Evercore (NYSE: EVR) announced today that Jonathon Kaufman and Ted Michaels have joined the Firm’s Investment Banking business as Senior Managing Directors in the Infrastructure, Utilities and Renewables Group based in New York.
Mr. Kaufman was most recently Global Co-Head of the Energy & Infrastucture Group at Credit Suisse. Prior to that, he was Global Head of the Infrastucture, Utilities and Renewables Group. He will lead Evercore’s efforts across Utilities and Renewables in New York. Over his more than twenty-year career, he has advised on M&A and capital markets across renewables, energy transition, conventional power and utility transactions for corporate, private equity and infrastructure funds. Recent transactions include advising EVgo on its business combination with Climate Change Crisis Real Impact and NRG Energy on its acquisition of Direct Energy.
Mr. Michaels was most recently Global Head of Renewables and Sustainable Energy Technologies at Credit Suisse. He has led many notable clean energy M&A and capital markets transactions while also advising strategic and financial clients in repositioning their businesses to meet sustainability goals. Recent transactions include advising Sunrun on its acquisition of Vivint Solar and Star Peak Energy Transition Corp on its business combination with Stem.
Ralph Schlosstein, Evercore’s Co-Chairman and Co-Chief Executive Officer, said, “Energy transition will be a multi-decade theme that will require significant investment and innovation. The utility and renewable sector will power this transition and we are excited to have Jonathon and Ted join to build out our capabilities in this high growth area.”
John S. Weinberg, Evercore’s Co-Chairman and Co-Chief Executive Officer, added, “We believe this sector will drive significant strategic opportunities that fit well with Evercore’s capabilities and growth areas. Jonathon and Ted bring deep, well-established relationships and have a track record of success as a team that will complement our global efforts across energy transition.”
Mr. Kaufman and Mr. Michaels added, “Evercore’s leading brand, breadth of product capabilities and experience across disruptive industries presents an attractive platform to serve as a trusted advisor during a period of rapid growth."
Mr. Kaufman holds a B.A. in International Relations from the University of Pennsylvania and has spent his entire career in Investment Banking starting at Deutsche Bank.
Mr. Michaels holds an MBA from the NYU Leonard Stern School of Business and a B.S. in Engineering from the University of Virginia.
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 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 and delivers equity research and equity sales and agency trading execution, in addition to providing 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211103005462/en/