As Co-President, Rick McCready oversees the management of all aspects of The Davis Companies’ operations, plays a leading role in setting firm-wide strategy, chairs TDC’s Executive Committee, and serves on the Investment Committee for each of the active funds.
Prior to joining TDC, Rick was the founder of Hummock Pond Capital Strategies, a real estate consulting and advisory firm that assisted real estate-related funds and businesses with operations, capital raising and strategic planning. Most notably, while at Hummock Pond, Rick provided advisory services to and continues to serve as an independent Board Member and Audit Committee Chairman of the Versus Global Multi-Manager Real Estate Income Fund, which provides retail investors access to a diversified portfolio of institutional, core real estate funds. Prior to founding Hummock Pond, Rick was the Chief Operating Officer and Executive Vice President of NorthStar Realty Finance Corp (NYSE: NRF), a publicly traded commercial real estate finance company with over $10 billion in assets under management. Rick was one of the key executives responsible for originating and overseeing new business initiatives and building the organization. Rick spearheaded and managed the IPO spin-off of NRF, while serving as President, COO and Director of NRF’s predecessor company, NorthStar Capital Investment Corp., a private equity fund business specializing in opportunistic investments in real estate assets and operating companies. Prior to NorthStar, Rick served first as General Counsel and then as the President, COO and Director of Winthrop Financial Associates and before that practiced law at Mintz Levin in Boston. In addition, Rick has served on numerous real estate company boards and has a broad knowledge of multiple real estate property types and strategies. Rick is a Phi Beta Kappa graduate of The University of New Hampshire and received his law degree, magna cum laude, from Boston College, where he served as a member of the Law Review.