Daniel D. McCready is a managing director and head of Credit Risk Management for Direct Lending at NewStar Financial, the alternative credit group of First Eagle. He chairs the Investment and Underwriting Committees for NewStar.
Dan has more than thirty years of experience in leveraged finance and sponsor coverage. Before joining NewStar in 2013 as chief credit officer (later named chief investment officer in 2016), he was chief credit officer of corporate finance of CIT Group and a member of the firm’s Credit Policy Committee. His risk responsibilities included all industry groups and all product categories across the Corporate Finance division, including sponsor finance, asset-based lending and equipment finance. Dan has held risk-leadership positions for over 15 years, including credit management and restructuring at GE Capital and CIBC World Markets. His previous experience includes sponsor-finance origination and debt-capital-markets responsibilities at Bankers Trust/Deutsche Bank and Bank of America.
Dan holds a BS in physics from the United States Naval Academy and an MBA in finance and investment from George Washington University.