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FIRST EAGLE ALTERNATIVE CREDIT, LLC
CRD 150900File 801-71201
APPROVED
Custody
Filing as of Jun 30, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$12.56B
Top 10% of cohort (national)
Discretionary AUM
$12.56B
Non-discretionary $3.1M
Clients
72
81 accounts
Employees
79
Top 25% of cohort in MA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- BRO
- Registration date
- Apr 21, 2010
- Principal office
- 500 BOYLSTON STREET, SUITE 1250, BOSTON, MA, 02116
- Phone
- 617-848-2577
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $12.56B
- Discretionary AUM
- $12.56B
- Non-discretionary AUM
- $3.1M
- Discretionary accounts
- 80
- Non-discretionary accounts
- 1
- Total accounts
- 81
- AUM per client
- $174.5M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Non-U.S. persons | Fewer than 5 | $15.2M |
| Insurance companies | Fewer than 5 | $45.0M |
| Investment companies | 1 | $781.4M |
| Other investment advisers | Fewer than 5 | $715.4M |
| Pooled investment vehicles | 70 | $10.35B |
| Business development companies | 1 | $651.8M |
| State or municipal government entities | Fewer than 5 | $3.1M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Other (described) — SEE SCHEDULE D MISC.
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Portfolio management for businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 118 | 79 | decreased by39 |
| Apr 1, 2026 | Disclosures | Yes | No | |
| Apr 1, 2026 | Clients | 89 | 72 | decreased by17 |
| Apr 1, 2026 | AUM | $16,820,719,677 | $12,562,376,360 | decreased by$4,258,343,317 |
| Apr 1, 2026 | Accounts | 96 | 81 | decreased by15 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 128 | 118 | decreased by10 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 94 | 89 | decreased by5 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $20,976,810,833 | $16,820,719,677 | decreased by$4,156,091,156 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 101 | 96 | decreased by5 |
| Apr 1, 2022 | Employees | 114 | 128 | increased by14 |
| Apr 1, 2022 | Clients | 77 | 94 | increased by17 |
| Apr 1, 2022 | AUM | $20,174,538,934 | $20,976,810,833 | increased by$802,271,899 |
| Apr 1, 2022 | Accounts | 81 | 101 | increased by20 |
| Aug 1, 2021 | Clients | 72 | 77 | increased by5 |
| Aug 1, 2021 | AUM | $20,168,641,446 | $20,174,538,934 | increased by$5,897,488 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “FIRST EAGLE” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“FIRST EAGLE” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.