First Eagle Investments acts as an independent investment management firm, providing investment advisory services.
Investment highlights
1864
Year of establishment
Other
2016
Year of entry
United States
4.2%
Indirect shareholding percentage
USD 128 bn
Assets under management
610
Employees
Private & institutional
Clients
Investment history
In August 2016, Sofina initially took an indirect stake in FEI through GoldIron (a vehicle designed to consolidate the interests with founding family shareholders) in a secondary transaction alongside the financial sponsors (Blackstone & Corsair) and the founding family shareholders. In 2017 and 2018, GoldIron, funded with additional investment from Sofina, successively acquired additional FEI shares from employees and certain family shareholders.
OUR PARTNERSHIP
With a heritage dating back to 1864, First Eagle Investments (“FEI”) is an investment management company based in New York. Over its long history, the firm has developed its activities and core investment tenets that have built its worldwide brand franchise. FEI has a global mandate both in terms of geographies and the types of securities it invests in (equity, public and private credit, multi-asset and alternative strategies, etc.). Overall, the firm manages more than 20 different strategies.
These strategies focus on generating attractive real returns over the long term and invest across different asset classes, regions, industries and market capitalization ranges. Through its varied product range (mutual funds, separately managed accounts and private funds) and distribution channels, FEI has been able to serve both institutional accounts and high-net-worth individuals worldwide.