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Lincoln C. Singleton Joins Evercore Partners Private Funds Group

^{Published on 2010-08-10 04:15:43 - Market Wire}
 

NEW YORK & LONDON--([ BUSINESS WIRE ])--Evercore Partners Inc. (NYSE: EVR) announces today that Lincoln C. Singleton has joined the firma™s Private Funds Group as a Managing Director with immediate effect. Mr Singleton will be based in Evercorea™s New York office where he will be responsible for managing the groupa™s relationships with limited partners in the South-East and Texas.

"The addition of Lincoln and Christian to our team is a further milestone for our business. Both bring strong relationships and experience, which will further strengthen Evercorea™s existing independent advisory offering."

Previously, he was a Managing Director at Durham Asset Management, the global distressed-credit manager, where he played a significant role in growing the business, increasing its assets under management from $420 million to $1.35 billion.

Lincolna™s appointment strengthens Evercore Private Funds Group in North America and builds on the recent hire of Christian von Massenbach as a Vice President in the London office. Christiana™s primary focus will be on the Swiss and German markets.

aI am delighted to welcome Lincoln and Christian to Evercore,a said Richard Anthony, Head of the Private Funds Group. aThe addition of Lincoln and Christian to our team is a further milestone for our business. Both bring strong relationships and experience, which will further strengthen Evercorea™s existing independent advisory offering.a

Lincoln C. Singleton said, aEvercore Private Funds Group has developed an enviable, high quality, global platform. There are significant opportunities in the fund placement market for a firm like Evercore and I am delighted to be joining this talented team.a

About Evercore Partners

Evercore Partners is a leading independent investment banking firm. Evercorea™s Investment Banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions and also provides institutional investors with high quality research, sales and trading execution that is free of proprietary conflicts; Evercorea™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, Boston, Houston, Los Angeles, San Francisco, Washington D.C., London, Mexico City and Monterrey, Mexico. More information about Evercore can be found on the Companya™s Web site at [ www.evercore.com ].