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.

WIND RIVER 2017-3 CLO LTD.Securitized Asset Fund · Last reported Jun 30, 2026$573MGross 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

Marketer MORGAN STANLEY & CO. LLC NEW YORK, New York, 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, N.A. AS TRUSTEE BY COMPUTERSHARE TRUST COMPANY N.A. AS ATTORNEY IN FACT
LEI 2549001YYB62BVMSAO13

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-2394094115
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.

WIND RIVER 2017-1 CLO LTD.Securitized Asset Fund · Last reported Jun 30, 2026$573MGross 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: 805-5875933232
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.

WIND RIVER 2023-1 CLO LTD.Securitized Asset Fund · Last reported Jun 30, 2026$492MGross 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

Marketer GOLDMAN SACHS & CO. LLC NEW YORK, New York, 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

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 801-16048

Fund details & source

Fund ID: 805-9729124679
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 IV LLCSecuritized Asset Fund · Last reported Jun 30, 2026$477MGross 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: 805-6355608355
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.

WIND RIVER 2019-2 CLO LTD.Securitized Asset Fund · Last reported Jun 30, 2026$474MGross 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: 805-6675702303
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.

WIND RIVER 2021-4 CLO LTD.Securitized Asset Fund · Last reported Jun 30, 2026$464MGross 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

Marketer MUFG SECURITIES AMERICAS INC. NEW YORK, New York, 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

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

MUFG SECURITIES AMERICAS INC.
CRD 19685 · SEC 8-43026

Fund details & source

Fund ID: 805-2613346188
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.

WIND RIVER 2021-3 CLO LTD.Securitized Asset Fund · Last reported Jun 30, 2026$460MGross asset value

Fund administrator THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION HOUSTON, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION HOUSTON, Texas, United States Related to adviser: No

Marketer MORGAN STANLEY PURCHASE, New York, 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

MORGAN STANLEY
CRD 149777 · SEC 801-70103

Fund details & source

Fund ID: 805-7067398002
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.

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.