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Kaan Kesedar Joins Evercore as Senior Managing Director in the Financial Sponsors Group

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Evercore announced today that Kaan Kesedar has joined the firm as a senior managing director in the financial sponsors group. He will be based in London partnering with Tiarnan O'Rourke and other senior managing

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AI Summary

Kaan Kesedar joins Evercore as a senior managing director in London. His experience will enhance Evercore's financial sponsors group capabilities. Evercore focuses on the financial sponsors ecosystem for strategic growth. Kesedar brings 20 years of investment banking experience to the firm. He previously held senior roles at Citi, Credit Suisse, and Accenture.

Sentiment Rationale

Hiring a seasoned professional like Kesedar could lead to enhanced operations and client acquisition. This aligns with Evercore’s strategic focus on increasing financial sponsor activities, having a positive historical impact on stock prices in similar contexts.

Trading Thesis

The integration of experienced leadership tends to yield long-term benefits, positioning the firm to capitalize on industry growth over time.

Market-Moving

  • Kaan Kesedar joins Evercore as a senior managing director in London.
  • His experience will enhance Evercore's financial sponsors group capabilities.
  • Evercore focuses on the financial sponsors ecosystem for strategic growth.

Key Facts

  • Kaan Kesedar joins Evercore as a senior managing director in London.
  • His experience will enhance Evercore's financial sponsors group capabilities.
  • Evercore focuses on the financial sponsors ecosystem for strategic growth.
  • Kesedar brings 20 years of investment banking experience to the firm.
  • He previously held senior roles at Citi, Credit Suisse, and Accenture.

Companies Mentioned

  • C (C)
  • CS (CS)
  • ACN (ACN)

Corporate Developments

The article highlights strategic leadership change that may result in long-term growth for Evercore, indicating it will likely influence investor sentiment positively.

Evercore announced today that Kaan Kesedar has joined the firm as a senior managing director in the financial sponsors group. He will be based in London partnering with Tiarnan O'Rourke and other senior managing directors across the region and globally to serve Evercore's private equity clients in EMEA.

Matthew Lindsey-Clark, co-head of Evercore's EMEA investment banking business, said, "We are delighted to welcome Kaan to Evercore. His experience and relationships across the financial sponsor universe will further strengthen our capabilities to serve these important clients. We continue to view the financial sponsors ecosystem as an area of strategic focus for Evercore where we are well positioned to capitalize on increasing activity."

"I am excited to join Evercore and assist in enhancing the firm's dedicated financial sponsors coverage effort. I look forward to contributing to Evercore's continued growth in this important space and supporting Evercore's clients," said Mr. Kesedar.

Mr. Kesedar brings nearly 20 years of investment banking experience to Evercore. Most recently, he served as managing director at Citi. Previously, he held positions at Credit Suisse and Accenture. Mr. Kesedar earned an MBA at the University of Chicago Booth School of Business and a B.A. at Vanderbilt University.

About Evercore

Evercore (NYSE:EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic and financial significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings and capital structure. Evercore also assists clients in raising public and private capital, delivers equity research and equity sales and agency trading execution, and provides wealth and investment management services to high-net-worth and institutional investors. Founded in 1995, the firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com.

Business Contact:

Matthew Lindsey-Clark

Co-head of Evercore's EMEA investment banking business

Communications@Evercore.com

Media Contact:

FGS Global

Evercore-Europe@fgsglobal.com

Jamie Easton

Global Head of Communications & External Affairs

Communications@Evercore.com

Investor Contact:

Katy Haber

Head of Investor Relations & ESG

InvestorRelations@Evercore.com

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