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Evercore appoints Senior Managing Directors in the Infrastructure, Utilities and Renewables Group

Jonathon Kaufman and Ted Michaels have joined Evercore’s Investment Banking business as Senior Managing Directors in the Infrastructure, Utilities and Renewables Group based in New York.

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.

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, says: “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, adds: “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.”

Kaufman and Michaels add: “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.”

Kaufman holds a BA in International Relations from the University of Pennsylvania and has spent his entire career in Investment Banking starting at Deutsche Bank.

Michaels holds an MBA from the NYU Leonard Stern School of Business and a BS in Engineering from the University of Virginia.

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