Evolution expands into global merchant banking

Evolution Markets Financial Services, a subsidiary of environmental market brokerage Evolution Markets, is set to expand its range of activities across global merchant banking within the environmental, energy and clean energy sectors.

The move adds carbon sourcing and finance, private placements, project finance and other initiatives to Evolution Markets Financial Services, which was established at the end of 2006.

M. Patrick McCloskey has been appointed managing director of the subsidiary. He