Established in 1996, Evercore Partners is a leading independent investment banking advisory firm. Evercore's investment banking business provides advisory services to prominent multinational corporations and financial sponsors on significant mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions. In addition, it provides institutional investors with high quality research, sales and trading execution that is free of proprietary conflicts. Evercore also includes an investment management business through which we also manage institutional assets for sophisticated institutional investors, provide wealth management services for high net-worth individuals, provide specialized investment management, independent fiduciary and trustee services to employee benefit plans of large corporations and manage private equity funds. We serve a diverse set of clients and investors around the world from our offices in New York, Los Angeles, San Francisco, Boston, District of Columbia, Houston, London, Mexico City and Monterrey. We also have strategic alliances that operate in Japan, Brazil and China.