Evercore taps Calvert as MD

Evercore has named Lea Lazaric Calvert as a managing director for the firm’s private capital advisory business. Calvert’s appointment begins in July. Previously, she worked at UBS where she served as an executive director and was a member of the company’s private funds group.

PRESS RELEASE

NEW YORK, May 28, 2015 /PRNewswire/ — Evercore (NYSE: EVR) announced today that Lea Lazaric Calvert has agreed to join the Firm’s Private Capital Advisory business (PCA) as a Managing Director. Mrs. Lazaric Calvert will be based in London where she will focus on advising leading financial institutional investors and fund sponsors on secondary transactions.

Mrs. Lazaric Calvert, who will join Evercore in July, was most recently an Executive Director at UBS where she was a member of the Private Funds Group, responsible for the coverage of a number of institutional investors in countries including the UK, Germany and Switzerland. Mrs. Lazaric Calvert has extensive fund placement experience, having advised a number of leading private equity general partners globally. Prior to joining UBS’s Private Funds Group, she worked in UBS’s Equity Capital Markets Division in London. Mrs. Lazaric Calvert holds an MBA from INSEAD and a Bachelor of Science from the London School of Economics.

Nicolas Lanel, European Head of PCA observed, “We have long promoted the view to GPs that a supportive attitude towards the secondary market is a key part of a good investor relations function. Today, we see a lasting opportunity for GPs to proactively utilise the secondary markets as an effective fund raising tool and we therefore encourage our clients to embrace these markets as part of their overall capital raising strategy.”

Richard Anthony, Global Head of Evercore’s Private Funds Group, added. “Beyond her strong network of LP relationships, Lea’s wealth of experience advising GPs on fund raises will further build on Evercore’s Private Capital Advisory and Private Funds Group ability to seamlessly deliver a high quality secondary and placement advisory service to both LPs and GPs. We are delighted to see her join the Firm as a senior member of our world-class Private Capital Advisory team.”

About Evercore’s Private Capital Advisory Group
Formed in 2013, Evercore’s Private Capital Advisory Group advises institutional investors, financial institutions and fund managers on liquidity solutions for portfolios of private assets. The group now comprises a total of 23 dedicated professionals in New York and London and works alongside Evercore’s Private Funds Group which comprises a further 25 people in Europe, North America and Asia and which advises private equity general partners globally on fund placement solutions.

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 28 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.