On March 3, 2025, First Eagle Investments (“First Eagle”) announced that it has entered into a definitive agreement to receive a majority investment from Genstar Capital (“Genstar”).
First Eagle Investments (“First Eagle”) announced, on March 3, 2025, that it entered into a definitive agreement to receive a majority investment from Genstar Capital (“Genstar”). First Eagle’s leadership and investment teams will remain intact. Further terms of the deal were not disclosed.
First Eagle, based in New York, is an independent, privately owned investment management firm specializing in equity, fixed income, alternative credit and multi-asset strategies. As of December 31, 2024, First Eagle had approximately $144 billion in assets under management. BofA Securities, Inc. advised First Eagle on the transaction.
Genstar, based in San Francisco, is a private equity firm investing in the financial services, software, healthcare and industrial industries. Genstar has approximately $49 billion in assets under management.
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