Evercore Inc., originally Evercore Partners, was founded in New York City in 1995 by Roger Altman, David Offensend, and Austin Beutner. It was created as an independent advisory boutique, positioning itself as an alternative to full service Wall Street firms by focusing on M&A, restructuring, and capital markets without the conflicts that come from trading or lending. The firm went public in August 2006 under the NYSE ticker EVR, gradually building a reputation for elite dealmaking across global financial centers.
Evercore operates through its core subsidiary, Evercore LLC, and its institutional research arm, Evercore ISI. Its service offerings span M&A advisory, capital markets, restructuring, divestitures, wealth management, institutional asset management, and equity research . The firm has advised on over $4.7 trillion in transactions, consistently ranking among the top independent advisory players. With about 2,200 employees and 28 offices across 11 countries, Evercore combines local market insight with global execution capabilities.
Evercore is widely recognized for its entrepreneurial, meritocratic culture—described by some as “Goldman North”—and its ability to attract top talent from major banks by offering an “eat-what-you-kill” compensation model. The firm has grown through marquee hires and strategic acquisitions, such as ISI in 2014 for institutional equities and Lexicon Partners in 2011 to bolster cross-border advisory strength. Its advisory roles in high-profile transactions like Whole Foods–Amazon and DowDuPont reflect its scale and reach.
Evercore continues expanding its global footprint and sector expertise. Recent high-impact moves include establishing a new office in Saudi Arabia led by a senior hire to support regional clients and opening a Milan office to amplify its European presence under leadership like Luigi de Vecchi. The firm is deepening its roles in private capital, life sciences, and tech-focused deals, leveraging its independence to offer tailored advisory solutions. With disciplined growth, strong culture, and international expansion, Evercore remains a leading independent force in global investment banking.