Sunday, April 11

Carlyle hires Broadbent for new debt financing group

NEW YORK (LPC) – Carlyle Group has hired Tim Broadbent, the former head of US leveraged loan syndicate at Barclays, to lead a new group that will provide issuers and financial sponsors with capital markets advice.

A general view of the lobby outside of the Carlyle Group offices in Washington, U.S. May 3, 2012. REUTERS/Jonathan Ernst/File Photo

He will oversee the Carlyle Capital Solutions group, which will also seek to originate and structure leveraged loans, high-yield bonds, mezzanine debt and additional types of financing, according to a source.

Broadbent, who is based in New York, started Wednesday, the source said. He reports to Justin Plouffe, deputy chief investment officer for Carlyle Global Credit.

A Carlyle spokesperson declined to comment. Broadbent declined to be interviewed.

Reporting by Kristen Haunns; Editing By Michelle Sierra

Our Standards:The Thomson Reuters Trust Principles.

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