Joseph Naccarato
Chief Operating Officer at Cerberus Business Finance LLC
Profile
Mr. Naccarato joined Cerberus in 2000 and is Chief Operating Officer and Chief Credit Officer of Cerberus Business Finance, Cerberus’ middle-market direct lending platform.
Mr. Naccarato provides operational oversight for Cerberus Business Finance, which includes approximately 70 professionals across three offices in the United States.
Additionally, in his role, Mr. Naccarato is responsible for overseeing the business’ credit function and is active in the turnaround positions for the portfolio.
Cerberus Business Finance has become a recognized leader and innovator in the leveraged financed industry, with one of the largest origination platforms in the United States.
Prior to joining Cerberus, Mr. Naccarato was Head of Credit at Bank of America Commercial Funding, where he was responsible for managing all aspects of credit relating to a loan portfolio consisting of middle market asset-backed credit facilities.
At Bank of America, he was instrumental in establishing the small ticket asset-based lending division.
He began his career at The CIT Group in 1993 and in 1996, transitioned to LS&CO, a mid-size regional accounting firm later acquired by Weiser LLP.
Mr. Naccarato graduated from SUNY Oneonta and holds a CPA.
Joseph Naccarato active positions
Companies | Position | Start |
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Cerberus Business Finance LLC
Cerberus Business Finance LLC Regional BanksFinance Cerberus Business Finance LLC offers commercial lending services to middle market companies. It provides acquisition, working capital, recapitalization, and debtor-in-possession financing and bridge loans. The company was founded in 1994 and is headquartered in New York, NY. | Chief Operating Officer | - |
Cerberus Capital Management LP
Cerberus Capital Management LP Investment ManagersFinance Cerberus Capital Management LP (Cerberus) is a private equity firm founded in 1992 by Stephen A. Feinberg and William L. Richter. It is headquartered in New York. | Private Equity Investor | 1999-12-31 |
The CIT Group Holdings, Inc.
The CIT Group Holdings, Inc. MiscellaneousMiscellaneous The CIT Group Holdings, Inc. is a holding company, which engages in the provision of services relating to finance, insurance, and real estate non-depository institutions. The company is headquartered in New York, NY. | Corporate Officer/Principal | - |
Training of Joseph Naccarato
State University of New York College at Oneonta | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Private companies | 3 |
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Cerberus Business Finance LLC
Cerberus Business Finance LLC Regional BanksFinance Cerberus Business Finance LLC offers commercial lending services to middle market companies. It provides acquisition, working capital, recapitalization, and debtor-in-possession financing and bridge loans. The company was founded in 1994 and is headquartered in New York, NY. | Finance |
Cerberus Capital Management LP
Cerberus Capital Management LP Investment ManagersFinance Cerberus Capital Management LP (Cerberus) is a private equity firm founded in 1992 by Stephen A. Feinberg and William L. Richter. It is headquartered in New York. | Finance |
The CIT Group Holdings, Inc.
The CIT Group Holdings, Inc. MiscellaneousMiscellaneous The CIT Group Holdings, Inc. is a holding company, which engages in the provision of services relating to finance, insurance, and real estate non-depository institutions. The company is headquartered in New York, NY. | Miscellaneous |
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