Victory Capital acquires First Eagle to bolster alts credit offering
Wednesday, August 26, 2026 · first reported by Alternative Credit Investor and 1 other
Victory Capital agreed to acquire 100% of First Eagle Investments for $7.0B ($4.4B cash, $2.0B equity, $575M debt assumption), adding First Eagle's $222B in AUM including a $41B CLO and alternatives platform; combined entity expects $571B client assets and close by end-Q1 2027.
- Firm
- Victory Capital
- Also named
- First Eagle Investments
- Deal value
- $7B
- People
- David Brown
- Asset class
- Credit
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
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