First Eagle

First Eagle Investments is a New York-based independent investment manager with roots dating to 1864, offering a long and distinguished history as a provider of value-oriented, global investment strategies. The firm manages approximately $100 billion in assets across its global, international, income, and alternative strategies, serving institutional investors, financial advisors, and individual investors worldwide. First Eagle is known for its disciplined, research-driven investment philosophy centered on margin-of-safety investing, seeking to preserve capital and generate attractive risk-adjusted returns over the long term through rigorous fundamental analysis and patient portfolio construction. The firm is employee-controlled, with meaningful ownership by its investment professionals, ensuring alignment between firm and client interests.

First Eagle's alternative investment capabilities include private credit strategies developed through its First Eagle Alternative Capital platform, as well as specialty finance strategies offered through affiliated vehicles. The firm's credit platform focuses on providing senior secured and flexible capital solutions to middle-market companies, leveraging First Eagle's century-plus of investment experience and deep fundamental research capabilities. First Eagle Alternative Capital BDC is a business development company managed by First Eagle Alternative Credit, investing in first and second lien secured debt, subordinated debt, and equity co-investments in middle-market companies across a range of industries.

First Eagle Investments is widely recognized for its conviction-driven, long-term investment approach that has generated compelling risk-adjusted returns across multiple economic cycles. The firm's global and international equity strategies, which have historically maintained significant gold and alternative asset allocations as portfolio hedges, reflect First Eagle's distinctive philosophy of preserving purchasing power in addition to generating nominal returns. Its reputation for thoughtful, patient investing — informed by a deep understanding of downside risks and a willingness to hold cash when opportunities are scarce — has made First Eagle a trusted partner for institutional and individual investors seeking to protect and grow wealth over the long term.