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December 11, 2025

Willkie is representing First Eagle Investments in its acquisition of Diamond Hill Investment Group, Inc. (Nasdaq: DHIL), a boutique investment management firm, in an all-cash transaction valuing the company at approximately $473 million.

On December 11, First Eagle and Diamond Hill announced that they entered into a definitive agreement under which First Eagle will acquire all outstanding shares of Diamond Hill for $175 per share. Upon completion of the transaction, Diamond Hill shares will no longer trade on Nasdaq. 

Willkie previously advised Genstar Capital on its majority investment in First Eagle Investments in August 2025. 

First Eagle Investments is an independent, privately owned investment management firm headquartered in New York with approximately $176 billion in assets under management as of September 30, 2025.

The Willkie team is led by partners Manuel Miranda and Augustine Donati.