Curated News
By: NewsRamp Editorial Staff
June 04, 2025
Mike Addeo Joins Evercore to Strengthen Private Credit Advisory
TLDR
- Evercore strengthens its Private Capital Advisory group with Mike Addeo, offering clients unparalleled expertise in private credit secondaries and complex transactions.
- Mike Addeo joins Evercore as a senior managing director, bringing 15 years of credit investing experience and a CFA charter to enhance the PCA group's capabilities.
- Evercore's addition of Mike Addeo aims to better serve clients in the private credit market, fostering growth and stability in the financial sector.
- Discover how Mike Addeo's move to Evercore signals a strategic push into private credit secondaries, a market ripe with opportunity and innovation.
Impact - Why it Matters
This news is significant for investors and companies navigating the private credit market, as Addeo's expertise in complex transactions and restructuring will enhance Evercore's ability to provide innovative solutions. The growing demand for flexible liquidity solutions in private credit underscores the importance of seasoned professionals like Addeo in guiding clients through the sophisticated secondary market.
Summary
Evercore, a premier global independent investment banking advisory firm, has announced the addition of Mike Addeo as a senior managing director in its Private Capital Advisory (PCA) group. Based in New York, Addeo brings 15 years of credit investing experience, most recently from Blackstone Credit & Insurance, where he led restructuring and liability management efforts. His expertise is expected to bolster Evercore's capabilities in private credit secondaries, a market with significant growth opportunities. Nigel Dawn, global head of Evercore’s PCA group, highlighted Addeo's deep experience in private credit and complex transactions as key to strengthening the firm's advisory services. Addeo expressed enthusiasm about joining Evercore's PCA team, known for its leadership in private capital advisory, and looks forward to navigating the sophisticated secondary market, especially in private credit where demand for flexible liquidity solutions is on the rise.
Addeo's career spans roles in equity research at Wolfe Research and private wealth management at Deutsche Bank, alongside his recent tenure at Blackstone. A graduate of Georgetown University’s McDonough School of Business and a CFA charterholder, Addeo's appointment underscores Evercore's commitment to enhancing its advisory services in the evolving private credit market. For more details, visit www.evercore.com.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Mike Addeo Joins Evercore to Strengthen Private Credit Advisory
