Evercore Wealth Management Completes Acquisition of Mt. Eden Investment Advisors

  Evercore Wealth Management Completes Acquisition of Mt. Eden Investment

Business Wire

NEW YORK -- December 28, 2012

Evercore Wealth Management, LLC today announced that it has completed the
acquisition of Mt. Eden Investment Advisors, LLC, a San Francisco-based wealth
management firm, under the terms of the agreement announced on November 7,

Evercore Wealth Management now has 27 partners serving high net worth
individuals, families and related institutions across the United States,
including seven partners based in the San Francisco and Los Angeles offices.

About Evercore Wealth Management

Evercore Wealth Management, LLC, a subsidiary of Evercore Partners Inc.,
serves high net worth individuals, families and related institutions,
delivering customized investment management, financial planning, and trust and
estate services. Evercore Wealth Management is a registered investment advisor
with the U.S. Securities and Exchange Commission, with offices in New York,
Minneapolis and San Francisco. The firm, which was founded in November 2008,
manages client assets totaling $3.8 billion as of September 30, 2012. It
completed the acquisition of Mt. Eden Investment Advisors, LLC on December 28,
2012; Mt. Eden Investment Advisors has $645 million in client assets as of
September 30, 2012. Additionally, Evercore Wealth Management offers personal
trust, estate and custody services to its clients though Evercore Trust
Company, N.A., a national trust bank with $33.2 billion in assets under
administration, as of September 30, 2012. More information about Evercore
Wealth Management and its team of advisors can be found at

About Evercore Partners

Evercore Partners 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 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 its offices in New York, Boston,
Chicago, Houston, Los Angeles, Minneapolis, San Francisco, Washington D.C.,
Toronto, London, Aberdeen, Scotland, Mexico City and Monterrey, Mexico, Hong
Kong and Rio de Janeiro and São Paulo, Brazil. More information about Evercore
can be found on the Company's website atwww.evercore.com.


Kensington Private for Evercore Wealth Management and Mt. Eden Investment
Aline Sullivan, 203-918-3389
Evercore Partners
Robert B. Walsh, 212-857-3100
Chief Financial Officer
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