The firm is stepping into a new chapter of growth, while staying true to its independence and investment-driven culture
First Eagle Investments (“First Eagle”), a privately owned and independent investment management firm, has officially closed on a majority investment from Genstar Capital (“Genstar”), a private equity firm known for supporting leaders in financial services, software, healthcare, and industrials.
Financial Technology Insights: Amplify Launches QuantumRisk™ to Redefine Risk Assessment
First announced in March, the partnership marks an important chapter in First Eagle’s journey one that reflects both its growth and its vision for the future.. It strengthens the firm’s ability to invest in its core business while also expanding the range of high-quality, differentiated investment solutions it provides to clients around the world.
By the end of June 2025, First Eagle was entrusted with managing around $161 billion on behalf of its clients covering equities, fixed income, alternative credit, and multi-asset strategies. What sets the firm apart is its signature approach: investing without being tied to benchmarks, and always with a sharp focus on protecting the downside
“We see this as a truly exciting moment for First Eagle,” shared Mehdi Mahmud, President and Chief Executive Officer, reflecting the optimism and confidence driving the firm forward.. “Genstar’s partnership gives us the opportunity to grow faster and smarter expanding our investment capabilities and reach while staying true to who we are: an independent, client-focused firm. Our clients can expect the same commitment to delivering strong outcomes, with the added benefit of the resources and expertise Genstar brings.”
Financial Technology Insights: Lincoln Adds Cap Lock & Nasdaq Priva™ to Annuities
Tony Salewski, Managing Partner at Genstar Capital, echoed the sentiment: “We’ve always admired First Eagle’s thoughtful, long-term approach and its dedication to clients. As of June 30, 2025, First Eagle manages roughly $161 billion on behalf of its clients across equities, fixed income, alternative credit, and multi-asset strategies. What truly differentiates the firm is its hallmark approach: staying independent of benchmarks while keeping downside protection at the core of every decision.
This new chapter also brings to a close a successful 10-year partnership with Blackstone and Corsair, who first invested in First Eagle back in 2015. Over nearly a decade together, First Eagle broadened its product lineup—most notably adding alternative credit capabilities and significantly expanded its global reach across both institutional and wealth management channels.
Financial Technology Insights: FUTR & FinWise Hit 1M+ Transactions, $380 Million Payments
Looking ahead, First Eagle’s leadership team will remain firmly at the helm, continuing to oversee daily operations and set the firm’s strategic direction. Importantly, the investment philosophy and culture of its teams remain unchanged. First Eagle’s leadership continues to hold a significant ownership stake—showing their genuine commitment to the firm’s long-term success as they move into this next chapter of growth with Genstar.
To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com