Friday, August 11, 2006

Evercore prices IPO; KBW files IPO

Evercore, a boutique New York investment bank run by former U.S Deputy Treasury Robert Altman, went public with a bang this morning. The shares opened up 19% at $25 and reached $26.10 at one point. Evercore's IPO follows the success of other boutique investment bank IPOs (Lazard and Greenhill).

Also today, as had been anticipated, boutique investment bank Keefe, Bruyette & Woods filed to go public. Here is their SEC filing.

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