In December 2017, First Eagle Investment Management acquired NewStar Financial, bringing together NewStar's proven direct lending platform and credit investment capabilities with First Eagle's established asset management business. Direct lender. Alternative asset manager. At NewStar, we combine these two strategically complementary businesses into one firm with more than $7 billion of assets and a long-term track record of financing acquisitions for private equity firms. As a direct lender focused on the middle market, NewStar helps these sophisticated clients achieve their investment objectives in the fast-paced world of M&A. Since our founding in 2004, we have worked with more than 250 different private equity firms on more than 650 deals totaling over $13 billion of financing commitments.