Banker of the weekthe series appears in our week financenewsletter, 10 things on Wall Street.
- This week we feature Naveen Nataraj, Senior Managing Director of Evercore.
Naveen Nataraj is no stranger to success on Wall Street, having been one of Insider’s top rainmakers this year.
He cooked up at least nine major deals in 2021 that amassed nearly $60 billion in enterprise value. This included advising Athenahealth on its $17 billion sale to Bain Capital and Hellman & Friedman in November, and he also worked with Nuance on a nearly $20 billion sale to Microsoft in April this year. last. Nataraj also backed the roughly $8.5 billion merger between cybersecurity firm NortonLifeLock and digital security firm Avast last August.
This year he assisted Vocera Communications in its $3 billion sale to Stryker in January, and in March Nataraj advised healthcare company Intelligent Medical Objects in its sale to investor Thomas H. Lee Partners for approximately $1.6 billion.
Nataraj remains universally regarded not only as a big rainmaker, but he is known for his ability to steer clients — especially adjacent tech companies — through times of stress, according to people familiar with the banker.
What is telling here is that Nataraj, according to his peers, is a key cog in Evercore’s ability to play in the same sandbox as Wall Street’s most banked banks like Goldman Sachs and JPMorgan.
Evercore, a boutique that lacks the balance sheet prowess of its competitors, has finished 7th, 5th and 4th in Dealogic’s M&A rankings for the past three years.
And Nataraj’s client relationships – nurtured over a 20-year career at the bank – and ability to cover a “wide range” of industries are a major factor in Evercore’s success, a person familiar with said with Nataraj.
The Banker of the Week series is featured in Insider’s