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NY Life Investments Appoints Siciliano

John Siciliano was named to New York Life Investments' investing boutiques shop, leaving him to run five external asset managers.


John Siciliano was named to New York Life Investments' investing boutiques shop, leaving him to run five external asset managers.

As senior managing director and head of the firm's investment boutiques, he will run: Madison Square Investors, MacKay Shields, McMorgan & Co., New York Life Capital Partners and Institutional Capital.

He will report to John Kim, New York Life Investments president and chief executive.

Siciliano was previously with Grail Partners, a merchant banking firm. He focused on business development and investment transactions in its Chalice Fund and Chalice Direct Private Equity Fund. He served on the board of directors of two portfolio companies: Creighton Capital Management and Hillcrest Asset Management, as well as serving as chairman of Grail Advisors LLC, one of the first Active ETF investment advisors.

From 2005 through 2007, Siciliano served as chairman and chief executive officer of BKF Capital Group, Inc., a NYSE listed money manager. Prior to BKF, he was the head of the global institutional business for Dimensional Fund Advisors from 2001 through 2005. Siciliano served as a managing principal of Payden & Rygel, a fixed income investment management firm from 1998 through 2001. While there, he also served as president of its mutual fund company, Payden & Rygel Investment Group.

"This is a critical position as it is responsible for oversight of the management, product development, investment performance and core distribution activities of our asset management affiliates," said Kim.

Mackay Shields added last fall a senior managing director and a chief fixed income strategist for its high grade fixed income team, in the form of Jim Ramsay. He joined the firm from Robeco Investment Management, where he was chief investment officer.

Earlier, Jim Moss, the chief executive of McMorgan & Co., retired, paving the way for John Santaguida, a Wachovia vet who had already spent time within New York Life Investment Management, to occupy that role.

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