First Eagle Expands Global Wealth Management Presence
The firm is targeting family office capital with new hires in London and the Middle East and a Swiss office.
Updated on Oct. 29, 2026 in Corporate Finance
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First Eagle Investments is expanding its international wealth business to attract family office capital into private credit strategies. This growth includes new personnel in London and the Middle East as well as a new physical presence in Switzerland.
Why it matters
The firm is shifting toward a more targeted approach within the wealth sector to capture high-net-worth capital flows. This move aligns with broader efforts to integrate specialized private credit strategies into its global offerings.
First Eagle Investments manages a total of $217 billion in assets. This figure represents the firm's total capital base currently deployed across its investment strategies.
The players
First Eagle Investments
An independent investment management firm that oversees a diverse portfolio of global assets.
Victory Capital
A global asset management firm that has entered into a definitive agreement to acquire First Eagle Investments.
Rémi Casals
A senior professional who joined First Eagle Investments in May 2025 to support its international expansion.
The details
The expansion effort is led by new talent hired in London and the Middle East, while the new Swiss office serves as a strategic hub for regional operations. The company intends to leverage these resources to bridge the gap between private credit opportunities and sophisticated family office investors.
Timeline
May 2025: Rémi Casals joined the firm to help lead expansion efforts.
October 29, 2026: Official details regarding the firm's growth initiatives were published.
Market Dynamics
First Eagle's geographic expansion aligns with the regulatory requirements set by the European Union's AIFMD regulation, which governs how firms market private credit strategies to institutional and family office clients in Europe.
Private investors and family offices may see increased access to specialized private credit products as the firm deepens its international footprint. The pending acquisition by Victory Capital could also signal future changes to the firm's product availability and portfolio management strategies.
The takeaway
Firms are increasingly globalizing their footprint to secure capital from high-net-worth family offices. This strategy emphasizes the growing importance of private credit as a standard component of institutional-grade portfolios.
Further reading
Learn more about the latest industry shifts at Corporate Finance.
Source note: This article includes information reported by FTAdviser.
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