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MacKay Shields LLC

● SEC registered since 1969CRD 107717SEC# 801-5594New York, NY
Export (members)
Ranks #98 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$159.52B
Fund GAV
$12.22B
Private funds
16
Employees
206
Accounts
366
Location
New York, NY

MacKay Shields LLC assets under management

MacKay Shields LLC is an investment advisory firm registered with the SEC based in New York, NY. The firm has been registered since 1969. It reports $159.5 billion in regulatory assets under management and employs 206 people. MacKay Shields LLC manages 16 private funds with combined gross assets of $12.2 billion, including MacKay Municipal Credit Opportunities Master Fund, L.P. By regulatory assets, it ranks 98 of 6,004 private fund managers.

MacKay Shields LLC private funds

16 funds · $12.22B GAV
FundTypeGross assetsMin.
MacKay Municipal Credit Opportunities Master Fund, L.P.Hedge$4.07B$1M
MacKay Municipal Opportunities Master Fund, L.P.Hedge$2.67B$1M
MacKay Municipal Opportunities Allocation Master Fund LPHedge$1.34B$250K
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MacKay Shields LLC owners & executives

17 reported
NameTitleOwnershipSince
Alain Maurice Karaoglan ControlElected To The Board Of ManagersUnder 5%2022
Alison Hiers Micucci ControlChief Executive Officer, Elected To The Board Of ManagersUnder 5%2025
Andrew Mark Susser ControlExecutive Managing DirectorUnder 5%2015
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Frequently asked questions

How much does MacKay Shields LLC manage?

MacKay Shields LLC reports $159.5 billion in regulatory assets under management on its Form ADV.

How many private funds does MacKay Shields LLC manage?

MacKay Shields LLC manages 16 private funds with combined gross assets of $12.2 billion.

How many employees does MacKay Shields LLC have?

MacKay Shields LLC reports 206 employees.

Where is MacKay Shields LLC located?

MacKay Shields LLC is based in New York, NY and has been SEC-registered since 1969.

Does MacKay Shields LLC disclose fund performance?

MacKay Shields LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address299 Park Avenue, 32nd Floor, New York, NY 10171
Phone212-758-5400
Office hours8 a.m. To 5 p.m.
SEC regionNew York Regional Office (NYRO)
Discloses disciplinary historyYes

Regulatory AUM

$159.52B▲ 15%
Jan '25 — $139.12BFeb '25 — $139.12BMar '25 — $15.2MApr '25 — $15.2MMay '25 — $15.2MJun '25 — $15.2MJul '25 — $15.2MAug '25 — $15.2MSep '25 — $15.2MOct '25 — $15.2MNov '25 — $15.2MDec '25 — $15.2MJan '26 — $15.2MFeb '26 — $151.64BMar '26 — $159.52BApr '26 — $159.52BMay '26 — $159.52BJun '26 — $159.52B
Jan '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 1%
Larger than 99% of 16,271 advisers
AUM vs fund managersTop 2%
Larger than 98% of 6,004 private-fund managers
Number of fundsTop 16%
More funds than 84% of fund managers
EmployeesTop 4%
More than 96% of 16,825 advisers

Assets under management

$159.52Bregulatory AUM
Discretionary $159.52B

Fund type mix

Hedge14
Other Private2

Service providers

Auditor
Administrator