Evercore Partners has appointed Mark Burton as a senior managing director for the firm’s advisory business. Mr. Burton, who will be based in New York, comes to Evercore from Barclays Capital, where he was most recently vice chairman and a senior member of the Financial Institutions Group.

Ralph Schlosstein, president and CEO of Evercore Partners, said: I have known Mark for almost 30 years and I believe his exceptional reputation, senior-level relationships and deep expertise will significantly enhance Evercore’s franchise. Additionally, Mark’s appointment speaks to Evercore’s continued ability to attract world class talent, furthers our goal of broadening our capabilities in key market sectors and positions the firm for continued growth as the M&A market recovers.

Mr. Burton said: There are a number of important long-term client relationships that I look forward to continuing to focus on at Evercore, while also helping the firm broaden its financial services expertise at this important turning point for the industry.

Evercore Partners offers advisory business counsels to its clients on mergers, acquisitions, divestitures, restructurings and other strategic transactions. Evercore’s Investment Management business comprises wealth management, institutional asset management and private equity investing.