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Evercore Inc. (NYSE: EVR) is a leading global independent investment banking advisory firm, renowned for delivering superior results through independent and innovative advice. Established in 1995 and headquartered in New York, Evercore is dedicated to assisting its clients with strategic matters that are of critical importance to boards of directors, management teams, and shareholders. The firm's core services include mergers and acquisitions, strategic shareholder advisories, restructurings, and capital structure consulting.
Evercore is also a prominent player in capital markets, supporting clients in raising both public and private capital. Additionally, the firm offers comprehensive equity research, sales, and trading execution services. High net worth and institutional investors benefit from Evercore's wealth and investment management services, further solidifying the firm's all-encompassing approach to financial advisory.
The company's global presence is marked by its offices and affiliate locations in key financial hubs across North America, Europe, South America, the Middle East, and Asia. Evercore went public in 2006 and, as of the end of 2023, employs approximately 2,200 professionals. Notably, about 75% of Evercore's revenue is generated from its operations within the United States, with financial advisory being the primary revenue driver.
Evercore's commitment to excellence and independent advice has established it as a trusted advisor in the financial industry. The firm continues to evolve, embracing new opportunities and delivering unparalleled value to its clients. For more information, please visit www.evercore.com.
Evercore (NYSE: EVR) has appointed Takeshi Inoue as Senior Managing Director and President of its Japan office, based in Tokyo. Inoue previously held senior positions at Barclays and Citigroup, bringing over 20 years of experience in M&A and activist defense advisory. John S. Weinberg and Ralph Schlosstein, Evercore’s Co-CEOs, emphasized that Inoue's expertise will enhance the firm’s M&A capabilities and activist defense strategies in Japan, a market increasingly impacted by activist campaigns. Inoue expressed enthusiasm for joining Evercore, highlighting the firm's commitment to independent advisory services.
Evercore (NYSE: EVR) will announce its fourth quarter and full year 2021 financial results on February 2, 2022, at 6:45 a.m. ET. The announcement will be followed by a conference call at 8:00 a.m. ET, led by Co-Chairmen Ralph Schlosstein and John Weinberg, alongside CFO Celeste Mellet. Investors can participate by dialing (877) 359-9508 for domestic or (224) 357-2393 internationally. A replay will be available for a week, and a live audio webcast will be accessible on Evercore’s website. The conference aims to provide insights into the company’s financial performance.
Evercore (NYSE: EVR) has appointed Benjamin Eldredge as Senior Managing Director in its Investment Banking division's Industrials Advisory practice in New York. He brings over 20 years of experience from Credit Suisse, where he led Basic Materials & Distribution. Eldredge has facilitated significant M&A and capital markets transactions, including advising Spectrum Brands and Core & Main. Evercore's Co-CEOs expressed enthusiasm about his expertise and the growth opportunities in the Industrials sector. Eldredge holds an MBA from Columbia Business School.
Evercore (NYSE: EVR) has appointed Julian Emanuel as Senior Managing Director to lead the Equity, Derivatives, and Quantitative Strategy team at Evercore ISI. Emanuel brings extensive experience, having served as Chief Equity and Derivatives Strategist at BTIG. He is joined by a seasoned team including Paul Huzarski, Michael Chu, and Barak Hurvitz. This strategic hire reflects Evercore's commitment to delivering comprehensive investment insights to clients, as noted by CEO Mike Paliotta.
Evercore (NYSE: EVR) announced that Co-CEO Ralph L. Schlosstein will speak at the Goldman Sachs 2021 U.S. Financial Services Conference in New York on December 8, 2021, at 11:20 a.m. ET. A live audio webcast will be available on Evercore's website, with a replay accessible for 30 days post-event. As a global independent investment banking advisory firm, Evercore specializes in strategic advisory services such as mergers and acquisitions and capital raising.
Evercore (NYSE: EVR) announced the onboarding of Jonathon Kaufman and Ted Michaels as Senior Managing Directors in its Investment Banking division, focusing on the Infrastructure, Utilities, and Renewables Group. Kaufman, formerly with Credit Suisse, will lead initiatives in Utilities and Renewables, leveraging his extensive experience in M&A and capital markets. Michaels, also from Credit Suisse, has a notable track record in clean energy transactions. Evercore Co-CEOs emphasized the importance of energy transition and the strategic opportunities in renewables, highlighting Kaufman’s and Michaels’ industry expertise as a significant asset.
Evercore Inc. (NYSE: EVR) reported record Q3 2021 revenues of $823.6 million, a 105% increase from Q3 2020, with net income of $159.5 million. Year-to-date results show revenues of $2.17 billion, up 63% from 2020. Advisory fees surged 162%, while underwriting fees decreased 18%. The company declared a quarterly dividend of $0.68 per share, to be paid on December 10, 2021. With strong advisory performance and a robust hiring strategy, the firm remains optimistic about future growth. Evercore also returned $631.5 million to shareholders YTD, demonstrating confidence in financial stability.
Evercore (NYSE: EVR) announced that Ralph Schlosstein will step down as Co-Chairman and Co-CEO on February 25, 2022, transitioning to Chairman Emeritus. John S. Weinberg will assume the role of sole Chairman and CEO. Schlosstein held leadership since May 2009 and contributed significantly to the firm's growth and market position. Roger Altman, Founder, praised Schlosstein's tenure, noting record revenues during his leadership. Weinberg emphasized a commitment to excellence and growth, ensuring a bright future for Evercore.
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