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Published on 7/30/2014 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Evercore Partners forms new European dedicated debt advisory business

By Tali Rackner

Minneapolis, July 30 – Evercore Partners Inc. announced that it is expanding its investment banking capabilities in London through the formation of a new European dedicated debt advisory business, according to a press release.

The business will be led by Swag Ganguly, who joins the firm as a senior managing director from Rothschild in London. He will be supported by Mark Craig, who joins as a managing director from Lloyds Bank plc in London.

Evercore said this new business expands the services that it can provide to existing and new clients in Europe and will form a core part of its offering in conjunction with strategic and mergers and acquisitions advice.

The new team will work closely with the company’s already established restructuring team in London and debt advisory team in the U.S.

Evercore is a New York-based investment banking boutique.


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