Thursday, 18 September 2008

Evercore Director

Evercore Partners Inc. (NYSE: EVR) announced today that Jed Sherwindt has joined the firm's Advisory business as a Senior Managing Director. He will join Brian Roberts, a Senior Managing Director in Evercore's San Francisco office, in working with industry-leading technology companies.

Mr. Sherwindt joins Evercore from Citigroup where he was a Managing Director and Head of its Global Software Investment Banking Group. At Citigroup, Mr. Sherwindt advised on a number of major technology transactions, including PeopleSoft in its sale to Oracle, IBM in its acquisition of FileNet and Ask Jeeves in its sale to IAC.

"Jed is one of the most respected and experienced bankers in the technology industry and we are pleased to welcome him to Evercore," said Roger C. Altman, Chairman and Chief Executive Officer of Evercore Partners. "He has advised some of the most significant companies in this sector and his extensive knowledge and expertise will be of tremendous benefit to us and our clients in this important industry."

The addition of Mr. Sherwindt follows a number of strategic appointments that Evercore has made to broaden the firm's Advisory capabilities in attractive sectors, such as aerospace/defense, chemicals, consumer/retail, healthcare, oil & gas and restructuring.

"I am excited to join such a highly regarded investment banking boutique and to be part of a talented team of people that I have enjoyed working with over the years," said Mr. Sherwindt. "Evercore's technology, media and telecom practice has established itself as an industry leader, having advised on such transformative deals as EDS in its sale to Hewlett-Packard and the separation of Time Warner Cable from Time Warner. I look forward to working with the team and contributing to the firm's continued success."

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