Amounts shown reflect the fair value of invested capital, which includes any related unfunded delayed draw commitments and/or unfunded revolving credit facilities, and outstanding committed investor capital for any investment vehicles, partnerships, and separately managed accounts for which FEAC provides advisory services to. Certain investment vehicles managed by FEAC can enter into credit facilities which allow such investment vehicles to incur borrowings for investment purposes in excess of the committed investor capital.  The committed amount of such credit facilities, whether drawn or undrawn, may be included in the assets under management by FEAC.  For CLOs and related warehouses, the aggregate par value of the underlying collateral plus cash is included in the assets under management by FEAC. FEAC’s measure of AUM for these purposes may differ from the calculations employed by other investment managers and, as a result, may not be directly comparable to similar measures presented by other investment managers.  This measure also differs from the manner in which FEAC is required to report “Regulatory Assets Under Management” on Form ADV and Form PF.

Source: Intex as of October 2, 2024 and includes the cumulative current CLO sized of all US CLOs modeled by Intex. CLOs included are from 2012-present. FEAC pays Intex a fee for the use of their data and aggregates the Intex data based on CLO size per reported manager for this analysis. Past performance is not indicative of future performance.