Evercore Partners is hiring

Boutique investment bank Evercore Partners had a record-setting 2012, setting the firm up to add talent in the coming year while larger rivals cut staff.

The New York-based advisory firm shocked Wall Street by doubling to $195.5 million its investment banking revenue in the fourth quarter of 2012, compared to the previous year’s Q4, and earning advisory fees from 169 clients, up from 127 in the same quarter a year ago. Evercore saw its profit for the year jump 265% from 2011.

Unlike other U.S. investment banks that booked strong end-of-year results, Evercore will invest its newfound cash in employee compensation and fresh talent. The firm plans to hand out larger bonuses and continue to add to its headcount, which rose from 357 in 2011 to 391 at the end of last year, according to Financial News.

“In 2013 we see a number of opportunities to add senior managing directors and we expect to add additional talent during the year,” Ralph Schlosstein, president and chief executive officer of Evercore, said on an analyst call.

Evercore declined to provide additional comment on their hiring plans. The firm doesn’t advertise specific positions on its website, but is accepting applications for interns, analysts, associates and experienced hires within its investment banking division in the U.S. and in Europe.