First Eagle Investments has historically pursued strategic, targeted acquisitions to expand its multi-asset capabilities and distribution footprint. Notably, First Eagle acquired Lombard Odier Investment Managers' U.S. institutional business and completed other strategic transactions, such as its acquisition of Russell Investments' index and multi-asset capabilities in prior years (or related boutique asset managers) to bolster its specialized credit, international equity, and institutional wealth management offerings. These deliberate acquisitions align with the firm's goal of scaling diversified investment solutions for its global client base.