What Makes Evercore (EVR) a Good Investment?

Core Insights - TimesSquare Capital Management's "U.S. Mid Cap Growth Strategy" reported a gross return of 13.13% and a net return of 12.91% for Q2 2025, underperforming the Russell Midcap® Growth Index which returned 18.20% [1] - The fund's performance was influenced by double-digit returns in equities due to improved global economic activity [1] Company Overview: Evercore Inc. (NYSE:EVR) - Evercore Inc. is an independent investment banking and research provider based in New York [3] - The stock of Evercore Inc. experienced a one-month return of 7.23% and a 52-week gain of 35.71%, closing at $340.64 per share with a market capitalization of $13.216 billion on September 29, 2025 [2] - Adjusted net revenues for Evercore in Q2 2025 were reported at $839 million, marking a 21% increase from Q2 2024 [4] Investment Thesis - TimesSquare Capital began acquiring shares in Evercore due to a recovery in M&A activity, which is expected to positively impact the company's performance [3] - Evercore's advisory business is noted for being less dependent on performance fees, providing better visibility for future earnings [3] - Despite the potential of Evercore, some analysts suggest that certain AI stocks may offer greater upside potential with less downside risk [4]