FEIM and FEAC’s Launch of First Eagle Credit Opportunities Fund


Simpson Thacher represented First Eagle Investment Management, LLC (“FEIM”) and First Eagle Alternative Credit in connection with the launch of their first interval fund, the First Eagle Credit Opportunities Fund.

The Fund’s investment objective is to provide current income, with a secondary objective of providing long-term risk-adjusted returns, and the Fund will seek to achieve its investment objective by investing in a portfolio of a variety of credit asset classes. FEIM will serve as the Fund’s investment adviser and FEAC will serve as subadviser.

The Simpson Thacher team included Rajib Chanda (Picture), David Blass, Christopher Healey and Kate O’Neil (Registered Funds); and Jonathan Goldstein, Jonathan Cantor and Morgan Otway (Tax).

Involved fees earner: David Blass – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Rajib Chanda – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Christopher Healey – Simpson Thacher & Bartlett; Katherine O’Neil – Simpson Thacher & Bartlett; Morgan Otway – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: First Eagle Alternative Credit; First Eagle Investment;

Author: Ambrogio Visconti