GE Capital, the US financial services group, is seeking to bolster its position in the European private equity market by expanding its leveraged finance team in London with new hires from within the banking and accountancy industries.

The company has focused on integrating Heller Financial, which it bought last year, and is now ready to add to the current team. The GE Capital European leveraged finance team is headed by Graham Randall, who previously ran Heller's leveraged finance operations.