New York Life Capital Partners Names New Principal

Sep 28 2011 | 11:58am ET

Alternative asset manager New York Life Capital Partners has promoted Matthew Cashion to principal.

Cashion began his career in private equity with New York Life in 1998 and is focused on sourcing, analysis and execution of equity co-investment, mezzanine and private equity fund opportunities.

In his new position, Cashion will take a leadership role on transaction deal teams and will serve as a member of the firm’s Investment Committee.

“Matt has been a member of the NYLCAP team since its formation and has been a major contributor to the firm’s success,” said Thomas Haubenstricker, chief executive offiecer of NYLCAP.

“The addition of Matt to the partner level helps further bolster our team as we continue to grow and expand our business.”

NYLCAP manages approximately $8.4 billion in private equity assets, including direct equity, direct mezzanine, and limited partnership investments. As an affiliate of New York Life Investment Management, NYLCAP manages alternative assets for New York Life Insurance Company, its affiliates and other institutional investors.

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