Evercore Strengthens Ranks with Top Goldman Sachs Dealmaker

Evercore has appointed David Kamo, a high-ranking dealmaker from Goldman Sachs, as a senior managing director. This move is part of Evercore's broader strategy to enhance its dealings with private equity firms and alternative asset managers. Evercore's recent hires have significantly improved its ranking in global financial advisory tables.

Evercore has appointed a leading dealmaker from Goldman Sachs, David Kamo, to boost its coverage of private equity firms and alternative asset managers, according to sources familiar with the situation.

Kamo, the former global head of dealmaking for financial sponsors at Goldman, will join Evercore following a gardening leave period. Both firms have declined to comment on the matter.

This strategic hire is part of Evercore's ongoing efforts to capture more business from large corporates and private equity firms amid a slowdown in dealmaking activity. Recent data shows Evercore has climbed from the 12th to the 6th position in global financial advisory rankings for the first half of 2024.

(With inputs from agencies.)