Bleichroeder LP - 06 Aug 2025 Form 4 Insider Report for First Eagle Real Estate Debt Fund

Role: 10%+ Owner
Signature: /s/ Andrew Gundlach, Chairman and CEO
Issuer symbol: N/A
Transactions as of: 06 Aug 2025
Net transactions value: +$16,000,000
Form type: 4
Filing time: 08 Aug 2025, 16:28:40 UTC
Previous filing: 02 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Bleichroeder LP	10%+ Owner	1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK	/s/ Andrew Gundlach, Chairman and CEO	08 Aug 2025	0001781002

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FERLX	Shares of Beneficial Interest, Class I Shares	Purchase	$16,000,000	+633,162	+86%	$25.27	1,367,807	06 Aug 2025	See footnote	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The common shares reported herein are indirectly beneficially owned by Bleichroeder LP, a Delaware limited partnership, an investment adviser registered under the Investment Advisers Act of 1940. Bleichroeder LP serves as registered investment adviser to managed accounts and investment funds that directly hold these securities. Bleichroeder LP disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that Bleichroeder LP is the beneficial owner of the securities for purposes of Section 16 or for any other purposes.

Content

The common shares reported herein are indirectly beneficially owned by Bleichroeder LP, a Delaware limited partnership, an investment adviser registered under the Investment Advisers Act of 1940. Bleichroeder LP serves as registered investment adviser to managed accounts and investment funds that directly hold these securities. Bleichroeder LP disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that Bleichroeder LP is the beneficial owner of the securities for purposes of Section 16 or for any other purposes.