Evercore has hired a former managing director at Goldman Sachs to lead its restructuring and debt advisory group, the company said on Tuesday.
Roopesh Shah will advise creditors and companies on restructuring and other financings in North America and Europe, according to a statement. Shah will be based in New York.
Before joining the investment advisory, Shaw was most recently a managing director and global head of the restructuring finance advisory group at Goldman Sachs. Prior to joining Goldman in 2006, he was with Miller Buckfire & Co. and Wasserstein Perella & Co.
“Roopesh’s global expertise advising on and arranging financing for a broad array of complex restructuring transactions will further enhance our restructuring business,” Ralph Schlosstein, president and chief executive officer at Evercore, said in the statement.
Roger Altman, founder and senior chairman at Evercore, added that Shah brings “an impeccable reputation for providing creative advice and high-quality execution”.
Shah’s hire comes on the heels of another addition to the firm, Waleed El-Amir, who will work for the advisory’s Middle East and Africa activities as a senior advisor, the company’s first-quarter earnings release states.
Evercore is a global investment banking advisory firm and provides institutional investors with equity research, sales and trading execution. The firm also offers investment management services to high net worth and institutional investors. Founded in 1995, Evercore has 28 offices and affiliate offices in the Americas, Europe and Asia.