NYLI CBRE Global Infrastructure Megatrends Term Fund is experiencing a wave of shareholder activism as it approaches its Annual Meeting of Shareholders, scheduled for October 1, 2025, at the offices of New York Life Investment Management LLC in New York City. Saba Capital Master Fund, Ltd., managed by Saba Capital Management, L.P., has announced its intention to nominate Paul Kazarian as a candidate for the board of trustees. Saba, a private fund known for its activist strategies, is seeking to influence the composition of the board by introducing fresh perspectives. The meeting's agenda includes electing five trustees, with two Class II Trustees serving until 2027 and three Class III Trustees until 2028. Shareholders are closely monitoring the developments to understand the potential impact on the fund's strategic direction and governance.
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