Greenhill Expands Chicago-Based Industrials Team; Stephen A. Cruise to Join Greenhill as Managing Director

 Greenhill Expands Chicago-Based Industrials Team; Stephen A. Cruise to Join
                        Greenhill as Managing Director

PR Newswire

NEW YORK, Jan. 16, 2013

NEW YORK, Jan.16, 2013 /PRNewswire/ --Greenhill & Co., Inc. (NYSE: GHL), a
leading independent investment bank, announced today that Stephen A. Cruise
will join the Firm in Chicago as a Managing Director focused primarily on the
industrial sector.

Mr. Cruise was previously Co-Head of the Chicago Office and the Midwest Region
for UBS, as well as a senior member of its Global Industrials Group. Mr.
Cruise has over 20 years of financial advisory and corporate finance
experience, including public and private equity and debt financings and
mergers and acquisitions. Mr. Cruise's banking relationships include a wide
range of industrial manufacturing and services companies. He has particular
strength in the industrial, infrastructure and energy services markets, and
built a leading global investment banking franchise in these areas while at
UBS. Mr. Cruise also has significant expertise advising clients on cross
border strategic transactions. Prior to UBS, Mr. Cruise was with Credit
Suisse First Boston and Lehman Brothers. Mr. Cruise has an MBA from the
University of Chicago Booth School of Business and is a Chartered Financial
Analyst (CFA).

Scott L. Bok, Chief Executive Officer of Greenhill, said, "We are pleased to
add a senior banker of Steve's caliber to our already strong industrials team
in Chicago. His recruitment accomplishes two objectives. First, we want to
continue to develop our industry sector capability across global markets, and
he strengthens a team that already reaches across the U.S., Europe, Australia
and Japan. Second, even as we expand our footprint globally, we want to
develop a major presence in key U.S. regional markets, and he becomes our
fifth Chicago-based partner."

Greenhill & Co., Inc. is a leading independent investment bank focused on
providing financial advice on significant mergers, acquisitions,
restructurings, financings and capital raising to corporations, partnerships,
institutions and governments. It acts for clients located throughout the
world from its offices in New York, London, Frankfurt, Stockholm, Sydney,
Tokyo, Toronto, Chicago, Houston, Los Angeles, Melbourne and San Francisco.

Christopher T. Grubb
Chief Financial Officer
Greenhill & Co., Inc.
(212) 389-1800

SOURCE Greenhill & Co., Inc.
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