NEW YORK--(BUSINESS WIRE)--
Evercore (NYSE:EVR) announced today that Rodney Reid has agreed to join
the Firm’s Private Capital Advisory business as a Managing Director. Mr.
Reid initially will be based in Evercore’s office in London, and later
will relocate to New York. He will focus on advising leading
institutional investors and Fund sponsors on secondary transactions.
Mr. Reid, who will join Evercore in November, was most recently an
Executive Director and Head of Europe, the Middle East and Africa
Secondary Advisory at UBS, based in London. Prior to that, he was a
member of UBS’s Private Funds Group focused on secondary transactions
based in New York. Mr. Reid has extensive secondary market experience
and has led a number of notable secondary transactions in North America
and Europe for clients including leading public pensions, university
endowments, banks, insurance companies, hedge funds and leading private
equity general partners. Before joining UBS, Mr. Reid worked at Cerberus
Capital Management in New York.
“Our Private Capital Advisory Group leverages Evercore’s global network
of relationships among institutional investors and fund sponsors,” said
Ralph Schlosstein, President and Chief Executive Officer of Evercore.
“Rodney has substantial experience advising institutions in Europe, the
Middle East, Africa and the U.S. on secondary transactions, and we are
extremely pleased he is joining us as a senior member of our world-class
Private Capital Advisory team.”
Mr. Reid holds a BBA from the University of Georgia and an MBA from
Harvard Business School.
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 20 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.
Robert B. Walsh, 212-857-3100
G. LaLonde, 212-857-3131
Chief Operating Officer, Investment Banking
The Abernathy MacGregor Group for Evercore