The Carlyle Group has nabbed former Morgan Stanley sales and trading chief Michael “Mitch” Petrick as its first global head of credit alternatives and capital markets, the private-equity firm said today.

Petrick, who's been named managing director and will join Carlyle’s operating committee, will lead the firm’s leveraged finance, mezzanine and distressed teams. He will oversee a total of 57 investment professionals and funds with $19 billion in assets. He was most recently managing director and global head of institutional sales and trading with Morgan Stanley, where he worked for 20 years.

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