First Eagle Investment to acquire NewStar Financial.

First Eagle Investment has acquired NewStar Financial, an established lender and investment manager specializing in direct lending to middle-market companies and management of broadly syndicated loans. “We are very pleased to add NewStar, a high-quality alternative credit manager that will broaden our investment lineup for both institutional and retail investors. NewStar has a track record of prudent lending that dates back to before the global financial crisis of 2007-2008. Given where we are in the credit cycle, we think thoughtful investors will find NewStar’s approach compelling. We look forward to delivering middle-market direct lending and broadly syndicated loan solutions to investors searching for sources of meaningful and sustainable income.” Mehdi Mahmud, First Eagle Investment president and CEO.