First Eagle Direct Lending Fund I (Parallel), LP
First Eagle Direct Lending Fund I (Parallel), LP is a private investment fund based in New York, New York. According to its most recent Form D, filed Dec 19, 2018, it has sold $19,800,000 of interests to 3 investors since its first sale in Dec 2017. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Manager First Eagle Private Credit, LLC; General Partner First Eagle Direct Lending I GP LLC.
- Total raised
- $19,800,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Dec 21, 2017
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Manager First Eagle Private Credit, LLC; General Partner First Eagle Direct Lending I GP LLC
- Latest Form D
- Dec 19, 2018
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about First Eagle Direct Lending Fund I (Parallel), LP
What is the minimum investment for First Eagle Direct Lending Fund I (Parallel), LP?
First Eagle Direct Lending Fund I (Parallel), LP's latest Form D, filed Dec 19, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in First Eagle Direct Lending Fund I (Parallel), LP?
First Eagle Direct Lending Fund I (Parallel), LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has First Eagle Direct Lending Fund I (Parallel), LP raised?
First Eagle Direct Lending Fund I (Parallel), LP reports $19,800,000 sold from 3 investors on its Form D filed Dec 19, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is First Eagle Direct Lending Fund I (Parallel), LP based?
First Eagle Direct Lending Fund I (Parallel), LP is based in New York, New York.
When did First Eagle Direct Lending Fund I (Parallel), LP launch?
First Eagle Direct Lending Fund I (Parallel), LP reports its first sale in Dec 2017.
Size compared with every private investment fund
Raised more than 54% of the 2,834 private investment funds based in New York, and more than 50% of all 10,287 that report sales.