Evercore (NYSE:EVR) announced today that its Private Funds Group has made two new hires in its Hong Kong office, expanding the team's current activities in the Asia Pacific region.
Ian Bell joins the firm as a Managing Director from Credit Suisse and will lead the Group's distribution and origination efforts across the Asia Pacific region. Mr. Bell will be supported in Hong Kong by Manda Chan, who joins from MVision Private Equity Advisers.
Richard Anthony, CEO of the Private Funds Group, said, "We are delighted to welcome Ian and Manda to the team. As fundraising for and from the region continues to strengthen, we believe our presence in the Asia Pacific region is key in offering both our GP and LP clients a comprehensive and truly global advisory service."
Mr. Bell joins from Credit Suisse where he was previously responsible for Institutional Investor Coverage across the firm's Asia Pacific client base. Mr. Bell has a proven track record of partnering with many of the region's largest Pensions, Insurers and Sovereign Wealth Funds in providing investment solutions across Private Equity, Credit, Infrastructure, Real Estate, Hedge Funds and other alternative asset classes. He holds a First Class Honours Degree in Quantitative Finance from the University of Western Australia and is currently completing an Executive M.B.A. from both Northwestern University's Kellogg School of Management and the Hong Kong University of Science and Technology. Prior to joining Evercore, Mr. Bell spent 8 years in Credit Suisse's Investment Banking Division in both the Hong Kong and Sydney offices. In his time there, Mr. Bell held a number of senior client coverage roles and was ultimately responsible for multi-asset coverage of Pensions, Insurers and Sovereign Wealth Funds across the Asia Pacific Region. Mr. Bell started his Investment banking career in both the Sydney and London offices of Deutsche Bank's Global Market's Division, where he was responsible for coverage of institutional clients on interest rate and credit derivative products.
Ian Bell said, "The Evercore Private Funds Group has built an enviable reputation in our industry as one of the few high quality placement groups with a truly global reach. I look forward to continuing to build on that theme as we continue to strengthen our relationships with clients on the ground here in Asia."
Ms. Chan is a graduate of Pennsylvania State University with a B.Sc. in Finance and a minor in Supply Chain. Prior to joining Evercore, Ms. Chan was an Associate at MVision Private Equity Advisers where she worked on project management of various fundraises across the Asia Pacific region, and was also responsible for coverage of many leading Limited Partners across Greater China. Ms. Chan began her career within the Restructuring Advisory Services of KPMG. Ms. Chan is fluent in Mandarin, Cantonese and English.
About Evercore
Evercore is a leading independent investment banking advisory firm. Evercore'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 equity research, sales and trading execution that is free of the conflicts created by proprietary activities. 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 21 offices in North America, Europe, South America and Asia. More information about Evercore can be found on the Company's website at www.evercore.com.
Contacts:
Investor:
Evercore
Robert B. Walsh, 212-857-3100
Chief Financial Officer
or
Business:
Evercore Private Funds Group
Richard Anthony, +44-207-290-3297
CEO
or
Media:
The Abernathy MacGregor Group, for Evercore
Dana Gorman, 212-371-5999
