First Eagle Investments Acquires Diamond Hill Investment Group

Victory Capital to Acquire First Eagle Investments

August 26, 2026

Wealth Management

Victory Capital agreed to acquire 100% of First Eagle Investments from Genstar Capital and First Eagle employees for approximately $7 billion, comprising about $4.4 billion in cash, $2 billion in newly issued Victory Capital equity, and assumption of $575 million in debt. The acquisition is expected to expand Victory Capital’s investment capabilities, alternative-credit platform, scale and distribution reach; it is expected to close by the end of the first quarter of 2027, subject to approvals and client consents.

Genstar Capital Acquires Majority Stake in First Eagle Investments

August 18, 2025

Financial Services

Genstar Capital has closed a majority investment in First Eagle Investments, a New York–based independent investment management firm with approximately $161 billion in assets under management. The deal marks the exit of prior majority owners Blackstone and Corsair and is intended to accelerate First Eagle’s expansion of investment capabilities and client reach while preserving the firm’s independence and management ownership stake.

Mizuho Financial Group Acquires Greenhill & Co.

May 22, 2023

Financial Services

Mizuho Financial Group agreed to acquire Greenhill & Co., Inc. in an all-cash transaction at $15 per share, implying an enterprise value of about $550 million including assumed debt. Greenhill will operate as Mizuho's M&A and restructuring advisory business with its brand and leadership retained, adding roughly 370 employees to Mizuho and accelerating the bank's investment banking growth strategy.

Global Eagle Entertainment Sold to First‑Lien Investor Group Following Chapter 11

March 23, 2021

Telecommunications

Global Eagle Entertainment completed a court‑approved sale of substantially all of its assets to a group led by its first‑lien investors, emerging from Chapter 11 with new ownership and $217.5 million of exit financing. The transaction reduced the company's debt, provided fresh liquidity, and refocused operations on mobility markets (aviation, maritime and energy), while its legacy NGO and African fixed‑site land operations were sold to Marlink AS.

First Eagle Investment Management Acquires THL Credit

December 8, 2019

Financial Services

First Eagle Investment Management has entered into a definitive agreement to acquire THL Credit, an alternative credit manager with roughly $17 billion in assets under management. The deal expands First Eagle’s alternative credit capabilities and scale, creating a combined platform with approximately $23 billion in assets under management and advisement upon closing.

Centre Lane Partners Acquires Eaglehill's Middle-Market Loan Portfolio

April 9, 2019

Financial Services

Centre Lane Partners and a Centre Lane-managed vehicle closed a transaction merging with Eaglehill Capital Partners L.P., with Centre Lane appointed manager of the middle‑market loan portfolio previously managed by Eaglehill Advisors. The deal provides Eaglehill Fund limited partners flexibility to exit or continue with the underlying portfolio while consolidating portfolio management under Centre Lane.