Evercore Inc. EVR

Company Overview

Evercore Inc. is an independent investment banking advisory firm that operates primarily within the financial services industry, with a focus on investment banking, equity capital markets advisory, and investment management. The firm provides strategic and financial advice to corporations, institutional investors, governments, and financial sponsors, with core services centered on mergers and acquisitions, restructurings, capital structure advisory, and related strategic transactions. Its revenue is predominantly driven by advisory fees earned upon the successful completion of client transactions, supplemented by fees from underwriting and asset management activities.

The company positions itself as a leading independent advisory firm, emphasizing conflict-free advice due to the absence of a traditional lending balance sheet. Evercore was founded in 1995 by Roger Altman and a group of partners, initially focusing on advisory services. Over time, it expanded organically and through acquisitions into equity capital markets advisory and investment management, becoming a publicly traded company in 2006. The firm has since grown its global footprint and broadened its client base across industries and geographies.