Evercore Partners has launched an equity research group and plans to initiate coverage of companies in the telecommunication, media and technology, and financial institutions industries during the third quarter.
The research group initially is comprised of ten analysts with expertise in the sectors they cover.
The research group will initially cover the following sectors: financial technology / IT services (analyst David Togut), large-cap banks (Andrew Marquardt), regional banks (John Pancari), specialty finance (Brad Ball), cable and satellite (Bryan Kraft), consumer internet (Kenneth Sena), media and entertainment (Alan Gould), networking equipment (Alkesh Shah), publishing (Douglas Arthur) and telecom (Jonathan Schildkraut).
Evercore plans to expand coverage to include insurance, capital markets, real estate investment trusts, software, hardware and semiconductors.
"We are excited to announce the core of our equity research team. These senior hires round out our initial hiring plan and put us in a position to deliver the high quality, objective research content we have committed to our institutional clients," says Charles Myers, head of Evercore institutional equities. "We are now singularly focused on broadening our client relationships and generating investment ideas and insights for these clients."
