Private | |
Industry | Financial Services |
Founded | 2006 |
Founders |
Joseph R. Perella Peter Weinberg |
Headquarters |
General Motors Building New York, New York, United States |
Key people
|
Robert K. Steel (CEO) |
Products | Financial Advisory, Asset Management |
Total assets | $12.6 billion |
Number of employees
|
650 (2016) |
Website | www.pwpartners.com |
Perella Weinberg Partners L.P. is an independent, privately owned, global financial services firm providing corporate advisory and asset management services to clients around the world. Founded in 2006 by Joseph R. Perella, Peter Weinberg, Terry Meguid and several other partners from financial institutions, the firm is a private partnership with approximately 650 employees. It is headquartered in New York City with offices in London, Abu Dhabi, Dubai, Denver, San Francisco, Calgary, and Houston.
Perella Weinberg's Corporate Advisory business advises its clients on mergers and acquisitions, financial restructuring, private placements and other strategic transactions. The Asset Management business comprises outsourced CIO, institutional asset management and private equity investing.
Perella Weinberg Partners was launched on June 15, 2006.
To help establish the firm’s operations and to seed investment initiatives, Perella Weinberg Partners raised over US $1.2 billion from a group of investors, including leading financial institutions and family investor groups from the Americas, Europe, Japan, and the Middle East.
During its first year of operation, Perella Weinberg Partners established an Advisory Council. Its members include Walter Isaacson, President and CEO of the Aspen Institute; Daniel Yergin, Chairman of IHS Cambridge Energy Research Associates; and Ivan Seidenberg, former Chief Executive Officer of Verizon Communications.