First Eagle Alternative Credit LLC announced promotions within its tradable credit and direct lending teams.
Robert Hickey — who will become deputy chief investment officer, tradable credit — will help oversee the business unit’s operations and investment decisions in his new role. He was previously a senior portfolio manager. He reports to James Fellows, chief investment officer.
Michelle Handy — who will become deputy chief investment officer, direct lending — will help oversee the firm’s $6 billion direct lending platform in her new role. Previously, Handy was head of portfolio and underwriting on First Eagle’s Direct Lending platform. She reports to Chris Flynn, president.
Garrett Stephen has been promoted to co-head of origination and structuring. Previously, Stephen was an originator on the firm’s Direct Lending team. He will now report to Flynn.
Howard Wu has been promoted to co-head of origination and structuring. Previously, Wu was an originator in direct lending. He will continue to report to Flynn.
Patrick McAuliffe is head of direct origination at the firm.
First Eagle Alternative Credit LLC is an alternative credit manager with $21 billion in assets under management in both direct lending and broadly syndicated loans.
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This article originally appeared on PitchBook News