Sun, Sep 13, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

NYLIM taps Kirk Lehneis for MainStay Funds

Thursday, September 28, 2017
Opalesque Industry Update - New York Life Investment Management (NYLIM), the global asset management business of New York Life, announces the appointment of Kirk Lehneis as president of its MainStay Funds. Mr. Lehneis assumes this responsibility, in addition to serving as chief operating officer of NYLIM.

Yie-Hsin Hung, chief executive officer of NYLIM, said, "We are delighted that Kirk will be taking on the role of president of the MainStay funds as we continue to strengthen our mutual fund product offering. Over his career, Kirk has proven to be an able steward for our investing shareholders and has made significant contributions to the company's success. We look forward to his leadership in developing and expanding MainStay's lineup of mutual funds."

On his appointment, Mr. Lehneis added, "It's a privilege to take on leadership of the MainStay fund family during a time of great change in our industry. Backed by our network of independent asset managers and the financial strength of our mutual insurance company parent, I'm confident in our ability to serve the needs of our distribution partners and investors, and deliver innovative investment solutions that deliver long-term value."

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  3. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  4. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m