With over 100 years in business, New York Life Real Estate Investors1 is the real estate debt and equity investment arm of NYL Investors LLC, which is a wholly-owned subsidiary of New York Life Insurance Company.
NYL Investors has primary responsibility for managing the fixed income assets of its parent company New York Life Insurance Company as well as third party assets in select classes including real estate. NYL Investors, including certain affiliates, has approximately $268 billion in assets under management2 as of September 30, 2020, of which $60 billion is managed by Real Estate 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, Real Estate 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 New York Life Investment Management LLC & NYL Investments.
3Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune Magazine, 5/18/20. For methodology, please see http://fortune.com/fortune500/.
4Source: Moody’s Credit Opinion (Aaa), September 2019. S&P Rating Report (AA+), August 2019. Fitch Rating Report (AAA), May 2019. AM Best Rating Report (A++), July 2019. Ratings are based on the financial strength of New York Life and apply only to Guaranteed Products.