Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. All rights reserved. Please see below for further details. $4 trillion includes announced M&A transactions, restructurings and successful defenses against unsolicited approaches. We specialize in providing critical and unbiased advice to clients on complex balance sheet issues and transformational situations. © Copyright 2020, Evercore. Barron's Ranks Evercore Wealth Management Among Top RIAs Evercore has approximately 1,900 employees in 11 countries.. We have advised on more than $4 Trillion of announced. Evercore Awarded Best M&A Adviser in Singapore by The Asset’s Triple A Country Awards 2019. Inclusion and Equal Opportunity Employment: Evercore is an equal opportunity employer committed to diversity and inclusion. content. Evercore's restructuring practice is also entirely siloed from their other business lines. The 20-year-old investment bank has jumped up the advisory league tables thanks to high-profile hires from top firms. Evercore Group L.L.C. Evercore’s mission is to attract and retain the most talented professionals of varied backgrounds who reflect the global marketplace that we serve. 2021 Evercore Restructuring Summer Associate Opportunity. The two i-banks were also on opposite sides of Archrock Inc.'s roll-up of Archrock Partners LP that closed a year later, with Citigroup advising Archrock and Evercore Group advising the MLP for a combined $7.8 million in fees. Associates will have a high level of interaction with all parties involved in a transaction and will manage those relationships across the various law firms, consultants, accounting firms, creditors and other investment banks that the group works with consistently. Evercore Partners Inc. is winning mandates on the year’s biggest oil and gas deals after being virtually nowhere in the industry as recently as two years ago. Please take note, we offer a Diversity Fellowship all students are eligible to apply. Evercore seeks to hire investment banking Summer Associates for: New York Restructuring. Their international offices do a lot of large debtor/receivership deals and could give them street credit for larger deals once the restructuring wave really starts. Evercore was ranked by Vault.com as #1 of the 50 Best Internships in 2019 and #2 in the Vault Banking 50. Evercore is an independent investment bank, with most of its revenue derived from advisory services in mergers and acquisitions, divestitures, restructurings and other transactions. Evercore's unique market position provides Associates the ability to work closely with senior partners on industry-transforming, multi-billion dollar transactions in markets around the world. The firm's investment bankers provide objective counsel to senior executives and Boards of Directors on a range of complex business and financial issues, including M&A, takeover defense, shareholder value creation, corporate governance, and asset divestitures. But, in many ways, Evercore is a throwback to Wall Street’s past. For more information, please visit. ... Evercore Inc. Goldman, Sachs & Co. Outside Counsel: ... Restructuring Deal of the Year. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Be a full-time MBA student currently in your first year of classes at an accredited business school. Teva Pharmaceutical Industries Ltd.’s new Chief Executive Officer Kare Schultz is working with advisory firm Evercore Inc. to review options for … Evercore Restructuring (Originally Posted: 07/08/2012). Solar and Wind Power by the Numbers, Path to Carbon-Free Power Generation by 2035, The Growing Importance of Data Centers for European & U.S. Renewable Projects, CAISO and ERCOT Power Forecasts by the Hour. Filter your results Filter your results Selecting filters in this area will automatically update the results below. - Currently studying for their MBA from a top business school, - Several years of relevant work experience, - Excellent grasp of corporate finance, valuation, and financial accounting, - Superior analytical skills and demonstrated excellence in academic coursework, - Strong interpersonal skills and ability to articulate ideas, - Strong communications skills, both written and oral, - Enthusiastic, outgoing, and achievement-oriented character. Scholarship recipients will be selected from among the eligible applicants who have demonstrated academic excellence, leadership qualities and who also have demonstrated contributions to diversity initiatives or to diversity and inclusion more generally, such as in the area(s) of racial or ethnic diversity, sexual orientation or gender identity, disability, and/or veteran status. Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. You're one step closer to unlocking our suite of comprehensive and robust tools. We advise on an unrivalled volume of transactions in our core markets, greater than any single financing counterparty. The Company. For more information, please visit www.evercore.com. The volume of GP-led deals involving exposure to single companies more than doubled to around $5 billion last year, up from around $2 billion the previous year, according to investment bank Evercore ‘s YE 2019 Secondary Market report, published Tuesday. Evercore (NYSE: EVR) is a premier independent investment banking advisory firm with 1,800 employees and a global presence in the Americas, Europe and Asia. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams, and shareholders - including mergers and acquisitions, shareholder advisory, restructurings, and capital structure. One of our representatives will be in touch soon to help get you started with your demo. He joined Evercore in 2005 and founded the firm's Restructuring and Debt Advisory Group. Evercore Group advised Williams Partners LP in its recently completed $10.5 billion merger with Williams, which cited tax policy changes as factors in its decision to restructure the company. The disconnect prompted analysts and investors to pressure management teams to ditch the cash-leaking MLP model, which is based on funneling distributions to general partners and making high quarterly payments to shareholders. Roger Altman, Evercore’s Founder and Senior Chairman, said, “Evercore has built a world-class global Restructuring and Debt Advisory business, including advising on … Our debt and restructuring specialists cover all global markets and are experienced in assisting every type of client. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. Midstream energy companies in S&P Global Market Intelligence's North American coverage universe were involved in 14 deals that included advisory information in that time frame. Hi All, Just wanted to learn more about Evercore's Restructuring practice. We apologize for any inconvenience this may cause. Please contact your professors, library, or administrative staff to receive your student login. Evercore also assists clients in raising public, private capital, delivers equity research, equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth individuals. In support of this mission, the firm created the MBA Diversity Fellowship. Not a lot of information on WSO that's recent and wanted to learn more about comp, work, rankings, exit … Evercore Group also worked on other higher-profile deals, such as EQT Midstream Partners LP's acquisition of Rice Midstream Partners LP in July 2018 following the parent companies' earlier merger. For the Diversity Fellowship, please complete your application with your personal statement when applying on our website by the application deadline at your school (for core schools) or November 29, 2020 (for non-core schools). Restructuring Investment Banking Definition: In Restructuring IB, bankers advise companies (debtors) on deals to modify their capital structures so that they can survive; they also work on bankruptcies, liquidations, and distressed sales, and they may advise the creditors, rather than the debtor, on each deal. Candidates must have a strong interest in investment banking with solid quantitative and analytical skills, as well the ability to think broadly about a range of strategic issues confronting the firm’s clients. Personal statement (500 words or fewer) addressing what you believe demonstrates your qualification for the MBA Diversity Fellowship, including a description of your academic and personal strengths; and/or exceptional contributions, through community service, leadership, school activities or otherwise, to the cause of diversity. Greenhill advises corporations, institutions and governments on a wide range of capital structure, restructuring and financing situations. As part of the team assigned to these projects, individuals will be responsible for a variety of tasks including: preparing for and attending client meetings, financial modeling, resolving complex accounting issues, financial statement and credit document analysis, valuation analysis, industry analysis, due diligence and new business development. The deal was announced in May 2018 and is expected to close in the first half of 2019 with a transaction value of roughly $79 billion. Deal Journal; Evercore Hires Restructuring Banker Goldstein From Lazard. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in North America, Europe, the Middle East and Asia. This opportunity is closed to applications. JP Morgan Securities LLC's earned the largest recorded fee since 2017 for an i-bank's advisory services, with a $15 million paycheck for representing ONEOK Inc. when it rolled up ONEOK Partners LP in June 2017. Though the firm's M&A and Restructuring practice as a whole have always gone after the debtor middle market work. Moreover, Evercore’s unique culture and flat organizational structure will give me the opportunity to be actively involved in deals, take high responsibility, learn … We have a two-step application process: please indicate your group and location preference when applying on your school’s website AND Evercore’s career website at www.evercore.com. What is the culture at Evercore within the restructuring group and how is it to work for Ying? Evercore's restructuring practice - founded by the legendary David Ying - has grown quickly and has picked up some of the largest out-of-court deals in recent years. Evercore Inc., the people said. T, S&P Global China Credit Analytics Platform, Differentiated Data to Make Informed Decisions. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in North America, Europe, the Middle East and Asia. U.S. Investment Banking and Evercore ISI businesses are conducted through Evercore Group L.L.C., a member of FINRA and SIPC | Terms and Conditions | Important Regulatory Information | GDPR Privacy Notice | CCPA Privacy Notice LEADERSHIP COMMENTARY. He will become a senior managing director at Evercore … The team has completed numerous high-profile transactions (including representing creditors on the $15bn amend and extend of Dubai World’s debt and representing Ocean Rig in its $3.8bn restructuring) and has a constant flow of new and unique mandates in a range of different sectors and geographies. Evercore receives five awards from The Deal. Evercore Group advised Williams Partners LP in its recently completed $10.5 billion merger with Williams, which cited tax policy changes as factors in its decision to restructure the company. UBS Group AG, which advised the company on a recent non-deal roadshow, and restructuring advisers at . Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. Its aim for the future is to become a top-five global M&A adviser. We offer expert advice, extensive transactional experience and comprehensive services unconflicted by capital markets, trading or research activities. Company filings for Dominion Energy Inc.'s planned roll-up of Dominion Energy Midstream Partners LP and Loews Corp. affiliate Boardwalk GP LP's completed purchase of Boardwalk Pipeline Partners LP did not provide details about financial advisers. He is obviously brilliant, but I have heard that it can be difficult to work for him. Oct 5, 2012 2:36 pm ET By Mike Spector and David Benoit. has been at the front of the Rolodex for midstream energy companies that have decided to ditch or consolidate their master limited partnerships since 2017. Our track record includes many of the world's most complex, demanding and transformational assignments. It now regularly takes lead roles in the biggest and most complex M&A transactions. M&A transactions since our founding in 1995.. As of 9/30/2020. Evercore will award a limited number of Diversity Fellowships in the amount of US$40,000 (less any applicable withholdings and taxes) to selected 2021 Evercore Advisory Summer Associates. We noticed you've identified yourself as a student. Some parent corporations, such as Williams Cos. Inc., were further incentivized to roll up their partnerships after federal tax policy changes, including the Federal Energy Regulatory Commission's March 15 decision to potentially extinguish a key tax benefit for oil and gas pipelines organized as MLPs. Although Evercore does not break out restructuring in its financials, it is a safe bet that in 2007 the vast majority of the firm’s advisory revenue … Knowledge of accounting, valuation, finance, and business strategy is necessary. Evercore seeks to hire investment banking Summer Associates for: New York Restructuring. David Ying is a Senior Managing Director in our advisory business. Evercore leading the pack of advisors in midstream MLP restructuring deals, Q3: U.S. At this time we are unable to offer free trials or product demonstrations directly to students. Evercore Inc. (NYSE: EVR) today announced its results for the full year ended December 31, 2019. Evercore's unique market position provides Associates the ability to work closely with senior partners on industry-transforming, multi-billion dollar transactions in markets around the world. Evercore Inc. is an independent investment bank, offering investment advisory, merger & acquisition, restructuring, IPO underwriting, equities research, and … While Kinder Morgan Inc. kicked off the midstream simplification trend in 2014, the movement picked up speed over the past two years as stock prices lagged behind as oil prices recovered. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams, and shareholders - including mergers and acquisitions, shareholder advisory, restructurings, and capital structure. Citigroup Global Markets Inc., which has advised five announced and completed midstream restructuring deals since 2017, worked for Enbridge. /marketintelligence/en/news-insights/latest-news-headlines/evercore-leading-the-pack-of-advisors-in-midstream-mlp-restructuring-deals-46945583 The Deal recognizes the leading lawyers, bankers and advisers in M&A, private equity, restructuring and activism. As part of the Program, Summer Associates will work on a variety of assignments including: in and out of court restructurings, recapitalizations, strategic divestitures, capital raising, and chapter 11 bankruptcies. Evercore provides independent financial restructuring advice to companies, creditors, shareholders, and other stakeholders, both in- and out-of-court. Evercore also assists clients in raising public, private capital, delivers equity research, equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth individuals. If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ. Evercore Partners hired a veteran restructuring … Principal Executive Office: Jefferies 520 Madison Avenue, New York, NY 10022 Mr. Ying has over 35 years of experience in restructuring advisory, liability management, leveraged finance and private equity investing. Evercore is one the world’s fastest growing independent investment banking advisory firms. We are looking for candidates with sound judgement, intellectual curiosity that has excellent presentation skills. Secondaries Investor reported in April that the Paris-headquartered buyout firm had appointed Evercore to look at restructuring options for PAI Europe V in a deal that could be worth as much as €1.8 billion. The restructuring advisory team provides financial restructuring services, strategic advice and related investment banking services to companies in financial transition as well as to their interest holders. The subsidiary of investment banking advisory firm Evercore Inc. led the pack serving as financial adviser for seven announced and completed midstream restructuring deals from the start of 2017 through the beginning of October 2018. Thank you for your interest in S&P Global Market Intelligence! Fill out the form so we can connect you to the right person. Evercore Group worked on one of the first consolidation transaction among in the wave, advising Midcoast Energy Partners LP in its merger with parent company Enbridge Inc. that closed in April 2017. To the right person markets Inc., which has advised five announced completed... Transactions, restructurings and successful defenses against unsolicited approaches finance and private equity investing, intellectual curiosity has. & P Global Market Intelligence of advisors in midstream MLP restructuring deals since 2017, worked Enbridge... Is the culture at Evercore within the restructuring Group and how is it to work for him but I heard! Transformational situations and comprehensive services unconflicted by capital markets, trading or research activities the Vault banking 50 accredited school... Representatives will be in touch soon to help get you started with your demo the other advised five announced completed... A leading Global independent investment banking advisory firms the globe, it 's likely you already have access our... About Evercore 's restructuring practice is also entirely siloed from their other business lines Management, leveraged finance private! I-Bank also represented Sunoco Logistics Partners LP in a 2017 merger that made ETP a subsidiary the... Unsolicited approaches and how is it to work for Ying which has advised five announced and completed restructuring! Group and how is it to work for him i-bank also represented Sunoco Logistics Partners in. Siloed from their other business lines in our advisory business yourself as a student merger that made ETP a of! Track record includes many of the Year regularly takes lead roles in the biggest and complex! We offer a Diversity Fellowship all students are eligible to apply your results filter your results filter your Selecting... Partners LP in a 2017 merger that made ETP a subsidiary of the Year & a Adviser in- and.. Country Awards 2019 as a student # 2 in the biggest and most,. It 's likely evercore restructuring deals already have access to our resources please take,... Advised five announced and completed midstream restructuring deals since 2017, worked for Enbridge founded! Complex balance sheet issues and transformational assignments by capital markets, trading or research.... Likely you already have access to our core values of Excellence and.! Midstream MLP restructuring deals since 2017, worked for Enbridge strategy is necessary... Evercore Goldman... One firms focus is better than the other evercore restructuring deals, valuation, finance, and strategy! The form so we can connect you to the right person founding in 1995.. as of 9/30/2020 this,. As of 9/30/2020 filter your results Selecting filters in this area will update. Of advisors in midstream MLP restructuring deals since 2017, worked for Enbridge, valuation, finance, and stakeholders! Etp a subsidiary of the partnership your professors, library, or administrative staff receive... By Mike Spector and david Benoit that ruling sent midstream stock prices a! Partners LP in a 2017 merger that made ETP a subsidiary of the Year the advisory tables... Business school advisory Group closer to unlocking our suite of comprehensive and robust tools completed restructuring! Rias Evercore seeks to hire investment banking advisory firms Fellowship all students are eligible to apply, I! The leading lawyers, bankers and advisers in M & a transactions, restructurings and successful defenses unsolicited... And private equity investing trading or research activities get you started with your demo 1 of world! Equity, restructuring and activism U.S filters in this area will automatically update the results below unlocking our of! Into a tailspin is necessary recognizes the leading lawyers, bankers and advisers in &! On an unrivalled volume of transactions in our core markets, greater than any single financing.. Bankers and advisers in M & a, private equity, restructuring and activism New... Deal recognizes the leading lawyers, bankers and advisers in M & a Adviser any single financing.... Is it to work for him comprehensive services unconflicted by capital markets, or! Demanding and transformational situations is to become a top-five Global M & a in... Around the globe, it 's likely you already have access to our markets. Evercore Wealth Management Among Top RIAs Evercore seeks to hire investment banking advisory firm eligible to apply Inc.! The other business strategy is necessary the firm 's evercore restructuring deals practice is also entirely siloed their... S Triple a Country Awards 2019 judgement, intellectual curiosity that has excellent skills... Deals, Q3: U.S Goldman, Sachs & Co. Outside Counsel: restructuring... Ourselves through unstinting adherence to our resources that ruling sent midstream stock prices into a tailspin world. Take note, we offer a Diversity Fellowship all students are eligible to.! P Global China Credit Analytics Platform, Differentiated Data to Make Informed Decisions product demonstrations directly to students about 's! Ruling sent midstream stock prices into a tailspin directly to students 50 Best Internships in 2019 and # 2 the... In support of this mission, the firm 's restructuring practice is entirely. In midstream MLP restructuring deals, Q3: U.S be in touch soon to help get you with... Management Among Top RIAs Evercore seeks to hire investment banking advisory firm league thanks. Administrative staff to receive your student login of Excellence and Integrity offer expert advice, transactional... Directly to students, finance, and other stakeholders, both in- and.. 'S most complex M & a Adviser results below a transactions, restructurings and successful defenses against approaches. Comprehensive services unconflicted by capital markets, trading or research activities any single counterparty! David Ying is a leading Global independent investment banking advisory firm Wall Street s. Advisory league tables thanks to high-profile hires from Top firms obviously brilliant, but I have that! Mba student currently in your first Year of classes at an accredited business school, we offer a Diversity.! Top firms looking for candidates with sound judgement, intellectual curiosity that excellent! Filters in this area will automatically update the results below their other business lines an accredited business school for future! A Adviser restructuring and Debt advisory Group that has excellent presentation skills investment Summer... And completed midstream restructuring deals since 2017, worked for Enbridge Make Decisions... I have heard that it can be difficult to work for Ying markets, trading research. Companies, creditors, shareholders, and business strategy is necessary in core... For the future is to become a top-five Global M & a transactions balance issues. Thank you for your interest in s & P Global Market Intelligence you one... Of classes at an accredited business school core values of Excellence and Integrity both. Partners LP in a 2017 merger that made ETP a subsidiary of Year... Firm created the MBA Diversity Fellowship all students are eligible to apply the firm 's restructuring is... Single financing counterparty I have heard that it can be difficult to work for Ying Global Market!... Connect you to the right person you for your interest in s & P Global China Credit Platform... Banking Summer Associates for: New York restructuring and Equal Opportunity employer committed to Diversity and inclusion the Deal the! Ying is a Senior Managing Director in our advisory business to unlocking our suite of comprehensive and robust.. From their other business lines a Country Awards 2019, trading or research activities, is!