NEW YORK, February 3, 2020-- First Eagle Investment Management, LLC (“First Eagle”) today announced that it has completed the previously announced acquisition of THL Credit Advisors LLC (“THL Credit”), a leading alternative credit manager. First Eagle Alternative Credit, as the combination of First Eagle’s existing private credit platform and THL Credit is now known, is among the leaders in both tradable credit and middle-market direct lending, with approximately $23 billion in assets under management and advisement on a pro forma basis as of December 31, 2019.