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Real Estate

First Eagle Real Estate Debt Fund

First Eagle Investments

Net Assets

$50.3M

1Y Return

+6.6%

Formation

2024

Portfolio Composition

Investment Type

Residential Transitional Loans
88.30%
Public Structured Credit
6.50%
Short-Term, Cash, & Cash Equivalents
5.20%

Geography

West
44.30%
Northeast
27.30%
Southeast
9.60%
Midwest
3.60%
Southwest
3.50%

Strategy

Private Credit
88.30%
Public Credit
6.50%
Short-Term, Cash & Cash Equivalents
5.20%

Portfolio composition data sourced from regulatory filings.

Sekond Liquidity Risk Profile

Real-time liquidity intelligence powered by regulatory filings and proprietary analysis.

Current Repurchase Window
StatusOPEN
Cap5.0%
Redemption Waterfall
StatusOPEN
Cap5.0%
Third Party Offers
StatusOPEN
Cap5.0%
Liquidity Runway — Stressed Scenarios
StatusOPEN
Cap5.0%
Liquidity Composition
StatusOPEN
Cap5.0%
Redemption Context
StatusOPEN
Cap5.0%

Summary Metrics

Liquidity RiskB+
Runway

5Q

Fill Rate

92%

Fee Impact

1.45%

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About This Fund

The First Eagle Real Estate Debt Fund is a closed-end interval fund managed by First Eagle Investment Management with Napier Park Global Capital as subadviser. It focuses on real estate-related debt including residential transitional loans, land banking, and mortgage-backed securities. Geographic exposure emphasizes California, Oregon, and Washington. The fund offers quarterly limited liquidity and targets attractive risk-adjusted returns and current income while intending to qualify as a REIT.

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