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Peter Ra
Head of HY Portfolio Management and Trading at NYL Investors LLC
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
| Organization | Role | Date Range | Details |
|---|---|---|---|
| New York Life Investments | Head of HY Portfolio Management and Trading | Jul 2024 to Present | Directly manage $10bn of HY corporate bonds for General Account |
| New York Life Investments | Senior Director | Jan 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... |
| HVB | Leverage Finance | Jan 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 Capital | Risk Management | Jan 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 Management | MBA | Jan 2002 to Jan 2004 | — |
| Bank of america | Analyst | Jan 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 NYL Investors LLC (31)
| Name | Role | Location |
|---|---|---|
| Portfolio Analyst | New York, NY , United States | |
| Senior Associate | Middletown, NJ , United States | |
| Senior Associate - ESG Analyst | New York, NY , United States | |
| Analyst | New York, NY , United States | |
I Induranga Jayewardene | Portfolio Analyst | New York, NY , United States |
| Partner | Overland Park, KS , United States | |
L Luke Melton | Senior Associate-Private Equity Portfolio Management | CA , United States |
L Lynnette Ortega | Associate | Ridgefield, NJ , United States |
| Senior Associate | New York, NY , United States | |
T Tejram Ramjattan | Senior Partner | Melville, NY , United States |
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