NEW YORK and SAO PAULO, Brazil, Aug. 12 NY-Evercore-&-G5Advs
NEW YORK and SAO PAULO, Brazil, Aug. 12 /PRNewswire-FirstCall/ -- Evercore
Partners Inc. (NYSE: EVR) announced today that it has signed an agreement with
G5 Advisors, a Sao Paulo-based investment banking boutique and investment
management firm, to jointly advise on cross-border transactions involving
Brazilian companies.
Under the terms of the agreement, Evercore and G5 Advisors will work
together on strategic cross-border M&A and related transactions between
Brazilian companies and companies located outside South America. The two
firms may also choose to work together on transactions involving companies in
other South American countries.
The strategic alliance will provide Evercore with enhanced senior-level
experience and industry expertise in Brazil and across South America. Mr.
Corrado Varoli, Chief Executive Officer of G5 Advisors, is a former Partner
Managing Director and Head of Latin America for Goldman Sachs. Among its
senior partners, G5 Advisors counts Mr. Francisco Gros, a former Governor of
the Brazil Central Bank and a former CEO of Petrobras. The agreement will
enable G5 Advisors to benefit from the breadth and depth of Evercore's global
senior-level client relationships, extensive M&A and restructuring experience
and industry expertise.
"Evercore's strategic alliance with G5 Advisors is another step in the
globalization of our firm, enabling us to expand our presence in South America
and provide superior advice and execution for our clients," said Roger C.
Altman, Chairman and Chief Executive Officer of Evercore Partners. "G5 has
assembled a world class team, and we are very pleased to be working with them.
Brazil, Latin America's largest economy, continues to grow in importance
globally."
"Our relationship with Evercore is an important step in building out our
advisory platform," said Corrado Varoli, Chief Executive Officer of G5
Advisors. "It will enable us to provide our clients in Brazil with access to
Evercore's global reach and services. Our two firms are built on the same
principle of providing sophisticated, objective advice to our clients and our
geographic footprints are complementary."
About G5 Advisors
G5 Advisors, established in 2007, is a leading investment banking boutique
focused on M&A, wealth management, asset management and private equity. G5
Advisors is headquartered in Sao Paulo and also has an office in Rio de
Janeiro.
About Evercore Partners
Evercore Partners is a leading investment banking boutique and investment
firm. Evercore's Advisory business counsels its clients on mergers,
acquisitions, divestitures, restructurings and other strategic transactions.
Evercore's Investment Management business manages private equity funds and
provides traditional asset management services to sophisticated institutional
investors. Evercore serves a diverse set of clients around the world from its
offices in New York, San Francisco, London, Mexico City and Monterrey, Mexico.
More information about Evercore can be found on the Company's Web site at
www.evercore.com. EVR-X
SOURCE Evercore Partners Inc.
