Evercore Partners Appoints Stephen CuUnjieng as a Senior Advisor
10 August 2009 - 10:00AM
PR Newswire (US)
NEW YORK, Aug. 9 /PRNewswire-FirstCall/ -- Evercore Partners Inc.
(NYSE: EVR) today announced that Stephen CuUnjieng has joined the
firm as a Senior Advisor. Mr. CuUnjieng joins Evercore from
Macquarie Group, where he was most recently a Vice Chairman, ASEAN.
Mr. CuUnjieng, who will continue to be based in Asia, will remain
focused on advising leading companies in the ASEAN region. His
appointment complements Evercore's joint venture with CITIC
Securities International Partners ("CSIP"), which is focused on
China, and Evercore's strategic alliance with Mizuho in Japan.
"Stephen is a highly respected and experienced investment banker
with deep relationships throughout the ASEAN region," said Ralph
Schlosstein, President and Chief Executive Officer of Evercore
Partners. "The addition of Stephen reinforces our commitment to
building our presence in Asia and providing world class advice to
our clients there." Mr. CuUnjieng is an advisor to a number of
Asia's most prominent companies. He has served as the exclusive
financial advisor to Lopez Group (including First Philippine
Holdings Corporation) in the restructuring of its ownership of
Manila Electric Company, as well as on the sale of their 67%
interest in MNTC, the largest toll road company in the Philippines;
served as advisor to Lopez on PLDT Group's purchase of an
additional interest in Manila Electric; served as the exclusive
advisor and sole lead manager of the initial public offering of SM
Investments; and served as the sole manager for the convertible
bond offering for Bangkok Dusit Hospitals in Thailand, among many
other notable situations. "I am extremely pleased to be joining
Evercore as it seeks to build upon its strategic relationships with
CSIP and Mizuho and further extend its successful franchise into
Asia," said Mr. CuUnjieng. "I look forward to continuing my role as
a senior advisor to the world's leading corporations and
collaborating with my new Evercore colleagues and CSIP. I am
especially excited to be reunited with my mentor, (Evercore Vice
Chairman) Eduardo Mestre, whom I first worked with at Salomon
Brothers and look forward to working with again." Prior to joining
Macquarie Group, Mr. CuUnjieng was Managing Director at Merrill
Lynch Asia Pacific Limited; Director at Salomon Brothers Hong Kong
Limited; Director and Investment Banking Head for the Philippines
for Morgan Grenfell Asia; and a Managing Director for PCI Capital
in Manila, Philippines. Mr. CuUnjieng, 50, received his
undergraduate and law degree from Ateneo De Manila University in
the Philippines and received an M.B.A. in Finance from The Wharton
School of the University of Pennsylvania. About Evercore Partners
Evercore Partners is a leading investment banking boutique and
investment management firm. Evercore's Advisory business counsels
its clients on mergers, acquisitions, divestitures, restructurings
and other strategic transactions. 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 its offices in New York, San
Francisco, Boston, Washington D.C., Los Angeles, Houston, London,
Mexico City and Monterrey, Mexico. More information about Evercore
can be found on the Company's Web site at http://www.evercore.com/.
EVR-X DATASOURCE: Evercore Partners Inc. CONTACT: Investors, Robert
B. Walsh, Chief Financial Officer, Evercore Partners,
+1-212-857-3100, or Media, Kenny Juarez, The Abernathy MacGregor
Group, for Evercore Partners, +1-212-371-5999 Web Site:
http://www.evercore.com/
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