Press release from Business Wire
Fernando Soriano to Join Evercore as Senior Managing Director to Lead Cross-Border Advisory Services in Latin America
Wednesday, October 23, 2013
Fernando Soriano to Join Evercore as Senior Managing Director to Lead Cross-Border Advisory Services in Latin America08:00 EDT Wednesday, October 23, 2013
NEW YORK (Business Wire) -- Evercore (NYSE:EVR) announced today that Fernando Soriano will join its Investment Banking business as a Senior Managing Director to lead the firm's cross-border advisory services in Latin America. Mr. Soriano, who is based in New York, will work closely with Evercore's industry, product and geographic teams, and with the more than fifty bankers currently working in Mexico and Brazil.
Mr. Soriano was most recently a Managing Director and head of Corporate Finance Mexico at BNP Paribas and head of Latin America and Spain Investment Banking at Hill Street Capital LLC. With over 18 years of investment banking experience at firms including Salomon Smith Barney and Lehman Brothers, Mr. Soriano has extensive experience advising a broad array of companies and funds in M&A, debt restructuring and capital raising in Latin American transactions.
Pedro Aspe, Evercore's Co-Chairman and Head of Mexico, said, “We are extremely pleased that Fernando is joining Evercore. We have great momentum in our Latin American business and Fernando will play an important role in helping us to extend that momentum, particularly in our cross-border activity.” Corrado Varoli, Chief Executive Officer of G5 Evercore in Brazil, said, “We are delighted to have Fernando join Evercore. We continue to see Latin America as a region of great interest to our global clients and we look forward to adding to our already significant advisory capabilities.”
Ralph Schlosstein, Evercore's President and Chief Executive Officer, said, “Cross-border activity, both among Latin American countries and between them and the rest of the world, represents a strategic growth opportunity for Evercore. Fernando will augment our high quality coverage across all key sectors of this fast-growing region.”
“I look forward to joining Evercore's highly regarded team of professionals and to being part of Evercore's global growth, particularly in the Latin American region,” said Mr. Soriano.
Mr. Soriano received his B.Sc. in Industrial Engineering from Universidad Panamericana in Mexico City and his MBA degree from the Massachusetts Institute of Technology's Sloan School of Management.
Evercore 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, Chicago, Houston, Los Angeles, Menlo Park, Minneapolis, San Francisco, Washington D.C., Toronto, London, Aberdeen, Scotland, Mexico City and Monterrey, Mexico, Hong Kong and Rio de Janeiro and São Paulo, Brazil. More information about Evercore can be found on the Company's website at www.evercore.com.
Robert B. Walsh, 212-857-3100
Chief Financial Officer
Tim LaLonde, 212-857-3131
Chief Operating Officer
The Abernathy MacGregor Group, for Evercore
Dana Gorman, 212-371-5999