evercore graduate brochure

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Brochure for the evercore investment group. Aimed at recent grads hoping to find a job at their company.

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  • Graduate and Intern Opportunities

  • Andrew SibbaldCEO, Evercore, Europe

    Evercore is one of the worlds leading independent corporate finance advisory businesses. We pride ourselves on the quality, objectivity and long term relationship-based nature of our advice and our considerable success demonstrates that our clients value it very highly too. Our business has been growing rapidly in recent years, particularly in Europe. To continue to grow and succeed, we seek to recruit only exceptional individuals that have the potential to offer the highest levels of professionalism and expertise for which we are known throughout our business. Our Graduate programme provides successful candidates with excellent training and support during their first year and this continues throughout their careers with Evercore. While a global firm, with offices and joint ventures around the world, the focus and size of our London office ensures that new Graduates receive immediate exposure to both active M&A transactions and the senior leadership of the firm. We are seeking to attract only the most talented and accomplished individuals to join our team and I strongly encourage you to find out more about what Evercore can offer you and your future.

  • 9Hong Kong

    Toronto

    New YorkChicagoWashington DC

    Houston

    MinneapolisBoston

    LondonAberdeen

    Madrid

    Mexico CityMonterrey

    So PauloRio de Janeiro

    Los Angeles

    San Francisco

    Singapore

    Argentina: alliance with Quantum Finanzas

    South Korea: alliance with Woori Investment & Securities

    Japan: alliance with Mizuho Securities

    China: alliance with CITIC Securities International

    India: alliance with Kotak

    Strategic alliance marketsEvercore offices

    Palo Alto

    Who we are...

    Evercore is a premier independent global advisory firm with operations in the Americas, Europe and Asia. Evercore was founded in 1995 by Roger Altman, a former Deputy Secretary of the U.S. Treasury and the Firms Executive Chairman. Evercores CEO since 2009 has been Ralph Schlosstein who was a co-founder of BlackRock and its President for almost twenty years.

    We continue to expand globally in order to ensure the worldview and international knowledge base that is now critical to all investors. Today, our offices in the U.S., the UK, Spain, Mexico, Brazil, Canada, Hong Kong and Singapore are complemented by strategic alliances with leading firms in China, Japan, India, Korea and Argentina.

    Evercore has earned a reputation as a leading independent advisory firm by providing exceptional strategic advisory services, execution excellence, and unsurpassed customer service. We have guided many of the industrys largest, most complex and highest profile transactions. Our now global presence makes Evercore an investment banking firm of choice for prominent multinational corporations, financial sponsors, institutions and wealthy individuals.

    STRICTLY PRIVATE & CONFIDENTIAL

    6

    Evercore Americas

    United States 10 offices

    Canada Toronto office

    Mexico 2 offices

    Brazil 2 offices

    Evercore Europe & Asia

    United Kingdom 2 offices

    Spain Madrid office

    Hong Kong office

    Singapore office

    STRICTLY PRIVATE & CONFIDENTIAL

    6

    Evercore Americas

    United States 10 offices

    Canada Toronto office

    Mexico 2 offices

    Brazil 2 offices

    Evercore Europe & Asia

    United Kingdom 2 offices

    Spain Madrid office

    Hong Kong office

    Singapore office

  • Our business in Europe

    Evercores investment banking business in Europe provides strategic advisory services on significant mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions to clients in Europe, the Middle East and Africa.

    As in the U.S. our model in Europe is based on deep industry sector expertise, complemented by specialist practice teams. We currently have seven industry teams covering Financial Institutions, Utilities & Infrastructure, Energy, Transportation, Healthcare, Metals & Mining and Technology. We also have dedicated teams providing expert advice on public M&A, Debt Advisory and Restructuring. Our growing capital advisory businesses provide advice to managers and investors on fund raising and secondary transactions in the private asset market.

    Our team in Europe has been growing steadily over recent years and currently numbers in excess of 125 bankers in our London, Aberdeen and Madrid offices. We have been successful in hiring a number of high profile senior bankers in recent years, as we have built out our capabilities, and have been involved in some of the largest and most complex transactions in the market.

    Evercore constantly seeks talented, team oriented individuals to join our firm. Throughout our organisation, we provide career advancement and leadership opportunities that enable highly motivated individuals to grow and succeed.

    High quality advice is our sole product Providing M&A, restructuring, capital

    markets, fund-raising and strategic advice

    We do not lend, trade or otherwise risk the firms capital

    Listed on NYSE in 2006 Investment Management and Institutional

    Equities now supplement core Advisory business

    Breadth of sector coverage in US gradually being replicated in Europe

    U.S. heritage Significant international expansion with

    established and growing presence in each of Europe, the Americas and Asia

    Ability to execute complex and cross-border transactions

    Founded by Chairman, Roger Altman, in 1995

    Ralph Schlosstein joined as President and CEO in 2009

    European business led by Andrew Sibbaldsince 2011

    Advisory Focused

    Experienced Leadership

    International Business

    Sustained Growth

  • Evercore Intern and Analyst positions offer career experiences that we believe are unmatched in the industry. A position at Evercore affords a truly hands-on experience, working side by side with senior executives as they craft strategies, create opportunities and execute transactions on behalf of their clients.

    Working at Evercore is an opportunity to learn the investment banking business from highly experienced executives within a business that seeks to maintain the highest industry standards. Positions are offered in Evercores Advisory business, including M&A, Restructuring, Debt Advisory and in the Private Capital Advisory and Private Funds Groups. We provide rigorous training and ongoing mentorship activities and ensure access to the firms senior executives.

  • What I do

    As part of the Energy team in London there are three key elements to my role. The first is conducting detailed financial analysis of oil and gas firms, in particular their relative valuations and building detailed asset and corporate financial models. Synthesising the outputs of this financial analysis and incorporating them with strategic considerations into presentation and pitch materials forms the second aspect. The final element involves managing M&A processes, both on the buyside and sellside. This includes preparing marketing materials, liaising with potential bidders or the seller, managing data rooms and coordinating Q&A.

    Skill set...

    In my opinion the two most important attributes required of an Analyst are a keen desire to learn and an ability to pick up information rapidly. Other skills and attributes that will stand any Analyst in good stead are a strong work ethic, excellent team working skills and calmness under pressure.

    The highlights...

    Since joining Evercore the highlights have included pitching to some of the biggest names within the sector, working directly with some of the best management teams in the industry and on a more general basis the constantly evolving nature of the job. Each day throws something different at you. One personal example recently was a short notice trip to Australia.

    Why I chose Evercore

    As clichd as it sounds, the primary reason I chose Evercore was the people. The opportunity to work directly with some of the most respected bankers in the industry and within a high achieving and more importantly enjoyable team, was something I couldnt turn down. In my mind the culture at Evercore differentiates the firm from its peers, with a very flat hierarchy and emphasis on teamwork. When you are working the long hours that this job can require, it is critical that you enjoy what you do and who you are doing it with.

    Hugo Baker Studied Mechanical Engineering at Bristol. Hugo, now an Associate 2, works in Energy.

    As clichd as it sounds, the primary reason I chose Evercore was the people. The opportunity to work directly with some of the most respected bankers in the industry and within a high achieving and more importantly enjoyable team, was something I couldnt turn down.

  • What I do

    As an Analyst at Evercore, one has the opportunity to acquire a broad skill set through exposure across a wide range of sectors, tasks and transactions. The vast majority of my time is spent working on detailed quantitative and qualitative research and analysis, as well as developing presentations for pitches and mandated projects.

    Skill set...

    Although the nature of the transactions I have been involved with have been varied, the skills required are the same. A good Analyst needs to be bright, enthusiastic and very willing to learn. Beyond those attributes, I believe that you need to have a strong work ethic, as well as good communication and organisational skills.

    The highlights...

    Having not read a finance related degree at university, the sheer amount I have learnt in a short space of time at Evercore is my primary highlight. This was certainly the case when working on my first deal, which was advising Shire on the $55bn takeover offer from AbbVie. The transaction represents the largest UK takeover in almost a decade. Throughout the process I learnt so much about the intricacies of a UK public process and got a real buzz from working on such a high profile transaction.

    Rotation

    As part of the graduate rotation programme at Evercore, I have spent time in both the Transportation and General Advisory teams. Being in a sector team allowed me to have a deeper understanding of industry trends and companies. On the other hand, the General Advisory team has given me the opportunity to experience a broader range of situations with a particular focus on UK public transactions. Thus, in less than a year, I have worked on mandates ranging from healthcare to airports.

    Why I chose Evercore

    The choice was very easy. Having completed an internship at a bulge bracket bank, the contrast with respect to teamwork, senior banker and client exposure, and responsibility could not be greater. As an Analyst at Evercore, you have the opportunity to be involved in almost every aspect of a project, primarily due to the firms preference for small deal teams and its collegiate working environment. Furthermore, given Evercores strong growth trajectory, I dont believe there is a better place to start a career in investment banking.

    ... the sheer amount I have learnt in a short space of time at Evercore is my primary highlight. This was certainly the case when working on my first deal, which was advising Shire on the $55bn takeover offer from AbbVie.

    Arjun PerumalpillaiStudied Human Sciences at Oxford. His first placement was in Transport and hes now working as an Analyst 2 in General Advisory.

  • What I do

    To date, I have spent time working with both the Utilities & Infrastructure team and the Financial Institutions team as part of the Analyst rotation programme. My role as an Analyst in both teams has included performing detailed financial analysis and research on companies and market opportunities, building financial models and ultimately preparing client presentations which incorporate the financial analysis with a strategic overlay. Furthermore, on mandated projects, the Analyst will play a key role in the day to day process management, liaising with clients, other advisers and potential bidders where applicable.

    Skill set...

    Although a good grasp of corporate finance and the ability to perform quantitative analysis is essential, a far broader set of skills are needed in order to succeed as an Analyst in M&A. One of the most important attributes is the ability to communicate effectively given the constant interaction with senior bankers, clients and other advisers on a day to day basis. Other crucial skills include managing multiple tasks with competing deadlines, being inquisitive and showing a keen desire to learn, strong team working skills and the ability to keep calm when under pressure.

    The highlights...

    The biggest highlight of my first year has been the level of responsibility and client interaction that I have been given as a junior banker at Evercore. Throughout the transactions I have

    been involved in, I have been a core member of the team, taking part in key discussions both internally with senior bankers, and externally with the client and related parties

    Rotation

    The graduate rotation programme at Evercore allows Analysts to gain experience across different sectors, as well as the opportunity to work with a variety of individuals across the bank. As part of this programme, I have spent time working with both the Utilities and Infrastructure team and the Financial Institutions team. This has allowed me to develop a broader set of corporate finance skills, including more asset based financial modeling in the Utilities team and more corporate financial modeling and relative valuation in Financial Institutions.

    Why I chose Evercore

    Having previously completed internships at other banks, the culture and people at Evercore played a big part in my decision. Evercores team oriented approach and flat hierarchy, offers juniors the opportunity to work directly with bankers across all levels, providing an unparalleled learning experience. The teams at Evercore highly value the input from their junior bankers. An open communication channel exists between senior and junior bankers which means you are offered the opportunity to actively engage in the full complexities of a deal from the outset.

    The biggest highlight of my first year has been the level of responsibility and client interaction that I have been given as a junior banker at Evercore. Throughout the transactions I have been involved in, I have been a core member of the team, taking part in key discussions both internally with senior bankers, and externally with the client and related parties

    Filip Panovski Studied Economics at Nottingham. His first placement was in Utilities & Infrastructure and hes now working as an Analyst 2 in Financial Institutions.

  • What I doNo two days are alike; my role varies constantly but is mostly made up of financial analysis and presentation materials. The financial analysis could be of a companys current trading, modeling its forecast performance or tracking the historic performance of a sector. Meanwhile the presentations we prepare are used for every stage of a deal from pitch, to board meetings, to marketing. Analysts are also expected to keep on top of company news, pertinent sector developments and market reaction.

    Skill set...

    As training provided is so comprehensive for an Analyst, the most essential components of an Analysts skill set are critical thinking, stamina and enthusiasm to tackle a steep learning curve. Great emphasis is placed upon Analysts learning through doing and we are treated with patience and encouragement while we do so. The most valuable attributes an Analyst can bring to their team are a willingness to engage, take on responsibility and maintain the quality of their work even under pressure.

    The highlights...

    Within five months of arriving, I closed my first deal and within my first year there have been two more. I have had incredible exposure both to clients and to the whole process of a deal from start to finish. For me, the greatest highlight is how much I have improved. Moreover, the exciting pace does not slow down. Each day there are new challenges; this job is never dull.

    Rotation

    Rotations enhance the Analyst experience at Evercore as each Analyst is given the opportunity to learn about two or more sectors. Over eighteen months, there is sufficient time for Analysts to appreciate the nuances of deal processes in different sectors as well as settling into a new team. Furthermore, the process strengthens the culture across the firm.

    The culture and environment

    Evercore values each individual and treats them fairly. Within teams there is no rigid hierarchy, and Analysts are encouraged to be inquisitive and proffer their own thoughts during internal discussions. Teamwork is indispensable and Evercore offers a unique opportunity where Analysts are given responsibilities and play a key role in small teams with some of the most highly respected bankers in the industry.

    Why I chose Evercore

    Evercore combines the strengths and achievements of an international investment bank with a small, tight team structure which makes each individual feel valued. Its core asset is its people, and the nature of small teams means that every Analyst quickly becomes involved with every aspect of a transaction across several live projects.

    Within five months of arriving, I closed my first deal and within my first year there have been two more. I have had incredible exposure both to clients and to the whole process of a deal from start to finish.

    Ros Ogilvie-Smith Joined Evercore after studying Classics with Oriental Studies at Oxford. Her initial placement was with FIG, shes now working as an Analyst 2 in Energy.

  • What I do

    As an Analyst my day to day responsibilities include financial analysis and research on companies and market opportunities, preparing client presentations and working on financial models. As an Analyst at Evercore you will be involved in every aspect of a transaction which will allow you to acquire a wide range of skills.

    Skill set...

    It is essential that an Analyst is able to manage multiple tasks and display excellent communication skills. It is vital to be a team player and to be inquisitive and enthusiastic, to make the most of your experience and to have the desire to constantly learn and develop further.

    The highlights...

    Only five months after joining Evercore I was able to complete my first deal, a buyside. I was part of a small deal team and had a comprehensive view of the whole transaction process. My responsibilities included building the financial model to analyse the underlying business and to prepare presentations for client meetings. During the whole process I was a core member of the team and involved in all key discussions and meetings with decision makers.

    Rotation

    As part of Evercores rotation programme, graduates get the unique opportunity to work in different sector teams. This allows Analysts to broaden their technical skill set, to learn about different industries and to approach challenges from different angles. In addition, it helps with building a network across the entire firm and is an opportunity for Analysts to receive well rounded training.

    The culture and environment

    While Evercore continues its growth path and has added capabilities to cover a wide range of industry sectors, the firm maintains its strong team oriented culture and collegiate work environment.

    Why I chose Evercore

    It was important to me to join a firm where I would enjoy first rate training and work in an entrepreneurial and collegiate work environment. Evercore offers the opportunity to train and acquire the necessary skills required for the job at the graduate training programme at the firms headquarters in New York, supplemented by continued training sessions throughout the year in London. Moreover, as an Analyst you are given responsibility right from the start and you immediately play a key role in transaction execution.

    Thomas FrabergerStudied International Business Administration at Vienna School of Economics & Business, and Accounting & Finance at LSE. Thomas, now an Analyst 3, works in Utilities & Infrastructure.

    Only five months after joining Evercore I was able to complete my first deal, a buyside.

  • What I do

    I am part of Evercores Restructuring team, covering clients in both Europe and the Middle East. As an Analyst, my responsibilities revolve around deal execution on one hand, and our marketing activities on the other. With the former, I am preparing analyses and presentations that are being used for both internal and external purposes. In preparing those, I am working closely with our clients and attend meetings with the management teams or other advisers. For our marketing activities, my responsibilities include a variety of tasks from the identification of potential clients to the pitch with the management team.

    Skill set...

    I believe that diligence, a great eye for detail and the ability to grasp complex, technical topics are among the most important skills and attributes an Analyst can bring. As a single restructuring transaction will evolve over time, sometimes taking more than one year to complete, client work represents a great opportunity to build relationships, take responsibility and learn about the company and the industry in general. It is therefore important to show enthusiasm and willingness to learn, which both the Analyst and the team will benefit from.

    The highlights...

    The highlight was looking back after completing my first year and realising how much I had learnt and the quality of work produced together with the team. Another highlight was being asked What do you think about this? by our client for the first time.

    The culture and environment

    Evercore has a collegiate, team oriented work environment where each member of the team is approachable and open to suggestions from any other team member. Evercore unquestionably has a demanding culture, where a variety of responsibilities are assigned right after joining and direct client interaction is business as usual for Analysts. However, I believe that with the right attitude and willingness to learn, Evercore offers great opportunities to thrive and learn from the tasks assigned.

    Why I chose Evercore

    The primary reason for choosing Evercore was the quality of people I met during my interviews. Needless to say, Evercores reputation for providing independent, high quality advice played a fundamental part too.

    The highlight was looking back after completing my first year and realising how much I had learnt and the quality of work produced together with the team. Another was being asked for the first time by our client What do you think about this?

    Nils OppelStudied International Business Economics at Maastricht, and did an MPhil at Cambridge. Nils is an Analyst 2 in Restructuring.

  • Summer internships:Our summer Internship programme provides students with the opportunity to learn more about investment banking over an approximate 8 week period. The programme is ideal for those who are in their penultimate year of study.

    Our interns are highly valued members of the team and we ensure the first week of the programme is dedicated to training. This provides an excellent foundation from the outset, enabling them to make a real contribution to their respective teams early on.

    In addition, we hold social events within the firm giving the opportunity for interns to network and talk with senior staff members, learning about the business in a more informal environment.

    A number of our summer interns have subsequently received and accepted offers to join our full Graduate Programme.

    15

    Evercore Recruitment Process

    2015

    What makes an Evercore Analyst

    At Evercore, we seek high calibre individuals equipped with the skills and attitude to achieve success in our challenging, dynamic environment. As well as a strong academic background, (a minimum 2:1 degree or predicted degree result), we also look for:

    A strong interest in investment banking and global markets

    Quantitative and analytical acumen

    Demonstrable ability to work as part of a team

    Evidence of achievement outside of academic sphere

    The ability to remain calm under pressure

    Enthusiasm, commitment and a passion for continual learning

    Strong communication and organisational skills

    Honesty, integrity and a respectful attitude to all

    13

    Application To apply for our 2015 Graduate Programme or Summer Internship Programme,

    please visit our website http://www.evercore.com/careers and complete our online application. Please ensure you include a cover letter along with your CV. We are interested in learning about you as a person as well as your academics

    1Online tests If your application is successful you will be asked to complete some online tests2Interviews Interviews will include a combination of telephone and face to face meetings3Assessment day The assessment day is the final stage of the process and is made up of team

    exercises and interviews where you will meet current Analysts as well as more senior members of staff

    4Outcome We will aim to tell you the result of your assessment day as soon as possible,

    usually by the following day5

    Analyst Summer 2015

    Opening date for applications: Monday 22nd September 2014 Closing date for applications: Friday 24th October 2014

    Intern Summer 2015

    Opening date for applications: Monday 24th November 2014 Closing date for applications: Friday 2nd January 2015

  • Recent European transactions Other notable transactions

    12

    Advised IMG on its sale to WME / SilverLake

    Terms not disclosed 2014

    Advising tw telecom on its sale to Level 3 Communications

    US$7.3bn Pending

    Advised Sun Pharma on its acquisition of Ranbaxy

    US$4bn 2014

    Advised AT&T Inc. on its acquisition of Leap Wireless

    International Inc.

    US$4.1bn 2014

    Advised CLP Holdings on the acquisition, together with China

    Southern Power Grid, of ExxonMobil's majority stake in its Hong Kong electricity business

    HK$26,000m 2014

    Advised the Disinterested Directors of the Board of Chrysler Group LLC on the purchase of the VEBAs 41.5% member interests

    for $3.65bn by Fiat

    $3.65bn 2014

    Advised Bristol-Myers Squibb on its acquisition of Amylin and subsequent sale of half of its

    interest in Amylin to AstraZeneca

    US$6.9bn 2012

    Advised El Paso Corporation/ Kinder Morgan on its sale of EP

    Energy to Apollo Global Management and Riverstone

    Holdings

    US$7.2bn 2012

    Advised the Special Committee of Dell on the companys take

    private by Michael Dell and Silver Lake

    US$19.3bn 2013

    17

    Advised AstraZeneca on the unsolicited approach from Pfizer

    US$124bn 2014

    Advising Shire on the takeover offer from Abbvie

    US$55bn Pending 2014

    Advised Dr B. R. Shetty on the acquisition of Travelex Holdings

    Terms not disclosed

    Pending 2014

    Advised Ophir on the sale of a 20% stake in Tanzanian Blocks 1,

    3 & 4 to Pavilion Energy

    US$1,288m 2014

    LS Power Equity Partners IIIEnergy & Power Infrastructure

    $2.075bn Closed$1.5bn Target

    2014

    Advised Cable & Wireless Communications PLC on the disposal of Monaco Telecom

    US$445m 2014

    Advised ZIM (Israel) on its $2 billion financial restructuring

    $2bn 2014

    Acquisition of a 49.9% share in The Airline Group, holder of a 41.9% stake in NATS, by USS

    Terms not disclosed 2014

    Advised Severstal on the sale of its Columbus mini-mill facility to

    Steel Dynamics

    2014$1.625bn

  • 15 Stanhope Gate London, W1K 1LN Tel: 020 7653 6000www.evercore.com/careers