Evercore (NYSE: EVR) announced today that Keith Magnus has agreed to join the Firm’s Investment Banking business as a Senior Managing Director. Mr. Magnus will establish Evercore’s office in Singapore and, as Chief Executive Officer of Evercore’s business there, will focus on providing strategic, merger & acquisitions and capital markets advice to companies in Singapore and throughout South East Asia.
Mr. Magnus is currently Chairman & Head of Singapore and Malaysia Investment Banking at UBS and a member of the Singapore Management Committee. He has a proven track record for almost a decade as a leader of investment banking practices at Deutsche Bank, Bank of America Merrill Lynch and UBS that have won numerous landmark deal awards, including the award for best foreign investment bank in Singapore. Mr. Magnus has advised on various public transactions aggregating in excess of S$40 billion in mergers & acquisitions and capital raisings for financial institutions and corporates spanning a wide spectrum of industries, including for GIC, Temasek, Changi Airport Group, UOB Bank, Keppel, Wilmar, YTL, Olam, Bayan Resources and certain other Temasek-linked entities. During his tenure at UBS he has originated, overseen and executed over 40 transactions, many of which have been public transactions which have recently won industry accolades.
“We are extraordinarily pleased to have a banker of Keith’s caliber agree to join Evercore in a senior leadership position. Keith has deep relationships in Singapore and across the region, extensive transaction experience as well as a strong reputation for integrity and for providing insightful, objective and independent advice,” said Ralph Schlosstein, Evercore’s President and Chief Executive Officer.
Mr. Schlosstein added: “We are very excited about bringing Evercore’s world-class merger and capital markets advisory capabilities and our private fund raising expertise, a platform that comprises over 500 bankers, into Singapore and South East Asia, as we continue to build the most elite independent investment banking advisory firm globally. Keith’s joining us is another important step in extending the global capabilities that Evercore delivers to its clients. Once established, our office in Singapore combined with our office in Hong Kong and our strategic alliances in China, Japan, India and Korea, will allow us to better serve both our Asian clients and our global clients with interests in Asia.”
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