Debevoise & Plimpton is advising Evercore in the transfer of control of its Mexican private equity business, Evercore Mexico Capital Partners (EMCP), to Glisco Partners, a new entity formed by the EMCP principals. Glisco will assume all responsibility for management of the existing EMCP funds, which currently manage $266m of invested capital.

The Debevoise team is led by partner Kevin M. Schmidt and includes partners Peter A Furci and Jordan C Murray, and associates Michael Sabin, David P Iozzi, Michael Milazzo, Evan W Neu and Bryn M Paslawski.