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IKB Hires Lazard’s Ina Burghardt for Leveraged, Corporate Loans

IKB Deutsche Industriebank AG (IKB), the German lender owned by Lone Star Funds, said it hired Ina Burghardt from Lazard Ltd. for loan syndications.

Burghardt joins as a Dusseldorf-based vice president focusing on the syndication for leveraged and structured corporate loans. She reports to Torten Aul, head of syndicate at IKB, the bank said in a statement.

Burghardt spent three years in Lazard’s debt advisory and restructuring team, IKB said.

Private equity firms have raised $26.5 billion to fund the buyout and refinancing of companies in Europe this year, more than seven times the amount for the same period of 2010, according to data compiled by Bloomberg.

IKB has arranged loans for deals including the buyout of German outdoor clothing retailer Jack Wolfskin by Blackstone Group LP and for the acquisition of Mondo Minerals BV by Advent International Corp.

To contact the reporter on this story: Patricia Kuo in London at pkuo2@bloomberg.net

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net

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