston, MAEmerging
First saleMay 2025
Raised$10.0M
Investors3
MinimumNone set
Offering506(b)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (67)
Fund
Gross assets
Minimum
Owners
Adviser
Wind River 2016-2 CLO LTD
Cayman IslandsSecuritized asset fund
Gross assets$616M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2017-1 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$579M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2017-3 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$578M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2015-1 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$574M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2018-2 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$569M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2019-3 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$566M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2014-1 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$511M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Direct Lending V-B, LLC
Delaware, United StatesHedge fund
Gross assets$505M
Minimum$5.0M
Owners15
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2023-1 CLO LTD
Cayman IslandsSecuritized asset fund
Gross assets$491M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2018-3 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$484M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2021-3 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$482M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2019-2 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$482M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2014-2 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$482M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2021-4 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$480M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2021-1 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$480M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2019-1 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$476M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Lake Shore Mm CLO IV LLC
Delaware, United StatesSecuritized asset fund
Gross assets$475M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2018-1 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$463M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2017-4 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$451M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2020-1 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$390M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2022-1 CLO LTD
Cayman IslandsSecuritized asset fund
Gross assets$387M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2021-2 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$386M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2022-2 CLO LTD
Cayman IslandsSecuritized asset fund
Gross assets$384M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Bsl CLO 2019-1 LTD.
Cayman IslandsSecuritized asset fund
Gross assets$381M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2014-3 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$370M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Lake Shore Mm CLO I, LTD.
Cayman IslandsSecuritized asset fund
Gross assets$370M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2014-3k CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$366M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2013-2 CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$365M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Lake Shore Mm CLO V, LLC
Delaware, United StatesSecuritized asset fund
Gross assets$363M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2016-1k CLO LTD.
Cayman IslandsSecuritized asset fund
Gross assets$332M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Newstar Fairfield Fund CLO, LTD
Cayman IslandsSecuritized asset fund
Gross assets$314M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Direct Lending Fund IV, LLC
Delaware, United StatesPrivate fund
Gross assets$312M
Minimum$5.0M
Owners26
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Bank Loan Select Master Fund
Cayman IslandsPrivate fund
Gross assets$309M
Minimum$100K
Owners28
AdviserFirst Eagle Alternative Credit, LLC
LJV I Mm CLO LLC
Delaware, United StatesSecuritized asset fund
Gross assets$280M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Lake Shore Mm CLO II LTD
Cayman IslandsSecuritized asset fund
Gross assets$280M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Newstar Arlington Senior Loan Program LLC
Delaware, United StatesSecuritized asset fund
Gross assets$253M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River 2013-1 CLO, LTD.
Cayman IslandsSecuritized asset fund
Gross assets$242M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Direct Lending Levered Fund IV, LLC
Delaware, United StatesHedge fund
Gross assets$203M
Minimum$5.0M
Owners12
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Commercial Loan Funding 2016-1 LLC
Delaware, United StatesSecuritized asset fund
Gross assets$190M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Direct Lending V-A, LLC
Delaware, United StatesPrivate fund
Gross assets$184M
Minimum$5.0M
Owners16
AdviserFirst Eagle Alternative Credit, LLC
Cutwater 2015-I, LTD.
Cayman IslandsSecuritized asset fund
Gross assets$167M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Fepcf Founders Fund, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$152M
MinimumNone set
Owners4
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Pei Fund (Blocked), LP
Delaware, United StatesPrivate fund
Gross assets$104M
MinimumNone set
Owners2
AdviserFirst Eagle Alternative Credit, LLC
South Shore VI LLC
Delaware, United StatesSecuritized asset fund
Gross assets$95.4M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Longfellow Place CLO, LTD
Cayman IslandsSecuritized asset fund
Gross assets$80.1M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
South Shore VII, LTD.
Cayman IslandsSecuritized asset fund
Gross assets$76.2M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Direct Lending V-C Scsp
LuxembourgPrivate fund
Gross assets$72.0M
Minimum$5.0M
Owners4
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Direct Lending Fund III, LLC
Delaware, United StatesPrivate fund
Gross assets$52.6M
Minimum$500K
Owners25
AdviserFirst Eagle Alternative Credit, LLC
Bighorn VIII, LTD.
Cayman IslandsSecuritized asset fund
Gross assets$48.1M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Clarendon Fund CLO LLC
Delaware, United StatesSecuritized asset fund
Gross assets$26.4M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Direct Lending Fund III (A), LLC
Delaware, United StatesPrivate fund
Gross assets$20.4M
Minimum$9.0M
Owners7
AdviserFirst Eagle Alternative Credit, LLC
Newstar Exeter Fund CLO LLC
Delaware, United StatesSecuritized asset fund
Gross assets$16.8M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Alternative Credit Funding, LLC
Delaware, United StatesHedge fund
Gross assets$16.4M
MinimumNone set
Owners5
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Diversified Credit Fund-A, LLC
Delaware, United StatesPrivate fund
Gross assets$15.5M
Minimum$5.0M
Owners2
AdviserFirst Eagle Alternative Credit, LLC
Cutwater 2014-I, LTD.
Cayman IslandsSecuritized asset fund
Gross assets$15.3M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Berkeley Fund CLO LLC
Delaware, United StatesSecuritized asset fund
Gross assets$13.2M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Dl Fund I Aggregator LLC
Delaware, United StatesPrivate fund
Gross assets$13.1M
Minimum$25K
Owners41
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Leadership, LLC
Delaware, United StatesPrivate equity fund
Gross assets$12.8M
MinimumNone set
Owners51
AdviserFirst Eagle Alternative Credit, LLC
Hull Street CLO, LTD
Cayman IslandsSecuritized asset fund
Gross assets$11.9M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Newstar Commercial Loan Funding 2017-1 LLC
Delaware, United StatesSecuritized asset fund
Gross assets$11.2M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle CLO Equity Fund I, LP
Delaware, United StatesPrivate fund
Gross assets$10.2M
Minimum$5.0M
Owners13
AdviserFirst Eagle Alternative Credit, LLC
KVK CLO 2013-1 LTD.
Cayman IslandsSecuritized asset fund
Gross assets$9.5M
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Loan Opportunity Master Fund
Cayman IslandsPrivate fund
Gross assets$8.9M
MinimumNone set
Owners54
AdviserFirst Eagle Alternative Credit, LLC
Wind River CLO I LTD.
Cayman IslandsSecuritized asset fund
Gross assets$226K
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Wind River CLO II - Tate Investors, LTD.
Cayman IslandsSecuritized asset fund
Gross assets$220K
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Gannett Peak CLO I, LTD.
Cayman IslandsSecuritized asset fund
Gross assets$196K
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
Staniford Street CLO, LTD
Cayman IslandsSecuritized asset fund
Gross assets$0
Minimum$250K
Owners1
AdviserFirst Eagle Alternative Credit, LLC
As reported in the adviser's Form ADV filed Jun 28, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (3)
Fund
Gross assets
Minimum
Owners
Adviser
First Eagle Dl IV Co-Invest, LLC
Delaware, United StatesPrivate fund
Gross assets$25.4M
Minimum$5.0M
Owners9
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Direct Lending Co-Invest III (E), LLC
Delaware, United StatesPrivate fund
Gross assets$3.7M
MinimumNone set
Owners2
AdviserFirst Eagle Alternative Credit, LLC
First Eagle Direct Lending Co-Invest III, LLC
Delaware, United StatesPrivate fund
Gross assets$2.3M
MinimumNone set
Owners3
AdviserFirst Eagle Alternative Credit, LLC
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures