Managers/First Eagle Alternative Credit/James, Ray Fellows

James, Ray Fellows

James, Ray Fellows is co-president & chief investment officer at First Eagle Alternative Credit. The firm has 16 funds on file, which have raised $5.3B.

Firm

First Eagle Alternative Credit

Title

Co-president & chief investment officer

Funds on file

Raised across them

$5.3B

At the firm

TitleCo-president & chief investment officer

Ownsless than 5% of the firm

ControlOne of the people who control the firm

In this position sinceFebruary 2024

Role on the fundsExecutive officer

Funds named on2

The firm's funds

First Eagle Direct Lending Fund I, LP Private credit $82.4M

First Eagle Direct Lending Fund I (Parallel), LP Private credit $19.8M

THL Credit Direct Lending Fund III (A) LLC Private credit

THL Credit Direct Lending Fund III LLC Private credit $290.3M

THL Credit Direct Lending Fund IV LLC Private credit $461.1M

THL Credit Direct Lending Levered Fund IV LLC Private credit $461.1M

THL Credit DL IV Funding LLC Private credit $461.1M

THL Credit DL IV-L (Offshore) A-1 LP Private credit $461.1M

THL Credit DL IV (Offshore) A-1 LP Private credit $461.1M

THL Credit DL IV (Offshore) Funding LP Private credit $461.1M

First Eagle Direct Lending VI-B, LLC Private credit $10M Jun 2026

First Eagle Bank Loan Select Fund Private credit $36.8M Jun 2025

First Eagle Bank Loan Select Fund (Offshore) Private credit $444.8M Jun 2025

First Eagle Private Credit Fund Private credit $302.7M Jun 2024

First Eagle Direct Lending V-A, LLC Private credit $679.5M Mar 2024

First Eagle Direct Lending V-B, LLC Private credit $679.5M Mar 2024