Daniel Avrutsky Joins Perella Weinberg as Partner
Rhea-AI Summary
Perella Weinberg Partners (Nasdaq: PWP) announced that Daniel Avrutsky has joined the firm as a Partner in its Technology business, based in New York. Mr. Avrutsky will advise software clients with emphasis on human capital management, future of work, and AI.
He joins from Jefferies and holds an MBA from Stanford and a BA in Mathematics and Economics from Duke.
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News Market Reaction
On the day this news was published, PWP declined 4.12%, reflecting a moderate negative market reaction. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $85M from the company's valuation, bringing the market cap to $1.99B at that time.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
PWP was down 0.9% while key peers were mixed: OPY up 5.36%, TIGR down 0.73%, BITF down 0.44%, BTBT down 1.02%, MRX near flat. Momentum scanner only flagged HIVE up 4.88%, suggesting today’s move was stock-specific rather than a broad capital markets rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 28 | Earnings call notice | Neutral | +1.0% | Announcement of date and details for FY/Q4 2025 results call. |
| Jan 23 | Senior hire news | Positive | -0.6% | Healthcare partner hire to expand healthcare services advisory franchise. |
| Nov 07 | Earnings release | Negative | -4.4% | Q3 2025 revenue decline and softer results with detailed financial metrics. |
| Oct 24 | Earnings call notice | Neutral | +3.3% | Set timing and access details for Q3 2025 earnings call and webcast. |
| Sep 23 | Senior hire news | Positive | +0.5% | Partner appointment to strengthen Consumer & Retail business in EMEA. |
Recent partner hires and earnings-date announcements have generally seen modest, mixed price reactions, while full earnings results have drawn stronger moves aligned with the tone of the numbers.
Over the past several months, PWP has combined strategic hiring with regular financial updates. Partner appointments in Healthcare and Consumer & Retail on Sep 23, 2025 and Jan 23, 2026 aimed to deepen sector coverage. Earnings for Q3 2025 on Nov 7, 2025 showed revenue declines but positive income, prompting a -4.4% reaction. Repeated earnings call notices on Oct 24, 2025 and Jan 28, 2026 saw smaller, mixed moves, framing today’s Technology-focused partner hire within a broader build-out of senior talent.
Regulatory & Risk Context
PWP has an effective S-3ASR shelf registration dated 2025-08-01, expiring 2028-08-01, with 0 recorded usages so far. This provides flexibility to issue securities in the future, though no specific capacity or usage amounts are provided in the current context.
Market Pulse Summary
This announcement adds another senior sector specialist to PWP’s advisory platform, this time focused on software, human capital management, and AI. It follows earlier partner hires in Healthcare and Consumer & Retail, indicating a continued build-out of industry coverage. Recent earnings showed revenue pressure but positive income, while an effective S-3ASR shelf from 2025-08-01 offers capital-raising flexibility. Investors may watch how these hires translate into deal activity and future revenue trends.
Key Terms
human capital management financial
ai technical
AI-generated analysis. Not financial advice.
Appointment Further Strengthens Firm’s Software and Technology Capabilities
NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Daniel Avrutsky has joined the Firm as a Partner.
Based in New York, Mr. Avrutsky joins the Firm’s Technology business and will provide strategic and financial advice to clients in the software sector, with a focus on human capital management, the future of work, and AI.
Mr. Avrutsky joins Perella Weinberg from Jefferies where he focused on Software advisory.
"We're excited to welcome Daniel to the Firm," said Andrew Bednar, Chief Executive Officer of Perella Weinberg. "Daniel has established himself as a leading expert in software, particularly at the intersection of workforce technology and AI. His deep expertise and the relationships he's cultivated position him perfectly to serve clients in one of the most critical and rapidly evolving areas of enterprise software. As AI fundamentally reshapes how organizations operate and compete, and as companies reimagine the very nature of work itself, Daniel's insight will be invaluable in helping clients navigate these transformative shifts and capitalize on unprecedented opportunities."
Mr. Avrutsky holds an MBA from Stanford University Graduate School of Business and a BA in Mathematics and Economics from Duke University.
About Perella Weinberg
Perella Weinberg is a leading global independent advisory firm, providing strategic and financial advice to a broad client base, including corporations, financial sponsors, governments, and sovereign wealth funds. The Firm offers a wide range of advisory services to clients in some of the most active industry sectors and global markets. With approximately 700 employees, Perella Weinberg currently maintains offices in New York, London, Houston, Los Angeles, San Francisco, Paris, Chicago, Munich, Palm Beach, Denver, Calgary, and Greenwich.
Contacts
For Perella Weinberg Investor Relations: investors@pwpartners.com
For Perella Weinberg Media: media@pwpartners.com
FAQ
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