Daniel D. McCready
Head of Credit Risk Management
Daniel D. McCready is head of Credit Risk Management for Direct Lending at First Eagle’s Private Credit team, where he also chairs the Investment and Underwriting committees. He has been a member of the team since 2013, when he joined NewStar Financial (acquired by First Eagle in December 2017).
Dan has more than 30 years of experience in leveraged finance and sponsor coverage. Before joining NewStar as chief credit officer (later named chief investment officer), 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 included 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.