First Eagle Alternative Credit Announces Close of Over $1
Firm Raised Over $2.2 billion in Direct Lending Available Capital in the Last Twelve Months...
Source: globenewswire.com
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How Private Credit Survived Its First Test
Critics raised alarms about the bubble they saw growing in private lending long before the pandemic — but the sector emerged from the crisis in a healthy position. Here’s why.
Source: institutionalinvestor.com
First Eagle Alternative Capital BDC Reports Fourth Quarter 2020 Financial Results and Declares a Dividend of $0.10 Per Share
PORTFOLIO AND INVESTMENT ACTIVITY In the fourth quarter, the Company closed on eight new investments totaling $23 million at par and an additional $8.2 million at par in follow-on investments, including delayed draw and revolver fundings. New investments during the fourth quarter at par were: $3.8 million first lien senior secured term loan in Multi Speciality Healthcare LLC; $3.3 million first lien senior secured term loan in Action Point, Inc.; $3.2 million first lien senior secured term loan in MarkLogic Corporation; $3.1 million first lien senior secured term loan in Aurotech, LLC; $3.0 m...
Source: globenewswire.com