By Kristen Haunss April 19 (Bloomberg) — Carlyle Group’s Steve Sterling , who headed research for the U.S. leveraged finance group, is joining BlackRock Inc. in global capital markets, according to three people familiar with the move. Sterling, 46, will be based in New York and is expected to start as early as next week, said one of the people, who declined to be identified because the discussions are private. Sterling declined to be interviewed. Christopher Ullman , a Carlyle spokesman, confirmed Sterling has left the private equity firm. Bobbie Collins , a BlackRock spokeswoman, declined to comment. Carlyle announced Sterling’s hiring in December 2007, saying he would start in January 2008, according to a news release from that time. Sterling previously worked at Bear Stearns Cos., where he headed high-yield capital markets, which included bonds, loans and loan sales, and Lehman Brothers Holdings Inc., where he was in charge of loan capital markets, the person said. To contact the reporter on this story: Kristen Haunss in New York at khaunss@bloomberg.net
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Carlyle Group Debt Specialist Steve Sterling Said to Be Hired by BlackRock
