Form 4: Portfolio Manager Boosts Stake in CBRE Global Infrastructure Fund

Jeremy Anagnos, a Portfolio Manager for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), reported an acquisition of additional shares, increasing his beneficial ownership.

Summary

• Jeremy Anagnos, a Portfolio Manager for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), reported a purchase of 250 shares of the fund.
• The transaction occurred on July 11, 2025, at a price of $14.1 per share.
• Following this transaction, Mr. Anagnos beneficially owns a total of 27,750 shares of NYLI CBRE Global Infrastructure Megatrends Term Fund.
• The filing was signed by Jeff Chang on July 15, 2025.

Sentiment

Score: 7

Explanation: The purchase of shares by a portfolio manager is generally a positive signal, indicating confidence in the fund's future performance.

Positives

• A Portfolio Manager increasing their stake in the fund signals confidence in the fund's future performance and strategy.
• The purchase of shares at $14.1 indicates a direct investment by management, aligning their interests with those of other shareholders.

Future Outlook

This Form 4 filing does not provide forward-looking statements or guidance regarding the fund's future performance or strategy.

Industry Context

Insider buying, such as this transaction by a portfolio manager, is often viewed by the market as a positive signal, indicating management's belief in the intrinsic value and future prospects of the investment. This aligns with broader trends where investor confidence can be bolstered by direct financial commitment from key personnel.

Comparison to Industry Standards

• Insider purchases, particularly by portfolio managers, are generally seen as a strong indicator of confidence, aligning with best practices in investment management where managers' interests are directly tied to fund performance.
• While specific comparable companies or projects are not detailed in this filing, the act of a portfolio manager increasing their personal stake is a common positive signal across the investment fund industry, similar to executive stock purchases in operating companies.

Related Party Transactions

• Jeremy Anagnos, a Portfolio Manager for NYLI CBRE Global Infrastructure Megatrends Term Fund, purchased 250 shares of the fund's stock at $14.1 per share.

Stakeholder Impact

• Shareholders: The purchase by a portfolio manager may instill greater confidence among existing and potential shareholders, suggesting that management believes the fund's shares are undervalued or poised for growth.

Key Dates

Recommendation

Keywords

NYLI CBRE Global Infrastructure Megatrends Term Fund, MEGI, Insider Trading, Form 4, Beneficial Ownership, Portfolio Manager, Share Purchase, Investment Fund, Infrastructure