In a year when financial firms continue to fight for top-tier talent, First Eagle Investments has once again landed on Pensions & Investments’ “Best Places to Work in Money Management” list—its third consecutive recognition. The firm earned a spot in the Major Employers category (500–999 employees) as part of P&I’s 14th annual survey, which measures what “great workplace” actually means inside an industry that rarely pauses for breath.
With competition intensifying across investment management, First Eagle’s repeat recognition marks more than just a morale boost. It signals the firm’s ability to cultivate a workplace culture that attracts, develops, and retains high-performing teams—an increasingly crucial differentiator in markets shaped by digital transformation, product innovation, and evolving client expectations.
Culture as Strategy
For First Eagle President and CEO Mehdi Mahmud, the award illustrates the firm’s core philosophy: that culture isn’t ornamental; it’s structural.
“We believe this reflects the collaborative spirit that defines our culture, which continuously attracts, develops and retains exceptional talent,” Mahmud said. He emphasized the importance of an environment that is collegial, collaborative, and results-oriented, where individual contributions feed directly into clients’ long-term goals.
Nancy Labiner, Chief Human Resources Officer, echoed the sentiment, underscoring First Eagle’s people-first philosophy.
“It’s inspiring to see how our focus on growth and inclusion continues to drive progress in an environment where employees feel valued, encouraged and empowered to succeed.”
At a time when flexible work models, cross-functional collaboration, and employee well-being have become table stakes across financial services, First Eagle’s approach aligns closely with broader human capital trends shaping the industry.
How the Award Is Decided
P&I partners with the Workforce Research Group to evaluate firms through a two-part process:
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Employer Questionnaire (20%)
Policies, benefits, culture, systems, and organizational practices. -
Employee Survey (80%)
Anonymous employee feedback about real day-to-day experience.
Because the bulk of the score depends on employees themselves, the list serves as a rare, industry-specific signal of internal culture strength—a metric firms increasingly leverage to compete for skilled professionals in asset management, quant roles, and technologically evolving functions.
Why Recognition Matters Now
Workplace culture has emerged as a notable competitive edge in investment management. With firms modernizing data infrastructure, building new digital platforms, and managing global market volatility, talent is increasingly the determining factor in sustained performance.
First Eagle’s three-year streak suggests it has found a repeatable formula: a culture that blends high standards with meaningful support systems, creating a runway for both employee and client success.
P&I’s full 2025 list is available on its website, offering a snapshot of the firms setting the pace in workplace excellence across the sector.
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