Public, non-traded

FEPCF — First Eagle Private Credit Fund

First Eagle Private Credit Fund is a business development company managed by First Eagle Alternative Credit. Strategy: alternative private credit.

Research

Continue researching FEPCF

Open FEPCF's portfolio in the Market Monitor The Market Monitor scoped to FEPCF: positions, spread surface, rich/cheap and credit health for this one portfolio. Signed-in workspace.
Research the credits it holds The portfolio table below: each credit links to its company page, with every other holder of that credit.

What SpreadVista tracks for FEPCF

•Marks-to-par across the portfolio. Fair value as a fraction of par cost — the canonical health signal for a private-credit position — read from FEPCF's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and FEPCF reports one on 72.5% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.
•Non-accrual positions. The FEPCF positions we tied to a non-accrual disclosure in the filer's own footnotes, and the dollar exposure behind them. A position is flagged only where the filing says so — every other position is carried as unknown, never as performing — so read this as a floor on FEPCF's non-accruals, not a complete list.
•Top issuers by fair value. FEPCF's concentration profile — the largest 10/25/50 exposures with mark and maturity context.
•Spread surface vs comparable BDCs. Where FEPCF's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 86.9% of its positions that carry a tagged spread over a reference rate.
•Cross-vehicle issuer exposure. Which other BDCs and interval funds hold the same credits as FEPCF — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for FEPCF

SpreadVista only serves what the filer machine-tagged, and only computes a metric where there is enough of it to stand behind. Each item below is either under that bar for FEPCF or something we could not tie to any individual position — the note says which. We leave them blank rather than infer them:

•NAV per share. We have no NAV-per-share observation for FEPCF. Non-traded BDCs report NAV outside the tagged Schedule of Investments, so it doesn't reach us through the same pipeline as the positions.

See FEPCF's full analytics

Free to research. Every FEPCF position we serve, every cross-vehicle overlap — sourced directly from primary regulatory disclosures, with the methodology and the coverage gaps shown on every chart.

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About FEPCF

Ticker: FEPCF
Legal name: First Eagle Private Credit Fund
Manager / Advisor: First Eagle Alternative Credit
Category: Public, non-traded
Strategy: Alternative private credit
Fiscal year end: 12-31
SEC CIK: 1890107 (Primary filings) (opens in new tab)

Related concepts

Plain-English explanations of the concepts behind BDC analysis:

Continue researching FEPCF

Open FEPCF's portfolio in the Market Monitor The Market Monitor scoped to FEPCF: positions, spread surface, rich/cheap and credit health for this one portfolio. Signed-in workspace.

Research the credits it holds The portfolio table below: each credit links to its company page, with every other holder of that credit.

What SpreadVista tracks for FEPCF

•Marks-to-par across the portfolio. Fair value as a fraction of par cost — the canonical health signal for a private-credit position — read from FEPCF's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and FEPCF reports one on 72.5% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.

•Non-accrual positions. The FEPCF positions we tied to a non-accrual disclosure in the filer's own footnotes, and the dollar exposure behind them. A position is flagged only where the filing says so — every other position is carried as unknown, never as performing — so read this as a floor on FEPCF's non-accruals, not a complete list.

•Top issuers by fair value. FEPCF's concentration profile — the largest 10/25/50 exposures with mark and maturity context.

•Spread surface vs comparable BDCs. Where FEPCF's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 86.9% of its positions that carry a tagged spread over a reference rate.

•Cross-vehicle issuer exposure. Which other BDCs and interval funds hold the same credits as FEPCF — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for FEPCF

•NAV per share. We have no NAV-per-share observation for FEPCF. Non-traded BDCs report NAV outside the tagged Schedule of Investments, so it doesn't reach us through the same pipeline as the positions.