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New York Life Partners with CBRE GI on Investment Funds

New York Life Investments will bring additional alternative investment funds into its MainStay Fund lineup via 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 sub-advised by CBRE Clarion Securities.

“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.

The MainStay CBRE Real Estate Fund invests in REITs, real estate owners, real estate managers, real estate brokers, real estate dealers, and companies with substantial real estate holdings. The MainStay CBRE Global Infrastructure Fund invests in a globally diversified portfolio of securities issued by infrastructure companies.

Pictured: New York Life Investments headquarters in Jersey City.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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