Evercore targets fresh talent as large rivals leak staff

The independent advisory firm, whose larger rivals have suffered from plunging trading revenues, reported record investment banking revenues in the second quarter

Friday 29 July 2011 at 16:46

Evercore Partners, the independent advisory firm, intends to keep recruiting in contrast to larger bulge-bracket rivals who are cutting staff in response to a slowdown in trading.

So far this year, Evercore has hired six senior managing directors and promoted three internally.