First Eagle Private Credit Fund Chairperson Retires; New Chair Appointed

What Happened
First Eagle Private Credit Fund filed an 8-K reporting that Nancy Hawthorne retired and resigned from her roles as Trustee and Chairperson of the board of trustees effective August 12, 2026. The Board elected Patrick Coyne, an Independent Trustee of the Fund, to succeed Ms. Hawthorne as Chairperson. The filing states Ms. Hawthorne’s retirement was not due to any disagreement with the Fund’s operations, policies, or practices.

Key Details

• Filing: Form 8-K, Item 5.02 (Departure of Directors or Certain Officers) dated August 12, 2026.
• Outgoing Chair: Nancy Hawthorne retired and resigned as Trustee and Chairperson effective August 12, 2026.
• Incoming Chair: Patrick Coyne, an existing Independent Trustee, was elected Chairperson by the Board.
• Reason: Retirement; no disagreement with management or the Fund’s practices was reported.

Why It Matters
This is a governance change that investors should note because the Board leadership has shifted. The appointment of an existing Independent Trustee as Chair suggests continuity in oversight and no reported conflict with management. The filing does not indicate any operational, policy, or financial impact from the change.