The Carlyle Group has hired Mike Ramsay as a managing director to start up and lead its European leveraged finance business. Ramsay was formerly head of leveraged finance at Prudential M&G and will join Carlyle in late September in London. The Bank of Scotland will be a strategic investor and J.P. Morgan will serve as an arranger. Carlyle plans to invest in European senior secured bank loans, as well as mezzanine loans and high yield bonds.
Carlyle Starts European Loan Biz