TA and Evercore Launch Partnership to Expand Investment Banking and Private Equity Career Opportunities for Traditionally Underrepresented Minority Candidates
BOSTON – TA Associates, a leading global growth private equity firm, and Evercore, a premier global independent investment banking advisory firm, today announced the launch of “TA-CORE,” a partnership to expand investment banking and private equity career opportunities for traditionally underrepresented minority candidates.
TA-CORE seeks to advance the diversity pipeline by providing education, access and career development opportunities to junior Black, Hispanic and Native American professionals interested in investment banking and private equity. Over five years of mentorship, the program provides participants with exposure to marquee transactions, enables them to build subject matter expertise in an entrepreneurial and developmental environment, and offers an early advantage for a private equity career.
Participation in TA-CORE requires that eligible undergraduates be accepted into Evercore’s Summer Analyst Internship Program and, upon completion, be offered a position in Evercore’s post-graduation, two-year Full-Time Analyst Program. Both programs provide highly-motivated individuals with a broad range of experiences in strategic advisory work and mergers and acquisitions. Eligible candidates will be interviewed for TA-CORE as an Evercore Summer Analyst, with one Analyst selected to participate in the program each year upon completion of the two-year Full-Time Analyst Program. The selected individual would join TA’s three-year Associate Program as a member of the firm’s North America Technology Group upon completion of their commitment to Evercore. Building upon the skillset cultivated at Evercore, this individual will be involved in all stages of the investment process as an Associate at TA.
“It is gratifying to launch TA-CORE and to play a part in helping further promote diversity within our industry,” said Jason Werlin, Managing Director at TA and Co-head of TA’s North America Technology Group. “TA’s holistic deal origination, deal execution and portfolio work, in which Associates play a key role, offers talented individuals a wealth of professional development. We look forward to having the program participants help lead due diligence, financial analysis, modeling and a variety of other investment-related activities on behalf of our North America Technology Group.”
“We established our Associate Program almost 40 years ago, and now more than 50% of TA’s senior investment team is comprised of former Associates,” said Brian Conway, Chairman at TA. “We welcome greater participation in the Program by historically underrepresented groups, to get the benefits of a diverse team, as well as to offer the opportunity to help individuals from these groups to further their careers in private equity.”
“Evercore and TA both value a partnership where talented candidates can start highly competitive roles upon undergraduate graduation,” said Naveen Nataraj, Senior Managing Director at Evercore. “This initiative is aligned with Evercore’s commitment to sustaining a strong culture of inclusion that embraces diversity and creates opportunities for all employees. We look forward to the launch of TA-CORE, a long-term initiative that we are confident will be meaningful and productive.”
TA and Evercore are equal opportunity employers committed to diversity and inclusion. The firms are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, Aboriginal/Native American status or any other legally-protected factors.
About TA Associates
TA is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – the firm invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 535 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $33.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $3 billion per year. The firm’s more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. More information about TA can be found at www.ta.com.
Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm with more than 1,800 employees and a presence in 11 countries. Evercore has been ranked by Vault.com as #1 of the 50 Best Investment Banking Internships three consecutive years and ranked #1 for the categories of “Formal Training”.
Evercore is dedicated to helping its clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research, equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com.
Director of Human Resources at TA
Vice President, Diversity, Equity and Inclusion at Evercore