Swag Ganguly to Join Evercore as a Senior Managing Director and Mark
Craig to Join as a Managing Director
LONDON -- (Business Wire)
Evercore (NYSE:EVR) announced today that it is expanding its investment
banking capabilities in London through the formation of a new European
dedicated debt advisory business. The business will be led by Swag
Ganguly who joins the firm as a Senior Managing Director from Rothschild
in London; he will be supported by Mark Craig who joins as a Managing
Director from Lloyds Bank in London. This new business expands the
services that Evercore can provide to existing and new clients in Europe
and will form a core part of our offering in conjunction with strategic
and mergers and acquisitions advice. The new team further strengthens
our market-leading restructuring and debt advisory group which has over
30 professionals in New York and London. They will work closely with our
already established restructuring team in London and our debt advisory
team in the US.
“The addition of a dedicated debt advisory capability in London is an
important and natural extension of our investment banking advisory
business globally,” said Ralph Schlosstein, President and Chief
Executive Officer of Evercore. “We now have 115 investment banking
professionals in Europe who have been involved in some of the largest
and most complicated transactions announced in recent years. Debt
advisory is becoming an integral component of mergers and acquisitions
advice and also is increasingly valuable to our clients seeking debt
financing. We are delighted to welcome such highly experienced
individuals in Swag and Mark to build this business for us in London.”
“Capital advisory business in its various forms has been an important
source of growth for Evercore in Europe over recent years,” said Andrew
Sibbald, Chief Executive of European Investment Banking at Evercore.
“With the arrival of Swag and Mark, we will be able to serve our clients
more effectively with a dedicated debt advisory capability to complement
our existing restructuring, public and private equity advisory
activities.”
About Swag Ganguly
Mr. Ganguly most recently was a Managing Director and Head of Structured
Finance in Rothschild’s debt advisory business where he has worked since
2000. Mr. Ganguly has advised corporates, private equity, infrastructure
funds and governments on over $100 billion of financings in his 15 years
in the industry. Mr. Ganguly has recently advised Arqiva on a £4 billion
bank, bond and private placement financing, Opengrid Europe on its €2.7
billion bank and euro-bond financing, Global Container Terminals on its
$1 billion bank and debt private placement, Canary Wharf Group on credit
ratings strategy and Welcome Break on its £350 million senior and
mezzanine refinancing. Mr. Ganguly has a M.A. in Economics from
Cambridge University. He will join Evercore in October.
About Mark Craig
Mr. Craig was most recently Head of Sponsor Coverage for Lloyds Bank.
Prior to that, he was a Managing Director and Head of Large Deal
Origination in the bank’s leveraged finance unit where he led the team
originating and executing some of the largest leveraged facilities that
Lloyds has committed to. Mr. Craig has worked on over $75 billion of
financings including transactions for Carlyle, CVC, Expro, Hellman &
Friedman, KCA Deutag, KKR, Terra Firma, First Reserve, Pamplona and
Bridgepoint. Mr. Craig has led staple financings, underwritten leveraged
transactions, club financings, super senior / uni-tranche transactions,
super senior / high yield transactions and large fund level facilities
for private equity, infrastructure and debt funds. Mr. Craig has a M.A.
in Geography from Cambridge University. He will join Evercore in October.
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 20 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.
About Evercore Europe
Evercore Europe serves clients from offices in London, Madrid and
Aberdeen with dedicated teams covering M&A, energy, financial
institutions, healthcare, metals and mining, private capital,
restructuring, technology, transportation and utilities &
infrastructure. Evercore has recently advised AstraZeneca on the
unsolicited $124 billion bid from Pfizer, Shire on the $55 billion
recommended combination with AbbVie, OAO Severstal on the $2.3 billion
sale of its US steel holdings, ZIM Integrated Shipping Services on the
$3.4 billion restructuring of its liabilities, OEG Offshore on its sale
to KKR, Silverfleet Capital on the acquisition of AGR Group in Oslo and
Dr B. R. Shetty on the acquisition of Travelex.
Contacts:
Evercore
Investors:
Robert B. Walsh, + 1-212-857-3100
Chief
Financial Officer
or
Business:
Andrew Sibbald, +
44 20 7653 6039
Chief Executive Officer, European Investment Banking
or
Media:
The
Abernathy MacGregor Group, for Evercore
Dana Gorman, +
1-212-371-5999
Source: Evercore
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