Evercore Establishes Midwest Office; Names Six New Partners

September 6, 2011: New York, NY. ‐‐ Evercore Wealth Management LLC today announced the opening of a regional headquarters in Minneapolis to serve high net worth individuals, families and related institutional clients throughout the Midwest. In a related move, the firm named six new partners.

The new partners join Evercore Wealth Management from the Minneapolis‐based private firm Lowry Hill, a division of . The team reports directly to chief executive officer Jeff Maurer at the Evercore headquarters in New York.

“The expansion of Evercore Wealth Management in the Midwest is a significant step in our development as a leading national firm,” said Mr. Maurer. “We welcome our new colleagues, who have deep experience and share our partnership values. They are committed to delivering to their clients the highest standard of independent advice, investment expertise and personal service.”

Martha Pomerantz, a partner and co‐manager of the new office, said: “We are excited to join Evercore Wealth Management. The firm’s goals‐based approach to managing wealth, its sophisticated investment platform and its independence from the internal conflicts that are inherent at so many big financial institutions will strongly appeal to private clients in the Midwest.”

The six new partners are:

Martha Pomerantz is a portfolio manager and a member of the Evercore Wealth Management Investment Policy Committee. Ms. Pomerantz has 25 years of experience in financial services, including 16 years as an investment principal and co‐chair of the investment committee at Lowry Hill. She was previously a securities analyst at Wertheim Schroder and Co. Inc. in New York and a financial planning and analysis manager at Centel Corp. in Chicago. She is a graduate of the J.L. Kellogg School of Management and of Northwestern University;

Julie Krieger is a co‐manager of the Evercore Wealth Management Minneapolis office and a wealth advisor, responsible for delivering comprehensive multi‐generational wealth management and planning advice to Midwest clients. She has 27 years of experience in working with high net worth individual and family clients throughout the region, including 18 years at Lowry Hill, where she served as a financial principal and the chief financial officer. Earlier in her career, she worked as a senior tax manager at KPMG and as a tax associate at Arthur Anderson. She is a Certified Public Accountant;

Pam Lundell is a wealth advisor, also responsible for delivering comprehensive multi‐generational wealth management and planning advice to Evercore Wealth Management’s clients in the Midwest. She has 22 years of experience providing tax and financial services. Prior to joining Lowry Hill as a financial principal in 1995, she was a tax accountant at the fiduciary trust division of Norwest Bank Minnesota and a tax officer at C&S/Sovran Trust Company. She is a Certified Public Accountant;

Jason Anderson is responsible for information technology for Evercore Wealth Management, as well as for providing operations support to the Minneapolis office. He joins the firm after 18 years at a registered investment advisory firm, where he was the chief technology officer;

Stacie Price is a wealth advisor, part of the team responsible for delivering customized planning and administrative services to clients in the Midwest. She has 20 years of experience in financial services, including 13 years working with individual and family clients at Lowry Hill, where she was additionally responsible for operations and oversight. Ms. Price is a Certified Financial Planner and a Certified Trust Financial Advisor;

Michael Seppelt is a portfolio manager and a member of the Evercore Wealth Management Equity Selection Committee. He joins the firm after 11 years as an investment principal and portfolio manager at Lowry Hill; he previously worked at Wells Fargo Private Asset Management. Mr. Seppelt holds the Chartered Financial Analyst designation and is the Secretary for the Board of the CFA Society of Minnesota.

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 , financial planning, trust and custody services. Evercore Wealth Management is a registered investment advisor, with offices in New York, Minneapolis and San Francisco. The firm, which was founded in November 2008, manages client assets totaling $2.9 billion, as of June 30, 2011. Additionally, Evercore Wealth Management offers personal trust services to its clients though Evercore Trust Company, N.A., a chartered national trust bank with $35.3 billion in assets under administration, as of June 30, 2011. More information about Evercore Wealth Management and its team of advisors can be found at www.evercorewealthmanagement.com.

About Evercore Partners Evercore Partners is a leading independent 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, execution that is free of the conflicts created by proprietary activities; Evercore’s Investment Management business comprises wealth management, institutional asset management and investing. Evercore serves a diverse set of clients around the world from its offices in New York, Boston, Chicago, Houston, Los Angeles, San Francisco, Washington D.C., 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 at www.evercore.com.

Contact

Kensington Private for Evercore Wealth Management Aline Sullivan [email protected] +1 203 918 3389