Brad David Joins Evercore as Senior Managing Director in Its Advisory Practice

Rhea-AI Summary

Evercore (NYSE: EVR) has appointed Brad David as a Senior Managing Director in its Investment Banking unit, specifically the Financial Sponsors Group, based in Los Angeles. With over 20 years of industry experience, he previously served at Credit Suisse. Co-CEOs Ralph Schlosstein and John S. Weinberg praised his extensive relationships and reputation in the financial sponsor sector. Mr. David expressed enthusiasm for joining Evercore's distinguished advisory team, aiming to leverage its capabilities for financial sponsors.

Positive

• Brad David's extensive experience and relationships in the financial sponsors industry enhance Evercore's advisory capabilities.
• The addition of Brad David to the team signifies Evercore's commitment to expanding its Financial Sponsors Group.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Evercore (NYSE: EVR) announced today that Brad David has joined the Firm's Investment Banking business as a Senior Managing Director in its Financial Sponsors Group. He will be based in Los Angeles and will focus on advising financial sponsor clients on the West Coast.

Mr. David has over 20 years of industry experience and has been a trusted advisor to financial sponsors for over a decade. He joins from Credit Suisse, where he was a Managing Director in the Financial Sponsors Group with responsibility for many of the firm’s important private equity client relationships.

Ralph Schlosstein, Evercore’s Co-Chairman and Co-Chief Executive Officer, said, “Brad has deep, well-established relationships throughout the financial sponsor industry, and he has served as a trusted and strategic advisor to many of the largest private equity firms. We are confident he will be a talented addition to our global advisory team.”

John S. Weinberg, Evercore’s Co-Chairman and Co-Chief Executive Officer, added, “We are pleased that Brad has decided to join the Evercore team. Brad has built a strong reputation as a leading advisor to financial sponsors on the West Coast. His reputation for excellence and integrity will fit perfectly with our commitment to providing clients with the full suite of insightful and objective advice.”

Brad David commented, “I’m excited to join the Evercore team. Evercore is the leading independent investment banking advisory firm, and its distinguished advisory and underwriting capabilities are an excellent fit for the needs of financial sponsors. I look forward to bringing the Firm's differentiated capabilities to this important client group.”

Mr. David holds an MBA from the University of Virginia’s Darden School of Business and a B.S. from Samford University.

About Evercore

Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210927005369/en/

Business Contact:

Tim LaLonde

COO, Investment Banking

+1.212.857.3100

Investor Contact:

Hallie Elsner Miller

Head of Investor Relations

+1.917.386.7856

Media Contact:

Dana Gorman

Abernathy MacGregor, for Evercore

+1.212.371.5999

Source: Evercore

FAQ

What is the significance of Brad David joining Evercore (NYSE: EVR)?

Brad David's appointment as Senior Managing Director strengthens Evercore's Financial Sponsors Group with his extensive experience and industry relationships.

Who did Brad David replace at Evercore (NYSE: EVR)?

The press release does not specify who Brad David replaces at Evercore.

Where will Brad David be based at Evercore (NYSE: EVR)?

Brad David will be based in Los Angeles as part of his role in the Financial Sponsors Group.

What is Evercore (NYSE: EVR) known for?

Evercore is recognized as a leading independent investment banking advisory firm, specializing in mergers, acquisitions, and capital raising.