UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _____________________________________________________________________________________________________________________________________________________________________ FORM 10-Q _____________________________________________________________________________________________________________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Perella Weinberg Partners (NASDAQ:PWP) Q3 2024 Earnings Call November 8, 2024 9:00 AM ET Company Participants Taylor Reinhardt - Head, Communications and Marketing Andrew Bednar - Chief Executive Officer Alex Gottschalk - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP Brendan O’Brien - Wolfe Research Aidan Hall - KBW James Yaro - Goldman Sachs Operator Good morning and welcome to the Perella Weinberg Partners Third Quarter 2024 Earnings Conference Call. [Operator Instructions ...

NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Michael Masterson has joined the Firm as a Partner in the Advisory Business. Based in New York, Mr. Masterson will join the Firm’s Industrials practice and provide strategic advice to clients globally across the transportation, leasing, and logistics sector. Mr. Masterson joins Perella Weinberg from Greenhill & Co., where he served as a Managing Director and H ...

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the third quarter 2024 on Friday, November 8, 2024, before the market opens. Conference Call and WebcastManagement will host a conference call and webcast to review Perella Weinberg’s results on the same day at 9:00AM ET. A webcast of the conference call will be available to the public on a listen-only basis and can ...

Core Viewpoint - Perella Weinberg Partners (PWP) experienced significant revenue growth in Q2, driven by advisory activities, restructuring, and M&A, although management expressed caution regarding the sustainability of these results [3][5]. Financial Performance - Revenues increased by 64% in Q2 and 26% in the first half of the year, with management suggesting that Q1 may have underestimated activity levels [5]. - The growth in revenues is attributed to the timing of deal closures rather than a fundamental change in market conditions, with long deal timelines still in effect [5]. Market Dynamics - The European market is lagging behind the US, presenting potential growth opportunities for PWP, which has a significant European franchise [3][6]. - Restructuring and liability management activities are robust due to maturity walls and higher interest rates, while M&A activity is performing well [5][6]. Operational Challenges - Compensation and benefits expenses have risen sharply, primarily due to equity-based compensation linked to share vesting programs, leading to wider operating losses [6]. - The corporate structure of PWP results in substantial non-controlling interests, causing significant dilution for Class A shareholders, with potential dilution effects estimated around 60% [6][7]. Competitive Positioning - Despite strong Q2 results, PWP is considered relatively expensive compared to peers like Evercore and Lazard, with concerns that its performance may not be sustainable [7].

Perella Weinberg Partners (NASDAQ:PWP) Q2 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Taylor Reinhardt - Head, Communications & Marketing Andrew Bednar - Chief Executive Officer Alex Gottschalk - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP Brendan O'Brien - Wolfe Research James Yaro - Goldman Sachs Aidan Hall - KBW Operator Good morning, and welcome to the Perella Weinberg Second Quarter 2024 Earnings Conference Call. During today's discuss ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _____________________________________________________________________________________________________________________________________________________________________ FORM 10-Q _____________________________________________________________________________________________________________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Mr. Tanzer received a Bachelor of Arts in English from Stanford University and a Master of Business Administration from the Wharton School at the University of Pennsylvania. Rebekah Weissburg Ms. Weissburg serves as the Chief Human Resources Officer of the Firm. Prior to joining Perella Weinberg in 2022, Ms. Weissburg served as Chief Human Capital Officer at Geller & Company, where she focused on developing and executing human resource strategy driving key business outcomes focused in the areas of recruitin ...

NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced the promotion of four Managing Directors to Partners of the Firm. Biographies Mr. Glass earned a Bachelor of Arts from the College of William & Mary in Finance and International Relations. Prior to joining Perella Weinberg in 2016, Ms. Gottschalk was at Tudor, Pickering, Holt & Co where she most recently served as Controller. Prior to that, she was with PwC in the F ...

Conference Call and Webcast The conference call can also be accessed by the following dial-in information: Replay About Perella Weinberg Contacts NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the second quarter 2024 on Friday, August 2, 2024, before the market opens. Management will host a conference call and webcast to review Perella Weinberg's results on the ...