News
First Eagle Investment Management Agrees to Acquire NewStar Financial
First Eagle Investment Management and NewStar Financial announced today that they have entered into a definitive agreement for First Eagle to acquire NewStar, an established lender and investment manager specializing in direct lending to middle-market companies and management of broadly syndicated loans.
First Eagle Opens London Office
First Eagle Investment Management, LLC, is pleased to announce the opening of a London office, which will serve institutional clients and their consultants in Europe, the Middle East and Africa (EMEA).
First Eagle Global Income Builder Fund Marks Five-Year Anniversary
First Eagle Investment Management is pleased to announce that First Eagle Global Income Builder Fund (the Fund) marked its five-year anniversary on May 1, 2017.
First Eagle Announces John Arnhold’s Retirement
After an extensive and successful career at First Eagle Investment Management, John Arnhold—former Chairman, CEO and CIO—has decided to retire from the firm. He will step down from his current position as Non-Executive Chairman effective June 30, 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.
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.
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.
Kertsos named Portfolio Manager of First Eagle Gold Fund
We are pleased to announce that Thomas Kertsos has been named Portfolio Manager of First Eagle’s Gold Fund. In his new role, Thomas will continue to work with Portfolio Manager Matthew McLennan, and will remain a senior research analyst on the Global Value Team covering precious metals.
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.
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.