Evercore Partners Expands Consumer and Retail Group

Evercore Partners Expands Consumer and Retail Group

Evercore Partners has added Brett Pickett and Lowell Strug to the firm’s Investment Banking business as Senior Managing Directors, based in New York, and Co-Heads of the Consumer and Retail Group where they will focus on providing strategic and financial advice to companies in those sectors.

“The firm is steadily widening its banking platform in deliberate fashion, and the addition of Brett and Lowell reflects that. Each is in the Evercore tradition of quality and integrity. And, under their leadership, we expect to build a very successful Consumer and Retail business,” said Roger Altman, Executive Chairman of Evercore.

Mr. Pickett was most recently a Managing Director and Co-Head of Consumer and Retail Investment Banking at JP Morgan, which he joined in 1998. He joined Evercore on July 31st.

Mr. Strug was most recently a Managing Director in JP Morgan’s Mergers & Acquisitions group, focused on the Consumer and Retail sectors. He joined JP Morgan in 2000, and will join Evercore early next month.

“We are very pleased that advisors with Brett’s and Lowell’s experience and integrity will be joining Evercore to lead our advisory coverage effort in the Consumer and Retail sectors. Their addition will significantly enhance our ability to provide the best advice to our clients in these important sectors,” said Ralph Schlosstein, CEO and President of Evercore.

Evercore Partners is an investment banking boutique providing advisory services to multinational corporations on mergers, acquisitions, divestitures, restructurings and other strategic corporate transactions. Evercore also has an investment management business through which it manages private equity and venture capital funds for institutional investors. The firm has offices in New York; Boston; Chicago; Houston; Los Angeles; Minneapolis; San Francisco; Washington D.C.; Toronto; London; Aberdeen, Scotland; Mexico City and Monterrey, Mexico; Hong Kong; and Rio de Janeiro and São Paulo, Brazil (www.evercore.com).

PEPD 8-8-12

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