M&A - First Eagle Credit Opportunities Fund

Form Type: 497

Filing Date: 2025-03-07

Corporate Action: Acquisition

Type: New

Accession Number: 000093041325000888

Filing Summary: On March 3, 2025, First Eagle Holdings, Inc. announced a definitive agreement for funds managed by Genstar Capital to make a majority investment in First Eagle Holdings, Inc. This acquisition will buy out all interests in the company currently held by funds controlled by Blackstone Inc. and Corsair Capital LLC, along with related co-investors. The transaction is expected to close in the second half of 2025, subject to customary closing conditions including regulatory approvals. The closing will be deemed an ‘assignment’ under the Investment Company Act, automatically terminating the current Investment Advisory Agreement and Investment Subadvisory Agreement for the First Eagle Credit Opportunities Fund. The Board of Trustees will consider new identical investment management agreements, which, if approved, will be presented to shareholders for approval. The transaction is not expected to change the portfolio management or the investment objectives and policies of the Fund.

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