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Published on 3/26/2007 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Barclays Capital announces leveraged finance promotions; Harrison, Kelleher to be co-heads

By Laura Lutz

Des Moines, March 26 - Barclays Capital announced several promotions within its European leveraged finance group.

Kirk Harrison and Phil Kelleher have been appointed to the newly created role of co-heads of leveraged product.

Harrison and Kelleher were both previously managing directors. Their responsibilities will include senior debt, second lien, mezzanine, high-yield and public and private payment-in-kind debt.

Within the leveraged-product group, Graham Rainbow and Alaric Fountain-Barber will take joint responsibility for the private leveraged syndicate. Boris Okuliar will take responsibility for public leveraged syndicate.

The company said in a release that the leveraged-product promotions "will create a closely integrated syndicate team that builds on the firm's product-agnostic approach to providing optimal financing solutions to clients."

Jonathan Hosgood and David Shaw have been jointly promoted to co-heads of sponsor origination.

Harrison, Kelleher, Hosgood and Shaw will report to John Kelting, head of European leveraged finance.

"The changes announced today will provide integration and innovation across leveraged products and origination, benefiting our clients and investors," Kelting said in the release.


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