CVC Credit Partners ("CVC Credit") today announced that Tom Newberry has joined the firm as a Senior Managing Director and Head of the Group's Private Funds business. He will be based in New York and will be a member of CVC Credit's Operating Board.

Tom was formerly a Managing Director at Credit Suisse, where he was Head of Global Leveraged Finance Capital Markets and Syndicated Loans, responsible for the underwriting of all high yield bond, mezzanine and syndicated loan transactions as well as the sale and trading of both par and distressed loan assets. Tom joined Credit Suisse in November 2000 when CSFB merged with Donaldson, Lufkin & Jenrette where he was a Managing Director and Head of US Loan Capital Markets. Tom joined DLJ in 1996 from Deutsche Bank where he was a Managing Director and Head of North American Loan Syndications, responsible for all aspects of syndicated loan underwriting and distribution.

Tom served on the Board of Directors of the Loan Syndication & Trading Association for six years, acting as both Chairman and Vice Chairman.

Commenting on this appointment, Marc Boughton, CEO of CVC Credit, said: "Tom brings 25 years of global credit expertise across both the private and public credit markets. Tom will be integral to expanding our corporate, sponsor and investor partnerships and delivering tailored credit investment solutions alongside our investment teams."

Steve Hickey, Chief Risk Officer of CVC Credit, said: "I am delighted that Tom has joined the Group. Over a long career, Tom has been one of the individuals at the forefront of the growth and development of the credit markets, supporting both private equity and corporate clients."