With the support of specialized teams, every MainStay Fund is managed by one or more professionals who are committed to a particular style of investing. Use the menu below to select Portfolio Manager names.
Claude Athaide, Ph.D., CFA
Mr. Athaide became a Manager of MainStay Money Market Fund in July 2000, and in April 2001, he became a Manager of MainStay Short Term Bond Fund. Mr. Athaide joined MacKay Shields in 1996 and became an Associate Director in 2001. Prior to joining MacKay Shields, Mr. Athaide taught graduate and undergraduate level statistics and computer programming courses at George Washington University and The Wharton School of the University of Pennsylvania. He was a Quantitative Analyst with Republic National Bank from May 1995 to August 1995. Mr. Athaide became a Chartered Financial Analyst in 2000.
Mr. Bader currently manages the MainStay Principal Preservation Fund. He assisted in the management of the McMorgan Principal Preservation Fund, McMorgan Intermediate Fixed Income Fund, McMorgan Fixed Income Fund, and McMorgan Balanced Fund after joining McMorgan in 2002 and has provided credit analysis, portfolio management, and trading for McMorgan's corporate bond investments. Prior to joining McMorgan, he worked as an Associate in Global Corporate and Investment Banking at Bank of America, performing in-depth credit analysis within the corporate lending area. Mr. Bader obtained his M.B.A from the Anderson School at the University of California at Los Angeles. He holds a B.S. degree in Business Economics and Finance from the University of Arizona.
Mr. Baker is a Vice President at NYLIM Equity Investors and is responsible for enhancing the algorithmic trading process for the portfolio management teams. He is also the Portfolio Manager for the S&P 500 Index Fund. Prior to joining NYLIM, he held positions at Schwab Soundview Capital Markets and Stuart Frankel as a trader on the electronic and program trading desks. He has over six years of experience in the industry. Mr. Baker received his BA in Economics from Occidental College.
Ms. Bhansali became portfolio manager of the Total Return Fund in 2008. Ms. Bhansali joined MacKay Shields as Managing Director and Head of the International Equity Division Product in 2001 and became a Senior Managing Director in 2007. Ms. Bhansali was previously the co-head of the International Equity Division at Oppenheimer Capital, where she managed various institutional and retail international equity portfolios from 1995 to 2000. Earlier in her career, Ms. Bhansali worked in various capacities performing
investment research and advisory work at Soros Fund Management, Crosby Securities, and ICICI Ltd. She has over 10 years of experience in the industry. Ms. Bhansali received her M.B.A. in finance from the University of Rochester and an undergraduate degree in business from the University of Bombay.
Mr. Blankman currently manages the MainStay Institutional Bond Fund. Mr. Blankman assisted in the management of the McMorgan Principal Preservation Fund, McMorgan Intermediate Fixed Income Fund, McMorgan Fixed Income Fund, and McMorgan Balanced Fund after joining McMorgan in 1999, and he has provided credit research and analysis to support McMorgan's fixed income portfolios. He has over 12 years of experience with fixed income securities and prior to joining to McMorgan worked as an analyst with Standard & Poor's. Mr. Blankman holds a Master's degree from Stanford University and a Bachelor's degree from the University of California at Berkeley.
Mr. Boyce serves as Portfolio Manager of MainStay Cash Reserves Fund. Mr. Boyce has managed the Fund since December 1999. He is a member of the Fixed Income Investors Group at NYLIM. Mr. Boyce joined New York Life Insurance Company in 1978 and became part of the Fixed Income Investment Group within New York Life in 1981. As of March 2000, the Fixed Income Investment Group at New York Life became a part of NYLIM.
Mr. Butler is a Director at MacKay Shields and a portfolio manager for the All Cap Growth Fund. He joined MacKay Shields as a Director in 2002. Prior to joining MacKay Shields, he was Managing Director of Equity Research at SG Cowen Securities Corporation. Previously he performed equity research with Prudential Securities and Alex, Brown & Sons. He received a MBA in Finance from The Wharton School of Business at the University of Pennsylvania and received a BA from Lafayette College. John has been in the investment management and research industry since 1993.
Mr. Centrella is a Managing Director at MacKay Shields and a portfolio manager for the All Cap Growth Fund, Capital Appreciation Fund, and Mid Cap Growth Fund. He joined MacKay Shields in 1996 as a Portfolio Manager/Research Analyst in the Equity Division. Immediately prior to joining MacKay Shields, he was with Gibraltar Advisors where he was Vice President and Portfolio Manager. Prior to that, he was with Foxhall Investment Management as a Portfolio Manager, and earlier in his career he was a Senior Financial Analyst at the Federal National Mortgage Association. He has been in the investment management industry since 1985. He received a BS in Accounting from the University of Scranton and a MBA in Finance from George Mason University. He became a holder of the Chartered Financial Analyst designation in 1993.
Mr. Clement has managed MainStay Cash Reserves Fund since inception. He is a member of the Fixed Income Investors Group at NYLIM. Mr. Clement joined New York Life Insurance Company in 1982 and became part of the Asset Management Group within New York Life in 1990. As of March 2000, the Asset Management Group at New York Life Insurance Company became part of NYLIM. Mr. Clement has been a Chartered Financial Analyst since 1993.
Mr. Cohen joined MacKay Shields in October 2004 as Director of Research after MacKay Shields acquired the fixed income division of Pareto Partners. He is currently the Portfolio Manager for the MainStay 130/30 High Yield Fund. Mr. Cohen joined the fixed income team at UBS in 1991 as a Core/Core Plus Portfolio Manager and was Co-Chairman of the Credit Committee while at UBS. His extensive credit experience began at Bankers Trust in 1978 where he was in the Commercial Banking Department. In 1981 Mr. Cohen moved to specialize in fixed income as a FI Credit Analyst at Kidder Peabody. Mr. Cohen furthered his fixed income credit experience as a Fixed Income Credit Manager at several major firms, namely, Shearson, Drexel Burnham Lambert and Paine Webber prior to his move into portfolio management at UBS. With experience in the fixed income markets since 1978, Mr. Cohen received his B.A. and M.B.A from New York University and is a member and past President of the Capital Markets Credit Analyst Society, and a member of the New York Society of Security Analysts.
Ms. Cook is a Director at MacKay Shields and a portfolio manager for the All Cap Growth Fund. She rejoined MacKay in 2006 as a Director, Portfolio Manager/Research Analyst in the Growth Equity Investment team. She was previously with MacKay Shields from 1994 to 2002 in the Growth Equity Investment team. Prior to MacKay Shields, Ms. Cook was with Lord, Abbett & Co., Inc. as an Assistant Portfolio Manager/Analyst, and prior to that a Research Analyst at Smith Barney, Harris Upham & Co. for four years. She has 14 years experience in investment management and research and has a BA from The American University, majoring in International Studies and Economics. Eileen also did graduate work at the Stern School of Business at New York University.
Mr. Cunningham is the head of the Cash Management Group and serves on the Portfolio Strategy and Asset Allocation Committee.
He also has oversight responsibility for the trading of all public fixed income securities. Prior to joining NYLIM in 2001, Mr.
Cunningham worked at J.P. Morgan where he was the head of ABS Structured Products Syndicate after serving as a Senior Trader
of Eurobonds and Yankees. Mr. Cunningham also worked at Credit Suisse First Boston trading corporates, agencies and ABS before
becoming the head of International Bond Trading. Prior to that, Mr. Cunningham held various trading roles at Freeman Securities.
Mr. Cunningham received a B.S.B.A from Denver University.
Mr. Dial is a Managing Director and head of NYLIM’s Leveraged Loan Group. In this capacity, he oversees approximately $3.5 billion in leveraged loan and related investments managed in collateralized loan obligation funds, institutional accounts, and retail mutual funds. Mr. Dial is a portfolio manager for NYLIM’s CLOs and institutional funds. Mr. Dial is also a portfolio manager for the MainStay Floating Rate Fund and MainStay VP Floating Rate Portfolio. Mr. Dial joined NYLIM in 2001. Prior to joining NYLIM, Mr. Dial was a Director in the Acquisition Finance Group at Fleet Securities where he was responsible for originating, structuring, distributing, and investing in non-investment grade financings. Previously, he worked in leveraged finance capacities at Credit Lyonnais and Chase Manhattan, where he completed the bank’s formal credit training program. Mr. Dial earned a B.A. from Yale University and an M.B.A. from the University of Chicago. He is a member of the CDO Advisory Committee, the Loan Investment Committee, and the Loan Credit Committee.
Ms. Donovan is a Director at MacKay Shields and a portfolio manager for the All Cap Growth Fund. She joined MacKay Shields as a Director, Growth Equity Portfolio Manager/Research Analyst in 2005. She was most recently Managing Director of Global Equity Investments at Deutsche Asset Management. Prior to that, she spent several years as Managing Director of Global Equity Research at SSBCITI Global Asset Management. Previously, she was Director of Equity Research at College Retirement Equities Fund and prior to that was an Equity Research Analyst at Gabelli & Company. Earlier in her career, Ms. Donovan managed private investments, and also spent some time at Credit Agricole, Twenty-First Securities and Bankers Trust Company. She received her MBA from the Columbia Business School and her BS in Finance from The Wharton School at the University of Pennsylvania. She has been in the investment management and research industry since 1984.
Mr. Elavia is the portfolio manager for MainStay Asset Allocation Funds, MainStay Retirement Funds, and has managed MainStay Income Manager and Balanced Funds since 2005. He is Chief Investment Officer of NYLIM Equity Investors, and a Sr. Managing Director of NYLIM. Immediately prior to joining NYLIM, Mr. Elavia was Managing Director and Sr. Portfolio Manager of the Large Cap Growth team of Putnam Investments in Boston, MA, managing more than $25 billion in assets. Prior to joining Putnam, Mr. Elavia was Executive Vice President and Portfolio Manager at Voyageur Asset Management and President of TES Partners, a long short hedge fund in Minneapolis, MN. Previously, he was a Sr. Vice President with Piper Capital Management. Mr. Elavia holds a Ph.D. and M.A. in Economics from the University of Houston and a M.S. and B.C. from the University of Baroda in Vadodara, India.
Mr. Fitzgerald became a Manager of MainStay Tax Free Bond Fund in July 2000. Mr. Fitzgerald joined MacKay Shields in 2000. Prior to joining MacKay Shields, Mr. Fitzgerald was a Vice President and Senior Portfolio Manager at Citibank Asset Management, where he managed tax-exempt fixed-income accounts for institutions and high net-worth individuals from August 1999 to May 2000. Prior to this, he was a Vice President and Portfolio Manager at BlackRock Inc., and an Assistant Vice President at TCW Insurance Advisors. Mr. Fitzgerald holds a B.S. from Fordham University, an M.B.A. from New York University, and is a Chartered Financial Analyst.
Mr. Fram is the portfolio manager of the MainStay 130/30 Core Fund. Mr. Fram is currently a Managing Director at NYLIM. Prior to
joining NYLIM in 2000, Mr. Fram was a Portfolio Manager and Research Strategist of Monitor Capital Advisors LLC (a former subsidiary of NYLIM).
Mr. Fram is responsible for the management of quantitative equity portfolios. Prior to joining Monitor, he was a quantitative equity research analyst at ITG, a
technology based equity brokerage firm. Mr. Fram was awarded his Chartered Financial Analyst (CFA) designation in 1999 and has an MBA from the Wharton
School at the University of Pennsylvania.
Mr. Girard serves as portfolio manager of the Income Manager Fund and the Indexed Bond Fund. Mr. Girard is a Senior Portfolio Manager, Head of the Portfolio Management and Strategy Group and chairs the
Portfolio Strategy and Asset Allocation Committee. He joined NYLIM in 2007 and is responsible for managing all multi-sector third-party fixed income mandates. Prior to joining NYLIM, Mr. Girard was a portfolio manager and co-head of fixed income at Robeco Investment Management/Weiss Peck & Greer where he developed specific investment strategies for institutional clients, including insurance companies and corporate pension plans. Prior to that, Mr. Girard was a portfolio manager at Bankers Trust where he managed money market, assetbacked and corporate bond portfolios. He received a B.S. from St. John Fisher College and an M.B.A. from Fordham University. Mr. Girard is a Certified Public Accountant.
Mr. Glickman has managed the Mid Cap Opportunity and Small Cap Opportunity Funds since November 2006, and has been a Managing Director of NYLIM since September 2006. Prior to joining NYLIM, he had been a portfolio manager at TIAA-CREF since 2001. Prior to joining TIAA-CREF, he was a senior researcher at State Street Global Advisors. Mr. Glickman received his M.B.A. from the University of Chicago, Graduate School of Business, his M.S. from Columbia University's School of Engineering and his B.S. from Massachusetts Institute of Technology.
Mr. Goodenough became a manager of the Government Fund and the Total Return Fund in 2000, the Global High Income Fund in 2003, the Money Market Fund in 2006 and the Diversified Income Fund in 2008. Mr. Goodenough joined MacKay Shields as a Managing Director and Co-head of Fixed Income in 2000, and became a Senior Managing Director in 2004. Prior to joining MacKay Shields, Mr. Goodenough was a Senior Portfolio Manager at Loomis Sayles & Co. from December 1993 to May 2000. Prior to this, he was a Managing Director at Bear Stearns & Company and was a Managing Director of High Yield Bonds and a Managing Director of Global Bonds at Salomon Brothers.
Ms. Higgins is a Director at MacKay Shields and a portfolio manager for the All Cap Growth Fund and Small Cap Growth Fund. She joined MacKay Shields' Growth Equity team in 1999 after having spent six years at J.P. Morgan Investment Management, most recently as a Small Cap Portfolio Manager. Prior to that, she was with Lord, Abbett & Company for 11 years. Ms. Higgins received a MBA in Finance from The Wharton School of Business at the University of Pennsylvania and a BA in Economics at The College of Mount Saint Vincent. She became a holder of the Chartered Financial Analyst designation in 1985 and is a member of both the Association of Investment Management and Research and the New York Society of Security Analysts. She has been in the investment management and research industry since 1982.
Ms. Karger currently manages the MainStay Principal Preservation Fund and MainStay Institutional Bond Fund. She managed the McMorgan Principal Preservation Fund, McMorgan Intermediate Fixed Income Fund, McMorgan Fixed Income Fund, and McMorgan Balanced Fund since joining McMorgan in September 2003. She has 16 years of investment experience as a fixed income portfolio manager. As a Senior Portfolio Manager, Ms. Karger's responsibilities include fixed income strategy development and implementation with an emphasis on the securitized sector. Prior to joining McMorgan, Ms. Karger worked at Dresdner RCM Global Investors as a Director and Portfolio Manager. She is a graduate of the Wharton School of Business at the University of Pennsylvania and holds an M.B.A in Finance. Ms. Kager achieved a B.A. in Economics from the University of California at Berkeley.
Mr. Kelly has jointly managed MainStay Large Cap Growth Fund (formerly FMI Winslow Growth Fund) since April 1999, when he joined Winslow Capital Management as a Managing Director with responsibility for research and portfolio management of large cap stocks. Mr. Kelly was co-head of the Technology Research Team at Investment Advisers, Inc. in Minneapolis from 1997-1999. For the prior four years, he was an investment banker in New York City for Prudential Securities and then Salomon Brothers. Mr. Kelly graduated Summa Cum Laude from Babson College and holds a B.S. degree in finance and investments.
Ms. Kim is has been part of the management team for the Common Stock Fund since 2007. Prior to joining NYLIM in 2005, Ms. Kim spent seven years as a quantitative research analyst at INVESCO's Structured Products Group. She started her career as an analyst at the Market Risk Management
Group of Chase Manhattan Bank in 1993. Ms. Kim earned her MBA in Financial Engineering from the MIT Sloan School of Management and is a summa cum laude graduate in Mathematics from the University of Pennsylvania where she was elected to Phi Beta Kappa. She is also a CFA charterholder.
Mr. Kimble joined MacKay Shields in October 2004 as Director and Co-Head of High Yield portfolio management when MacKay Shields acquired the fixed income active core division of Pareto Partners. Previously the Co-Head of Pareto Partners' High Yield Investments, Mr. Kimble began his investment career with positions at Citicorp and E.F. Hutton as a Fixed Income Credit Analyst. In 1988, Mr. Kimble moved to Home Insurance Company as a High Yield Bond Analyst and Portfolio Manager. Shortly thereafter, Mr. Kimble joined the UBS team in the same capacity. While at UBS, Mr. Kimble was Co-Chairman of the Credit Committee. He received a B.A. from Columbia University, an M.B.A from New York University and a JD from Fordham School of Law. With fixed income experience since 1984, Mr. Kimble is a member of the Capital Markets Credit Analyst Society, the New York Society of Security Analysts and the New York and Louisiana State Bar Associations.
Dr. Kumar is Portfolio Manager for the MainStay 130/30 Growth Fund, Growth Equity Fund, and Income Manager Fund. He is also Portfolio Manager for the MainStay Growth Equity Fund. Dr. Kumar is a Managing Director and Head of Growth Portfolios at NYLIM's Equity Investors Group, a division of NYLIM. Prior to joining NYLIM in 2005, Dr. Kumar served as a Senior Portfolio Manager at ING Investment Management since 2002. He received his Ph.D. from Columbia University, his master's degree from the University of Colorado-Boulder, and graduated with honors from Birla Institute of Technology and Science in Pilani, India, receiving a bachelor's degree in mechanical engineering. Dr. Kumar is a CFA charterholder, and has 8 years of investment experience.
Mr. Lob has been Portfolio Manager for MainStay MAP Fund since 1987. Mr. Lob joined Markston International LLC in 1985, became a Portfolio Manager in 1987, and was made a partner in 1988. Prior to joining Markston, Mr. Lob was a quantitative analyst at Kidder, Peabody and Company. Mr. Lob has an M.B.A. from Columbia Business School.
Mr. Malloy is the Chief Investment Officer of the Fixed Income Investors Group and serves on NYLIM’s Investment Committee and the Portfolio Strategy and Asset Allocation Committee. In this capacity, he oversees the Group’s management of the fixed income investments across all sectors of the market, including high yield and investment grade credit, leveraged loans, structured finance, emerging markets, private placements and project finance. Mr. Malloy joined the firm in 1999 and started the Leveraged Loan Group which he built into a premier manager of leveraged loans with distribution in the retail, institutional and CLO markets. Prior to joining NYLIM, Mr. Malloy held positions of increasing responsibility in lending and risk management with J.P. Morgan, Toronto-Dominion and First Chicago. Mr. Malloy received a B.A. from Middlebury College and an M.B.A. from New York University.
Mr. Mullarkey has an MBA from Stern School of Business at New York University, is a Member of Markston International, has over ten years of experience in the investment business and has been a portfolio manager for MainStay MAP Fund since 2002.
Mr. Mullarkey has been Portfolio Manager of MainStay MAP Fund since 1981. Mr. Mullarkey is Managing Member of Markston International LLC and has over 30 years experience in the investment world. Prior to founding Markston in 1981, Mr. Mullarkey was an analyst at Baker Weeks, Goldman Sachs, and Sector Manager at the Ford Foundation. Additionally, he was co-founder of the Computer Industry Analysts Group, and is still a member of the Electronic Analysts Group. Mr. Mullarkey has an M.B.A. from Harvard Business School.
Mr. Ok has managed MainStay S&P 500 Index Fund and MainStay Equity Index Fund since November 1996 and is responsible for managing and running NYLIM Equity Investors trading desk. Mr. Ok has been an employee of NYLIM since March 2000. Previously, Mr. Ok was a portfolio manager and managed the trading desk at Monitor Capital Advisors LLC since 1994. Mr. Ok holds a B.S. in Economics from Northeastern University.
Ms. Patni is a Portfolio Manager of the MainStay 130/30 Core fund and also for the core equity team of NYLIM Equity Investors. Prior to joining NYLIM in June 2006, she was a Principal Consultant in the Financial Services division at PricewaterhouseCoopers. Ms. Patni earned her M.B.A from NYU Stern School of Business. She also earned her undergraduate degree in Computer Science Engineering from the University of Bombay.
Mr. Philo is a Portfolio Manager of MainStay High Yield Corporate Bond Fund and MainStay Diversified Income Fund. Mr. Philo, a Senior Managing Director of MacKay Shields LLC, has managed institutional accounts for MacKay Shields since September of 1996. From 1993 to September 1996, Mr. Philo was with Thorsell, Parker Partners Inc. as an analyst and portfolio manager focusing on mid-cap companies. He was previously with Moran Asset Management as an equity portfolio manager and analyst. He received a BA in Economics from the State University of New York at Albany and a MBA in Finance from New York University. Mr. Philo is a Chartered Financial Analyst.
Mr. Portera has managed MainStay Diversified Income and Global High Income Funds since inception and MainStay Government Fund since July 2000. Mr. Portera also manages the MainStay Total Return Fund and Intermediate Term Bond Fund. Mr. Portera is a Managing Director of MacKay Shields, specializing in international investing. He returned to MacKay Shields in December 1996 after working at Fiduciary Trust Company International as a Portfolio Manager in international bonds. Mr. Portera originally joined MacKay Shields in 1991.
Mr. Reifel is the Portfolio Manger of the MainStay 130/30 Growth Fund and also Vice President at NYLIM Equity Investors. He worked at Citigroup Asset Management from 1999 to 2005 as Senior Quantitative Analyst. There he conducted research to improve quantitative security selection models for various equity products. He also worked on portfolio construction implementations and risk monitoring of several equity funds. Mr. Reifel received his M.B.A from Harvard Business School in 1999. Prior to that he worked at the Chicago Mercantile Exchange and Andersen Consulting. He received a B.S. in Mathematics from University of Illinois at Chicago.
Mr. Roberts joined MacKay Shields in October 2004 when the firm acquired the fixed income division of Pareto Partners. He is currently the Portfolio Manager for the MainStay 130/30 High Yield Fund. Mr. Roberts was Chief Investment Officer and an Equity Shareholder at Pareto Partners. Mr. Roberts assembled the US fixed income team while serving 10 years at UBS Asset Management, most recently as Managing Director and head of the Fixed Income Group. Prior to its acquisition by UBS, he was a Financial Economist for Chase Manhattan Bank, NA and later was head of Global Interest Rate and Currency Swaps Trading. In 1997, Mr. Roberts' fixed income group was lifted out of UBS by Forstmann-Leff International and was subsequently purchased by Pareto Partners. His regulatory and government experience includes two years at the U.S. Securities and Exchange Commission, serving at The White House with the President's Council of Economic Advisors and as Executive Director (Chief of Staff) of the U.S. Congress Joint Economic Committee. Mr. Roberts holds a B.B.A and a Ph.D. from University of Iowa and has been in the investment management industry since 1977.
Mr. Rosen has managed MainStay Value and Mid Cap Value Funds since 1999. He also manages the MainStay Total Return Fund. Mr. Rosen is Senior Managing Director of MacKay Shields and Head of the Value Equity Division. He joined MacKay Shields in January 1999 after working as a Managing Director and Equity Portfolio Manager at Prudential Investments from August 1991 to January 1999. Prior to that, Mr. Rosen spent five years with Marine Midland Bank where he was a Senior Portfolio Manager and Vice President. Earlier in his career, he was a Municipals Securities Officer at Summit Bancorporation and an Account Executive at Merrill Lynch, Pierce, Fenner, & Smith, Inc. in New York. Mr. Rosen received a B.A. from Drew University and an M.B.A. from Boston University Graduate School of Management. He has been in the investment management and research industry since 1984 and is a Chartered Financial Analyst.
Ms. Sabella has managed MainStay Balanced Fund since its inception in 1989. She is a Managing Director and has been with NYLIM since 2000. Prior to that, she worked at Towneley Capital Management, Inc. for 22 years. Ms. Sabella is a member of the Financial Planning Association and the Association for Investment Management Research. She holds a B.B.A. from Baruch College, is a Certified Financial Planner, and is a Chartered Retirement Planning Counselor.
Mr. Samoilovich has managed the Mid Cap Opportunity and Small Cap Opportunity Funds since November 2006, and has been a Managing Director of NYLIM since September 2006. Prior to joining NYLIM, he had been a portfolio manager at TIAA-CREF since 2000. Mr. Samoilovich is a graduate of Moscow State University in Russia.
Mr. Saxon has managed Global High Income Fund since 1999. He joined the Fixed Income Division of MacKay Shields in 1999 as a Research Analyst/Associate. He was formerly with Goldman, Sachs & Co. for eight years as a Vice President and previously as an Associate. Prior to that, he was a CMA Analyst at The First Boston Corporation. Jeff graduated from George Washington University with a BS in International Finance. He has been in the financial services industry since 1986.
Mr. Senser serves as Chief Executive Officer and Chief Investment Officer of ICAP. As CEO and CIO, Mr. Senser heads the investment committee and is the lead portfolio manager for all of ICAP’s investment strategies, MainStay ICAP Funds, and MainStay MAP Fund. Mr. Senser has been with the firm since 1986. Mr. Senser graduated with a B.A. in economics from the University of Michigan and an M.B.A from the University of Chicago. He is a CFA charterholder. Prior to joining ICAP, Mr. Senser spent seven years at Stein Roe & Farnham as an associate involved in economic and fixed-income analysis. He began his career at Data Resources, Inc., an economic consulting firm.
Mr. Serek became manager of MainStay Indexed Bond Fund on October 15, 2004. He joined NYLIM as a corporate bond specialist. Prior to that, he was a Senior Analyst at Citicorp Securities, where he analyzed global power, sovereign, supranational, telecommunications and media issuers for five years. He has also held positions in Citibank’s Corporate Financial Analysis and International Banking and Finance Groups. Mr. Serek received his B.B.A. in Finance and Economics from Temple University in 1990.
Mr. Silverstein has managed MainStay Convertible Fund since 2001. Mr. Silverstein joined MacKay Shields in 1998 as an Associate and was a Research Analyst in the Equity Division. He became an Associate Director in 2000 and is currently a Director at MacKay Shields. Prior to joining MacKay Shields, Mr. Silverstein was a Portfolio Manager at The Bank of New York from 1995 to 1998. Mr. Silverstein is a Chartered Financial Analyst.
Mr. Smith currently manages the MainStay 130/30 International Fund. Mr. Smith is a Managing Director at NYLIM and Portfolio Manager for the Equity Investors Group. He is responsible for the development and implementation of international quantitative equity strategies. Mr. Smith was previously a Senior Quantitative Portfolio Manager at Gartmore Investment Management in London where he co-managed long/short market-neutral hedge funds investing in Europe, Asia, and the U.S. Prior to that, he was a quantitative equity research analyst at Putnam Investments. He has 12 years of investment experience. Mr. Smith began his career at IBM as a software developer for the U.S. Navy's Trident Nuclear Submarine program and later as a consultant specializing in numerical applications. He received a Masters of Science in Finance from Boston College and a BA in Mathematics, Summa Cum Laude from Holy Cross.
Mr. Spellman currently manages the MainStay Small Cap Value and Mid Cap Value Funds. He joined MacKay Shields in 1996 and is currently a Director at the firm. Prior to joining MacKay Shields, Mr. Spellman was a research analyst and market strategist at Deutsche Bank and Portfolio Manager with Prudential Equity Management Associates.
Mr. Spelman has managed MainStay Capital Appreciation, All Cap Growth, and Total Return Funds since 1991 and MainStay Small Cap Growth and Mid Cap Growth Funds since their respective inceptions. Mr. Spelman is a Senior Managing Director at MacKay Shields and specializes in equity securities. He joined MacKay Shields in 1991 after working as a Securities Analyst at Oppenheimer & Co., Inc. from 1984 to 1991.
Mr. Swaney has been an employee of NYLIM since 1997 and is responsible both for managing quantitative equity portfolios and performing research at NYLIM Equity Investors Group. He is also the Portfolio Manager for the MainStay Retirement Funds, Asset Allocation Funds, and Income Manager Fund. Within NYLIM, Mr. Swaney has previously worked with the Investment Consulting Group and was a Portfolio Manager with the Quantitative Strategies unit. Prior to joining NYLIM, Mr. Swaney performed manager research for fund-of-hedge-funds operator Pine Grove Partners and worked on the fixed income desk at The Vanguard Group. Mr. Swaney earned his B.A. in Political Science from The College of William & Mary.
Mr. Ver Planck currently manages the MainStay 130/30 International Fund. He is a Vice President at NYLIM and a Portfolio Manager for the Equity Investors Group. He is responsible for the development and implementation of international quantitative equity strategies. Mr. Ver Planck was previously a Senior Quantitative Analyst at Gartmore Investment Management in London where he was part of a management team responsible for long/short market neutral hedge funds investing in Europe, Asia, and the US. In addition, he co-managed a long only fund benchmarked to the EAFE Small Capitalization Index. Prior to Gartmore, he was a Quantitative Investment Associate at Putnam Investments in Boston where he began his career in quantitative equity research. Mr. Ver Planck received a BA in Operations Research and Industrial Engineering from Cornell University.
Mr. Wagenseil became Director and Co-Head of High Yield portfolio management in 2004 after MacKay Shields acquired the fixed income division of Pareto Partners, where he was Co-Head of High Yield Investments and an equity shareholder. Mr. Wagenseil began his investment career with Citibank in 1979, specializing in troubled loan workouts and recoveries. In 1986, Mr. Wagenseil moved to Drexel Burnham Lambert as a Senior Vice President to head High Yield Commercial Paper Research. Mr. Wagenseil remained at Drexel through the bankruptcy and then joined Bear Stearns as a Managing Director in the Financial Restructuring Group. He was recruited to join UBS in 1993 as a Senior Portfolio Manager for High Yield and High Yield Arbitrage Portfolios. His public service and military experience includes the U.S. Navy (Lieutenant) during the Vietnam War and five years as the Commissioner, Department of Elderly Affairs for the City of Boston. Mr. Wagenseil received a B.A. from Dartmouth College and a M.B.A (Finance) from the Harvard Business School and has experience in the High Yield market since 1979.
Ms. Walters has managed MainStay Tax Free Bond Fund since July 2000. Ms. Walters joined MacKay Shields in 1997 and became an Associate Director in 2001. Prior to joining MacKay Shields, Ms. Walters was a Mortgage Trader at Bear Stearns & Company from September 1994 to February 1995, and she was with Nomura Securities International from 1987 to 1994. Prior to this, Ms. Walters was an investment-banking analyst at PaineWebber, Inc. Ms. Walters is a Chartered Financial Analyst.
Mr. Wear has jointly managed MainStay Large Cap Growth Fund (formerly FMI Winslow Growth Fund) since April 1997, when he joined Winslow Capital Management as Managing Director with responsibility for research and portfolio management of large cap stocks. For 13 years, Mr. Wear worked at Firstar Investment Research and Management Company serving as a Senior Vice President/Senior Portfolio Manager and Director of Research. He holds a B.S. in finance from Arizona State University.
Mr. Wenzel, Executive Vice President and Director of Research, is a senior member of the investment committee. Mr. Wenzel serves as a lead portfolio manager for all of ICAP’s investment strategies, MainStay ICAP Funds, and MainStay MAP Funds. As a 15-year veteran of the firm, Mr. Wenzel also leads the firm’s investment research with particular emphasis on the financial sector. At the University of Wisconsin-Madison, he participated in the applied security analysis and investment management program and earned a B.A. in economics and an M.B.A. He is a CFA charterholder. Before joining ICAP in 1993, he served as a senior equity analyst at Brinson Partners for six years.
Mr. Winslow has jointly managed MainStay Large Cap Growth Fund (formerly FMI Winslow Growth Fund) since its inception on July 1, 1995. Mr. Winslow founded Winslow Capital Management in June 1992 and is Chief Executive Officer. As a Senior Vice President at Alliance Capital Management from 1987-1992, he managed over $1.1 billion in institutional assets. Mr. Winslow served as a Managing Director at J.W. Bristol & Co. in New York from 1980-1987. He started in portfolio management at MacKay-Shields Financial in 1975. He began his investment career at Baker, Weeks & Co. as an institutional research analyst from 1966-1975 covering technology. Mr. Winslow earned a B.A. from Yale University and an M.B.A. from Harvard Business School.
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Mr. Athaide became a Manager of MainStay Money Market Fund in July 2000, and in April 2001, he became a Manager of MainStay Short Term Bond Fund. Mr. Athaide joined MacKay Shields in 1996 and became an Associate Director in 2001. Prior to joining MacKay Shields, Mr. Athaide taught graduate and undergraduate level statistics and computer programming courses at George Washington University and The Wharton School of the University of Pennsylvania. He was a Quantitative Analyst with Republic National Bank from May 1995 to August 1995. Mr. Athaide became a Chartered Financial Analyst in 2000.
Mr. Dial is a Managing Director and head of NYLIM’s Leveraged Loan Group. In this capacity, he oversees approximately $3.5 billion in leveraged loan and related investments managed in collateralized loan obligation funds, institutional accounts, and retail mutual funds. Mr. Dial is a portfolio manager for NYLIM’s CLOs and institutional funds. Mr. Dial is also a portfolio manager for the MainStay Floating Rate Fund and MainStay VP Floating Rate Portfolio. Mr. Dial joined NYLIM in 2001. Prior to joining NYLIM, Mr. Dial was a Director in the Acquisition Finance Group at Fleet Securities where he was responsible for originating, structuring, distributing, and investing in non-investment grade financings. Previously, he worked in leveraged finance capacities at Credit Lyonnais and Chase Manhattan, where he completed the bank’s formal credit training program. Mr. Dial earned a B.A. from Yale University and an M.B.A. from the University of Chicago. He is a member of the CDO Advisory Committee, the Loan Investment Committee, and the Loan Credit Committee. 
Mr. Elavia is the portfolio manager for MainStay Asset Allocation Funds, MainStay Retirement Funds, and has managed MainStay Income Manager and Balanced Funds since 2005. He is Chief Investment Officer of NYLIM Equity Investors, and a Sr. Managing Director of NYLIM. Immediately prior to joining NYLIM, Mr. Elavia was Managing Director and Sr. Portfolio Manager of the Large Cap Growth team of Putnam Investments in Boston, MA, managing more than $25 billion in assets. Prior to joining Putnam, Mr. Elavia was Executive Vice President and Portfolio Manager at Voyageur Asset Management and President of TES Partners, a long short hedge fund in Minneapolis, MN. Previously, he was a Sr. Vice President with Piper Capital Management. Mr. Elavia holds a Ph.D. and M.A. in Economics from the University of Houston and a M.S. and B.C. from the University of Baroda in Vadodara, India.
Mr. Fitzgerald became a Manager of MainStay Tax Free Bond Fund in July 2000. Mr. Fitzgerald joined MacKay Shields in 2000. Prior to joining MacKay Shields, Mr. Fitzgerald was a Vice President and Senior Portfolio Manager at Citibank Asset Management, where he managed tax-exempt fixed-income accounts for institutions and high net-worth individuals from August 1999 to May 2000. Prior to this, he was a Vice President and Portfolio Manager at BlackRock Inc., and an Assistant Vice President at TCW Insurance Advisors. Mr. Fitzgerald holds a B.S. from Fordham University, an M.B.A. from New York University, and is a Chartered Financial Analyst. 
Mr. Fram is the portfolio manager of the MainStay 130/30 Core Fund. Mr. Fram is currently a Managing Director at NYLIM. Prior to
joining NYLIM in 2000, Mr. Fram was a Portfolio Manager and Research Strategist of Monitor Capital Advisors LLC (a former subsidiary of NYLIM).
Mr. Fram is responsible for the management of quantitative equity portfolios. Prior to joining Monitor, he was a quantitative equity research analyst at ITG, a
technology based equity brokerage firm. Mr. Fram was awarded his Chartered Financial Analyst (CFA) designation in 1999 and has an MBA from the Wharton
School at the University of Pennsylvania.
Mr. Glickman has managed the Mid Cap Opportunity and Small Cap Opportunity Funds since November 2006, and has been a Managing Director of NYLIM since September 2006. Prior to joining NYLIM, he had been a portfolio manager at TIAA-CREF since 2001. Prior to joining TIAA-CREF, he was a senior researcher at State Street Global Advisors. Mr. Glickman received his M.B.A. from the University of Chicago, Graduate School of Business, his M.S. from Columbia University's School of Engineering and his B.S. from Massachusetts Institute of Technology.
Mr. Goodenough became a manager of the Government Fund and the Total Return Fund in 2000, the Global High Income Fund in 2003, the Money Market Fund in 2006 and the Diversified Income Fund in 2008. Mr. Goodenough joined MacKay Shields as a Managing Director and Co-head of Fixed Income in 2000, and became a Senior Managing Director in 2004. Prior to joining MacKay Shields, Mr. Goodenough was a Senior Portfolio Manager at Loomis Sayles & Co. from December 1993 to May 2000. Prior to this, he was a Managing Director at Bear Stearns & Company and was a Managing Director of High Yield Bonds and a Managing Director of Global Bonds at Salomon Brothers.
Mr. Kelly has jointly managed MainStay Large Cap Growth Fund (formerly FMI Winslow Growth Fund) since April 1999, when he joined Winslow Capital Management as a Managing Director with responsibility for research and portfolio management of large cap stocks. Mr. Kelly was co-head of the Technology Research Team at Investment Advisers, Inc. in Minneapolis from 1997-1999. For the prior four years, he was an investment banker in New York City for Prudential Securities and then Salomon Brothers. Mr. Kelly graduated Summa Cum Laude from Babson College and holds a B.S. degree in finance and investments.
Mr. Lob has been Portfolio Manager for MainStay MAP Fund since 1987. Mr. Lob joined Markston International LLC in 1985, became a Portfolio Manager in 1987, and was made a partner in 1988. Prior to joining Markston, Mr. Lob was a quantitative analyst at Kidder, Peabody and Company. Mr. Lob has an M.B.A. from Columbia Business School.
Mr. Malloy is the Chief Investment Officer of the Fixed Income Investors Group and serves on NYLIM’s Investment Committee and the Portfolio Strategy and Asset Allocation Committee. In this capacity, he oversees the Group’s management of the fixed income investments across all sectors of the market, including high yield and investment grade credit, leveraged loans, structured finance, emerging markets, private placements and project finance. Mr. Malloy joined the firm in 1999 and started the Leveraged Loan Group which he built into a premier manager of leveraged loans with distribution in the retail, institutional and CLO markets. Prior to joining NYLIM, Mr. Malloy held positions of increasing responsibility in lending and risk management with J.P. Morgan, Toronto-Dominion and First Chicago. Mr. Malloy received a B.A. from Middlebury College and an M.B.A. from New York University. 
Mr. Mullarkey has been Portfolio Manager of MainStay MAP Fund since 1981. Mr. Mullarkey is Managing Member of Markston International LLC and has over 30 years experience in the investment world. Prior to founding Markston in 1981, Mr. Mullarkey was an analyst at Baker Weeks, Goldman Sachs, and Sector Manager at the Ford Foundation. Additionally, he was co-founder of the Computer Industry Analysts Group, and is still a member of the Electronic Analysts Group. Mr. Mullarkey has an M.B.A. from Harvard Business School.
Ms. Patni is a Portfolio Manager of the MainStay 130/30 Core fund and also for the core equity team of NYLIM Equity Investors. Prior to joining NYLIM in June 2006, she was a Principal Consultant in the Financial Services division at PricewaterhouseCoopers. Ms. Patni earned her M.B.A from NYU Stern School of Business. She also earned her undergraduate degree in Computer Science Engineering from the University of Bombay.
Mr. Philo is a Portfolio Manager of MainStay High Yield Corporate Bond Fund and MainStay Diversified Income Fund. Mr. Philo, a Senior Managing Director of MacKay Shields LLC, has managed institutional accounts for MacKay Shields since September of 1996. From 1993 to September 1996, Mr. Philo was with Thorsell, Parker Partners Inc. as an analyst and portfolio manager focusing on mid-cap companies. He was previously with Moran Asset Management as an equity portfolio manager and analyst. He received a BA in Economics from the State University of New York at Albany and a MBA in Finance from New York University. Mr. Philo is a Chartered Financial Analyst.
Mr. Portera has managed MainStay Diversified Income and Global High Income Funds since inception and MainStay Government Fund since July 2000. Mr. Portera also manages the MainStay Total Return Fund and Intermediate Term Bond Fund. Mr. Portera is a Managing Director of MacKay Shields, specializing in international investing. He returned to MacKay Shields in December 1996 after working at Fiduciary Trust Company International as a Portfolio Manager in international bonds. Mr. Portera originally joined MacKay Shields in 1991.
Mr. Rosen has managed MainStay Value and Mid Cap Value Funds since 1999. He also manages the MainStay Total Return Fund. Mr. Rosen is Senior Managing Director of MacKay Shields and Head of the Value Equity Division. He joined MacKay Shields in January 1999 after working as a Managing Director and Equity Portfolio Manager at Prudential Investments from August 1991 to January 1999. Prior to that, Mr. Rosen spent five years with Marine Midland Bank where he was a Senior Portfolio Manager and Vice President. Earlier in his career, he was a Municipals Securities Officer at Summit Bancorporation and an Account Executive at Merrill Lynch, Pierce, Fenner, & Smith, Inc. in New York. Mr. Rosen received a B.A. from Drew University and an M.B.A. from Boston University Graduate School of Management. He has been in the investment management and research industry since 1984 and is a Chartered Financial Analyst.
Ms. Sabella has managed MainStay Balanced Fund since its inception in 1989. She is a Managing Director and has been with NYLIM since 2000. Prior to that, she worked at Towneley Capital Management, Inc. for 22 years. Ms. Sabella is a member of the Financial Planning Association and the Association for Investment Management Research. She holds a B.B.A. from Baruch College, is a Certified Financial Planner, and is a Chartered Retirement Planning Counselor.
Mr. Samoilovich has managed the Mid Cap Opportunity and Small Cap Opportunity Funds since November 2006, and has been a Managing Director of NYLIM since September 2006. Prior to joining NYLIM, he had been a portfolio manager at TIAA-CREF since 2000. Mr. Samoilovich is a graduate of Moscow State University in Russia.
Mr. Senser serves as Chief Executive Officer and Chief Investment Officer of ICAP. As CEO and CIO, Mr. Senser heads the investment committee and is the lead portfolio manager for all of ICAP’s investment strategies, MainStay ICAP Funds, and MainStay MAP Fund. Mr. Senser has been with the firm since 1986. Mr. Senser graduated with a B.A. in economics from the University of Michigan and an M.B.A from the University of Chicago. He is a CFA charterholder. Prior to joining ICAP, Mr. Senser spent seven years at Stein Roe & Farnham as an associate involved in economic and fixed-income analysis. He began his career at Data Resources, Inc., an economic consulting firm. 
Mr. Spellman currently manages the MainStay Small Cap Value and Mid Cap Value Funds. He joined MacKay Shields in 1996 and is currently a Director at the firm. Prior to joining MacKay Shields, Mr. Spellman was a research analyst and market strategist at Deutsche Bank and Portfolio Manager with Prudential Equity Management Associates.
Mr. Spelman has managed MainStay Capital Appreciation, All Cap Growth, and Total Return Funds since 1991 and MainStay Small Cap Growth and Mid Cap Growth Funds since their respective inceptions. Mr. Spelman is a Senior Managing Director at MacKay Shields and specializes in equity securities. He joined MacKay Shields in 1991 after working as a Securities Analyst at Oppenheimer & Co., Inc. from 1984 to 1991. 
Ms. Walters has managed MainStay Tax Free Bond Fund since July 2000. Ms. Walters joined MacKay Shields in 1997 and became an Associate Director in 2001. Prior to joining MacKay Shields, Ms. Walters was a Mortgage Trader at Bear Stearns & Company from September 1994 to February 1995, and she was with Nomura Securities International from 1987 to 1994. Prior to this, Ms. Walters was an investment-banking analyst at PaineWebber, Inc. Ms. Walters is a Chartered Financial Analyst.
Mr. Wear has jointly managed MainStay Large Cap Growth Fund (formerly FMI Winslow Growth Fund) since April 1997, when he joined Winslow Capital Management as Managing Director with responsibility for research and portfolio management of large cap stocks. For 13 years, Mr. Wear worked at Firstar Investment Research and Management Company serving as a Senior Vice President/Senior Portfolio Manager and Director of Research. He holds a B.S. in finance from Arizona State University.
Mr. Wenzel, Executive Vice President and Director of Research, is a senior member of the investment committee. Mr. Wenzel serves as a lead portfolio manager for all of ICAP’s investment strategies, MainStay ICAP Funds, and MainStay MAP Funds. As a 15-year veteran of the firm, Mr. Wenzel also leads the firm’s investment research with particular emphasis on the financial sector. At the University of Wisconsin-Madison, he participated in the applied security analysis and investment management program and earned a B.A. in economics and an M.B.A. He is a CFA charterholder. Before joining ICAP in 1993, he served as a senior equity analyst at Brinson Partners for six years.
Mr. Winslow has jointly managed MainStay Large Cap Growth Fund (formerly FMI Winslow Growth Fund) since its inception on July 1, 1995. Mr. Winslow founded Winslow Capital Management in June 1992 and is Chief Executive Officer. As a Senior Vice President at Alliance Capital Management from 1987-1992, he managed over $1.1 billion in institutional assets. Mr. Winslow served as a Managing Director at J.W. Bristol & Co. in New York from 1980-1987. He started in portfolio management at MacKay-Shields Financial in 1975. He began his investment career at Baker, Weeks & Co. as an institutional research analyst from 1966-1975 covering technology. Mr. Winslow earned a B.A. from Yale University and an M.B.A. from Harvard Business School.