Evercore has appointed Jay Chandler as a Senior Managing Director in the firm’s Equity Capital Markets Group based in New York.
Chandler was most recently Head of Capital Markets for Liquidnet, one of the world’s leading equity block trading networks. Prior to Liquidnet, he spent 26 years with Merrill Lynch and Bank of America Merrill Lynch. At Merrill Lynch, Chandler spent over 20 years in its Equity Capital Markets department and served as Head of Global Equity Syndicate during his last 7 years in the group. Thereafter, he managed Merrill Lynch’s and subsequently Bank of America Merrill Lynch’s Americas Research Sales team. Chandler received a BA in Economics from Princeton University.
Ralph Schlosstein, Evercore’s President and Chief Executive Officer, says: “We are very pleased that Jay has joined our Equity Capital Markets team. We believe that, pro forma the ISI acquisition, we are in a unique position to provide independent, unconflicted advice to our clients on equity capital raising, and we expect our strong research and distribution capabilities to contribute materially to the success of our clients’ equity capital markets transactions. Jay’s addition to our ECM team will both broaden and deepen our ability to serve our clients.”
Jim Birle, Head of Equity Capital Markets, says: “Jay brings a great combination of capital market skills and sales management experience to the Evercore Equity Capital Markets team. He will help us better leverage the Evercore ISI equity franchise, enhancing our ability to provide the best advice, execution, and distribution for our clients.”
Chandler says: “I am very excited to join Evercore’s Equity Capital Markets team. With its recent acquisition of ISI, Evercore has combined an elite strategic advisory business with one of the leading independent research franchises on the Street. More than ever, companies need unconflicted advice and real distribution strength when raising equity capital. The combination represents a strong alternative for companies seeking to raise equity capital in today’s marketplace.”
