Roger C Altman Early Career and Wall Street Background
Roger C Altman graduated from Yale University and later earned an MBA from Harvard Business School. He began his career at Lehman Brothers, where he rose to become a senior partner and head of investment banking before the firm's collapse in 2008. His early work focused on mergers and acquisitions advisory, corporate finance, and complex restructurings for large industrial and financial clients read more.
Altman later served as deputy secretary of the U.S. Treasury under President Bill Clinton from 1993 to 1994, where he played a central role in the federal rescue of Long-Term Capital Management and in shaping financial regulatory policy during the 1990s. His government tenure gave him direct exposure to systemic risk management, capital markets oversight, and the intersection of Wall Street and Washington, which later informed his advisory and restructuring work.
Founding Evercore Partners and Major Deal Activity
Establishment of Evercore
In 1995, Roger C Altman co-founded Evercore Partners, an independent investment banking firm that later rebranded as Evercore, with a focus on mergers and acquisitions advisory, restructurings, and capital raising. The firm grew into a global independent advisory platform with offices across North America, Europe, and Asia, competing directly with larger bulge-bracket banks while maintaining a founder-led, client-focused structure read more.
Under Altman's leadership as chairman, Evercore advised on high-profile transactions across technology, healthcare, consumer, and industrial sectors, including mergers, leveraged buyouts, and public-to-private deals. The firm has consistently ranked among the top independent advisory boutiques in global M&A league tables, handling billions of dollars in transaction value and representing both public companies and large private equity sponsors.
Roger C Altman Net Worth, Reputation, and Current Role
Estimated Wealth and Public Profile
Roger C Altman's net worth is estimated in the hundreds of millions, based on his equity stake in Evercore, advisory fees, and prior Wall Street compensation. He maintains a low public profile compared to celebrity financiers but remains influential in elite financial circles, with his deal history and government service frequently cited in profiles of top independent investment bankers.
Altman continues to serve as chairman of Evercore and remains active in high-level advisory and restructuring assignments. He is also known for his involvement in philanthropic and policy organizations, including the Council on Foreign Relations, and for commentary on financial regulation, capital markets structure, and the evolving role of independent advisory firms in a consolidating banking industry read more.
Current Industry Standing
Roger C Altman is widely regarded as one of the most experienced independent investment banking founders in the United States, with a career spanning over four decades at the intersection of Wall Street, Washington, and global corporate finance. His work on complex restructurings and landmark M&A transactions has shaped deal-making practices in sectors ranging from financial services to industrials and technology.