NEW YORK February 3, 2020 — First Eagle Investment Management, LLC (“First Eagle”) today announced that it has completed the previously announced acquisition of THL Credit Advisors LLC (“THL Credit”), a leading alternative credit manager.
NEW YORK Dec. 8, 2019 — First Eagle Investment Management, LLC (“First Eagle”) and THL Credit Advisors LLC (“THL Credit”) today announced that they have entered into a definitive agreement for First Eagle to acquire THL Credit, a leading alternative credit manager with approximately $17 billion in assets under management as of September 30, 2019. The acquisition complements First Eagle’s established alternative credit platform, solidifying its place among the leaders in both tradable credit and middle-market direct lending.
"If you're a long-term investor, it matters less what's happening to the markets as a whole, and matters more what you can find bottom up. At the end of the day, we're not betting on being all into markets. We're selectively buying into markets around the world and I think that's the key distinction."
Matt McLennan, Kimball Brooker and Manish Gupta managers of First Eagle Global Fund, recently spoke with Advisor Perspectives to discuss the Fund’s go-anywhere approach and investment philosophy centered on the protection of wealth with the primary objective of avoiding permanent impairment of capital.
We are excited to introduce the First Eagle Investment Management Foundation Scholarship, a merit-based award for a student in the Value Investing Program at Columbia Business School.
First Eagle Investment Management announced that effective January 10, 2019, the current soft-close limitations applicable to the Overseas Fund, will be removed. The Fund has been closed to certain third-party intermediaries and institutional investors since May 2014.
Watch Matt McLennan alongside Evercore ISI's, Ed Hyman, as they discuss what has changed over the last year and what that means for the U.S. economy and markets.
NEW YORK, December 10, 2018 – First Eagle Investment Management (“First Eagle”) today announced that its alternative credit group, NewStar Financial (“NewStar”), will rebrand to First Eagle Investment Management, adopting its parent’s name. NewStar’s investment team will operate as the Private Credit team of First Eagle, and the legal entities NewStar Financial, LLC, and NewStar Capital LLC, will change their names to First Eagle Private Credit, LLC, and First Eagle Private Credit Advisors, LLC, respectively.