John Stomber To Build Division At Carlyle

The Carlyle Group has hired John Stomber, a former managing director in the structured finance group at Cerberus Capital Management, to build up its asset-backed and mortgage-backed securities products division within the fixed-income area.

  • 19 May 2006
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The Carlyle Group has hired John Stomber, a former managing director in the structured finance group at Cerberus Capital Management, to build up its asset-backed and mortgage-backed securities products division within the fixed-income area. He may also be involved in creating platforms dealing in foreign exchange swaps. Stomber began working at the firm's New York office May 1. He is a managing director in the leveraged finance group and reports to James Hance, a senior advisor at Carlyle. Carlyle's leveraged finance group manages $5.5 billion in 12 high-yield, mezzanine and distressed funds in the U.S. and Europe.

"I have come in to expand Carlyle's fixed-income platform and various product classes that the firm is not involved in," said Stomber. He said that asset-backed and mortgage-backed securities are not entirely new products at the firm, but he will essentially be responsible for starting up the products division.

Stomber said he was approached by an intermediary to join the firm. He said it was a hard decision to leave Cerberus, which he joined in 2004, especially because the firm had just completed its acquisition of General Motors Acceptance Corp., a deal in which he said he had been a big part of. While at Cerberus, he was also part of the team that put in a bid during the auction for Refco.

Before joining Cerberus, Stomber was vice president and global treasurer of Merrill Lynch. Before that, he was a managing director at Deutsche Bank between 1991 and 1999. At Deutsche Bank, Stomber built and managed its North American fixed-income and foreign exchange swaps and derivatives business.

  • 19 May 2006

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%