What we do:

First Eagle is an independent, privately owned investment management firm headquartered in New York with approximately $124 billion in assets under management (as of December 31, 2022). Throughout a heritage that dates to 1864, the firm has sought to generate attractive real returns for our clients over the long term. This tradition remains central to our mission today, guided by a set of core investment tenets that sustains our culture while also allowing philosophical autonomy among our talented portfolio management teams. First Eagle’s range of actively managed equity and equity-oriented, public, and private credit, multi-asset and alternative strategies reflect our dedication to disciplined and unconventional thinking, a global perspective, and the long-term alignment of interests.

What drives us:

At First Eagle, clients come first, always. To deliver on this commitment, we nurture an environment that attracts, develops, and retains a talented, inclusive workforce. We also aim to inspire each of our employees to do their life’s best work with us and for our clients. We have built a culture that promotes equity, diversity, and respect, and holds every member of the organization to the highest standards of integrity and accountability.

Program description:

The First Eagle Summer Internship Program is a ten-week program based in New York for rising Juniors who are in the process of completing their undergraduate degree in 2025. The program will commence in June and will provide students with an immersive and rewarding professional experience. This internship will offer students the opportunity to receive hands-on experience working alongside employees and understand the inner workings of an investment management firm with a legacy committed to attractive real returns for clients over the long term.

Fund Administration: This individual will be involved in preparing daily cash availability, analyzing daily P&L and estimated NAVs and reconciling and analyzing exception-based records such as: cash, receivables, payables, and income statement items. In addition, they will assist with the preparation of SEC filings, review and coordinate Fund invoice payments, and assist with regulatory and control documentation. In this role, the individual will have the opportunity to collaborate with colleagues across the firm.

The qualities you should have:

• 3.0 GPA or higher
• Exceptional written and verbal communication skills
• Dedicated work ethic and high attention to detail
• Excellent problem-solving and analytical skills, plus proficiency in excel
• Passion for finance and learning about the asset management industry

Base Salary (hourly rate): $31.25

First Eagle Investment Management, LLC (FEIM) is an Affirmative Action and Equal Opportunity Employer.  Equal Employment Opportunity has been, and will continue to be, a fundamental principle at FEIM, where employment is based upon personal capabilities and qualifications without regard to race, color, religious belief, including dress and grooming practices, sex, sexual orientation, gender identity, gender expression, age, national origin, marital status, citizenship, disability, veteran status, pregnancy, breastfeeding or medical conditions related to breastfeeding, status as a victim of domestic violence, sexual assault, or stalking, or any other basis protected by applicable federal, state or local law, genetic information or characteristics (or those of a family member), or any other protected characteristic as established by law.