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Press release from Business Wire

Anthony J. Magro to Join Evercore Partners as a Senior Managing Director

Wednesday, June 01, 2011

Anthony J. Magro to Join Evercore Partners as a Senior Managing Director08:15 EDT Wednesday, June 01, 2011 NEW YORK (Business Wire) -- Evercore Partners Inc. (NYSE: EVR) announced today that Anthony J. Magro has agreed to join the firm's Investment Banking business as a Senior Managing Director based in New York. Mr. Magro will focus on providing strategic and financial advice to companies in the Industrial and Consumer sectors. Mr. Magro was most recently a Vice Chairman of Global Investment Banking at Bank of America Merrill Lynch, where he was previously Global Head of the Industrial Group, Global Head of the Natural Resources Group, and Global Head of Mergers & Acquisitions. Prior to joining Bank of America ten years ago, Mr. Magro was Global Head of Mergers & Acquisitions at Bear Stearns. Mr. Magro has more than 25 years of experience advising corporations on major transactions, including transactions for Berry Plastics, Dean Foods, Energizer, Hain-Celestial, Hertz, ITT, Kellogg, Michael Foods, Nabisco, Navistar, Ralcorp, SPX, and Tyco International. “We are very pleased to welcome Tony to Evercore,” said Roger Altman, Evercore Chairman. “Tony has a long history of advising his clients on matters of significant complexity and strategic importance, which is consistent with Evercore's approach. We look forward to having him join us.” “Evercore's M&A track record and momentum distinguishes the Firm among investment banks,” said Mr. Magro. “I am proud to join the high quality bankers at Evercore, whose advisory approach and capabilities will enable me to serve my clients best.” Mr. Magro, 57, has a B.A. (magna cum laude) from Dartmouth College. 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 website at www.evercore.com. Investor Contact:Evercore PartnersRobert B. Walsh, 212-857-3100Chief Financial OfficerorMedia Contact:The Abernathy MacGregor Group, for Evercore PartnersKenny Juarez, 212-371-5999