Evercore Partners and VTB Capital have established a strategic cooperation agreement to work together in developing cross-border transactions between Russia and North America.
Through this alliance, Evercore Partners and VTB Capital will leverage their combined expertise, knowledge of global and local markets and deep corporate relationships to provide high quality, objective advice to their clients.
The cooperation will allow VTB Capital and Evercore Partners to develop joint business opportunities for cross border transactions and other projects involving Russian and North American companies, funds, government agencies, individuals and assets.
Alexei Yakovitsky, global chief executive of VTB Capital, says: “This partnership further strengthens VTB Capital’s presence in North America, home of the world’s largest capital markets. Evercore has emerged as a dominant, global, independent financial advisory firm, and our agreement is designed to further explore the growing trade and business links between North America and Russia. This agreement is also an important milestone in extending VTB Capital’s business internationally.”
Ralph Schlosstein (pictured), president and chief executive of Evercore Partners, says: “We are pleased to be working together with VTB Capital, the leading financial advisory firm in Russia and CIS with deep corporate relationships throughout the region. As our clients become increasingly global, it is imperative to be able to serve their needs in important markets throughout the world. This alliance is another step in the globalization of our firm and adds to the strong network of relationships Evercore has formed with leading financial services firms in other markets.”
