Evercore Strengthens Financial Sponsors Group with Kaan Kesedar Hire

Event summary

  • Kaan Kesedar joins Evercore as Senior Managing Director in the Financial Sponsors Group, based in London.
  • He brings nearly 20 years of investment banking experience, most recently as Managing Director at Citi.
  • Kesedar will partner with Tiarnan O’Rourke and other senior managing directors to serve private equity clients in EMEA.
  • Evercore positions this hire as a strategic focus on the financial sponsors ecosystem.

The big picture

Evercore's hire of Kaan Kesedar underscores the firm's strategic focus on the financial sponsors ecosystem, particularly in the EMEA region. This move comes as private equity activity continues to grow, with firms like Evercore looking to capitalize on increasing deal flow. The addition of Kesedar, with his extensive experience and relationships, positions Evercore to better serve its private equity clients and compete with other major investment banks in the space.

What we're watching

Private Equity Activity
How Kesedar's relationships will impact Evercore's deal flow in the EMEA region.
Competitive Positioning
Whether Evercore can sustain its growth in the financial sponsors space amid increasing competition.
Execution Risk
The pace at which Kesedar integrates into Evercore's existing team and client base.