Barclays has hired Michael Del Giudice, a former managing director in global asset management at Citigroup, as chairman of its financial sponsors group, Bloomberg News reported.

Del Giudice, based in New York, will report to Jean-Francois Astier, global head of the bank’s financial sponsors group. Prior to joining Citigroup, Del Giudice worked at Smith Barney Harris Upham. He has relationships with buyout firms including Blackstone, Warburg Pincus, Carlyle, Onex Corp., EQT and Centerbridge Partners.