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