Barclays Plc has named Rob Edgell and Kaseem Shafi as co-heads of its mergers and acquisitions sell-side advisory business in the Americas as its looks to work on more private equity exits and corporate divestitures.

Edgell joined Barclays through a predecessor firm in 2006 and was added to the sell-side advisory team in 2021 and has worked on transactions involving Chevron Corp. and Toshiba Corp., reported Bloomberg News.

Shafi, who joined Barclays in 2019, will relocate to New York and retain his role as global head of private capital advisory.

“As sell-side processes increasingly include continuation vehicles and other bespoke solutions involving non-traditional buyers, the combination of Barclays’ historically strong sell-side effort with its distinctive capability in structuring continuation vehicles and other private capital solutions will provide a truly differentiated offering for our sponsor and corporate clients,” said Ihsan Essaid and Gary Posternack, Barclays’s co-heads of global mergers and acquisitions, according to Bloomberg.