Evercore Hires Goldstein for Restructuring Business
(Corrects to add debt financings to third paragraph.)
Goldstein, who spent a decade at rival investment bank Lazard, will be a senior managing director, focusing on corporate restructuring and financing, New York-based Evercore said today in a statement.
The 42-year-old banker provided advice on restructurings and debt-financing transactions for companies including grocery chain Great Atlantic & Pacific Tea Co., commercial real-estate lender iStar Financial Inc. and Charter Communications Inc. (CHTR), a cable-television operator, the statement shows. Advisory firms are preparing for an increase in restructurings amid concern slowing global growth and Europe’s debt crisis will diminish investor appetite for risky securities and limit options for companies seeking to refinance.
William Repko, co-founder of Evercore’s restructuring group, moved to a senior advisory role at the end of 2011. The group is headed by co-founder David Ying. Evercore’s restructuring group in April hired Steve Wellington as a senior managing director in London from Bank of America Corp., and last year recruited Lloyd Sprung from Miller Buckfire & Co.
Before Lazard, Goldstein worked as an investment banker at Thomas Weisel Partners Group Inc. and its predecessor firm, Montgomery Securities.
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