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Peter Ra

Head of HY Portfolio Management and Trading at New York Life Investment Management LLC

New York, NY , United States

About

Peter Ra is the Head of High Yield Portfolio Management and Trading at New York Life Investments, based in New York, NY. In this role, he oversees investment strategies, portfolio construction, and trading operations for the firm’s high yield credit products, focusing on delivering strong risk-adjusted returns for institutional and retail clients. His responsibilities include managing teams and coordinating the execution of investment ideas within the high yield sector.

With over 15 years of experience at New York Life Investments, Ra previously served as Senior Director in the High-Yield Credit Group, where he was responsible for sector analysis and portfolio management with particular emphasis on leveraged finance and floating-rate loans. He began his career in leveraged finance at HVB, deepening his expertise in below-investment-grade corporate credit and syndicated loans, and has built a track record in managing investments across high yield bonds and leveraged loans for multiple industry sectors.

Ra holds degrees from Yale School of Management and the University of Southern California, providing him with a strong foundation in finance and investment strategy. Throughout his career, he has been recognized for his disciplined approach to credit analysis and portfolio management, and has contributed to the advancement of conservative investment frameworks within the high yield asset class.

Career History

OrganizationRoleDate RangeDetails
New York Life InvestmentsHead of HY Portfolio Management and TradingJul 2024 to Present
Directly manage $10bn of HY corporate bonds for General Account
New York Life InvestmentsSenior DirectorJan 2008 to Jun 2024
Assistant portfolio manager for a $3 billion leverage loan mutual fund and Senior Credit Analyst, covering $2.1 billion of leverage loans and high yield bonds for CLO, mutual fund, and General Account...
HVBLeverage FinanceJan 2005 to Jan 2007
Evaluated new primary market transactions and actively managed high yield/leveraged loan portfolio of institutional first and second lien term loans and revolving credit facilities.
GE CapitalRisk ManagementJan 2004 to Jan 2005
Designed a standardized financial model for a $150 billion portfolio to ensure comparability of obligor data across GE Capital and presented recommendations and updates to senior management and variou...
Yale School of ManagementMBAJan 2002 to Jan 2004
Bank of americaAnalystJan 1998 to Jan 2001
Assisted in structuring and underwriting large cap investment grade bank loan financing. Utilized and built complex financial models to evaluate financial impact, and independently prepared a comprehe...

Education

Yale School of Management

2002 2004

USC

Others at New York Life Investment Management LLC (31)

NameRoleLocation
Alexander Kim
Alexander Kim
Portfolio AnalystNew York, NY , United States
Brendan O'Connor
Brendan O'Connor
Senior AssociateMiddletown, NJ , United States
Celeste Burns
Celeste Burns
Senior Associate - ESG AnalystNew York, NY , United States
Fred Talledo
Fred Talledo
AnalystNew York, NY , United States
I
Induranga Jayewardene
Portfolio AnalystNew York, NY , United States
Johnny Tucker
Johnny Tucker
PartnerOverland Park, KS , United States
L
Luke Melton
Senior Associate-Private Equity Portfolio ManagementCA , United States
L
Lynnette Ortega
AssociateRidgefield, NJ , United States
Mina Fahim
Mina Fahim
Senior AssociateNew York, NY , United States
T
Tejram Ramjattan
Senior PartnerMelville, NY , United States
Showing 1-10 of 31 team members

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