THL Credit appoints real estate veteran to its board

Deborah McAneny brings over 21 years of expertise in managing alternative asset classes to the Boston-headquartered lender.   

THL Credit has appointed Deborah McAneny to its board of directors, the firm announced. Over more than 20 years at John Hancock Financial Services, her roles included managing a $20 billion portfolio of real estate debt and other assets.

During her time at John Hancock, McAneny headed the Hancock Natural Resource Group; was president at John Hancock Real Estate Finance, and chief financial officer at Hancock Realty Investors. She is a lead independent director for HFF, a US-based commercial real estate broker and lender.

“Her expertise in alternative investments and years of experience in the financial services industry will bring new perspectives and insights to both our Board of Directors and THL Credit as we continue to grow in the years ahead,” Sam Tillinghast, THL Credit's co-chief executive officer, said in a statement.

McAneny was the executive vice president for structured and alternative investments between 2002 and 2004, when the company was acquired by Canadian insurer Manulife in 2004. McAneny was a director with KKR, the multinational private equity giant, between 2005 and 2014.

A 55 year-old native of Cumberland, Rhode Island, McAneny was the chief operating officer of Connecticut-based Benchmark Senior Living between 2007 and 2009. The retirement home business role was a slight detour from her more than 20 year career in alternative assets. She started her career at Arthur Andersen & Co as a senior auditor in the early 80s.

McAneny is replacing independent director John Sommers, who recently retired from the board of directors, PDI understands.

THL Credit, the credit arm of Boston head quartered Thomas H. Lee Partners LP, manages assets worth $5.6 billion via two main investment platforms- direct lending and tradable credit, a business development company (BDC) and private funds.