Perella Weinberg Partners

Perella Weinberg Partners operates as an advisory firm, which engages in the provision of strategic and financial advisory services. It serves the large public multinational corporations, mid-sized public and private companies, individual entrepreneurs, private and institutional investors, creditor committees, and government institutions. The company was founded in June 2006 and is headquartered in New York, NY.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Perella Weinberg Partners reports resilient Q4 performance and growth strategy

Perella Weinberg Partners demonstrated resilience in financial performance despite market challenges, with a focus on sustainable growth and enhancing shareholder value.
The firm's strategic emphasis on key sectors and commitment to ESG advisory positions it well to capitalize on growth opportunities and navigate market uncertainties.
Challenges in the operating environment require adaptive strategies, but the firm's strong market presence and revenue surprise in Q4 indicate a promising outlook for future performance.

Perella Weinberg Partners reports Q1 revenue decline, focuses on talent

Perella Weinberg Partners (PWP) navigated a challenging Q1 2023 marked by revenue decline and market pressures. Despite this, the company maintained a focus on organic growth, talent investment, and strong cash flow. Challenges in the Capital Markets Advisory business were offset by opportunities in recruiting and strategic scaling.

Perella Weinberg Partners reports robust Q2 earnings amidst CFO transition

Perella Weinberg Partners (PWP) delivered strong financial results in Q2 2023, driven by revenue growth in the traditional M&A business and effective expense management.
Despite the upcoming CFO transition, PWP remains well-positioned with a solid financial foundation, shareholder-friendly practices, and a focus on talent growth and market opportunities.
To navigate challenges and leverage opportunities, PWP must maintain financial discipline, adapt to market dynamics, and capitalize on talent investments for sustained success and growth.

Perella Weinberg Partners reports Q3 revenues, optimistic for future growth

Perella Weinberg Partners (PWP) navigated challenges in Q3 2023 with strategic investments and increased activity in the restructuring business. Despite a decline in capital raising revenue, positive contributions from key sectors and a focus on returning capital to investors bode well for future growth.

Perella Weinberg Partners (PWP) reports strong Q4 earnings and growth prospects

Perella Weinberg Partners (PWP) delivered a robust financial performance in Q4 2023, driven by revenue growth, strong backlog, and expansion of its team. While the company faces challenges in various areas, addressing these can unlock opportunities for sustained success and shareholder value creation.

Perella Weinberg Partners reports robust Q1 performance and growth prospects

PWP's Q1 performance reflects strong revenue generation and a promising transaction pipeline.
The firm's strategic strengths in deal execution and financial management position it well for growth.
Challenges in revenue dynamics and talent acquisition require focused attention for sustained success.

Perella Weinberg Partners reports record revenues, poised for sustained growth

Perella Weinberg Partners (PWP) delivered outstanding financial performance in Q3 2024, reflecting strong revenue growth and operational efficiency.
The firm's strategic focus on key sectors, cost management, and client-centric approach underpin its current success and future prospects.
While challenges like industry competition and regulatory complexities exist, PWP's proactive stance and growth initiatives position it well for continued success.

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A very stimulating quarter from PWP. Revenue guidance of serious drops has not yet materialised. We are seeing that Europe, mostly out of desperation, has been the more resilient market, not the US.

Perella Weinberg Engages Full Throttle On Share Buybacks

NEW YORK, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Company” or “PWP”) (NASDAQ: PWP), a leading global independent advisory firm, today announced the completion of its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding warrants, consisting of (i) the warrants sold as part of the units in FinTech Acquisition Corp. IV's (“FTIV”) initial public offering of FTIV's securities on September 29, 2020 (“IPO”) (whether they were purchased in the IPO or thereafter in the open market) (the “Public Warrants”) and (ii) the warrants sold as part of the units in a private placement that occurred simultaneously with the IPO (the “Private Placement Warrants” and, together with the Public Warrants, the “Warrants”), each whole Warrant exercisable for one share of Class A common stock, $0.0001 par value per share (“Class A Common Stock”), of the Company, at an exercise price of $11.50 per share. Holders of the Warrants that were validly tendered and not validly withdrawn prior to the expiration of the Offer and Consent Solicitation received 0.20 shares of Class A Common Stock in exchange for each Warrant tendered by the holder and exchanged pursuant to the Offer. The Company issued 1,493,688 shares of Class A Common Stock in exchange for the Warrants tendered in the Offer. The Company also entered into the related amendment to the warrant agreement governing the Warrants (the “Warrant Amendment”).

Perella Weinberg Partners Announces Completion of Exchange Offer and Consent Solicitation and Notice to Exercise Right to Exchange Remaining Outstanding Warrants

NEW YORK, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Company” or “PWP”) (NASDAQ: PWP), a leading global independent advisory firm, today announced the expiration and results of its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding warrants, consisting of (i) the warrants sold as part of the units in FinTech Acquisition Corp. IV's (“FTIV”) initial public offering of FTIV's securities on September 29, 2020 (“IPO”) (whether they were purchased in the IPO or thereafter in the open market) (the “Public Warrants”) and (ii) the warrants sold as part of the units in a private placement that occurred simultaneously with the IPO (the “Private Placement Warrants” and, together with the Public Warrants, the “Warrants”), each whole Warrant exercisable for one share of Class A common stock, $0.0001 par value per share (“Class A Common Stock”), of the Company, at an exercise price of $11.50 per share. The Offer and Consent Solicitation expired one minute after 11:59 p.m., Eastern Standard Time, on August 18, 2022.

Perella Weinberg Partners Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to its Warrants

NEW YORK, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Company” or “PWP”) (NASDAQ: PWP), a leading global independent advisory firm, today announced that the registration statement on Form S-4 (the “Registration Statement”) filed by the Company with the U.S. Securities and Exchange Commission (“SEC”) registering Class A common stock, par value $0.0001 per share (“Class A Common Stock”), of the Company issuable as part of the Company's previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding Public Warrants and Private Placement Warrants (each as defined below, and collectively, the "Warrants"), has been declared effective by the SEC. As a result, the Company does not expect or intend to extend the expiration date of the Offer, which is set to expire at one minute after 11:59 p.m., Eastern Standard Time, on August 18, 2022, or such later time and date to which the Company may extend (the “Expiration Date”). The Company advises holders of Warrants who intend and are eligible to participate in the Offer to tender their Warrants as soon as possible, in the manner described in the Prospectus/Offer to Exchange, dated August 15, 2022 (the “Prospectus/Offer to Exchange”) and related offering materials previously distributed to each holder.

Perella Weinberg Partners Announces Effectiveness of Registration Statement for Its Exchange Offer and Consent Solicitation Relating to Its Warrants

Perella Weinberg Partners (NASDAQ:PWP ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Taylor Reinhardt - Head of Investor Relations Peter Weinberg - Chief Executive Officer Gary Barancik - Chief Financial Officer Conference Call Participants Devin Ryan - JMP Securities Richard Ramsden - Goldman Sachs Steven Chubak - Wolfe Research Michael Brown - KBW Operator Good morning, and welcome to the Perella Weinberg Partners Second Quarter 2022 Earnings Conference Call. [Operator Instructions] I will now turn the call over to Taylor Reinhardt, Head of Investor Relations.

Perella Weinberg Partners (PWP) CEO Peter Weinberg on Q2 2022 Results - Earnings Call Transcript

NEW YORK, July 22, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Company” or “PWP”) (NASDAQ: PWP), a leading global independent advisory firm, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding Public Warrants and Private Placement Warrants (each as defined below, and collectively, the "Warrants"), each whole Warrant exercisable for one share of Class A common stock, par value $0.0001 per share (“Class A Common Stock”), of the Company, at an exercise price of $11.50 per share. The purpose of the Offer and Consent Solicitation is to simplify the Company's capital structure and reduce the potential dilutive impact of the Warrants.

Perella Weinberg Partners Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

NEW YORK, July 21, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (“PWP”) (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the second quarter 2022 on Thursday, August 4, 2022, before the market opens.

Perella Weinberg Partners to Announce Second Quarter 2022 Financial Results and to Host Conference Call on August 4, 2022

The appointment establishes PWP's Power & Utilities practice and expands Energy Transition effort The appointment establishes PWP's Power & Utilities practice and expands Energy Transition effort

R.A. McDonough Joins Perella Weinberg Partners as Partner

PARIS, May 24, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Stéphane Richard will be joining the Firm as a Partner, effective June 1, 2022.

Stéphane Richard Joins Perella Weinberg Partners as Partner

Perella Weinberg Partners (NASDAQ:PWP ) Q1 2022 Results Conference Call May 5, 2022 9:00 AM ET Company Participants Taylor Reinhardt - Head of Investor Relations Peter Weinberg - Chief Executive Officer Gary Barancik - Chief Financial Officer Conference Call Participants Devin Ryan - JMP Securities Richard Ramsden - Goldman Sachs Steven Chubak - Wolfe Research Michael Brown - KBW Brian Fitzgerald - JPMorgan Operator Good morning, and welcome to the Perella Weinberg Partners First Quarter 2022 Earnings Conference Call. During today's discussion, all callers will be placed on listen-only mode.

Perella Weinberg Partners (PWP) CEO Peter Weinberg on Q1 2022 Results - Earnings Call Transcript

NEW YORK, May 05, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Firm” or “PWP”) (NASDAQ:PWP) today reported financial results for the first quarter ended March 31, 2022. The Firm reported first quarter revenues of $151.9 million for the three months ended March 31, 2022, compared with $169.8 million for the three months ended March 31, 2021. GAAP net income and adjusted net income were $1.1 million and $20.5 million, respectively, for the three months ended March 31, 2022, compared with GAAP net income of $22.5 million and adjusted net income of $31.5 million for the three months ended March 31, 2021. GAAP diluted net income per Class A share and adjusted diluted if-converted net income per Class A share were $0.00 and $0.19, respectively, for the three months ended March 31, 2022.

Perella Weinberg Partners Reports First Quarter 2022 Results

NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (“PWP”) (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the first quarter 2022 on Thursday, May 5, 2022, before the market opens.

Perella Weinberg Partners to Announce First Quarter 2022 Financial Results and to Host Conference Call on May 5, 2022

Perella Weinberg Partners (PWP) CEO Peter Weinberg on Q4 2021 Results - Earnings Call Transcript

NEW YORK, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Firm” or “PWP”) (NASDAQ:PWP) today reported financial results for the full year and fourth quarter ended December 31, 2021. The firm reported record revenues of $801.7 million for the year ended December 31, 2021, compared with $519.0 million for the year ended 2020. GAAP net income and adjusted net income were $4.0 million and $160.5 million for the year ended December 31, 2021, respectively, compared with GAAP net loss and adjusted net income of $(24.3) million and $34.6 million for the year ended December 31, 2020. GAAP diluted earnings (loss) per Class A share was $(0.66) for the year ended December 31, 2021. All net income prior to the closing of the business combination with FinTech Acquisition Corp. IV on June 24, 2021 (the “Business Combination”) is allocated to GAAP net income attributable to non-controlling interests and excluded from the earnings per share calculation. Adjusted net income per share has not been presented for the year ended December 31, 2021 as it is not meaningful or comparative to GAAP diluted earnings per share, as it excludes activity prior to the Business Combination on June 24, 2021.

Perella Weinberg Partners Reports Full Year and Fourth Quarter 2021 Results; Announces Share Repurchase Authorization

NEW YORK, Feb. 14, 2022 /PRNewswire/ -- Levi & Korsinsky announces it has commenced an investigation of Perella Weinberg Partners (NASDAQ: PWP) concerning possible breaches of fiduciary duty. To obtain additional information, go to: https://www.zlk.com/compensation2/perella-weinberg-partners-information-request-form or contact Joseph E.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Perella Weinberg Partners (PWP)

NEW YORK, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (“PWP”) (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the full year and fourth quarter 2021 on Thursday, February 17, 2022, before the market opens.

Perella Weinberg Partners to Announce Full Year and Fourth Quarter 2021 Financial Results and to Host Conference Call on February 17, 2022

The appointments strengthen PWP's Industrials and FinTech Advisory practices The appointments strengthen PWP's Industrials and FinTech Advisory practices

Stephen Henry and Timm Schipporeit Join Perella Weinberg Partners as Partners

NEW YORK, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Company” or “PWP”) (Nasdaq: PWP), a leading global independent advisory firm, today announced the pricing of its public offering of 3,502,033 shares of Class A common stock at a public offering price of $10.75 per share (the “Offering”). The Offering is expected to close on January 21, 2022, subject to customary closing conditions. The proceeds from the Offering will be used by the Company to purchase from certain non-employee holders (i) outstanding PWP Holdings LP Class A partnership units and (ii) outstanding shares of the Company's Class B common stock. PWP will not retain any proceeds from the Offering.

Perella Weinberg Partners Prices Public Offering of Class A Common Stock

NEW YORK, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (“PWP”) (NASDAQ:PWP), a leading global independent advisory firm, today announced that Peter Weinberg, Chairman and Chief Executive Officer, will present at the Goldman Sachs 2021 US Financial Services Conference on Tuesday, December 7, 2021 at 1:40PM ET.

Perella Weinberg Partners to Present at the Goldman Sachs 2021 US Financial Services Conference

Perella Weinberg Partners (PWP) CEO Peter Weinberg on Q3 2021 Results - Earnings Call Transcript

NEW YORK, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Firm” or “PWP”) (NASDAQ:PWP) today reported financial results for the third quarter ended September 30, 2021. The Firm reported third quarter revenues of $177.4 million for the three months ended September 30, 2021, a third quarter record for the firm, compared with $122.8 million for the three months ended September 30, 2020. GAAP net loss and adjusted net income were ($9.5) million and $28.9 million, respectively, for the three months ended September 30, 2021, compared with GAAP net loss of ($1.1) million and adjusted net income of $7.7 million for the three months ended September 30, 2020. GAAP diluted net income (loss) per Class A share and adjusted diluted if-converted net income per Class A share were $(0.09) and $0.26, respectively, for the three months ended September 30, 2021.

Perella Weinberg Partners Reports Third Quarter 2021 Results

NEW YORK, Nov. 1, 2021 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Perella Weinberg Partners (NASDAQ: PWP). If you are a shareholder of Perella Weinberg Partners and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: http://pjlfirm.com/perella-weinberg-partners/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Perella Weinberg Partners for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (“PWP”) (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the third quarter 2021 on Thursday, November 4, 2021, before the market opens.

Perella Weinberg Partners to Announce Third Quarter 2021 Financial Results and to Host Conference Call on November 4, 2021

"The reason that we picked a SPAC is because it's a transaction as opposed to a process" like an IPO, co-founder and CEO Peter Weinberg told CNBC on Monday.

Perella Weinberg shares popped and later cooled after going public last week via a SPAC

FinTech Acquisition Corp. IV

Perella Weinberg Partners agrees to be acquired by Betsy Cohen's SPAC, Fintech IV. Two years ago, PWP was working on going public through an IPO. Perella Weinberg, a boutique investment bank, will become a publicly traded company, and expects to list its deal advisory business on NASDAQ under the PWP symbol.

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