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Press release from Business Wire

Evercore Partners Prices Class A Common Stock Offering

Wednesday, September 15, 2010

Evercore Partners Prices Class A Common Stock Offering20:38 EDT Wednesday, September 15, 2010 NEW YORK (Business Wire) -- Evercore Partners Inc. (NYSE: EVR) today priced the previously announced underwritten public offering of 2,641,060 shares of its Class A common stock at a public offering price of $27.50 per share. Evercore has agreed to issue and sell 2,569,075 shares of Class A common stock, which will provide approximately $67 million in proceeds to Evercore after deducting underwriting discounts and has granted the underwriters a 30-day option to purchase up to 385,362 additional shares of Class A common stock. Evercore intends to use all of the proceeds from the offering to purchase from certain holders, including members of Evercore's senior management, a number of outstanding Evercore LP partnership units that is equal to the number of newly-issued shares of Class A common stock sold by Evercore in the offering. Certain stockholders of Evercore Partners have agreed to sell the remaining 71,985 shares of Class A common stock and have granted the underwriters a 30-day option to purchase up to 10,797 additional shares of Class A common stock. Evercore will not receive any proceeds from the sale of shares of Class A common stock by the selling stockholders. Goldman, Sachs & Co. and Evercore Group L.L.C. are acting as the joint book-running managers for the offering. Barclays Capital, Keefe, Bruyette & Woods, Sandler O'Neill + Partners, L.P. and William Blair & Company are acting as co-managers for the offering. Copies of the final prospectus related to the offering, when available, may be obtained by contacting Goldman, Sachs & Co. via telephone at (866) 471-2526, via email at or via standard mail at: Goldman, Sachs & Co. 200 West Street New York, NY 10282 The final prospectus, when it is available, also may be obtained on the Securities and Exchange Commission's website at About Evercore Partners Evercore Partners 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, Houston, Los Angeles, San Francisco, Washington D.C., London, Mexico City and Monterrey, Mexico.