Founded in 1995 by Blackstone and U.S. Treasury veteran Roger Altman, independent investment banking advisory firm Evercore went public in August 2006 with an $83 million initial public offering. Since then, the firm has grown into an elite independent investment banking advisory firm, employing more 1,600 people and serving clients around the world from its numerous offices in North America, Europe, South America, and Asia. 

The firm's investment banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements, and other strategic transactions. It also provides institutional investors with equity research and sales and trading execution that is free of the conflicts created by proprietary activities.

To date, the firm has advised on more than $2 trillion of merger, acquisition, recapitalization, and restructuring transactions. Recent M&A assignments include advising Whole Foods on its $14 billion pending sale to Amazon; DuPont on its $68 billion merger of equals with The Dow Chemical Company; Tesla on its $2 billion acquisition of SolarCity; Abbott Laboratories on its $31 billion acquisition of St. Jude Medical; and Coach on its $2 billion acquisition of Kate Spade New York. The firm also offers investment management services to high net worth and institutional investors. 

Evercore is led by Roger Altman, its founder and senior chairman, and Ralph Schlosstein, its president and CEO, who for almost 20 years served as the president of BlackRock, the largest asset management firm in the world, which he co-founded in 1988.