News

Mar 01, 2017

First Eagle Investment Management Launches Suite of Retirement Share Classes for its Mutual Funds

NEW YORK—(March 1, 2017)— First Eagle Investment Management today announced that it has launched a suite of retirement share classes for its mutual fund line-up.

Jan 11, 2017

First Eagle Investment Management Continues to Enhance Retirement Investment Solutions Effort

NEW YORK—(January 11, 2017)—As part of its ongoing commitment to serving the needs of the retirement market, First Eagle today announced that it plans to provide a suite of retirement share classes for its mutual funds. Scheduled to launch in March 2017, the new shares will present a transparent and complementary menu of pricing options from which retirement plan fiduciaries can choose.

Nov 10, 2016

First Eagle Investment Management Launches Dedicated Retirement Effort and Hires Michael Rosenberg as Head

NEW YORK—(November 10, 2016)—As part of a commitment to serving the needs of the retirement market, First Eagle Investment Management (“First Eagle”) today announced that it has formed the Retirement Investment Solutions group and hired Michael Rosenberg as its head. Working closely with First Eagle’s retail and institutional distribution teams, the new group will partner with financial advisors, investment consultants and retirement plan recordkeepers to deliver investment solutions to plan sponsors, plan participants and individual retirement savers.

Jan 19, 2016

First Eagle Announces New Leadership

We are pleased to announce some important news about succession planning steps taking place at First Eagle. Our current CEO, Bridget Macaskill, is being appointed Chairman of the Board of First Eagle Holdings, Inc., the parent company of First Eagle. In March 2016, Bridget will transition her CEO responsibilities but will remain at First Eagle as a Senior Adviser to the Company and to the new CEO. While she remains fully committed to First Eagle, Bridget has decided, after a long and very successful career, to change the pace of her work activities and create more time for her other interests.

Dec 01, 2015

First Eagle Completes the Transaction with Blackstone and Corsair Capital

NEW YORK — December 1, 2015 – As announced on July 20, 2015 (see below), private equity funds managed by Blackstone Capital Partners (BCP) – the private equity arm of Blackstone – and Corsair Capital (Corsair), as well as a number of institutions and high-net-worth family offices who are clients of the two firms, have acquired an equity stake in First Eagle. Following regulatory and other customary approvals, the transaction closed on Dec 1, 2015.

Jul 20, 2015

First Eagle Announces Significant Long-Term Investment from Blackstone and Corsair Capital

First Eagle Investment Management (“First Eagle” or the “Firm”) today announced a definitive agreement under which a majority long-term investment in First Eagle would be made by private equity funds managed by Blackstone (NYSE:BX) and Corsair Capital (“Corsair”) as well as clients of the two firms. The investment, which reflects a total enterprise value of approximately $4 billion, is designed to ensure that First Eagle will continue to operate independently and to maintain its investment-centric culture. Additionally, as a result of the transaction, First Eagle employees will have an opportunity to meaningfully increase their equity ownership in the Firm.  The investment is being made through First Eagle’s holding company, Arnhold and S. Bleichroeder Holdings Inc. The transaction includes the sale by TA Associates of its entire investment in First Eagle.

Press Contacts

Hedda Nadler
212.759.4440