# EDGAR Filing Document

**Accession Number:** 0001464963
**File Stem:** 0000894579-23-000107
**Filing Date:** 2023-2
**Character Count:** 10311
**Document Hash:** 06826f80c05d2fcf18479960ca02b8e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894579-23-000107.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0000894579-23-000107

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** First Eagle Alternative Capital BDC, Inc.
- **CENTRAL INDEX KEY:** 0001464963
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-85458
- **FILM NUMBER:** 23617644

**BUSINESS ADDRESS:**
- **STREET 1:** 500 BOYLSTON STREET
- **STREET 2:** SUITE 1250
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** (800) 450-4424

**MAIL ADDRESS:**
- **STREET 1:** 500 BOYLSTON STREET
- **STREET 2:** SUITE 1250
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** THL Credit, Inc.
- **DATE OF NAME CHANGE:** 20090527
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COOPERMAN LEON G
- **CENTRAL INDEX KEY:** 0000898382
- **STANDARD INDUSTRIAL CLASSIFICATION:** UNKNOWN SIC - 0000 [0000]
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** 7118 MELROSE CASTLE LANE
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33496

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### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION <br>
**Washington, D.C. 20549** 

### SCHEDULE 13G

#### <br>

#### Under the Securities Exchange Act of 1934
**(Amendment No. 7)\*** 

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| |
|:---|
| **FIRST EAGLE ALTERNATIVE CAPITAL BDC, INC.<br>**  |
| (Name of Issuer) |
| Common Stock, par value $0.001 per share |
| (Title of Class of Securities) |
| 872438106 |
| (CUSIP Number) |
| **December 31, 2022**<br>|
| (Date of Event Which Requires Filing of this Statement) |

---

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b) <br> ☒ Rule 13d-1(c) <br> ☐ Rule 13d-1(d)

\*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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&nbsp;&nbsp;&nbsp;&nbsp;<br>

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| | | |
|:---|:---|:---|
| **CUSIP No**. | 872438106 | Page 2 of 5 |

---

---

| | | |
|:---|:---|:---|
| **1** | **NAME OF REPORTING PERSONS** | **NAME OF REPORTING PERSONS** |
| **1** | **I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)** | **I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)** |
| **1** | LEON G. COOPERMAN | LEON G. COOPERMAN |
| **1** | LEON G. COOPERMAN | LEON G. COOPERMAN |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a) ☐ | (a) ☐ |
| **2** | (b) ☒ | (b) ☒ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | United States | United States |
| **4** | United States | United States |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **5** | 1950410 |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **5** | 1950410 |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **6** | 200000 |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **6** | 200000 |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **7** | 1950410 |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **7** | 1950410 |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **8** | 200000 |
| **NUMBER OF SHARES<br> BENEFICIALLY OWNED<br> BY EACH REPORTING<br> PERSON WITH** | **8** | 200000 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 2150410 | 2150410 |
| **9** | 2150410 | 2150410 |
| **10** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES** | **CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 7.2% | 7.2% |
| **11** | 7.2% | 7.2% |
| **12** | **TYPE OF REPORTING PERSON** | **TYPE OF REPORTING PERSON** |
| **12** | IN | IN |
| **12** | IN | IN |

---

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| | | |
|:---|:---|:---|
| **CUSIP No**. | 872438106 | Page 3 of 5 |

---

**<br>

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| | |
|:---|:---|
| Item 1(a). | Name of Issuer:<br>FIRST EAGLE ALTERNATIVE CAPITAL BDC, INC.<br>|
| Item 1(b). | Address of Issuer's Principal Executive Offices:<br>500 Boylston St., Suite 1200, Boston, MA 02116<br>|
| Item 2(a). | Name of Person Filing:<br>This statement is filed on behalf of Leon G. Cooperman ("Mr. Cooperman"). Mr. Cooperman is engaged in, among other activities, investing for his own account.<br>Mr. Cooperman is married to an individual named Toby Cooperman. Mr. Cooperman has an adult son named Michael S. Cooperman. The Michael S. Cooperman WRA Trust (the "WRA Trust") is an irrevocable trust for the benefit of Michael S. Cooperman. Mr. Cooperman has investment authority over the Shares (as defined below) held by Toby Cooperman, Michael S. Cooperman, the WRA Trust account, and the Individual Retirement Accounts of Toby and Michael S. Cooperman.<br>Mr. Cooperman has investment discretion over the Shares held by Together Education, Inc. (formerly known as Uncommon Knowledge And Achievement, Inc.), a 501(c)(3) Delaware charitable foundation ("Together Education").<br>|
| Item 2(b). | Address of Principal Business Office or, if None, Residence:<br>St. Andrews Country Club, 7118 Melrose Castle Lane, Boca Raton, FL 33496<br>|
| Item 2(c). | Citizenship:<br>United States citizen.  |
| Item 2(d). | Title of Class of Securities:<br>Common Stock, par value $0.001 per share (the "Shares") |
| Item 2(e). | CUSIP Number:<br>872438106 |

---

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CUSIP No. <u> 872438106 </u> Page 4 of 5

Item 3. If this Statement is Filed Pursuant to Sections 240.13d-1(b), or 240.13d-2(b) or (c): <br> This Item 3 is inapplicable. <br>Item 4. Ownership.

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| | |
|:---|:---|
| (a)<br> (b) | Amount beneficially owned:<br> Percent of Class:<br>Mr. Cooperman may be deemed the beneficial owner of 2,150,410 Shares, which constitutes approximately 7.2% of the total number of Shares outstanding, calculated based on the 29,922,028 Shares issued and outstanding as of November 8, 2022, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 8, 2022. This consists of 1,408,310 Shares owned by Mr. Cooperman; 225,500 Shares owned by Toby Cooperman; 116,600 Shares owned by Michael S. Cooperman; 200,000 Shares owned by the WRA Trust; and 200,000 Shares owned by Together Education. |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote<br>1,950,410<br>|
| (ii) | Shared power to vote or to direct the vote<br>200,000<br>|
| (iii) | Sole power to dispose or to direct the disposition of<br>1,950,410<br>|
| (iv) | Shared power to dispose or to direct the disposition of<br>200,000  |

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&nbsp;&nbsp;&nbsp;&nbsp;<br>

CUSIP No. <u> 872438106 </u> Page 5 of 5

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| | |
|:---|:---|
| Item 5. | Ownership of Five Percent or Less of a Class.<br>If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐  |
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person.<br>This Item 6 is not applicable. <br>|
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.<br>This Item 7 is not applicable.<br>|
| Item 8. | Identification and Classification of Members of the Group.<br>This Item 8 is not applicable. <br>|
| Item 9. | Notice of Dissolution of Group.<br>This Item 9 is not applicable. <br>|
| Item 10. | Certification. |

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By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DATED: February 13, 2023

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| | |
|:---|:---|
| LEON G. COOPERMAN | LEON G. COOPERMAN |
| By: | <u>/s/ Edward Levy</u> |
|  | Edward Levy |
|  | Attorney-in-Fact |

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Duly authorized under POA effective as of August 10, 2016 and filed on August 12, 2016.

\* Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).**