First Eagle Investments, an independent, privately owned investment management firm, announced it has signed a definitive agreement under which private equity funds managed by Genstar Capital — a private equity firm focused on investments in targeted segments of the financial services, software, healthcare and industrials industries — will make a majority investment in the company.
With investment capabilities that include equity, fixed income, alternative credit and multi-asset strategies, First Eagle focuses on active, fundamental and benchmark-agnostic investing, with a strong emphasis on downside mitigation, in its efforts to help clients avoid permanent impairment of capital and earn attractive returns through widely varied economic cycles. The transaction with Genstar will bolster First Eagle’s current business strategy of investing in its core business while thoughtfully expanding the range of high-quality, differentiated investment solutions it is able to offer