NEW YORK and LONDON, June 15 /PRNewswire/ -- Joseph Perella announced
today the formation of Perella Weinberg Partners, a new financial services
firm that will provide corporate advisory and investment management
services to clients around the world.
Perella Weinberg Partners has raised over US$1billion from eleven
investors, to both seed investment initiatives and to fund the
establishment and operations of the firm. The backers include three
institutions and eight family investor groups. Joseph Perella said, of the
entire investor group: "We are honoured and delighted to have such high
quality founding investors from the Americas, Europe, Japan and the Middle
East."
To date, the firm has eleven partners. In New York, its partners are:
Tarek Abdel-Meguid, Julio Garcia, William Kourakos, Titus Leung, Amr
Nosseir, Ralph Pellecchio, Joseph Perella and Peter Weinberg. The
London-based partners are Bernard Gault, Paulo Pereira and Philip Yates.
Dietrich Becker in London will be joining the partnership on June 20.
Joseph Perella said: "We are successfully building our corporate
advisory business person by person and our team of professionals is second
to none. We anticipate an equally high quality team in investment
management as we round out our group of professionals in that area." Today
Perella Weinberg Partners has over thirty employees at the firm or who have
agreed to join, from a variety of leading institutions.
Three of the partners will serve as the Chief Financial Officer,
General Counsel and Chief Administrative Officer. Mr. Perella said: "We
value highly the guardianship contributions that these individuals will
make, as it is vital to proceed with care and establish the appropriate
controls and management structure, particularly in a new venture such as
ours."
Since closing on the fund-raising in March of this year, Perella
Weinberg Partners has signed leases to occupy space in the General Motors
Building at 767 Fifth Avenue in New York and at 20 Grafton Street in
London.
Speaking from London at a meeting of the founding investors, Joseph
Perella said: "We are pleased to open the doors of our firm for business
and we look forward to serving our clients around the world."
Biographies of all partners available on request
http://www.pwpartners.com
Contact: Powerscourt, (London), +44-207-236-5615, Hullin Metz & Co,
(New York), +1-212-752-1044
SOURCE Perella Weinberg Partners
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Related links:
http://www.pwpartners.com
CONTACT:
Powerscourt, London, +44-207-236-5615, Hullin
Metz & Co, New York, +1-212-752-1044
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