Daniel D. McCready

Head of Credit Risk Management for Direct Lending at NewStar Financial, Inc.

Daniel D. McCready

Daniel D. McCready

Head of Credit Risk Management for Direct Lending at NewStar Financial, Inc.

Biography

Mr. Daniel D. McCready is a Chief Investment Officer at NewStar Financial, Inc. He chairs the Investment and Underwriting Committees and is also a member of the firm's Management Committee. He has more than thirty years of experience in leveraged finance and sponsor coverage. Mr. McCready joined the company from CIT Group, where he was Chief Credit Officer of Corporate Finance and a member of the 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. He has held risk leadership positions for over fifteen years, including credit management and restructuring at GE Capital and CIBC World Markets. His previous experience includes sponsor finance origination and debt capital markets at Bankers Trust/Deutsche Bank and Bank of America.He holds a B.S. in Physics from the U.S. Naval Academy and an M.B.A. in Finance and Investment from George Washington University.

Overview
Career Highlights

NewStar Capital LLC

RelSci Relationships

510

Number of Boards

3

Birthday

1957

Age

62

Relationships
RelSci Relationships are individuals Daniel D. McCready likely has professional access to. A relationship does not necessarily indicate a personal connection.

Head of Private Credit at First Eagle Investment Management LLC

Relationship likelihood: Strong

President & Chief Executive Officer at NewStar Financial, Inc.

Relationship likelihood: Strong

Chief Technology Officer & Director at NewStar Business Credit LLC

Relationship likelihood: Strong

Managing Director at NewStar Capital LLC

Relationship likelihood: Strong

Head of Direct Origination at NewStar Financial, Inc.

Relationship likelihood: Strong

Director & Head-Information Technology at NewStar Financial, Inc.

Relationship likelihood: Strong

General Counsel, Senior Vice President at First Eagle Investment Management LLC

Relationship likelihood: Strong

Managing Director & Head-Corporate Development at NewStar Financial, Inc.

Relationship likelihood: Strong

Managing Director & Treasurer, Lending & Clos at NewStar Financial, Inc.

Relationship likelihood: Strong

Director, Head of Human Resources at NewStar Financial, Inc.

Relationship likelihood: Strong

Paths to Daniel D. McCready
Potential Connections via
Relationship Science
You
Daniel D. McCready
Head of Credit Risk Management for Direct Lending at NewStar Financial, Inc.
Education

The George Washington University actively engages Washington, D.C., and the world. Their location in the heart of Washington places them at the core of U.S. government, policy and law. They sit where the worlds of science, technology, media and the arts converge. Their students and faculty have the unparalleled opportunity to study and work alongside leaders and practitioners in every discipline, to take part in the interchanges that shape our community and the world. The George Washington University was created in 1821 through an Act of Congress, fulfilling George Washington’s vision of an institution in the nation’s capital dedicated to educating and preparing future leaders. Today, GW is the largest institution of higher education in the District of Columbia. They have more than 20,000 students—from all 50 states, the District and more than 130 countries—studying a rich range of disciplines: from forensic science and creative writing to international affairs and computer engineering, as well as medicine, public health, the law and public policy. GW comprises three campuses—Foggy Bottom and Mount Vernon in Washington, D.C., and the GW Virginia Science and Technology Campus in Ashburn, Va.—as well as several graduate education centers in the metropolitan area and Hampton Roads, Va.

As the undergraduate college of our country’s naval service, the Naval Academy prepares young men and women to become professional officers of competence, character, and compassion in the U.S. Navy and Marine Corps. Naval Academy students are midshipmen on active duty in the U.S. Navy. They attend the Academy for four years, graduating with Bachelor of Science degrees and then commissioning as Ensigns in the Navy or Second Lieutenants in the Marine Corps.

MBA Finance & Investments

The George Washington University School of Business (GWSB or GW School of Business) is the business school of George Washington University in Washington, D.C., United States. The GW School of Business is a top-tier institution that offers both undergraduate and graduate business degrees in a variety of programs.

Career History
Chief Investment Officer
2017 - Current

Feingold O'Keeffe Capital (FOC) specializes in strategies that predominantly focus on companies with leveraged balance sheets. The firm invests mainly in bonds, bank debt and other higher yield debt securities issued in the US. FOC may, at certain times, invest in the securities of issuers located in other regions. Depending the client's investment objective, they may also invest in common or preferred stock, warrants to purchase common or preferred stock, and other equity interests. Positions range from the top of a corporate capital structure to the bottom and may include distressed securities. Investments may span across capital structures, including but not limited to, bank debt, corporate bonds (high yield and investment grade), convertible bonds, preferred stock, common stock, credit default swaps and other derivative contracts.The FOC Funds fall into two main investment strategies. One is a long-short opportunistic credit fund that invests in various parts of the capital structure of levered companies, and the other is a secured value fund that focuses mainly on catalyst-driven investing insenior secured loans and secured instruments.

Head of Credit Risk Management for Direct Lending
2013 - Current

NewStar Financial, Inc. provides financial and investment services. It operates through the Commercial Lending and Asset Management segments. The Commercial Lending segment includes direct lending activities which are focused on providing a senior secured debt options to mid-sized companies. The Asset Management segment represents investment advisory activities which are focused on managing private credit funds that co-invest in middle market loans originated through the established direct lending platform. The company was founded by Timothy J. Conway in 2004 and is headquartered in Boston, MA.

Managing Director
Prior

CIBC World Markets is a full-service investment bank headquartered in New York City. CIBC provides an internationally integrated research product through three primary strategies. In the US, the firm provides research coverage available in areas of focus, including technology, telecommunications, healthcare, energy, power generation and technology, financial institutions, consumer growth, real estate and media. In Canada, the firm offers the full spectrum of coverage for all of the sectors that form the TSE 300 Index.Their broad investment grade analysis of return bond Indices provides daily performance of the Canadian bond market. The sectors covered are: government of Canada bonds, provincial and municipal bonds and corporate bonds rated AAA/AA, A and BBB.Also available is a monthly ABS/MBS market report that provides information on ABS market conditions, market summary data and monthly performance reports on outstanding transactions. This report includes information about the MBS market, including key statistics on MBS spreads and prepayments. Another report contains MBS trading data, cash flows and other key data. A separate monthly Portfolio Valuation Report provides month end pricing for ABS and MBS transactions.Corporate debt research produces highly targeted credit analysis and research for investment grade and high yield debt securities. The corporate bond review covers bond market action, new issues, price/yield movements, rating changes, and buy/sell recommendations.The fixed-income research group produces actionable fundamental and technical analysis, strategies, products, and runs bond indexes and quantitative models relating specifically to fixed income markets, bond portfolios, and individual securities.CIBC provides risk management solutions to corporations, investors, financial institutions, and governments across all asset classes: interest rates, equities, credit, currency, and commodities.CIBC World Markets is a subsidiary of Canadian Imperial Bank of Commerce.

Boards & Committees
Chairman, Investment Committee
2016 - Current

NewStar Financial, Inc. provides financial and investment services. It operates through the Commercial Lending and Asset Management segments. The company was founded by Timothy J. Conway in 2004 and is headquartered in Boston, MA.

Advisory Board Member
Current

Saratoga Management co LLC invest in companies located in the US. The firm targets companies operating in the fields of media & telecommunications, industrial manufacturing, business services and information service sectors with an EBITDA ranging from $5 - $40 million and enterprise values of $50 - $500 million. They provides financing ranging from $5 million on the low end, up to $40 million & above in the form of equity and debt for buyouts, MBOs, build-ups, spin-offs, industry consolidations and special situations including restructuring and bankruptcies.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Daniel D. McCready. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Daniel D. McCready's profile does not indicate a business or promotional relationship of any kind between RelSci and Daniel D. McCready.