(Bloomberg) -- Evercore Partners Inc., the advisory firm founded by former U.S. Deputy Treasury Secretary Roger Altman, said second-quarter profit rose 19% as investment-banking revenue climbed.

Net income excluding certain items climbed to $21.2 million, or 49 cents per share, from $17.8 million, or 43 cents, in the year-earlier period, the New York-based firm said in a statement today. That beat the 48-cent average estimate of five analysts surveyed by Bloomberg.

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