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Press release from Business Wire

Eric Mandl to Join Evercore Partners as a Senior Managing Director

Monday, March 21, 2011

Eric Mandl to Join Evercore Partners as a Senior Managing Director16:15 EDT Monday, March 21, 2011 NEW YORK (Business Wire) -- Evercore Partners Inc. (NYSE: EVR) announced today that Eric Mandl has agreed to join the firm's Investment Banking business as a Senior Managing Director. Mr. Mandl, who will be based in New York, will focus on advising companies in the Large Cap Technology and Software and Internet sectors, and will work closely with other senior members of Evercore's Technology team, including Michael Price, Paul Deninger, Brian Roberts and Naveen Nataraj as we continue to build out this team. Mr. Mandl was most recently Global Head of Software and Enterprise Banking at UBS. With nearly 15 years of experience working with companies in the technology sector, Mr. Mandl has advised on M&A transactions for a broad range of leading technology companies, including transactions involving IBM, HP, Apple, Dell, Citrix, Symantec, Red Hat, BMC, Informatica, CSG and Microsoft among other companies. Most recently he advised IBM on its acquisition of Netezza and Dell on its acquisition of Compellent. In addition, Eric was named to Investment Dealers' Digest recent 40 Under 40 deal makers list. “As the technology sector continues to be one of the most active and strategically important sectors, we are excited to enhance our practice with an advisor of Eric's quality,” said Eduardo Mestre, Evercore's Vice Chairman. “Eric brings an exceptional reputation, deep relationships and great experience to our industry-leading practice.” “I am truly excited about joining Evercore's Technology team and becoming part of such a quality organization,” said Mr. Mandl. “I look forward to working closely with the entire Evercore team, bringing the high level of independent advice that the market demands and our clients continue to expect.” Mr. Mandl, 36, has a B.S. in Finance and International Business (cum laude) from the Stern School of Business at NYU. 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, and Rio de Janeiro and São Paulo, Brazil. More information about Evercore can be found on the Company's Web site at Investors:Evercore PartnersRobert B. Walsh, 212-857-3100Chief Financial OfficerorMedia:For Evercore Partners:The Abernathy MacGregor GroupKenny Juarez, 212-371-5999