MacKay Shields
Asset Manager SEC-registered adviser
Legal name: MacKay Shields LLC
AUM
$159.5B
Regulatory AUM
Private funds
16
Hedge Fund 14 · Other 2
Private fund assets
$12.2B
Gross asset value
Employees
206
Last Form D raise
Sep 2026
Most recent fund filing
From SEC Form ADV filing (filed Aug 6, 2026). View on SEC
People(11)
Owners and executive officers named on the firm's SEC Form ADV.
A
A
C
C
J
Vice Chairman, Executive Managing Director, Elected To the Board of Managers
M
M
N
R
R
Y
Funds(16)
Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.
| Fund | Type | Gross assets | Raised (Form D) | Investors | Last Form D | Recency |
|---|---|---|---|---|---|---|
| MacKay Municipal New York Opportunities Fund, L.P. | Hedge Fund | $315.9M | $490.7M | 573 | Sep 2026 | Hot |
| MacKay Shields Intermediate Bond Fund LP | Hedge Fund | $779.9M | $690.4M | 4 | Sep 2026 | Hot |
| MacKay Municipal High Yield Select Fund LP | Hedge Fund | $516.9M | $737.3M | 756 | Jul 2026 | Hot |
| MacKay Municipal Credit Opportunities Master Fund, L.P. | Hedge Fund | $4.1B | $4.6B | 2,349 | May 2026 | Hot |
| MacKay Municipal California Opportunities Fund, L.P. | Hedge Fund | $360.7M | $1.1B | 707 | May 2026 | Hot |
| MacKay Shields Core Fixed Income Fund LP | Other | $214.6M | $297.2M | 14 | Mar 2026 | Warm |
| MacKay Municipal High Income Opportunities Fund LP | Hedge Fund | $689.6M | $862.5M | 1,248 | Jan 2026 | Warm |
| MacKay Municipal Opportunities Master Fund, L.P. | Hedge Fund | $2.7B | $3.5B | 2,180 | Jan 2026 | Warm |
| MacKay Shields Series Fund LLC - High Yield Corporate Bond Series | Other | $40.9M | $24.1M | 6 | Dec 2025 | Warm |
| MacKay Municipal Short Term Opportunities Fund LP | Hedge Fund | $219.8M | $2.1B | 176 | Dec 2025 | Warm |
| MacKay Shields High Yield Active Core Fund LP | Hedge Fund | $256.2M | $1.4B | 89 | Oct 2025 | Cool |
| MacKay Shields Defensive Bond Arbitrage Fund LTD. | Hedge Fund | $207.0M | $611.0M | 40 | Oct 2025 | Cool |
| MacKay Shields Select Credit Opportunities Fund LP | Hedge Fund | $622K | $45.8M | 8 | Apr 2021 | Cold |
| MacKay Municipal Opportunities Allocation Master Fund LP | Hedge Fund | $1.3B | — | — | Mar 2020 | Cold |
| MacKay Municipal Capital Trading Master Fund, L.P. | Hedge Fund | $512.6M | $10K | 1 | Oct 2019 | Cold |
Board seats
Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.
No board seats matched from SEC filings yet.
Regulatory identifiers
- CRD number
- 107717
- SEC file number
- 801-5594
Sources
- SEC Form ADV Oct 14, 2026