Private Capital Investors1 is the private debt investment arm of NYL Investors LLC, which is a wholly-owned subsidiary of New York Life Insurance Company.
Formed in October 2013, NYL Investors has primary responsibility for managing the fixed income assets of its parent company New York Life. NYL Investors, including certain affiliates, has approximately $259 billion in assets under management2 as of December 31, 2019 of which approximately $44 billion is managed by Private Capital Investors.
Our parent company, New York Life, was founded in 1845 and is a Fortune 100 company.3 It is one of the largest mutual life insurance companies in the United States, holding the highest ratings for financial strength currently awarded to any U.S. life insurer.4
Below is a snapshot of our organizational structure.
1Prior to the formation of NYL Investors, Private Capital Investors operated as an investment division of New York Life Investment Management, LLC which is an affiliated investment adviser.
2Assets Under Management represent the combined fixed income assets of NYL Investors LLC and New York Life Investment Management LLC, an affiliated advisor. AUM for Real Estate Investors also includes assets under administration.
3Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance, Life, Health (Mutual),” Fortune magazine, June 2019. For methodology, please see http://fortune.com/fortune500/.
4Moody’s Rating Report, September 2019. S&P Rating Report, August 2019. Fitch Rating Report, May 2019. AM Best Rating Report, July 2019. The financial strength and ratings of New York Life do not apply to any investment products as they are subject to market risk and will fluctuate in value. The information contained on this page is for general informational purposes and is subject to change without notice.