MacKay Shields Intermediate Bond Fund LP’s indefinite exempt securities offering has sold $690,410,000 in limited Partnership interests. The offering identifies four investors and names MacKay Shields LLC as Investment manager, while Placement agents may receive shared management fees and other direct fees, giving investors the stated distribution and fee details.

Key Highlights

  • The exempt offering’s total size is listed as indefinite.
  • Four investors are identified in the offering.
  • Placement agents may receive shared management fees and direct sales loads.

MacKay Shields Intermediate Bond Fund LP had sold $690,410,000 in an exempt securities offering whose total size is listed as indefinite. The offering covers limited partnership interests, with MacKay Shields LLC serving as investment manager and MacKay Shields Intermediate Bond Fund GP LLC acting as general partner.

Offering Structure and Fund Relationships

The offering identifies four investors. MacKay Shields LLC and MacKay Shields Intermediate Bond Fund GP LLC are each associated with an address at 299 Park Avenue, 32nd Floor, New York, New York 10,171. Rene A. Bustamante signed for the fund as executive managing director of MacKay Shields LLC on September 3, 2026.

Placement Agent Fee Arrangements

MacKay Shields LLC shares part of its management fee from the fund with one or more placement agents. Those agents may also receive fees, including sales loads, paid directly to them and not deducted from investor amounts. The amount of those additional fees is unknown to the fund and the investment manager.