Evercore Partners has named Raymond Strong III to the firm’s investment banking business as a senior managing director. In the role, he will advise companies in the energy industry, with a focus on midstream, downstream, upstream and integrated oil sectors. Strong was most recently a Managing Director in Goldman Sachs’ Global Natural Resources Group. Evercore Partners, an independent investment banking advisory firm, has offices in New York, Boston, London, and in other cities around the world.
Evercore Partners Inc. (NYSE: EVR) announced today that Raymond B. Strong III has agreed to join the firm’s Investment Banking business as a Senior Managing Director. Mr. Strong will focus on advising companies in the Energy industry with a focus on the midstream, downstream, upstream and integrated oil sectors.
Mr. Strong was most recently a Managing Director in Goldman Sachs’ Global Natural Resources Group, where he was responsible for leading the firm’s midstream and downstream effort. With approximately 20 years of experience working with companies across the Energy sector, Mr. Strong has advised on numerous advisory and financing assignments for companies, including Chevron, Hess, Kinder Morgan, Murphy Oil, Cabot, Nustar and Crosstex, among others. Most recently he advised Chevron on the acquisition of Atlas Energy.
“I’m truly pleased that Ray is joining the Firm. We are committed to building a market leading energy banking practice, and he will be instrumental in that,” said Roger Altman, Evercore’s Chairman. “Evercore has a lot of momentum, and Ray adds to it.”
“I was impressed by Evercore’s commitment to growing its Energy practice, by the significant momentum they have demonstrated in advising their clients on many of the largest and most complex transactions this year, and by the quality of their people,” said Mr. Strong. “I look forward with great anticipation to helping them build a leading Energy advisory business.”
Mr. Strong, 41, has a B.A. in Economics (cum laude) from Middlebury College.
About Evercore Partners
Evercore Partners 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 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 its offices in New York, Boston, Houston, Los Angeles, San Francisco, Washington D.C., London, Mexico City and Monterrey, Mexico, and Rio de Janeiro and Sao Paulo, Brazil. More information about Evercore can be found on the Company’s Web site at www.evercore.com.