First Eagle Investments Market Research Report

Company Overview

Name, Mission

First Eagle Investments
Mission: Dedicated to serving the needs of individuals and institutions worldwide, First Eagle prides itself on disciplined, unconventional thinking with a global perspective and long-term alignment.

Founding and Key People

Founded: 1864
Founders: Gebr. Arnhold (Arnhold Brothers)
Key People:

Kimball Brooker Jr.: Co-Head of Global Value Team and Portfolio Manager

Robert Bruno: Head of US Wealth Solutions

Jon Dorfman: Managing Principal and CIO, Napier Park Global Capital

Melanie Dow: Chief Administrative Officer

James Fellows: Co-President and CIO of FEAC

Christopher J. Flynn: Co-President of FEAC

Bill Hench: Head of Small Cap Team and Portfolio Manager

Mehdi Mahmud: President and Chief Executive Officer

Brian Margulies: Chief Financial Officer

Matthew McLennan: Co-Head of Global Value Team and Portfolio Manager

John Miller: Head and CIO of High Yield Municipal Credit Team

Jim O’Brien: Managing Principal, Napier Park Global Capital

David O'Connor: General Counsel

Frank Riccio: Head of Sales and Strategic Relationships

Headquarters

Location: New York, New York

Employees

Number of Employees: 614 employees, including 149 investment professionals

Revenue

No information is available

Known For

First Eagle is known for its prudent stewardship of client capital across various market cycles, macroeconomic conditions, and disruptive events, with a strong emphasis on investment-led culture and long-term client outcomes.

Products

Product Offerings

Equity Strategies

Global Value

US Small Cap

Fixed Income & Currencies

Currency Management

High Yield

Investment Grade

Short-Term Liquidity

Sovereign Debt

US Municipals

Alternative Credit

Asset-Based Lending

CLO Equity & Debt

European Bank Loans

European CLO Management

European Credit

Global Credit Derivatives

US Leveraged Loans

US CLO Management

US Direct Lending

US Mortgage & Consumer

Real Assets

Aviation

Gold

Industrial Equipment

Listed Real Assets

Railcar

Renewable Energy

Key Features

Equity Strategies: Focus on long-term growth, resilient portfolios of stocks, fundamental analysis, and disciplined investment approach.

Fixed Income & Currencies: Emphasis on generating income through investment grade and non-investment grade securities using rigorous underwriting.

Alternative Credit: Provides exposure to less traditional credit markets, focusing on differentiated sources of risk and return.

Real Assets: Investments in essential long-duration physical assets, aimed at capital growth over time.

Recent Developments

New Products and Features

High Yield Municipal Fund

Focused on high-yield municipal bonds, designed to capture attractive long-term opportunities.

Short Duration High Yield Municipal Fund

Offers a strategic investment in short-duration high-yield municipal bonds for reduced interest-rate sensitivity.

Partnerships and Expansion

Acquisition of Napier Park Global Capital

Significantly broadened its alternative credit capabilities (2022).

New Strategic Hires

Addition of key members like Frank Riccio (Head of Sales and Strategic Relationships) strengthens the firm's distribution expertise.

Corporate Social Responsibility and DE&I

First Eagle emphasizes diversity, equity, and inclusion, committing to cultivating a high-performance, inclusive culture. Their CSR efforts focus on financial literacy, community involvement, and minimizing their environmental footprint through sustainable practices.

Final Notes

This report captures First Eagle Investments' strong heritage, disciplined investment philosophy, and continuous expansion in various asset classes and strategies. The firm remains dedicated to client-centered outcomes while fostering an inclusive, diverse work environment.