Evercore Partners Appoints Stephen CuUnjieng as a Senior Advisor

NEW YORK, Aug. 9  /PRNewswire-FirstCall/ -- Evercore Partners Inc. (NYSE: EVR) today announced that Stephen CuUnjieng has joined the firm as a Senior Advisor.  Mr. CuUnjieng joins Evercore from Macquarie Group, where he was most recently a Vice Chairman, ASEAN.  Mr. CuUnjieng, who will continue to be based in Asia, will remain focused on advising leading companies in the ASEAN region.  His appointment complements Evercore's joint venture with CITIC Securities International Partners ("CSIP"), which is focused on China, and Evercore's strategic alliance with Mizuho in Japan.

"Stephen is a highly respected and experienced investment banker with deep relationships throughout the ASEAN region," said Ralph Schlosstein, President and Chief Executive Officer of Evercore Partners.  "The addition of Stephen reinforces our commitment to building our presence in Asia and providing world class advice to our clients there."

Mr. CuUnjieng is an advisor to a number of Asia's most prominent companies.  He has served as the exclusive financial advisor to Lopez Group (including First Philippine Holdings Corporation) in the restructuring of its ownership of Manila Electric Company, as well as on the sale of their 67% interest in MNTC, the largest toll road company in the Philippines; served as advisor to Lopez on PLDT Group's purchase of an additional interest in Manila Electric; served as the exclusive advisor and sole lead manager of the initial public offering of SM Investments; and served as the sole manager for the convertible bond offering for Bangkok Dusit Hospitals in Thailand, among many other notable situations.

"I am extremely pleased to be joining Evercore as it seeks to build upon its strategic relationships with CSIP and Mizuho and further extend its successful franchise into Asia," said Mr. CuUnjieng.  "I look forward to continuing my role as a senior advisor to the world's leading corporations and collaborating with my new Evercore colleagues and CSIP.  I am especially excited to be reunited with my mentor, (Evercore Vice Chairman) Eduardo Mestre, whom I first worked with at Salomon Brothers and look forward to working with again."

Prior to joining Macquarie Group, Mr. CuUnjieng was Managing Director at Merrill Lynch Asia Pacific Limited; Director at Salomon Brothers Hong Kong Limited; Director and Investment Banking Head for the Philippines for Morgan Grenfell Asia; and a Managing Director for PCI Capital in Manila, Philippines. Mr. CuUnjieng, 50, received his undergraduate and law degree from Ateneo De Manila University in the Philippines and received an M.B.A. in Finance from The Wharton School of the University of Pennsylvania.

About Evercore Partners

Evercore Partners is a leading investment banking boutique and investment management firm.  Evercore's Advisory business counsels its clients on mergers, acquisitions, divestitures, restructurings and other strategic transactions.  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 its offices in New York, San Francisco, Boston, Washington D.C., Los Angeles, Houston, London, Mexico City and Monterrey, Mexico. More information about Evercore can be found on the Company's Web site at http://www.evercore.com/.  EVR-X 

DATASOURCE: Evercore Partners Inc.



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