2021 Vault Rankings
At a Glance
“Phenomenal culture with a phenomenal group of genuinely nice high-quality people that treat one another with respect”
“Strong support from and direct access to partners, MDs, and EDs”
“Growth potential and learning opportunities”
“Waves of long hours”
“Super lean deal teams”
“Minimal formal mentorship (but informal mentorship is there if you proactively seek it out)”
“Top tier, elite”
“Strong boutique with an aura”
“Relevant across different verticals”
About Perella Weinberg Partners
Founded in June 2006, Perella Weinberg Partners provides strategic and financial advisory services as well as energy securities research, underwriting, and trading services. Its advisory business includes mergers and acquisitions, strategic advisory, shareholder and defense advisory, restructuring and liability management, capital raising, and capital markets advisory.
Perella Weinberg Partners’ launch in 2006 was one of the most closely watched debuts in banking history. Today, the firm consists of approximately 560 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 its 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 Peugeot’s €41 billion merger with Fiat Chrysler, Oaktree Capital Management’s sale of a 62 percent stake to Brookfield Asset Management for $8 billion, and AT&T’s $108.7 billion acquisition of Time Warner. It has also advised Royal Caribbean Group on several transactions totaling over $8.5 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; Caisse des Dépôts et Consignation, on its taking control of La Post for €16.9 billion; the Special Committee of the Liberty Broadband Board of Directors on its $12 billion acquisition of GCI Liberty; Energen, on its $9.2 billion combination with Diamondback Energy; and the Special Committee of WeWork’s Board of Directors.
In addition, Perella Weinberg Partners has worked on several high-profile restructuring engagements, including Ligado Networks, Windstream, iHeart Media, Concordia International Corp., Seadrill, Fieldwood Energy, and Breitburn Energy Partners.
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
Employer Type: Private
Founding Partners: Joseph Perella & Peter Weinberg
Chairman: Bob Steel
CEO: Peter Weinberg
2021 Employees (All Locations): 560
London, United Kingdom
Los Angeles, CA
New York, NY
San Francisco, CA