First Eagle Separate Account Management

The firm follows a value-oriented, defensive investment approach emphasizing capital preservation and long-term growth. It focuses on quality businesses with strong balance sheets and predictable cash flows, avoiding speculative or high-growth sectors. This philosophy is grounded in the broader First Eagle Investment Management legacy dating back to 1864.

First Eagle Separate Account Management LLC is a separate legal entity registered as an RIA, specifically serving separately managed account clients. The broader First Eagle Investment Management includes mutual funds, institutional accounts, and other products. The separate account arm offers customized portfolios and direct client relationships, while the parent firm provides integrated investment solutions across vehicles.

The firm serves institutional clients such as pension funds, endowments, foundations, and high-net-worth individuals. It manages customized separate accounts tailored to client-specific mandates and risk preferences. The client base is focused on those seeking active management with a capital preservation bias.

First Eagle Separate Account Management invests primarily in equities, fixed income, and cash equivalents. Its equity allocations focus on value-oriented stocks with strong fundamentals, while fixed-income strategies emphasize credit quality and income generation. The firm does not invest in venture capital, private equity, or alternatives outside these core asset categories.