Evercore reaps benefit from energy push

The advisory firm's expansion pays off after it teams up with Barclays Capital to advise Kinder Morgan on a $37.6bn acquisition

Evercore Partners has reaped the benefits of opening a Houston office, after it teamed up with Barclays Capital on the second largest deal announced this year.

On Sunday, US energy company Kinder Morgan said in a statement it would acquire rival El Paso for $37.6bn to create the largest midstream company and the fourth largest energy company in North America.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire