Evercore Partners Appoints Jane Sadowsky as Senior Managing Director

June 22, 2006 8:06 PM ET

New York, NY – June 22, 2006 – Evercore Partners, a leading boutique and investment firm, announced today that Jane Sadowsky has joined Evercore's Corporate Advisory business as a Senior Managing Director. Ms. Sadowsky brings to Evercore extensive experience in the power and utility sector and she will play an integral role in expanding Evercore's industry expertise.

Roger Altman, Chairman and Co-Chief Executive Officer of Evercore, said: "We are excited to add a seasoned banker like Jane to our firm. We continue to build our capabilities in key industrial sectors and Jane provides a needed expertise in the power and utility sector. Jane's talent and experience are an excellent complement to our existing advisory practice."

Ms. Sadowsky joins Evercore from Global Capital Markets, Inc., where she spent over five years as a Managing Director and most recently was Co-Head of Citigroup's North America Power Investment Banking. Prior to joining Citigroup, Ms. Sadowsky was a Senior Vice President in the Utilities Group at Donaldson, Lufkin & Jenrette, where she worked for 11 years. Her experience in the power and utility sector includes advising companies such as AES Corporation, CMS Energy Corp. and Dynegy Inc.

Ms. Sadowsky said, "I am thrilled to join Evercore, a firm well known for providing objective and independent advice to leading companies. I have long admired Evercore's talent and I look forward to working with my new colleagues and contributing to Evercore's continued success."

About Evercore

Evercore Partners is a leading investment banking boutique and investment firm. Evercore's advisory business counsels its corporate clients on mergers, acquisitions, divestitures, restructurings and other strategic corporate transactions. Evercore's business manages funds for sophisticated institutional investors – Evercore Capital Partners and Evercore Ventures seek to make value-oriented private equity investments in middle-market businesses and early-stage investments. Evercore serves a diverse set of clients around the world from its offices in New York, Los Angeles and San Francisco.

Media Contact: Kenny Juarez or Chuck Dohrenwend The Abernathy MacGregor Group, for Evercore Partners 212-371-5999

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