News

Jul 01, 2020

Update - First Eagle Coronavirus Response: Message to Our Clients and Partners

At First Eagle Investment Management, maintaining the safety of our employees while ensuring their ability to serve our clients is paramount. These principles have been put to the test since March, when we began requiring our employees to work from home in response to the COVID-19 outbreak. Thanks to the dedication of professionals across the First Eagle organization, we were successful in making this transition without disruption to the critical business functions performed on behalf of our clients.

Jul 01, 2020

Jean-Marie Eveillard Retires as Senior Advisor

It is with bittersweet emotion that we note the retirement of Jean-Marie Eveillard as Senior Advisor to First Eagle’s Global Value team. He will remain a Trustee Emeritus of First Eagle Funds.

Jun 09, 2020

First Eagle Fund of America Update | Manager and Strategy Change

Following many years of collaboration on behalf of the shareholders of First Eagle Fund of America, First Eagle and Iridian Asset Management have made a mutual decision to dissolve our business rel

Mar 17, 2020

First Eagle Coronavirus Response: Message to Our Clients and Partners

Given ongoing concerns about the outbreak of the novel coronavirus (COVID-19), we would like to assure you that First Eagle Investment Management is committed to the safety of our employees and the continuity of our critical business functions. 

Feb 06, 2020

First Eagle Alternative Credit Closes Fourth Middle-Market Direct Lending Fund

BOSTON, February 6, 2020 – First Eagle Alternative Credit, LLC today announced the final closing of its fourth middle-market direct lending fund, THL Credit Dire

Feb 03, 2020

First Eagle Investment Management Completes Acquisition of THL Credit

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.

Dec 08, 2019

First Eagle Investment Management Agrees to Acquire Alternative Credit Manager THL Credit

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.

Sep 24, 2019

First Eagle Investment Management Introduces New Scholarship

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.

Jan 03, 2019

First Eagle International Value Strategy, including the Overseas Fund, to Reopen

First Eagle Investment Management announced that effective January 10, 2019, the current soft-close limitations applicable to the International Value Strategy, which includes the First Eagle Overseas Fund, will be removed. The Strategy and the Fund have been closed to certain third-party intermediaries and institutional investors since May 2014.

Dec 10, 2018

NewStar Financial To Rebrand and Adopt the Name of its Parent, First Eagle Investment Management

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.

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Press Contacts

Mount and Nadler
Hedda Nadler
212.759.4440