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Michael A. Herzig

Senior Managing Director, Head of Business Development

  • Industry start
  • Year joined

Michael Herzig is a senior managing director and head of business development at First Eagle Alternative Credit, where his responsibilities include marketing and client service. Mike also directs the product development and strategy committee, which is charged with developing new fund products for the institutional market, and serves on the investment committee of the firm’s Tradable Credit platform. Mike became part of First Eagle in 2020 upon the firm’s acquisition of THL Credit, which he had joined in 2008. Previously, he was head of product strategy in the alternative credit strategies group at McDonnell Investment Management. Before that, Mike was co-head of Deutsche Bank’s CDO business in the Americas, overseeing CLO underwriting and product placement, as well as hedging and risk management of the leveraged loan warehouse lines; he also served as the bank’s representative on the board of the Loan Securities Trading Association. Prior to Deutsche Bank, Mike was a senior marketer of structured credit and interest rate derivative products to US institutional investors for Merrill Lynch. Mike earned a BA in international business and French from Lehigh University.