DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

NEW York Life Insurance Company Pension Plan

Corporate pensionNEW York, NY
Assets
$4.0B
Total assets, Dec 31, 2024 reported
Funded
89.0%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
24
none on the tape
Plan sponsor: Mackay Shields
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.0%
  • Non-interest-bearing cash 0.1%
  • U.S. Government securities 6.9%
  • Insurance company general account 51.3%
  • Partnership/joint venture interests 1.8%
  • Common/collective trusts 6.9%
  • Pooled separate accounts 30.2%
  • Real estate (other than employer real property) 2.8%
Consultants and advisers
2 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
24 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024CAP Group Europacific Growth Trustcollective trustCapital Guardian Trust CompanyPooled vehicles$83.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Indexed Equity Accountseparate accountMackay ShieldsPublic equity$162M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Private Equity Separate Account 39separate accountMackay ShieldsPrivate equity$120,017 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024High Yield Account Sa40-003separate accountMackay ShieldsFixed income$224M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Municipals 48-001separate accountMackay ShieldsPooled vehicles$107M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Jpmcb Strategic Property Fundcollective trustJpmorgan Chase Bank, N.A.Real estate$41.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Fiam Small Cap Core Poolcollective trustFidelity Institutional Asset MgmtPublic equity$71.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Long/short Hedge Fund Accountseparate accountMackay ShieldsHedge / diversifiers$16.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Absolute Return Hedge Fund Accountseparate accountMackay ShieldsHedge / diversifiers$585,651 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Private Equity Separate Account 39aseparate accountMackay ShieldsPrivate equity$839,473 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Private Equity Separate Account 39bseparate accountMackay ShieldsPrivate equity$681M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024GQG Partners International Equitycollective trustReliance Trust CompanyPublic equity$77.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023CAP Group Europacific Growth Trustcollective trustCapital Guardian Trust CompanyPooled vehicles$132M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Indexed Equity Accountseparate accountMackay ShieldsPublic equity$229M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Private Equity Separate Account 39separate accountMackay ShieldsPrivate equity$262,040 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023High Yield Account Sa40-003separate accountMackay ShieldsFixed income$209M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Municipals 48-001separate accountMackay ShieldsPooled vehicles$107M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Jpmcb Strategic Property Fundcollective trustJpmorgan Chase Bank, N.A.Real estate$48.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Fiam Small Cap Core Poolcollective trustFidelity Institutional Asset MgmtPublic equity$118M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long/short Hedge Fund Accountseparate accountMackay ShieldsHedge / diversifiers$43.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Absolute Return Hedge Fund Accountseparate accountMackay ShieldsHedge / diversifiers$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Private Equity Separate Account 39aseparate accountMackay ShieldsPrivate equity$1.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Private Equity Separate Account 39bseparate accountMackay ShieldsPrivate equity$761M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023GQG Partners International Equitycollective trustReliance Trust CompanyPublic equity$136M heldDisclosed holdingaskebsa.dol.gov
Size and funding
22 readings
Total assets
$4.0B Dec 31, 2024 reported Form 5500
$4.1B (2023-12)
Plan assets
$4.1B Jan 1, 2024 reported Form 5500
$3.9B (2023-01)
Net assets
$4.0B Dec 31, 2024 reported Form 5500
$4.1B (2023-12)
Funded ratio
89.0% Jan 1, 2024 reported Form 5500
88.5% (2023-01)
Funding target
$3.7B Jan 1, 2024 reported Form 5500
$3.6B (2023-01)
Discount rate
5.12% Jan 1, 2024 reported Form 5500
5.25% (2023-01)
Participants
22,808 Jan 1, 2024 reported Form 5500
22,814 (2023-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12)
Benefits paid
$228M Dec 31, 2024 reported Form 5500
$229M (2023-12)
Net investment income
$-143M Dec 31, 2024 reported Form 5500
$187M (2023-12)
Investment management fees
$5.1M Dec 31, 2024 reported Form 5500
$6.1M (2023-12)
Form 5500 filings
2 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202422,808$4.1B$3.7B89.0%$4.0B$69.6Mn/a$109M
2023 to Dec 31, 202322,814$3.9B$3.6B88.5%$4.1B$80.7Mn/a$110M
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Apogem Capital, LLC codes 28 50 51 $4.1M PY2024
  • Alight Solutions codes 15 64 $1.5M PY2024
  • Fidelity Institutional Asset Mgmt codes 28 50 51 $893,948 PY2024
  • NEW York Life Insurance Company codes 13 50 $294,360 PY2024
  • Nepc, LLC codes 17 27 50 $90,356 PY2024
  • Municipals 48-001 Sched. D P $107M PY2024
  • Strategic Property Fund Sched. D C $41.6M PY2024
  • Fiam Small Cap Core Commingled Pool Sched. D C $71.2M PY2024
  • Long/short Hedge Fund Account Sched. D P $16.6M PY2024
  • Absolute Return Hedge Fund Acct. Sched. D P $585,651 PY2024
  • Private Equity Account 39a Sched. D P $839,473 PY2024
  • Private Equity Account 39b Sched. D P $681M PY2024
  • GQG Partners International Equ Cit Sched. D C $77.6M PY2024
  • CAP Group Europacific Growth Trust Sched. D C $83.7M PY2024
  • Indexed Equity Account Sched. D P $162M PY2024
  • Private Equity Account 39 Sched. D P $120,017 PY2024
  • High Yield Account Sa 40-003 Sched. D P $224M PY2024
  • AON Consulting, Inc codes 11 PY2024
  • Apogem Capital, LLC codes 28 50 51 $5.6M PY2023
  • Alight Solutions codes 15 64 $1.3M PY2023
  • Fidelity Institutional Asset Mgmt codes 28 50 51 $491,914 PY2023
  • New York Life Insurance Company codes 13 50 $399,391 PY2023
  • Nepc, LLC codes 17 27 50 $50,490 PY2023
  • CAP Group Europacific Growth Trust Sched. D C $132M PY2023
  • Indexed Equity Account Sched. D P $229M PY2023
  • Private Equity Account 39 Sched. D P $262,040 PY2023
  • High Yield Account Sa 40-003 Sched. D P $209M PY2023
  • Municipals 48-001 Sched. D P $107M PY2023
  • Strategic Property Fund Sched. D C $48.9M PY2023
  • Fiam Small Cap Core Commingled Pool Sched. D C $118M PY2023
  • Long/short Hedge Fund Account Sched. D P $43.2M PY2023
  • Absolute Return Hedge Fund Acct. Sched. D P $1.1M PY2023
  • Private Equity Account 39a Sched. D P $1.0M PY2023
  • Private Equity Account 39b Sched. D P $761M PY2023
  • GQG Partners International Equ Cit Sched. D C $136M PY2023
  • AON Consulting, Inc codes 11 PY2023
What changed
No dated events yet.
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 135582869-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.