Evercore Partners
 |
|
| Type | Public company |
|---|---|
| Traded as | NYSE: EVR |
| Industry | Investment Banking |
| Founded | 1996 |
| Headquarters | New York, United States |
| Products | Investment Banking Investment Management |
| Revenue |  $376 million (2010)[1] |
| Net income | $38 million (2010)[1] |
| Employees | 610 (2010)[1] |
| Website | www.evercore.com |
Evercore Partners (NYSE: EVR) is a leading independent investment banking advisory firm. Evercore’s Investment Banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements, and other strategic transactions and also provides institutional investors with high-quality research, sales and trading execution that is free of the conflicts created by proprietary activities; Evercore’s Investment Management business comprises wealth management, institutional asset management, and private equity investing. Evercore serves a diverse set of clients around the world from its offices in New York, Boston, Chicago, Houston, Los Angeles, Minneapolis, San Francisco, Washington D.C., London, Aberdeen, Scotland, Mexico City, Monterrey, Hong Kong, Rio de Janeiro, and São Paulo.
Contents |
[edit] Business Divisions
[edit] Investment Banking
- Corporate Advisory
- Restructuring Advisory
- Institutional Equities
- Private Funds Group
[edit] Investment Management
- Institutional Asset Management
- Wealth Management
- Private Equity
[edit] Recent Activities
In November 2011, Evercore Partners announced that it had agreed to purchase a 45% non-controlling interest in ABS Investment Management, an institutionally focused equity long/short hedge fund of funds manager.[2]
In October 2011, Evercore Partners and Kotak Mahindra Capital Company Limited (“Kotak Investment Banking”)], a subsidiary of Kotak Mahindra Bank Limited and one of India’s leading investment banks, announced that the two firms had entered into an exclusive strategic alliance for cross-border M&A advisory services between India and the United States, the United Kingdom, and Mexico.[3]
In August 2011, the firm completed its acquisition of Lexicon Partners, a leading independent UK-based investment banking advisory firm. The acquisition enabled Evercore to advise its clients in Europe and globally from a position of greater strength and scale.[4]
In 2010, the firm broadened its Investment Banking business by adding experienced senior advisory professionals, strengthening its capital markets advisory capabilities, adding a Private Funds placement group, and launching a research-driven equity sales and trading business. Evercore sustained its position as a leading independent U.S. investment banking advisory firm, and ranked 11th in 2010 in the volume of announced transactions as compared to all firms, including bulge bracket and universal banks.
The firm also made important advances in its ability to serve its clients’ desire to grow in Latin America through its 2010 acquisition of a 50% interest in Brazil-based G5 advisors (now Evercore | G5).
Evercore's Capital Markets Advisory services achieved notable successes in 2010, including advising on the two largest IPOs of the year – including the General Motors IPO, which is the largest IPO in history.[5]
[edit] References
[edit] External links
- Evercore Partners (company website)
|
|||||||||||||||||
