First Eagle Investments
First Eagle Investments is an independent, privately owned investment management firm headquartered in New York with approximately $176 billion in assets under management as of September 30, 2025.* Dedicated to providing prudent stewardship of client assets, the firm focuses on active, fundamental, and benchmark-agnostic investing, with a strong emphasis on downside mitigation. With over 15 years of experience managing assets on behalf of insurers, First Eagle is focused on meeting their unique portfolio and servicing needs through bespoke investment solutions and a dedicated insurance coverage team. The firm’s investment capabilities for the insurance market include alternative credit, fixed income, and global equities.
All figures related to assets under management (AUM) are preliminary figures based on management’s estimates and as such are subject to change.
* The total AUM represents the combined AUM of (i) First Eagle Investment Management, LLC, its subsidiary investment advisers, First Eagle Separate Account Management, LLC, First Eagle Alternative Credit (“FEAC”), (ii) Napier Park Global Capital (“Napier Park”), another subsidiary investment adviser and (iii) Regatta Loan Management LLC, an advisory affiliate of Napier Park as of 30-Sep-2025. It includes $3.3 billion of committed and other non-fee-paying capital from Napier Park Global Capital, inclusive of assets managed by Regatta Loan Management LLC and $1.1 billion of committed and other non-fee-paying capital from First Eagle Alternative Credit, LLC. Effective 5-Sep-2025, the investment activities of Napier Park Global Capital and First Eagle Alternative Credit (FEAC) have been aligned under Napier Park’s management and brand. First Eagle Alternative Credit, LLC is a distinct registered investment advisor within the Napier Park platform, acting in sub-advisory capacity to a number of First Eagle’s registered funds.
Katie Cowan
Head of Insurance Client Solutions
katie.cowan@firsteagle.com(310) 893-2440
