Welcome to our dedicated page for Perella Weinberg Partners news (Ticker: PWP), a resource for investors and traders seeking the latest updates and insights on Perella Weinberg Partners stock.
Perella Weinberg Partners (NASDAQ: PWP) is a global independent advisory firm in the investment banking and securities dealing industry. Its news flow centers on strategic and financial advisory activity, quarterly earnings, platform expansion, and senior talent moves that shape the firm’s capabilities across sectors and regions.
Company announcements highlight quarterly and half-year financial results, where Perella Weinberg reports revenues, compensation and non-compensation expenses, adjusted and GAAP pre-tax income, and effective tax rates. These releases often discuss drivers such as mergers and acquisitions activity, restructuring and liability management work, and financing and capital solutions mandates, as well as capital management actions including share repurchases, partnership unit exchanges, and dividends on Class A common stock.
Another recurring theme in PWP news is talent investment and leadership. The firm regularly announces the addition of new Partners and Advisory Partners in areas like healthcare services and technology, consumer and retail, software and European technology, and European corporate advisory. It also reports internal promotions of Managing Directors to Partner across healthcare, energy, technology, financial services, and industrials coverage, underscoring its sector-focused advisory model. Board-level developments, such as the appointment of new independent directors and committee assignments, are disclosed through both press releases and Form 8-K filings.
Perella Weinberg’s news also covers strategic platform initiatives, including the acquisition of Devon Park Advisors to form a Private Funds Advisory business focused on GP-led secondaries, GP advisory, and fund secondaries for financial sponsors and other alternative asset managers. For investors and market followers, the PWP news stream provides insight into advisory activity trends, sector coverage priorities, governance developments, and the firm’s approach to capital allocation. Bookmarking this page allows readers to monitor how these factors evolve over time.
Perella Weinberg Partners (Nasdaq: PWP) announced the promotion of four individuals to Partner effective January 1, 2022. The newly promoted Partners are Jérôme Brassart (London), Nikhil Menon (New York), Mauro Rossi (New York), and Lisa Saski (New York). CEO Peter Weinberg highlighted their contributions and commitment to the firm. Brassart specializes in infrastructure, Menon in growth capital and M&A, Rossi in financial services, and Saski oversees business operations. PWP, a global advisory firm, offers strategic and financial advice across various sectors with approximately 600 employees worldwide.
Perella Weinberg Partners (PWP) has announced the pricing of a public offering of 3,502,033 shares of Class A common stock at $10.75 per share. The offering is expected to close on January 21, 2022, subject to standard conditions. The proceeds will be utilized to purchase outstanding Class A partnership units and Class B common stock from non-employee holders; thus, PWP will not retain any of the proceeds. JMP Securities LLC is the underwriter for this offering.
Perella Weinberg Partners (PWP) announced a public offering of 3,502,033 shares of Class A common stock. The proceeds will be utilized to purchase outstanding Class A partnership units and Class B common stock from non-employee holders, with PWP not retaining any funds from the offering. JMP Securities LLC is the underwriter for the offering. A registration statement has been filed with the SEC but is not yet effective.
Perella Weinberg Partners (PWP) announced that its Chairman and CEO, Peter Weinberg, will present at the Goldman Sachs 2021 US Financial Services Conference on December 7, 2021, at 1:40 PM ET. The event will be accessible through a live webcast on PWP's Investor Relations website, with a replay available afterward. PWP is a global independent advisory firm offering strategic and financial advice across various sectors and markets, employing approximately 600 people across multiple international offices.
Perella Weinberg Partners (PWP) reported a record revenue of $177.4 million for Q3 2021, a 44% increase from Q3 2020, and $602.7 million for the nine months ended September 30, 2021, reflecting an 83% growth year-over-year. While adjusted net income for Q3 2021 soared to $28.9 million, a stark contrast to the $9.5 million GAAP net loss, the firm faced a 5.8% GAAP operating margin. PWP has no debt and declared a $0.07 quarterly dividend per share. The firm continues to expand its advisory services, particularly in the M&A sector.
Perella Weinberg Partners (PWP) has announced its financial results release for Q3 2021, scheduled for November 4, 2021, before market opening. The firm will host a conference call at 9:00 AM ET on the same day to discuss these results, accessible via their website and by phone. PWP serves a diverse client base, providing strategic financial advice with an expansive global presence, including offices in major cities like New York, London, and San Francisco.
Perella Weinberg Partners (PWP) reported record revenues of $255.5 million for Q2 2021, a 123% increase year-over-year, with first-half revenues reaching $425.3 million, up 105% from 2020. The firm achieved a GAAP net income of $9.0 million for Q2 and $31.5 million for the first half. Operating margins improved, with a GAAP operating income margin of 19.4% for Q2. PWP upgraded to the NASDAQ Global Select Market and declared a quarterly dividend of $0.07 per share. The firm also repurchased 1 million shares at $12 each and has a strong balance sheet without outstanding debt.