CIT recruits leverage finance

CIT Capital Finance, the UK debt provider to private equity sponsors, has hired Toby Deane as director on the lead origination side for the group’s leveraged finance team.

He joins from Societe Generale corporate and investment banking, where he was director in media and telecom finance, where he worked on the origination, structuring and execution of leveraged transactions. Before this he was a vice president in portfolio management for the diversified industries group at Bank of America, based in London.