The international investment management firm First Eagle Investment Management, LLC ("FEIM") serves as the adviser to the First Eagle Funds as well as offering a variety of other investment services. Among their clients are corporations, foundations, endowments, major retirement programs and individuals. The firm, which has its corporate offices on the Avenue of the Americas in New York, employs approximately 168 professionals and has approximately $79 billion under management, as of March 31, 2013.
First Eagle Investment Management, which first gained prominence in the 19th century as a catalyst of industrial development in Germany and other European countries, continues to draw on its strong sense of tradition, commitment to excellence and thorough understanding of the investment process to serve its clients the world over.
|1803||S. Bleichröder founded in Berlin.|
|1864||Gebr. Arnhold (Arnhold Brothers) founded in Dresden.|
|1931||Gebr. Arnhold combined with S. Bleichröder.|
|1937||All business activities moved to New York City under the name S. Bleichröder.|
|1939||Firm name changed to Arnhold and S. Bleichroeder|
|1967||Established firm's first offshore fund, First Eagle Fund N.V.|
|1987||Established firm's first U.S.-registered mutual fund, First Eagle Fund of America|
|1995||Firm became SEC-registered investment adviser|
|1999||Acquired a majority share of Société Générale Asset Management Corp., forming what is now our Global Value Team|
|2002||Sold investment banking and global securities businesses to focus exclusively on investment management|
|2009||Renamed firm First Eagle Investment Management|
|2011||Established our High Yield Team|
|2012||Established our Global Income Builder Team|
First Eagle Investment Management is committed to nurturing an investment-centric culture with a long-term, global perspective. We view ourselves as a firm of investors, not asset-gatherers. As such, our interests are closely aligned with those of our clients; we measure our success by the same standard: consistently strong long-term performance.
First Eagle strives at all times to preserve the high standards we have maintained over our 200-year history: a record of unquestioned integrity, a work environment that fosters excellence and dedication, and the earned respect of our clients and peers.
The First Eagle family of funds, including Global Fund, Overseas Fund, U.S. Value Fund, Gold Fund, Global Income Builder Fund, First Eagle Fund of America and High Yield Fund, provides a fully complementary range of value-oriented investment options across the capital structure. While each fund has its own distinct investment mandate, all share a focus on discovering well-managed, undervalued or overlooked companies, as well as special situations.