Deutsche Banc Alex. Brown named Carl A. Mayer 3d as a managing director in high-yield capital markets.

The unit of Deutsche Bank AG said Monday that Mr. Mayer, who had been with Bear, Stearns & Co., will be based in New York and report to Richard Byrne, the global head of high-yield capital markets.

Mr. Mayer, 37, was a managing director in the high-yield and leveraged finance area at Bear Stearns. He has over a decade of experience in the high-yield/leveraged finance arena.

Before that he was a senior vice president of corporate finance General Electric Capital Corporation, where focused on providing financing for leveraged buyouts, acquisitions, and recapitalizations.

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