This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Steve Wellington To Join Evercore As A Senior Managing Director In Europe

Evercore Partners Inc. (NYSE: EVR) announced today that Steve Wellington has agreed to join the firm’s Investment Banking business as a Senior Managing Director based in London, focusing on financial restructuring, distressed M&A and debt advisory.

Mr. Wellington has specialised in financial restructuring advisory and leveraged finance underwriting for the past 16 years. He worked at Bank of America Merrill Lynch from 1999 to 2012, most recently as Head of Restructuring Advisory EMEA where he advised a wide range of corporate clients and stakeholders on recapitalization strategies and distressed M&A. Prior to that he was Co-head of European Leveraged Finance and was a senior member of the Financial Sponsors Group. Mr. Wellington will work closely with our industry coverage bankers, as well as our Restructuring team in New York, which is led by David Ying.

“We’re extremely pleased to welcome Steve to Evercore, as his hiring represents the first step in building a restructuring advisory capability in London. Evercore is a leading restructuring adviser in the U.S. and we have already established a presence in Europe having advised Greece-based Danaos Corporation on its comprehensive restructuring and we are currently advising Denmark-based Torm A/S and Kuwait-based Global Investment House. We believe there is a significant opportunity for us to develop a similar franchise in EMEA,” said Andrew Sibbald, CEO of Evercore’s European advisory business.

Ralph Schlosstein, Evercore’s President and CEO added, “Steve’s appointment demonstrates our continuing commitment to globalizing our advisory business and particularly our restructuring practice. His presence will expand and deepen our ability to serve restructuring clients in EMEA out of our London office.”

“Evercore has an exceptional advisory platform and the firm takes pride in delivering unique strategic solutions for clients,” said Mr. Wellington. “I’m delighted to be joining the team and to being part of the strong momentum at Evercore globally, and particularly in London. I look forward to serving existing and new clients as the restructuring cycle moves into the next phase of capital reallocation and deployment.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,010.68 -115.44 -0.64%
S&P 500 2,107.39 -13.40 -0.63%
NASDAQ 5,070.0260 -27.95 -0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs