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NEW YORK LIFE MANAGEMENT VP PATRICK G. BOYLE JOINS MANHATTAN COLLEGE’S BOARD OF TRUSTEES

RIVERDALE, N.Y. – Patrick G. Boyle, executive vice president of New York Life Investment Management (NYLIM) and a Manhattan College alumnus, has recently been elected to the College’s Board of Trustees.

Under Mr. Boyle’s direction, NYLIM’s guaranteed products team has emerged as a market leader in providing fixed-income investment services to top-notch clients, including many Fortune 500 companies. NYLIM, based in Parsippany, N.J., is an established money management and investment services firm with more than $180 billion in assets. Mr. Boyle, a resident of Morristown, N.J., was instrumental in building a business model that manages more than $23 billion in fixed-income assets. He is also responsible for Madison Capital Funding, a finance company that provides leveraged capital for buyouts, acquisitions and recapitalizations.

Mr. Boyle is actively involved in the institutional investment management community. He sits on the executive committee of NYLIM and serves on the boards of Eclipse Funds, New York Life Trust Company and Madison Capital Funding. Mr. Boyle, who has over 25 years of experience in the investment management business, has previously served as a director MBL Life Assurance Corporation (formerly Mutual Benefit Life) and Quorum Capital Management in London.

He graduated from Manhattan College in 1975 with a bachelor’s of science degree and completed the College’s master’s program in business administration in 1982. Mr. Boyle went on to complete the advanced management program at the Harvard School of Business in 1991. A native of the Bronx, Mr. Boyle attended Cardinal Spellman High School, where he has helped raise funds for student scholarships and building renovations. He continues to generate support for Catholic High Schools in New York City and the American Heart Association.

Mr. Boyle joins Mr. John V. Magliano, chief executive officer of leading engineering, construction and consulting firm Syska Hennessy Group, as the newest members of the College’s board of trustees.

 Manhattan College was founded in 1853 upon the Lasallian heritage of excellence in teaching inspired by St. John Baptist de La Salle.  Manhattan College is an independent, Catholic, coeducational institution of higher learning offering more than 40 major programs of study in the areas of arts, business, education, engineering and science. 


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November 10, 2004    Comments? C. Duggan