Investment adviser · CRD 150900

FIRST EAGLE ALTERNATIVE CREDIT, LLC

Investment adviser filing (IA)

BOSTON, MA, United States · Form ADV filed Jun 30, 2026

Regulatory AUM: $12.6B
Client accounts: 81
Employees: 79
Advisory professionals: 42

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	70	$10,350,526,512	82.4%
Investment companies	1	$781,391,338	6.2%
Other investment advisers	Fewer than 5	$715,380,194	5.7%
Business development companies	1	$651,820,000	5.2%
Insurance companies	Fewer than 5	$45,015,756	0.4%
Sovereign wealth & foreign institutions	Fewer than 5	$15,178,270	0.1%
Government entities	Fewer than 5	$3,064,290	0.0%

Filing source

Form ADV 2116692 · Jun 30, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

50+ Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

Browse the first 49 funds across 7 pages.

LJV I MM CLO LLCSecuritized Asset Fund · Last reported Jun 30, 2026$218MGross asset value

Fund administrator U.S. BANK NATIONAL ASSOCIATION CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION CHICAGO, Illinois, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source

Fund ID: 805-8034320678
Reported beneficial owners: 1
Minimum commitment: $250K

Form ADV 2116692 · Jun 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FEPCF FOUNDERS FUND, L.P.Private Equity Fund · Last reported Jun 30, 2026$205MGross asset value

Form D fundraising filings

FEPCF Founders Fund, L.P.

Fund administrator U.S. BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian U.S. BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Related to adviser: No

Marketer FEF DISTRIBUTORS, LLC NEW YORK, New York, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

FEF DISTRIBUTORS, LLC
CRD 46585 · SEC 8-51483

Fund details & source

Fund ID: 805-8713970266
Reported beneficial owners: 4
Minimum commitment: $0
Form D file number: 021-483985

Form ADV 2116692 · Jun 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WIND RIVER 2015-1 CLO LTD.Securitized Asset Fund · Last reported Jun 30, 2026$172MGross asset value

Fund administrator COMPUTERSHARE TRUST COMPANY N.A. COLUMBIA, Maryland, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian WELLS FARGO BANK, N.A. AS TRUSTEE BY COMPUTERSHARE TRUST COMPANY N.A. AS ATTORNEY IN FACT COLUMBIA, Maryland, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WELLS FARGO BANK, N.A. AS TRUSTEE BY COMPUTERSHARE TRUST COMPANY N.A. AS ATTORNEY IN FACT
LEI 2549001YYB62BVMSAO13

Fund details & source

Fund ID: 805-7191349880
Reported beneficial owners: 1
Minimum commitment: $250K

Form ADV 2116692 · Jun 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FIRST EAGLE DIRECT LENDING LEVERED FUND IV, LLCHedge Fund · Last reported Jun 30, 2026$154MGross asset value

Feeder funds

THL CREDIT DL IV (OFFSHORE) A-1 LP
FIRST EAGLE DL IV-L (OFFSHORE) A-1 LP

Fund administrator U.S. BANK NATIONAL ASSOCIATION BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian U.S. BANK NATIONAL ASSOCIATION BOSTON, Massachusetts, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source

Fund ID: 805-2644914374
Reported beneficial owners: 14
Minimum commitment: $5M
Form D file number: 021-318081

Form ADV 2116692 · Jun 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

NEWSTAR FAIRFIELD FUND CLO, LTDSecuritized Asset Fund · Last reported Jun 30, 2026$139MGross asset value

Fund administrator COMPUTERSHARE TRUST COMPANY N.A. COLUMBIA, Maryland, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian WELLS FARGO BANK COLUMBIA, Maryland, United States Related to adviser: No

Marketer WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

WELLS FARGO BANK
LEI 2549001YYB62BVMSAO13

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Fund details & source

Fund ID: 805-6258262918
Reported beneficial owners: 1
Minimum commitment: $250K

Form ADV 2116692 · Jun 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

LAKE SHORE MM CLO II LTDSecuritized Asset Fund · Last reported Jun 30, 2026$131MGross asset value

Fund administrator COMPUTERSHARE TRUST COMPANY N.A. COLUMBIA, Maryland, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian WELLS FARGO BANK, N.A. AS TRUSTEE BY COMPUTERSHARE TRUST COMPANY N.A. AS ATTORNEY IN FACT COLUMBIA, Maryland, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WELLS FARGO BANK, N.A. AS TRUSTEE BY COMPUTERSHARE TRUST COMPANY N.A. AS ATTORNEY IN FACT
LEI 2549001YYB62BVMSAO13

Fund details & source

Fund ID: 805-9426132843
Reported beneficial owners: 1
Minimum commitment: $250K

Form ADV 2116692 · Jun 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FIRST EAGLE DIRECT LENDING V-A, LLCOther Private Fund · Last reported Jun 30, 2026$122MGross asset value

Form D fundraising filings

First Eagle Direct Lending V-A, LLC

Feeder funds

FIRST EAGLE DIRECT LENDING V-A (BLOCKED), LP
FIRST EAGLE DL V-A FUNDING, LLC

Fund administrator U.S. BANK NATIONAL ASSOCIATION BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian U.S. BANK NATIONAL ASSOCIATION BOSTON, Massachusetts, United States Related to adviser: No

Marketer FEF DISTRIBUTORS, LLC NEW YORK, New York, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

FEF DISTRIBUTORS, LLC
CRD 46585 · SEC 8-51483

Fund details & source

Fund ID: 805-6390848954
Reported beneficial owners: 15
Minimum commitment: $5M
Form D file number: 021-394264

Form ADV 2116692 · Jun 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jun 30, 2026. View historical filings

Reported services

Investment company portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

500 BOYLSTON STREET, SUITE 1250
BOSTON, MA, 02116, United States

CRD 150900

Filing source

Form ADV 2116692 · Jun 30, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.