Publications

New York Life launches new funds as part of MainStay Fund lineup
Fundraising - FEBRUARY 24, 2020

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

New York Life launches new funds as part of MainStay Fund lineup

by Kali Persall

New York Life Investments is bringing additional alternative investment funds into its MainStay Fund lineup through a strategic partnership with CBRE Global Investors. The partnership includes the launch of two mutual funds: the MainStay CBRE Real Estate Fund and the MainStay CBRE Global Infrastructure Fund, both subadvised by CBRE Clarion Securities, the listed securities investment management arm of CBRE Global Investors.

“As we navigate late-cycle economic conditions, investors are increasingly seeking real assets strategies that offer an attractive combination of income, stability and growth potential over the long term,” said Kirk Lehneis, COO of New York Life Investment Management. “We are thrilled to partner with CBRE, a real assets industry leader, to bring to market institutional-quality alternatives strategies that align with our clients’ portfolio construction needs.”

The MainStay CBRE Real Estate Fund invests in REITs, real estate owners, real est

Forgot your username or password?