Graduate and Intern Opportunities 2016 - Evercore

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Graduate and Intern Opportunities 2016 - Evercore
Graduate
and Intern
Opportunities

2016
Graduate and Intern Opportunities 2016 - Evercore
Evercore is one of the world’s leading
                                                        independent corporate finance advisory

“
                                                        businesses. We pride ourselves on
    We are seeking to attract                           the quality, objectivity and long term
    only the most talented and                          relationship-based nature of our advice and
    accomplished individuals to                         our considerable success demonstrates
    join our team and I strongly                        that our clients value it very highly too.
                                                        Our business has been growing rapidly
    encourage you to find out      “                    in recent years, particularly in Europe. To
    more about the opportunities                        continue to grow and succeed, we seek
    that Evercore can offer you.                        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 active M&A and capital markets
                                       Andrew Sibbald   transactions and to the senior executives
                                          CEO Europe    of the firm.
Graduate and Intern Opportunities 2016 - Evercore
Table of Contents

     Who We Are               Your Career Takes Off Here
     Page 1                   Page 13

     Our Business             The Recruitment Process
     Page 3                   Page 14

     What we Do at a Glance   Investing in You
     Page 5                   Page 15

     Insights                 Our Community, It’s Not All Work
     Page 7                   Page 15

                              Transactions
                              Page 17

                              Case Studies
                              Page 18
Graduate and Intern Opportunities 2016 - Evercore
Who we are
Independent
Global Advisory   Established in 1995, Evercore is a leading global independent investment
                  banking advisory firm. Evercore advises a diverse set of investment banking
                  clients on a wide range of transactions and issues and provides institutional
                  investors with high quality equity research, sales and trading execution
                  that is free of the conflicts created by proprietary activities. The firm also
                  offers investment management services to high net worth and institutional
                  investors. With 28 offices in North America, Europe, South America and
                  Asia, Evercore has the scale and strength to serve clients globally through a
                  focused and tailored approach designed to meet their unique needs. More
                  information about Evercore can be found on the Company’s website at
                  www.evercore.com.

                  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 industry’s
                  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.

EVERCORE                                                                                           1
Graduate and Intern Opportunities 2016 - Evercore
Today, our offices in the
US, the UK, Germany,
Spain, Mexico, Brazil,
Canada, Hong Kong
and Singapore are
complemented by
strategic alliances with
leading firms in China,
Japan, India, Korea,
Australia and Argentina.

2                           EVERCORE
Graduate and Intern Opportunities 2016 - Evercore
Our Business
In Europe
               Evercore’s 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 US 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, Healthcare, Metals, Mining & Materials, Chemicals
               and Technology. We also have dedicated teams providing expert advice
               on public M&A, Equity Capital Markets Advisory, Debt Advisory and
               Restructuring. Our growing capital advisory businesses provide advice to
               managers and investors on fund raising and secondary transactions in the
               private equity and alternative asset markets.

               Our team in Europe has been growing steadily over recent years and
               currently has in excess of 135 bankers in our London, Aberdeen, Frankfurt
               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                                                                                        3
Graduate and Intern Opportunities 2016 - Evercore
Evercore 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.

4                          EVERCORE
Graduate and Intern Opportunities 2016 - Evercore
What we do
At a Glance

                                                                                        Equity Capital Markets

                                Real Estate Portfolio Solutions

    Debt & Restructuring
                                                                           Technology
                                                                                                Utilities & Infrastructure

                                             Private Capital Advisory

                           Energy

                                                                                              Metals, Mining & Materials
   Financial Services

                                              Healthcare                Private Funds Group

                    Mergers & Acquisitions                                                                Chemicals

EVERCORE                                                                                                                     5
Graduate and Intern Opportunities 2016 - Evercore
1                            2                         3                            4
           Advisory                  International              Experienced                   Sustained
           Focused                     Business                  Leadership                    Growth
•       High quality advice is   •   U.S. heritage          •   Founded by Chairman,    •   Listed on NYSE in
        our sole product                                        Roger Altman, in 1995       2006
                                 •   Significant
•       Providing M&A,               international          •   Ralph Schlosstein       •   Investment
        restructuring, capital       expansion with             joined as President         Management and
        markets, fund-raising        established and            and CEO in 2009             Institutional Equities
        and strategic advice         growing presence in                                    now supplement core
                                                            •   European business
                                     Europe, the Americas                                   Advisory business
•       We do not lend, trade                                   led by Andrew Sibbald
                                     and Asia
        or otherwise risk the                                   since 2011              •   Breadth of sector
        firm’s capital           •   Ability to execute                                     coverage in the
                                     complex and                                            US gradually being
                                     crossborder                                            replicated in Europe
                                     transactions

    6                                                                                                    EVERCORE
Insights

           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 Evercore’s Advisory business, including
           M&A, Restructuring, Debt Advisory and in the Private Capital Advisory
           and Private Funds Groups. We provide rigorous training, ongoing
           development and ensure access to the firm’s senior executives.

EVERCORE                                                                           7
“
    Why Evercore
                                                                  Eventually, I also think it’s important to just
    It became apparent to me as early as during the
                                                                  enjoy the analyst journey and not to forget
    recruitment process what sets Evercore apart from
                                                                  to have fun. It’s the people and culture
    its competitors. The entire process was very per-
                                                                  that really make the experience; people
    sonal and I had the chance to gain insights into the
    company’s engaging and authentic culture from the
    first moment. The assessment centre was both chal-
                                                                  at Evercore share their knowledge, have
                                                                  a strong focus on teambuilding and care
                                                                  about your development.
                                                                                                               “
    lenging and rewarding but what I valued most is that
    there were many possibilities to meet some of Ever-
    core’s employees and to get first hand impressions of
    their life as an M&A professional.

    What I do

    Currently, I work as a 3rd year analyst in the Energy
    Team. Being part of a sector team has allowed me to
    gain a deeper understanding of industry trends and
    the corporate landscape. To date, I have worked on
    a variety of transactions, buy-side and sell-side as
    well as capital markets transactions. My steep learn-
    ing curve has also been fostered by Evercore’s rela-
    tively small size. Working in lean deal teams enabled
    me to step up rapidly and to take on a meaningful

                                                                                                                      Laura-Elisa Ulrich
    role in decision making processes.

    Skills

    In my opinion, the most important skills to be a good
    analyst are a willingness to learn and to have a can-
    do attitude. Beyond these attributes it is essential to
    have an analytical mind-set and to be able to cope
    with a fast-paced environment.

                                                                                 ANALYST
8                                                                              ENERGY TEAM                          EVERCORE
“
                                                                    What skill set is required…

                    Why Evercore…                                   As a graduate analyst you are required to grasp new
                                                                    concepts quickly, assimilating new information and adapting
                    Shortly after joining the graduate              to a consistently changing workflow. Having a good
                    programme in the Technology team, I had         understanding of corporate finance is a good starting point
                                                                    but intellectual curiosity and critical thinking are vital when
                    the opportunity to interact directly with one
                                                                    working in a fast-paced environment. Finally, an analyst
                    of our clients realising how soon an analyst    needs to be reliable, eager to learn and proactive because
                    can receive exposure compared to some           junior analyst contribution is highly valued.
                    other financial institutions. This is why I
                    chose Evercore above its competitors; in
                    addition I have been able to work on an
                    entire deal process which I never thought I
                    would experience so early on.
                                                                “   Describe a typical day as a graduate analyst at Evercore…

                                                                    My typical day is spent creating marketing presentations
                                                                    for existing and potential clients, working on financial and
                                                                    operating models, gathering data from equity research, and
                                                                    tracking specific company developments. I was working on
                                                                    a live mandate in my first month and felt I had made a real
                                                                    impact in the early days as a result.

                                                                    The recruitment process…

                                                                    During my assessment centre I was impressed by the
                                                                    positive attitude senior people have towards the candidates,
                                                                    I noticed their genuine interest in my personality and career
                                                                    aspirations, as well as their commitment to emphasise the
                                                                    firm’s culture. A culture based on excellence, client focus
Andrea Motori

                                                                    and independence is embedded in the daily activities.

                                                                    Culture…

                                                                    I’ve taken part in several social events organised by the
                                                                    firm; this allowed me to get involved and strengthen
                                                                    relationships with my colleagues. For instance, we attended
                                                                    a lunch with the CEO of Evercore Europe who provided an
                                                                    update on future developments and enabled us to discuss
                                                                    with him our professional goals and long term plans.

                                       ANALYST
EVERCORE                           TECHNOLOGY TEAM                                                                                    9
“
     Why Evercore…
     I joined the Generalist Team in 2016. Having completed                I was looking for a leading company which
     internships in bulge brackets, I was looking for a leading
                                                                           enables its employees to thrive as an
     company which enables its employees to thrive as an
                                                                           individual. Given Evercore’s reputation as
     individual. Given Evercore’s reputation as a leading financial
     advisor and its people-oriented culture, I could not find
     better.
                                                                           a leading financial advisor and its people-
                                                                           oriented culture, I could not find better.
                                                                                                                         “
     As a junior, you are fully integrated into your team from
     day one. Over the past few months I have enjoyed a high
     level of exposure to both senior managers and clients,
     enhanced by the small team structure we have. It has been
     a great experience, that comes with high expectations and
     accountability for the work done but with all the support we
     need to succeed.
     Training…
     Training starts with 6 weeks training in London and New
     York. It provides analysts with solid basic technical skills it
     is also a time to get to know your peers. Take that chance
     and meet people, you may be working on cross-team deals
     and it is always nice to know the people you are working
     with. Once at your desk, you are encouraged to try, take
     initiatives, ask questions and reach for help if needed.
     What skills are required …?
     Evercore culture creates a great place for personal
     development. I enjoy the diversity of the projects I am

                                                                                                                             Clothilde Guittard
     working on. I work on presentations, financial models and
     run various analyses, I am also involved in calls and client
     meetings. One should have some key skills to succeed as
     an analyst the most important quality is your attitude: keep
     positive and be eager to learn.
     To sum-up, Evercore is a great firm where I can work with
     experienced talented but down to earth bankers.

                                                                                        ANALYST
10                                                                               GENERAL ADVISORY TEAM                   EVERCORE
“
                                                                 Why Evercore
                  What I like about my job...
                                                                 I chose Evercore because of the social and
                                                                 entrepreneurial benefits of working for a small team
                  The learning curve is so steep; it’s amazing
                                                                 in a small firm without any of the reputational trade
                  how much you improve in a matter of
                                                                 off that can come with working for a boutique. You
                  months. Lean deal teams mean that I am
                                                                 quickly realise the strength the Evercore brand
                  often the only Analyst on a deal or a pitch;
                                                                 wields and there are plenty of opportunities to
                  it forces you to take the initiative and I
                                                                 integrate with the company; I’ve been to various
                  have found it to be a major catalyst for
                                                                 dinners and drinks events with the firm, I even spent
                  my development. The fact that Investment
                                                                 a weekend in Wales doing a triathlon for charity with
                  downside but in my experience it has been
                  a great driver in improving my efficiency.
                                                             “
                  Banking is high pressure is often cited as a
                                                                 30 of my colleagues.

                                                                 Useful skills

                                                                 Intellectual curiosity is a really useful trait; you
                                                                 spend a lot of time and effort on the operational side
                                                                 of executing a deal and can often lose track of the
                                                                 bigger picture. Stopping to think and ask questions
                                                                 about the goals of the various parties in a deal, the
                                                                 transaction structure, and the concepts behind the
                                                                 process you’ve gone through can really speed along
                                                                 your development.
Daniel Ward

                                                                 Advice to candidates

                                                                 People underestimate the importance of their
                                                                 motivations. You need to be able to demonstrate
                                                                 how you came to apply. Talking about how your
                                                                 learnings from past experiences have informed your
                                                                 ambitions will convey that you have had interesting
                                                                 experiences, have thought critically about them, and
                                                                 that you have a meaningful understanding of the role
                                                                 you are applying for.

                                    ANALYST
EVERCORE                 PRIVATE CAPITAL ADVISORY TEAM                                                                    11
“
     Why Evercore
     Having worked at two investment banks before, the          I was attracted to Evercore by its growth
     things I have appreciated during my time at Evercore       and performance in the past few years.
     is the exposure you are given from your first day.         The ability to work in small deal teams on
     There is a great culture for teaching others and you       the largest deals in a collegiate working
     are able to learn a huge amount from the bright            environment was particularly attractive.
     individuals around you.                                    This has paid off and I have been able to
     Having not read a finance-related degree at
     university, the sheer amount I have learnt in a
                                                                work closely with the most senior bankers
                                                                in the team which is extremely rewarding.
                                                                                                             “
     short space of time in investment banking is a key
     highlight. The fast-paced and challenging nature
     is something which attracted me and continues to
     motivate me on a daily basis.

     What I do
     As an Analyst, I spend the vast majority of my
     time on in-depth research into new concepts and
     companies as well as developing financial analysis
     and presentation materials for marketing and live
     project work.
     As part of the General Advisory team at Evercore,

                                                                                                                 Omar Salih
     I have been able to experience a broad range of
     sectors allowing me to analyse companies with
     differing profiles and characteristics. In the past
     year, I have been able to work with companies
     in the consumer, healthcare, industrial and travel
     industries.

                                                                             ANALYST
12                                                                    GENERAL ADVISORY TEAM                  EVERCORE
Your career takes off here
Why you should choose Evercore

Evercore Intern and Analyst positions      your technical ability, this ensures you
offer career experiences that we believe   are able to add value to your team early
are unmatched in the industry.             on using your newly acquired skill set.
                                           As with the intern programme, graduates
Our 8 week intern programme starts         are assigned a buddy to support them
with a company induction followed by       through the early month of your career.
industry training from our specialist
training providers. You will be assigned   During the course of both programmes,
a buddy to support you during your         you will have many opportunities to
8 weeks and will receive informal          network with your colleagues as Evercore
feedback from your team throughout the     offers several social events, including our
programme, ensuring you get the best       annual summer away day, throughout the
exposure possible.                         summer season.

Our Graduate programme begins with
6 weeks of training, both technical
and soft skills focused. 10 days of the
programme will be at our New York office                 ANALYST Summer 2017                INTERN Summer 2017
where you will have the opportunity to                 Opening date for applications:  Opening date for applications:
network with your peers while increasing                Monday 5th September 2016      Monday 26th September 2016

                                                        Closing date for applications:  Closing date for applications:
                                                           Friday 28th October 2016      Friday 18th November 2016

EVERCORE                                                                                                            13
The Recruitment Process
       Step 1                                      Step 3                                      Step 5
       Online Application                          Online Testing                              Assessment Day
       All applications should be made             Online numerical and verbal                 The assessment day is the final stage
       online at www.evercore.com/careers          reasoning tests will follow phone           of the process and is made up of team
       with a CV and Cover Letter attached.        interviews if successful.                   exercises, networking and interviews.
       We are interested in learning about                                                     During the assessment day you will
       you as a person as well as your                                                         meet current investment banking
       academics.                                                                              analysts and senior members of staff.

Successful applications                  Face to face interviews will           We aim to tell you the result
will be invited to take part             be arranged for successful             of your assessment day as soon as
in an initial phone interview            applications for those near to         possible. Usually by the first working
to discuss the application               London. Skype interview will           day after the assessment day.
and your motivation in more              be held where face to face
detail.                                  interviews are not feasible.

                                                            Step 4
                  Step 2                          Face to Face /                                          Step 6
     Phone Interview                           Skype Interviews                                           Outcome
14                                                                                                                       EVERCORE
Investing in you
Benefits we offer

EVERCORE            15
Our Community, its not all work
Forums, charity & volunteering, social activities

                 Trains depart Liverpool Street every 30 minutes, and it
                 takes 25 minutes from Liverpool Street to Waltham Cross.
                 Once you get to Waltham Cross, it will take approx. 12
                 minutes to walk to the White Water Centre, see the map
                 for the route; there will also be ushers to direct you.
                                                                            2016 Away Day
                                                                              Friday15th July

16                                                                                        EVERCORE
Transactions
 Since our inception, Evercore has been involved in the largest and most
 complex transactions, including two of the six largest transactions globally
 in 2015

           US$31bn                      2016   US$68bn                    2015   US$67bn                     2015   US$40bn                   Ongoing

                                                                                                                       Energy Future
                                                                                                                         Holdings
            Advising Abbot on its pending                                                                           Advising Energy Future Holdings
            acquisition of St Jude Medical      Advising DuPont on its pending    Advising EMC plc on its sale to   on its restructuring affecting over
                                                 $68 billion merger with Dow           Dell and Silver Lake                  $40 billion of debt
                                                           Chemical

           £3.5bn                       2015   US$32bn                   2015    £844m                       2015   US$15bn                      2015
                                                                       Pending                                                                 Pending

            Advised Amlin plc on its sale to         Advising Shire on its        Advised Pearson on the sale of      Advising Dubai World on an
             Mitsui Sumitomo Insurance             combination with Baxalta         Financial Times to Nikkei        Amend & Extend transaction
                      Company                                                                                        affecting its $15 billion of debt

EVERCORE                                                                                                                                                  17
Evercore
     15 Stanhope Gate
     London, W1K 1LN

18                      EVERCORE
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