First Eagle sources over 90% of its deal volume from private-equity sponsors, and creating and growing its relationships with these firms are high priorities. In this PM’s Perspective, Pat McAuliffe, who heads direct origination, explains the value that First Eagle may add in its sponsor relationships.
Matt McLennan reflects on his first decade managing First Eagle's Global Value team, and the challenges and potential rewards of value investing. See what excites him about the next 10 years.
At First Eagle, we have received many questions about sustainable investing from investors and investment professionals. To help answer these questions, we asked Thomas Kertsos, co-portfolio manager of the Gold Fund, and Max Belmont, research analyst for the Gold Fund, to discuss their thinking in this area.
The private debt market has expanded over the past decade, as institutional and high-net-worth investors, disappointed by falling bond yields, have sought corners of the fixed income market where robust returns may still be available.
In March 2015 First Eagle Investment Management’s Global Value Team launched a new strategy that focuses on international small-cap value stocks. In this PMs’ Perspective, Mark Cooper and Manish Gupta, managers of the new strategy, explain how and why we’ve created it.