New York Life Investment Management

New York Life Investment Management (NYLIM) is the investment management arm of New York Life Insurance Company — the largest mutual life insurance company in the United States and one of the most financially sound insurance organizations in the world — managing approximately $700 billion in assets across fixed income, equity, multi-asset, and alternative investment strategies for institutional and individual investors. As part of New York Life — founded in 1845 and with more than 175 years of continuous financial service — NYLIM benefits from the institutional stability, permanent capital, and long-term investment orientation of one of America's most financially sound and conservatively managed insurance companies. According to its website at nylim.com, NYLIM's investment capabilities are delivered through a family of specialized investment boutiques including MacKay Shields, Apogem Capital, NYL Investors, IndexIQ, and other specialist managers that collectively provide a comprehensive range of investment solutions.

NYLIM's boutique investment model, described at nylim.com, enables each specialized investment team to maintain the investment independence and focused expertise that produces superior results within their specific strategy domains, while benefiting from the institutional resources, client relationships, and financial stability of the New York Life organization. MacKay Shields — NYLIM's fixed income and multi-asset investment boutique — is one of the most experienced and respected fixed income investment managers in the United States, with deep expertise in investment-grade corporate credit, high yield bonds, municipal bonds, and multi-sector fixed income strategies developed over decades of institutional fixed income management. Apogem Capital provides institutional investors with access to private markets alternatives including private credit, private equity, and real assets, extending NYLIM's investment capabilities into the growing private markets investment management sector.

NYLIM's connection to New York Life Insurance Company provides its investment platform with distinctive advantages including access to New York Life's large general account investment portfolio as a reference point for fixed income and real asset investment, the institutional credibility of association with one of the most financially trusted insurance brands in America, and the long-term investment orientation that comes from managing assets on behalf of life insurance policyholders with multi-decade investment horizons. According to nylim.com, NYLIM's investment boutique model and New York Life backing combine to create an investment management organization that balances specialized investment expertise with institutional scale, financial stability, and long-term investment discipline. NYLIM's combination of $700 billion in AUM, fixed income heritage through MacKay Shields, private markets capabilities through Apogem, New York Life institutional backing, and boutique investment model establishes it as a distinctive and highly capable investment management organization.