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Barclays Capital hires new head of US leveraged loans syndication unit

3 Dec 2009

Barclays Capital, the investment banking division of Barclays Bank, has appointed Tim Broadbent to lead its US Leveraged Loan Syndicate team, according to Reuters.

An internal memo reportedly names Broadbent as the successor to Bill Hughes, who left for Citigroup.

Broadbent has been with Barclays since 2006 and has over 20 years’ experience with both Barclays and JPMorgan.

Barclays has been involved in financing recent leveraged private equity deals. These include the largest buy-out of the year, the $5.2bn acquisition of IMS Health by TPG and the Canada Pension Plan Investment Board, and the sale of Anheuser-Busch Inbev’s US theme parks, including the iconic Sea World, to Blackstone.

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