Evercore Completes Transfer of Ownership and Control of its Mexican Private Equity Business to its Principals

NEW YORK, Sept. 30, 2016 /PRNewswire/ --

Evercore (NYSE: EVR) and the principals of its Mexican private equity business, Evercore Mexico Capital Partners ("EMCP"), today announced the completion of the transfer of control of the business to Glisco Partners Inc. ("Glisco"), a new entity formed by the principals, under the terms of the transaction agreement announced on July 20, 2016.

About Evercore

Established in 1995, Evercore is a leading global independent investment banking advisory firm. Evercore advises a diverse set of investment banking clients on a wide range of transactions and issues and provides institutional investors with high quality equity research, sales and trading execution that is free of the conflicts created by proprietary activities. The firm also offers investment management services to high net worth individuals and institutional investors. With 28 offices in North America, Europe, South America and Asia, Evercore has the scale and strength to serve clients globally through a focused and tailored approach designed to meet their unique needs. More information is available at www.evercore.com.  

About Glisco Partners

Glisco is a newly-created, independent private equity firm, organized to manage the invested capital in Evercore Mexico Capital Partners Funds II and III, and successor funds. Glisco is focused on making influential minority investments in high-growth, middle-market Mexican companies, and partnering with these companies' equity owners and management teams to create shareholder value. The investment team is located in Mexico City comprising ten experienced investment professionals with deep local knowledge.    

Logo - http://photos.prnewswire.com/prnh/20150517/216568LOGO

SOURCE Evercore

Related Links

http://www.evercore.com