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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
- An investment adviser (or subadviser) to an investment company
Number of Employees 312 1.63%
of those in investment advisory functions 190 1.60%
Registration SEC, Approved, 11/21/2013
AUM* 300,897,738,311 3.09%
of that, discretionary 300,011,779,722 3.12%
Private Fund GAV* 5,464,131,745 8.24%
Avg Account Size 2,686,586,949 4.01%
SMA’s Yes
Private Funds 17 2
Contact Info 212 xxxxxxx
Websites

Client Types

- Investment companies
- Pooled investment vehicles
- Charitable organizations
- Insurance companies
- Corporations or other businesses not listed above
- Other

Advisory Activities

- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
291B 249B 208B 166B 125B 83B 42B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeSecuritized Asset Fund Count11 GAV$4,075,255,440
Fund TypeOther Private Fund Count6 GAV$1,388,876,305

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Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker464287242 Stock NameISHARES IBOXX INVESTMENT GRADE $ Position$1,005,034,604 % Position63.00% $ Change21.00% # Change15.00%
Stck Ticker464288513 Stock NameISHARES IBOXX H/Y CORP BOND $ Position$302,176,769 % Position19.00% $ Change4.00% # Change0.00%
Stck Ticker92206C813 Stock NameVANGUARD LONG TERM CORPORATE BOND $ Position$49,436,578 % Position3.00% $ Change8.00% # Change1.00%
Stck Ticker78464A367 Stock NameING SPDR BLOOMBERG BARCLAYS LONG TERM ET $ Position$34,837,512 % Position2.00% $ Change7.00% # Change0.00%
Stck Ticker464289511 Stock NameISHARES 10 YEAR INVEST GRADE CORP $ Position$19,962,275 % Position1.00% $ Change8.00% # Change1.00%
Stck Ticker46435G672 Stock NameISHARES CORE INTL AGGREGATE BND ET $ Position$15,960,560 % Position1.00% $ Change5.00% # Change1.00%
Stck Ticker92206C870 Stock NameVANGUARD INTERMEDIATE TERM CORPORA $ Position$9,983,000 % Position1.00% $ Change7.00% # Change2.00%
Stck Ticker921937793 Stock NameVANGUARD LONG TERM BOND INDEX FUND $ Position$9,990,093 % Position1.00% $ Change8.00% # Change1.00%
Stck Ticker922042742 Stock NameVANGUARD TOTAL WORLD STOCK INDEX F $ Position$10,497,690 % Position1.00% $ Change8.00% # Change2.00%
Stck Ticker464288257 Stock NameISHARES MSCI ACWI ETF $ Position$10,496,490 % Position1.00% $ Change8.00% # Change2.00%

Brochure Summary

Overview

NYL Investors LLC (“NYL Investors” or the “Firm”) is a direct, wholly-owned subsidiary of New York Life Insurance Company (“New York Life”). NYL Investors provides a broad array of investment advisory services to: affiliated insurance companies’ general and separate accounts and other affiliated corporate entities; third-party institutional clients; investment companies; and other pooled investment vehicles (see “Types of Clients” section below). Prior to the formation of NYL Investors in October 2013, our investment groups operated as part of New York Life Investment Management LLC (“NYLIM”) which is an indirect wholly-owned subsidiary of New York Life. NYL Investors is comprised of the following investment groups: (i) Fixed Income Investors (ii) Real Estate Investors and (iii) Private Capital Investors. Through these investment groups, the Firm offers advisory services which may be tailored to meet a client’s needs. For example, a client may prohibit the purchase of specific securities, or may prohibit the purchase of securities within a specific sector or industry. Client imposed restrictions are detailed in the client’s investment advisory agreement. As of December 31, 2023, NYL Investors had the following client assets under management: $300,011,779,723 on a discretionary basis, and $885,958,589 on a non-discretionary basis. Total assets under management are $300,897,738,311. Fixed Income Investors NYL Investors’ Fixed Income Investors Group (“FII”) offers fixed income advisory services. FII has expertise in most major U.S. dollar fixed income sectors including: investment grade corporate bonds, mortgage-backed securities, asset-backed securities, government securities, high yield bonds, floating rate loans, and traditional private placements or under Rule 144A of the Securities Act of 1933 for a wide range of sectors. NYL Investors serves as collateral manager for a series of collateralized loan obligation vehicles (“CLOs”). NYL Investors also serves as subadviser to third party CLO/CDO for which its affiliated investment adviser, NYLIM, serves as collateral manager. FII employs a team-oriented approach to managing fixed income portfolios for affiliated and unaffiliated clients in the institutional markets. Using a combination of top-down fundamental analysis and bottom-up credit research, FII seeks to construct diversified portfolios that are designed
to deliver consistent performance and stability. This is accomplished by striving to add incremental excess return while avoiding principal loss. Real Estate Investors NYL Investors’ Real Estate Investors Group (“REI”) offers real estate debt and equity advisory services to our parent company, New York Life and its affiliates, and to third-party investors through our pooled real estate investment funds and separate accounts. With respect to real estate-related debt products, REI’s capabilities and services include origination, underwriting, closing and loan management of commercial mortgage loans, mezzanine, bridge, construction financing and structured debt investments, underwriting, acquisition and monitoring of commercial mortgage-backed securities and unsecured REIT bonds in a collaborative effort with FII. REI also provides acquisition, disposition and asset management services with respect to real estate equity investments for New York Life and its affiliates, and for third party investors through pooled real estate investment funds and customized separate accounts. Additionally, within the real estate asset class, REI identifies and underwrites investments in third party- sponsored real estate equity and debt funds and low-income housing tax credit (“LIHTC”) funds. Lastly, REI provides advisory and asset management services to New York Life for its corporate properties and for its leased properties. Private Capital Investors NYL Investors’ Private Capital Investors Group (“PCI”) offers financing solutions in the private placement market to public and private companies, endowments, charitable institutions, and cooperatives. PCI has specialized industry sector expertise in the infrastructure, utilities, oil and gas, REITs, sports, not-for-profits and media sectors. Deals are typically sourced either through placement agents in syndicated transactions or on a bilateral basis through PCI team members’ direct relationships with senior management at the issuer company. Team members are responsible for ongoing portfolio monitoring. PCI employs a clearly defined investment process which is consistently executed and managed by experienced professionals to seek to achieve optimal results. Bottom-up fundamental research provides the basis for investment selection combined with a long-term orientation focused on the ability to withstand multiple economic cycles.