Mr. Altman began his investment banking career at Lehman Brothers and became a general partner of that firm in 1974. Beginning in 1977, he served as Assistant Secretary of the U.S. Treasury for four years. He then returned to Lehman Brothers, later becoming co-head of overall investment banking, a member of the firm’s Management Committee and its Board. He remained in those positions until the firm was sold to Shearson/American Express.
In 1987, Mr. Altman joined The Blackstone Group as Vice Chairman, head of the Firm’s merger and acquisition advisory business and a member of its Investment Committee. Mr. Altman also had primary responsibility for Blackstone’s international business.
Beginning in January 1993, Mr. Altman returned to Washington to serve as Deputy Secretary of the U.S. Treasury for two years. In 1996, he formed Evercore Partners which has become the most active investment banking boutique in the world. To date, the Firm has handled over $700 billion of merger, acquisition, recapitalization and restructuring transactions. In its other role, Evercore also manages approximately $2.7 billion of private equity, venture capital, and public securities.
Mr. Altman is a Trustee of New York-Presbyterian Hospital, serving on its Investment Committee, and also is Vice Chairman of The Board of The American Museum of Natural History. He also is a Trustee of New Visions for Public Schools and is a member of The Council on Foreign Relations. He received an A.B. from Georgetown University and an M.B.A. from the University of Chicago. « less