Evercore is expanding its private capital advisory operations in Europe with a dedicated credit secondaries team, according to sources familiar with the matter. The investment bank has hired four professionals for this new unit, including London-based PJT Partners director Kavi Amin. This move signals Evercore's strategic push into private debt secondaries advisory services.

Secondaries Investor understands the hires come as Evercore seeks to capitalize on growing demand for credit secondaries transactions in the European market. The formation of this specialized team represents a significant investment in expertise, with talent drawn from competitors like PJT Partners. Credit secondaries have emerged as a dynamic segment of the private markets.

This expansion positions Evercore to compete more effectively in the European credit secondaries landscape, where deal volume and complexity continue to grow. The bank's decision to create a dedicated unit rather than integrate these services into existing teams suggests confidence in the segment's long-term potential. By building specialized capabilities in credit secondaries, Evercore aims to capture a larger share of advisory fees in this expanding market.