People
&Markets
EVERCORE has hired
Larry Sibley as head of
sales for its ISI equities
business. Evercore,
unlike many advisory
boutiques, has a fully-
fledged equities arm.
Sibley joined from
Credit Suisse, where he
spent 18 years, most
recently as head of
New York advisory
sales. He has also
worked in equity sales
at DLJ, before its
purchase by Credit
Suisse, and Sanford
Bernstein. Sibley has
also worked at
Goldman Sachs and
Bankers Trust, before it
was bought by
Deutsche Bank.
BARCLAYS has hired
Adam Abramson from
Deutsche Bank as
head of chemicals
banking for the
Americas, based in
New York. He will start
in August and report to
Rob Jeffries, global
head of chemicals
banking. Notable deals
Abramson has worked
on include the
US$4.6bn sale of
Solutia to Eastman
Chemical Company.
Barclays is active in
chemicals and was
bookrunner on
DowDuPont’s
US$12.7bn senior
notes offering.
0LEASEûCONTACTûUSûIFûYOUûHAVEûINFORMATIONûABOUTûJOBûMOVES [email protected]
M&A advisers should be scrutinised
on post-deal performance
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Thomas Blott, Yanfei Wang
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lRSTûQUARTER
Steve Slater
”The M&A industry seems to
have been using market share
as a measure of reputation,
without ever asking whether
market share is actually related
to performance”