Sagent Advisors Adds Two Senior Bankers

                   Sagent Advisors Adds Two Senior Bankers

Joseph Mooney Joins as Head of M&A, Paul Scherzer Leads Metals and Mining

PR Newswire

NEW YORK, April 2, 2013

NEW YORK, April 2, 2013 /PRNewswire/ --Sagent Advisors, LLC, a leading
independent investment banking firm, announced today that Joseph Mooney and
Paul Scherzer have joined the firm as Managing Directors, effective
immediately. Mr. Mooney, who joins from Citigroup, will serve as the Head of
Mergers and Acquisitions, and Mr. Scherzer, who joins from Credit Suisse, will
lead the firm's Metals and Mining efforts. They are both based in Sagent's New
York headquarters.

"Joe and Paul are first and foremost outstanding advisors to clients, and we
are thrilled to add such high-caliber bankers to our team," said Hal Ritch,
Sagent Advisors' Chief Executive Officer. "At Sagent we pride ourselves on a
reputation for solving clients' most complex, strategic and important
financial situations through fresh, original thinking. Joe and Paul's wide
range of expertise, experience and entrepreneurial spirit are a perfect fit
for our firm, and I am confident they will bring immediate value to our

Prior to joining Sagent, Mr. Mooney was a Managing Director at Citigroup where
he had been since 1999, most recently as the senior M&A partner overseeing
East Coast technology. While at Citigroup, Mr. Mooney advised numerous
domestic and international clients on a variety of buy- and sell-side
transactions across a range of industries. Among his recent assignments, Mr.
Mooney advised Genpact on Bain Capital's purchase of $1.0 billion of Genpact
shares from GA and Oak Hill and subsequent $500 million special dividend;
Fundtech on its $400 million sale to GTRC; Avis Budget on its $1.0 billion
acquisition of Avis Europe; Keane, Inc. on its sale to NTT Data; and Express
Scripts on its $4.7 billion acquisition of Wellpoint's PBM business. Prior to
Citigroup, he worked in the Mergers and Acquisitions groups at both Morgan
Stanley and Salomon Brothers Inc.

Mr. Mooney graduated with a Bachelor of Arts in History from Hampden-Sydney
College and received his MBA from the Fuqua School of Business at Duke

Mr. Scherzer joins Sagent from Credit Suisse after an 18-year tenure where he
was most recently the Head of Americas Metals & Mining. He has expertise
across an array of industries and has covered the metals and mining sector
across the globe, advising global clients on the full spectrum of mergers and
acquisitions as well as capital market products including initial public
offerings, debt and equity financings. Mr. Scherzer has advised clients in a
broad range of complex, strategic transactions including Sunoco on its
$1.5billion separation of SunCoke Energy; Signal Peak Energy in its sale of
an interest to Gunvor Group; and Evraz Group in its $4.0 billion acquisition
of ISPCO Tubular and its subsequent $1.7 billion sale of IPSCO USA to OAO TMK.

Mr. Scherzer graduated with a Bachelor of Arts in Business Administration from
the Richard Ivey School of Business at Western University in Ontario.


Sagent Advisors is an independent investment banking firm that provides
financial advisory and capital raising solutions to clients on mergers,
acquisitions, sales and restructurings. Sagent provides broad industry and
execution expertise through its offices in the U.S. in New York, Charlotte,
Chicago, San Francisco and Tysons Corner, Virginia. Our significant global
reach is bolstered through our alliances with Daiwa Securities Capital Markets
in Asia and DC Advisory in Europe. At Sagent, we embody the principles of
thoughtful advice - free of structural conflicts - with dedicated, senior
attention to our clients' most important challenges and opportunities.

SOURCE Sagent Advisors, LLC

Contact: Scott Kaplan, Sagent Advisors, (212) 904-9477
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