Evercore Adds Dennis Cornell as Senior Managing Director in Private Capital Markets

Evercore has strengthened its Private Capital Markets Group with the appointment of Dennis Cornell as senior managing director, according to an announcement on June 22, 2026. Cornell joins the firm with extensive experience in credit markets, sponsor-backed transactions, and customized financing solutions—areas increasingly central to alternative asset management and institutional capital deployment.

The hire reflects Evercore's strategic emphasis on private capital markets advisory at a critical inflection point for the alternative asset industry. The firm hosted its third annual Private Markets Forum in May 2026, bringing together senior executives from approximately 20 leading alternative asset managers, including Blackstone, KKR, Carlyle Group, Apollo Global Management, Ares Management, Blue Owl Capital, Brookfield Asset Management, and others. This convening underscores Evercore's positioning as a primary research and advisory partner to the institutional private markets ecosystem.

According to Marc Harris, Evercore's director of global macro and fundamental research, the firm identified pivotal structural shifts in capital formation. "At a time when private markets are at the center of some of the most active debates in investing, this forum provides a timely and important setting for both investors and companies to engage directly on the issues that matter," Harris stated. Glenn Schorr, senior research analyst at Evercore, reinforced this thesis: "We are at a pivotal moment for asset management. As capital formation increasingly shifts toward private markets, the industry is evolving in ways we have not seen before."

Cornell's addition to the team comes as Evercore continues to build out advisory depth across credit markets and bespoke financing—areas where sponsor-backed transactions and complex capital structures require specialized expertise. The appointment positions the firm to serve institutional investors, family offices, and alternative asset managers navigating an increasingly complex private capital landscape.