Evercore Partners Launches Equity Research Group

New York, July 26, 2010 – Evercore Partners Inc. (NYSE: EVR) today announced the
launch of its equity research group and its plans to initiate coverage of companies in the
Telecommunication, Media and Technology, and Financial Institutions industries during
the third quarter. The research group initially is comprised of ten seasoned analysts with
deep expertise in the sectors they cover and a balanced perspective developed by working
in sell-side research, buy-side firms and in the industries they cover. This experience,
together with an ability to provide access to company management, provides the
foundation to deliver valuable insights and actionable investment ideas to Evercore’s
clients.

The research group will initially cover the following sectors:

Prior Research
Sectors Analyst Analyst Experience Target Launch Date

Financial Institutions
FinTech / IT Services David Togut Morgan Stanley October
Large-Cap Banks Andrew Marquardt Fox-Pitt Kelton / September
Macquarie
Regional Banks John Pancari Fox-Pitt Kelton / September
Macquarie
Specialty Finance Brad Ball Citigroup, Ladenburg September
Thalmann,

TMT
Cable & Satellite Bryan Kraft Banc of America, August
Cross Research
Consumer Internet Kenneth Sena Credit Suisse September
Media & Entertainment Alan Gould Soleil Securities August
Networking Equipment Alkesh Shah Morgan Stanley June
Publishing Douglas Arthur Morgan Stanley July
Telecom Jonathan Schildkraut Jefferies September

Evercore plans to expand coverage strategically, but opportunistically, to include

insurance, capital markets, REITS, software, hardware and semiconductors.

“We are excited to announce the core of our equity research team. These senior hires
round out our initial hiring plan and put us in a position to deliver the high quality,
objective research content we have committed to our institutional clients,” said Charles
Myers, Head of Evercore Institutional Equities. “We are now singularly focused on
broadening our client relationships and generating investment ideas and insights for these
clients.”

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“We have assembled an exceptionally high quality team of research analysts that share
Evercore’s commitment to deliver independent investment ideas to clients and to provide
research coverage of important companies in these two critical sectors. While we expect
an initial investment period in the early stages of this business, we anticipate this business
will be a meaningful contributor to Evercore’s earnings over time,” said Ralph
Schlosstein, Evercore’s President and Chief Executive Officer.

About Evercore Partners

Evercore Partners is a leading independent investment banking 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, sales and
trading execution that is free of proprietary conflicts. Evercore's Investment Management
business comprises wealth management, institutional asset management and private
equity investing. Evercore serves a diverse set of clients around the world from its
offices in New York, Boston, Houston, Los Angeles, San Francisco, Washington D.C.,
London, Mexico City and Monterrey, Mexico. More information about Evercore can be
found on the Company's Web site at www.evercore.com.

Investor Contact: Bob Walsh

Chief Financial Officer, Evercore Partners
212-857-3100

Media Contact: Kenny Juarez or Dana Gorman

The Abernathy MacGregor Group, for Evercore Partners
212-371-5999

Institutional Equities Sales Desk: 212-497-0810