First Eagle Investments is an independent and privately owned asset management firm. Founded over 150 years ago, First Eagle has a long heritage generating real, long-term returns for its clients. Known globally as an active value manager, First Eagle recently expanded its offering with the acquisition of THL Credit, a leading alternative credit provider.
First Eagle’s Credit Opportunities Fund (FECRX), launched in late 2020, offers diversified alternative credit access in a liquid interval fund structure.
FECRX’s portfolio consists of U.S. alternative credit assets across multiple sectors and diversified risk profiles. The Fund capitalizes on relative value opportunities across the credit spectrum and seeks attractive current income as well as long-term risk adjusted returns. FECRX aims to deliver higher yields than publicly traded fixed-income securities, without risk levels skyrocketing. The strategy allows investors the flexibility to allocate capital to both public and private markets, and mitigates risks by building a portfolio of assets diversified across the alternative credit spectrum.
First Eagle is committed to nurturing their investment strategies and creating better outcomes for their clients. As of March 31, 2022, First Eagle has overseen $109 billion in assets under management and has their headquarters in New York, in addition to ten offices around the world.
Katherine Taylor is a managing director of First Eagle Alternative Credit, responsible for business development, product development, strategic relationships and fund marketing across the firm’s Tradable Credit and Direct Lending platforms. Kassie became part of First Eagle in 2020 upon the firm’s acquisition of THL Credit, which she had joined in 2016. Prior to THL Credit, Kassie was a vice president and head of fundraising and investor relations at Graycliff Partners, the former private equity team of HSBC in the United States and Latin America.
To learn more:
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First Eagle Credit Opportunities Fund
June Views From First Eagle Alternative Credit