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First Eagle Investment Management Launches Alternative Credit Interval Fund

Dec 02, 2020 - Business Wire
Bankruptcy

First Eagle Investment Management, LLC ("First Eagle") today announced the launch of the First Eagle Credit Opportunities Fund (A-Share Class: FECAX, I-Share Class: FECRX). A multi-sector portfolio investing primarily in private and public credit assets-including direct lending, middle-market "club" loans, syndicated bank loans and high yield bonds-the Fund seeks to provide attractive current income with a focus on delivering strong risk-adjusted returns over the long term. Given the historicall...