Evercore hires new MD: CORRECTED

Evercore Wealth Managemen, at subsidiary of investment bank Evercore, has hired Emmanuel M. Durand as a managing director. Durand, who is based in New York, most recently headed mergers and acquisitions for the Americas at Rabobank.

PRESS RELEASE

NEW YORK–(BUSINESS WIRE)–Evercore (NYSE:EVR) announced today that Emmanuel M. Durand has joined the firm’s Investment Banking business as a Managing Director based in New York. Mr. Durand will focus on providing strategic and financial advice to companies in the consumer sector.
Mr. Durand was most recently Head of Mergers and Acquisitions for the Americas at Rabobank, Director of RSI, Inc., member of Rabobank North America Advisory Board and member of the Executive Committee of the Rabobank Rothschild Cooperation. Prior to joining Rabobank 13 years ago, Mr. Durand was Head of the Financial Institutions Group for Latin America at Salomon Smith Barney. He started his investment banking career at Bankers Trust and BT Wolfensohn where he was responsible for M&A transactions in Argentina, Chile and Peru. Mr. Durand has more than 20 years of experience advising corporations including transactions for Bel Group, BBVA, Brown Forman, CSM, Fresh Del Monte, Kellogg, Rhone Poulenc, Saputo, Schreiber and Tata.
Ralph Schlosstein, Evercore’s Chief Executive Officer, said, “We are excited to have a banker with Emmanuel’s extensive experience and deep consumer client relationships join the Firm. This is a reflection of our commitment to providing our consumer clients with the best possible financial and strategic advice. He will team with other senior bankers in our consumer advisory practice, including Brett Pickett, Lowell Strug, Tony Magro and Peter Kuhn, as well as with our senior bankers in other geographies to provide truly independent advice to his clients in North America, Europe, Asia and Latin America.”
“Evercore’s leading position in the global M&A markets and its fast growing platform distinguish the Firm among investment banks,” said Mr. Durand. “I am proud to join the high quality bankers at Evercore, whose long-term, independent advisory approach and global capabilities will enable me to serve my clients best.”
Mr. Durand received his MBA from the Harvard Business School and his bachelor’s degree from Ecole Superieure de Commerce – Amiens.
About Evercore
Evercore is a leading independent investment banking advisory firm. Evercore’s Investment Banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions and also provides institutional investors with high quality equity research, sales and trading execution that is free of the conflicts created by proprietary activities. Evercore’s Investment Management business comprises wealth management, institutional asset management and private equity investing. Evercore serves a diverse set of clients around the world from 20 offices in North America, Europe, South America and Asia. More information about Evercore can be found on the Company’s website at www.evercore.com.

(Correction: A previous version of this story incorrectly said Evercore Wealth Management hired Emmanuel M. Durand. The story has been updated.)

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