Evercore Partners Inc. Announces Pricing of Initial Public Offering
11 August 2006 - 10:37AM
PR Newswire (US)
NEW YORK, Aug. 10 /PRNewswire/ -- Evercore Partners Inc. announced
today that its initial public offering of 3,950,000 shares of its
Class A common stock has been priced at $21.00 per share. The
shares are expected to begin trading tomorrow, August 11, 2006, on
the New York Stock Exchange under the symbol "EVR." The
underwriters have been granted a 30-day option to purchase up to
592,500 additional shares of Class A common stock at the public
offering price less the underwriting discount from Evercore if the
underwriters sell more than 3,950,000 shares in the offering.
Lehman Brothers Inc. is the sole book-running manager for the
offering. Goldman, Sachs & Co. and JPMorgan are joint lead
managers. Keefe, Bruyette & Woods, Fox-Pitt, Kelton and E*TRADE
FINANCIAL are acting as co-managers. A copy of the final prospectus
may be obtained by contacting: Lehman Brothers Inc. c/o ADP
Financial Services, Integrated Distribution Services 1155 Long
Island Avenue Edgewood, NY 11717 Fax: (631) 254-7268 or email: The
final prospectus, when it is available, also may be obtained on the
Securities and Exchange Commission's Web site at
http://www.sec.gov/. About Evercore Partners Evercore Partners is a
leading investment banking boutique and investment firm. Evercore's
advisory business counsels its clients on mergers, acquisitions,
divestitures, restructurings and other strategic transactions.
Evercore's investment management business manages private equity
funds for sophisticated institutional investors. Evercore serves a
diverse set of clients around the world from its offices in New
York, Los Angeles, San Francisco, Mexico City and Monterrey,
Mexico. DATASOURCE: Evercore Partners Inc. CONTACT: Kenny Juarez or
Chuck Dohrenwend, both of The Abernathy MacGregor Group, for
Evercore Partners, +1-212-371-5999
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