2023 Vault Rankings
At a Glance
“Great culture and smart, successful coworkers”
“Wonderful mentors—senior bankers care about the development and progression of junior staff”
“Competitive compensation and reasonable work/life balance”
“Hours can be rough at times”
“Communication throughout the firm”
“Being a public company”
About Perella Weinberg Partners
Founded in June 2006, Perella Weinberg Partners advises clients on mergers and acquisitions, growth capital and capital markets, restructuring and liability management, shareholder engagement, and on other strategic and financial transactions.
Perella Weinberg Partners’ launch in 2006 was one of the most closely watched debuts in banking history, and in 2021, the firm went public via a merger with FinTech Acquisition Corporation IV, a Nasdaq-listed SPAC sponsored by Cohen & Company. Today, the firm has approximately600 employees, who work out of the New York headquarters, as well as offices in Calgary, Chicago, Denver, Houston, London, Los Angeles, Munich, Paris, and San Francisco. Founding partner Joseph Perella made his name as a pioneer dealmaker at First Boston in the 1980s, then left to create Wasserstein, Perella & Co. with Bruce Wasserstein (the former chairman and CEO of Lazard). Perella’s last gig before founding Perella Weinberg Partners was as vice chairman of Morgan Stanley, where he became close with some of America’s top M&A talent. A shareholder revolt at Morgan Stanley-the ruckus that led to the 2005 resignation of chairman Philip Purcell-prompted Perella to leave the firm, sparking rumors that he would open his own boutique. Indeed he did, along with Terry Meguid, Morgan Stanley’s then-head of worldwide investment banking, and Peter Weinberg. Prior to his partnership with Perella, Weinberg was CEO of Goldman Sachs International, serving on the firm’s Management Committee and leading the European Management Committee. During his tenure at Goldman, Weinberg also founded the Financial Sponsors Group, led Investment Banking Services, ran the Communications, Media and Telecom Group, and co-headed the Global Investment Banking Division.
Perella Weinberg Partners has advised on transactions valued at more than $1 trillion since its inception, including transformational engagements such as Vonovia's €29 billion business combination with Deutsche Wohnen, Discovery’s $22.2 billion business combination with AT&T’s WarnerMedia, and Peugeot’s €41 billion merger with Fiat Chrysler. PWP has also advised Royal Dutch Shell, on the $9.5 billion sale of Shell's Permian business to ConocoPhillips; Baxter, on its $12.4 billion acquisition of Hillrom; HELLA, on its €6.8 billion business combination with Faurecia; Lufthansa, on a €2.1 billion capital increase; Royal Caribbean Group, on several transactions totaling over $11.3 billion, including multiple capital raises and the company’s acquisition of its remaining stake in Silversea Cruises; PayPal, on its $4 billion acquisition of Honey; Altria, the largest shareholder of SABMiller, in connection with SABMiller’s sale to AB InBev for more than $100 billion; Kraft Heinz, on its $3.35 billion sale of Planters to Hormel Foods; KKR, on its $5.3 billion acquisition of Cloudera, and on its $4.3 billion acquisition of a majority stake in Coty Inc.’s Professional Beauty and Retail Hair businesses and $1.0 billion investment in Coty Inc. in the form of convertible preferred shares; and the Special Committee of WeWork’s Board of Directors.
In addition, Perella Weinberg Partners has worked on several high-profile restructuring engagements, including Garrett Motion, HighPoint Resources, Windstream, iHeart Media, Seadrill, Legacy Reserves, and Sears.
In 2016, Perella Weinberg Partners joined forces with Tudor Pickering Holt & Co, a leading energy investment bank, adding an energy M&A advisory franchise along with an energy securities research, underwriting, and trading services business to PWP. Prior to the combination, Tudor Pickering Holt & Co. had advised on more than $175 billion worth of energy services advisory assignments and more than $75 billion worth of capital markets transactions.
767 Fifth Avenue
New York, NY 10153
Phone: (212) 287-3200
Stock Symbol: PWP
Stock Exchange: NASDAQ
Founding Partners: Joseph Perella & Peter Weinberg
CEO: Peter Weinberg
Co-Presidents: Dietrich Becker & Andrew Bednar
2021 Employees (All Locations): 580
New York, NY
London, United Kingdom
Los Angeles, CA
San Francisco, CA