MacKay Shields
Overview
MacKay Shields is an investment management firm specializing in fixed income and equity strategies for institutional clients. Founded in 1938 and acquired by New York Life Insurance Company in 1984, the firm has grown to manage approximately $158 billion in assets as of September 30, 2025. With a team of 176 employees, MacKay Shields operates offices in New York City, Princeton, and Los Angeles, offering a range of investment products including mutual funds, separate accounts, and alternative strategies. The firm's disciplined approach to research and portfolio management leverages deep market knowledge and robust risk management techniques to help clients achieve their financial objectives. MacKay Shields' commitment to delivering consistent, competitive investment results has earned it a reputation for expertise and long-term client partnerships in the ever-evolving financial landscape. The firm's values emphasize a strong commitment to both clients and employees, fostering a culture of collaboration, innovation, and professional development. MacKay Shields' investment teams utilize research-intensive processes, focusing on less efficient markets to generate alpha across strategies. The firm is also dedicated to community engagement through volunteering and service, reflecting its commitment to social responsibility. As a subsidiary of New York Life Investment Management, MacKay Shields benefits from the resources and stability of one of the largest insurance companies in the United States, enhancing its ability to serve a diverse range of institutional clients across various asset classes and investment stages. The firm's global reach and comprehensive investment solutions position it as a significant player in the investment management industry, catering to the complex needs of institutional investors worldwide. MacKay Shields' strategic focus on growth, late-stage, pre-IPO, buyout, turnaround, and distressed investments across multiple industries and geographies underscores its versatility and depth in managing diverse investment portfolios. The firm's extensive experience and research-driven approach enable it to navigate various market cycles effectively, providing clients with tailored investment solutions that align with their specific financial goals and risk profiles. MacKay Shields' dedication to excellence and client satisfaction continues to drive its success and reputation in the investment management sector.
Investment Focus
- Institutional investors
- Accredited investors
Portfolio Companies
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Unlock full contacts →Frequently asked questions about MacKay Shields
What sectors does MacKay Shields invest in?
MacKay Shields invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Industrials, and is based in New York, United States. MacKay Shields is listed as a institutional investor in the ConnectSafely investor database.
What stage does MacKay Shields invest at?
MacKay Shields backs companies at Growth, Late Stage, Pre-IPO, Buyout, Turnaround and Distressed, writing cheques of 1M - 1B.
Which regions does MacKay Shields invest in?
MacKay Shields invests across United States, United Kingdom, Canada, Hong Kong, Japan and Australia.
What companies has MacKay Shields invested in?
MacKay Shields's portfolio includes Johnson & Johnson, Apple Inc., Microsoft Corporation, Amazon.com Inc., Berkshire Hathaway Inc., Visa Inc., Procter & Gamble Co. and Merck & Co., Inc..
Last updated · Source: ConnectSafely investor database
