Genstar Capital Acquires Majority Stake in First Eagle Investments

August 18, 2025

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.

Targets
First Eagle Investments
Sellers
Blackstone, Corsair
Location
New York, United States
Transaction Type
Buyout

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