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Tuesday, November 19, 2013

Barclays names new head of Americas sponsors group -memo, (NYSE: BCS), (NYSE: BX), (NYSE: PF), (NYSE: SEAS)

Barclays Plc has named Chris Sullivan as head of its financial sponsors group for the Americas, according to an internal memo. Sullivan in the new role will succeed John Miller, was promoted last month to the newly created position of head of banking for the Americas.A Barclays representative confirmed the contents of the memo, which was sent to staff on Monday. A copy of the document was seen by Reuters.Sullivan joined the firm in 1998 as part of the industrials group and transitioned in 2003 to financial sponsors coverage, which includes building relationships with private equity firms. Among other transactions, he worked with Blackstone Group LP on leveraged buyouts and subsequent initial public offerings of both Pinnacle Foods Inc and SeaWorld Entertainment Inc.Sullivan will work alongside Karen Frank and Ken McGrath, who have been appointed co-heads of financial sponsors group for Europe, Middle East and Africa.

Barclays PLC (Barclays) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. Shares of BCS traded higher by 0.62% or $0.1/share to $16.25. In the past year, the shares have traded as low as $13.96 and as high as $18.99. On average, 2323540 shares of BCS exchange hands on a given day and today's volume is recorded at 1023804.

The Blackstone Group L.P. (Blackstone) is a manager of private capital and provider of financial advisory services. Shares of BX fell by 0.8% or $-0.22/share to $27.12. In the past year, the shares have traded as low as $14.00 and as high as $28.73. On average, 4617850 shares of BX exchange hands on a given day and today's volume is recorded at 1255280.

Shares of PF fell by 0.19% or $-0.055/share to $28.40. In the past year, the shares have traded as low as $22.15 and as high as $28.59. On average, 282634 shares of PF exchange hands on a given day and today's volume is recorded at 57426.

SeaWorld Entertainment, Inc. is a theme park and entertainment company. Shares of SEAS fell by 0.69% or $-0.22/share to $31.83. In the past year, the shares have traded as low as $27.48 and as high as $39.65. On average, 462826 shares of SEAS exchange hands on a given day and today's volume is recorded at 94812.



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