First Eagle Investments Welcomes Michael Constantino as CFO
First Eagle Investments Announces New Chief Financial Officer
First Eagle Investments is excited to welcome Michael Constantino as the firm’s new Chief Financial Officer. This strategic appointment marks a significant step in supporting the growth initiatives and enhancing performance at First Eagle. Constantino is set to take on this pivotal role immediately, assisting with the company’s ongoing mission to uncover new opportunities and create value.
Michael Constantino’s Extensive Experience
With over three decades of experience in corporate finance and strategic advisory positions, Michael Constantino is well-equipped to lead First Eagle’s financial strategies. Before joining First Eagle, he served as CFO at Guggenheim Securities, where he was instrumental in the firm’s financial management and strategic growth efforts. His background also includes vital roles at Guggenheim Partners and Ally Financial, and he began his career in investment banking at Bear Stearns, focusing on M&A and corporate financings.
Strengthening Financial Leadership
Reporting directly to Mehdi Mahmud, President and CEO, Constantino will assume oversight of various teams, including Corporate Finance and Financial Planning, aligning their efforts with First Eagle’s strategic goals to bolster company growth. Mahmud expressed confidence in Constantino’s ability to navigate the complexities of the organization and drive forward its performance.
Commitment to Value Creation
In reflecting on his new position, Constantino stated his eagerness to contribute to First Eagle’s mission of delivering exceptional value to its stakeholders. He emphasized his dedication to enhancing financial strength and supporting strategic initiatives within the firm.
Transition and Future Endeavors
This leadership change is part of First Eagle’s broader strategy to enhance its leadership team in response to the evolving landscape of the asset management industry. Brian Margulies, the outgoing CFO, will transition to the newly established role of Chief Infrastructure Officer, overseeing critical areas such as Technology and Operations while collaborating closely with Constantino to ensure a seamless handover of responsibilities.
About First Eagle Investments
First Eagle Investments is a prominent independent investment management firm based in New York, with about $138 billion in assets under management. The firm prioritizes prudent stewardship of client assets, focusing on active, fundamental investing with minimal reliance on benchmarks. With roots tracing back to 1864, First Eagle aims to provide clients with strong returns and avoid capital loss across various economic conditions. Its diverse investment offerings include equity, fixed income, alternative credit, and multi-asset strategies.
Frequently Asked Questions
Who is Michael Constantino?
Michael Constantino is the newly appointed Chief Financial Officer of First Eagle Investments, bringing extensive experience in corporate finance.
What role will Constantino play at First Eagle?
He will oversee several key teams, helping to advance strategic goals and enhance the firm's financial performance.
What was Brian Margulies' previous position?
Brian Margulies was the Chief Financial Officer before being appointed as Chief Infrastructure Officer.
How long has First Eagle been in operation?
First Eagle Investments has a rich history dating back to 1864, focusing on investment management for clients.
What is the firm’s investment strategy?
First Eagle follows an active, fundamental, and benchmark-agnostic investment philosophy aimed at achieving strong returns while mitigating risks.
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