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Deals and People January 6, 2009
New York Life Installs Siciliano in Investment Post
January 6, 2009 (PLANSPONSOR.com) - John C.
Siciliano has been named as a New York Life Investments
senior managing director and head of the firm's investment
boutiques.
Reported by Fred Schneyer
Siciliano will be responsible for all activities related to
the firm’s external asset management business including the
operations and activities of the company’s five external
asset managers: Madison Square Investors LLC, MacKay Shields
LLC, McMorgan & Company LLC, New York Life Capital
Partners LLC, and Institutional Capital LLC, according to the
announcement.
In the newly established role, Siciliano will report directly to John Kim, president and chief executive officer of New York Life Investments. “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, in the announcement.
Previously, Siciliano was with Grail Partners LLC, a merchant banking firm, which invests and advises in asset management and related financial technology businesses, including specialty finance and structured products. From 2005 through 2007, he served as chairman and chief executive officer of BKF Capital Group, Inc., a NYSE listed money manager.
Siciliano began his career with Morgan Stanley in its corporate finance division in 1979, and subsequently had roles at Smith Barney, Prudential Securities, and Dresdner Kleinwort Benson.