A Leading Private Debt Investor

Private Capital Investors (PCI) consistently ranks as one of the top investors in the private placement and structured finance markets with $80.6 billion under management as of March 31, 2024. In 2023, PCI invested over $10 billion, a reflection of our commitment to helping borrowers grow and meet their business objectives.

PCI benefits from the financial strength and stability of our ultimate parent company, New York Life Insurance Company, one of the oldest mutual life insurance companies in the United States with over 175 years of history. We take a long-term approach, seeking to build strong financial partnerships with our clients, enabling them to meet their financing goals throughout multiple economic cycles. 



of assets under management

$10+ billion
of new capital invested
in 2023

>1,000 borrowers globally

25+ years
average tenure of our senior team



About Our Solutions

We invest in businesses by providing medium to long term debt that outlasts economic cycles. We provide capital to organizations including public and private companies, endowments, charitable institutions, and cooperatives. PCI provides a variety of financing options ranging from senior debt, master note facilities, to credit tenant leases. We also offer specialized sector expertise in infrastructure, utilities, structured finance, oil and gas, REITs, sports, not-for-profits and media sectors.

Examples include:

  • Refinancing floating-rate bank debt with fixed-rate medium- to long-term capital
  • Funding capital expenditures
  • Supporting merger & acquisition activity
  • Recapitalizations and stock repurchases


Our solutions


Senior Debt

A leading provider of senior debt capital to private placement issuers throughout the world.

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Master Note Facility

A financing vehicle allowing companies to lock in capital availability through access to medium to long-term, fixed rate debt financing.

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A leader in project finance and infrastructure investing with an investment portfolio spread access a variety of asset types.

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A leading provider of senior debt capital to electric, gas and water utilities.

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Structured Finance

A leader in securitized product investment management with a record of delivering value-added performance through its innovative approach and in-house research, structuring, and execution capabilities.

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A leading provider of senior debt to universities, health systems and foundations.

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Our team of senior professionals has the expertise and the insight to help your organization meet its financing objectives.

Senior Managing Director, Head of Private Capital Investors
NYL Investors

Colleen is a Senior Managing Director and Head of Private Capital Investors. She leads a team of investment professionals that manages a portfolio of private placement investments for New York Life.

Colleen joined the firm in 2009. Previously, she was at Société Générale for 9 years primarily working in the bank’s debt private placement group with responsibilities for originating, structuring, and distributing traditional private placement financings. She has over 20 years of experience in the private placement market.

Colleen earned a B.S. in Finance and International Business from Pennsylvania State University.


Private Capital Investors is an Investment division within NYL Investors LLC, a wholly owned subsidiary of New York Life Insurance Company


Chartered Financial Analyst (CFA)

Meaghan Black

Managing Director, Infrastructure and Utilities Team Leader

Chris Carey

Managing Director, Head of North American Direct Origination

Aron Davidowitz

Managing Director, Agent Origination Team Leader

Andrew Donner

Andrew Donner

Managing Director, Head of Chicago Office

R. Edward (Ned) Ferguson

Managing Director, Chief Credit Officer

Edward Fitzgerald

Managing Director, Head of Structured Finance Group

Loyd Henderson

Managing Director, Head of San Francisco Office

Post Howland

Managing Director, Head of Agent and Infrastructure Origination

Scott Seewald

Managing Director, Head of Structured Finance Credit and Private Originations

Akshay (Ash) Shah

Managing Director, Head of London Office


Contact Private Capital Investors

An experienced and committed financial partner with offices in New York, Chicago, San Francisco and London

Because we are regionally based, we are well positioned to understand local market conditions and can offer tailored solutions to meet your needs. At Private Capital Investors, we work hard to develop long-term partnerships and be there for companies when they need us. Our local market presence ensures that we can achieve just that.

We have a dedicated team of experienced professionals who are recognized market leaders and are prepared to help you achieve your financing goals.

Contact Private Capital Investors


303 W. Madison Street, Suite 2050
Chicago, IL 60606


Andrew Donner
Managing Director
Head of Chicago Office

San Francisco
50 California Street Suite 2100
San Francisco, CA 94111


Loyd Henderson
Managing Director
Head of San Francisco Office

New York Life Investment Management (U.K.) Ltd.
28 Grosvenor Street
London W1K 4QR, UK

Akshay (Ash) Shah
Managing Director
Head of the London Office
London W1K 4QR, UK
+44 (20) 3427 6782

New York
51 Madison Avenue
New York, NY 10010

Chris Carey
Managing Director
Head of North American Direct Origination

Post Howland
Managing Director
Head of Agent and Infrastructure Origination

Edward Fitzgerald
Managing Director
Head of Structured Finance Group