• Like the M&A advisory division of a Goldman Sachs or Morgan Stanley, but as an independent firm.
• An independent financial advisory firm similar to Lazard or Evercore.

• Mergers & Acquisitions (M&A) Advisory: Advising corporations, financial sponsors, and other entities on strategic transactions such as mergers, acquisitions, divestitures, and joint ventures.
• Restructuring Advisory: Providing strategic and financial advice to companies, creditors, and other stakeholders navigating financially distressed situations and liability management transactions.
• Capital Markets Advisory: Offering independent advice on all aspects of capital raising, including equity and debt financings, private placements, and initial public offerings (IPOs).
• Strategic & Shareholder Advisory: Delivering independent counsel to boards and management on complex strategic issues, including corporate governance, shareholder activism defense, and special committee assignments.

Perella Weinberg Partners (PWP) is an independent financial advisory firm that primarily serves other companies and institutions, not individuals. Its core services include mergers & acquisitions (M&A) advisory, restructuring advisory, and capital markets advisory.

Due to the project-based nature of financial advisory services and client confidentiality, PWP does not have a fixed set of "major customers" in the traditional sense of recurring, high-volume purchasers. Instead, it advises a diverse range of clients on specific, often large-scale, transactions and strategic matters. The following are examples of public companies PWP has advised on significant transactions, representing clients for specific advisory mandates:

• The Williams Companies (NYSE: WMB)
• Duke Energy Corporation (NYSE: DUK)
• Brookfield Infrastructure Partners L.P. (NYSE: BIP)

Andrew Bednar, Chief Executive Officer

Andrew Bednar is the Chief Executive Officer of Perella Weinberg Partners, appointed in January 2023. He has been a Founding Partner of the firm since its inception in 2006. Prior to his current role, Mr. Bednar was Co-Head of the firm's U.S. Advisory Business. Before joining Perella Weinberg, he served as Head of U.S. Mergers & Acquisitions at Bank of America and was a Managing Director in Mergers and Acquisitions at Goldman Sachs. Mr. Bednar began his career at Cravath, Swaine & Moore. He has led consolidation in Market Infrastructure for over a decade and was involved as part of the sponsor of PWP Forward Acquisition Corp. I, a mission-oriented SPAC, and led the team for Perella Weinberg's business combination with FinTech Acquisition Corp. IV.

Alexandra Gottschalk, Chief Financial Officer

Alexandra Gottschalk has served as the Chief Financial Officer of Perella Weinberg Partners since January 2024. She is also a Partner of the firm. Before becoming CFO, Ms. Gottschalk held the position of the firm's Chief Accounting Officer. Prior to joining Perella Weinberg Partners in November 2016, she was the Controller at Tudor, Pickering, Holt & Co. Her earlier career also includes time at PricewaterhouseCoopers, LLP in their Assurance practice and Deloitte Tax, LLP in the International Tax Group.

Peter A. Weinberg, Founding Partner and Chairman

Peter A. Weinberg is a Founding Partner and Chairman of Perella Weinberg Partners, which he co-founded in 2006 with Joseph Perella. He previously served as the Chief Executive Officer of the firm from February 2019 to January 2023, during which time he oversaw the transition of the firm from a private partnership to a public company. Before co-founding Perella Weinberg, Mr. Weinberg spent almost two decades at Goldman Sachs, where he was CEO of Goldman Sachs International in London from 1999 to 2005. At Goldman Sachs, he held various senior management roles, including co-heading the Global Investment Banking Division and founding the Financial Sponsors Group. He began his career at Morgan Stanley & Co.

Dietrich Becker, Partner and President

Dietrich Becker is a Founding Partner and the President of Perella Weinberg Partners, a role he assumed in January 2023, after serving as Co-President from March 2020. He has been the Head of Perella Weinberg's Advisory business in Europe since 2017. With over 30 years of investment banking experience, Mr. Becker previously served as Co-Head of the Global Industrial Group at Morgan Stanley before joining Perella Weinberg at its foundation in 2006. He started his investment banking career at Merrill Lynch in 1991. Mr. Becker has advised on numerous M&A transactions globally, specializing in public market M&A, defense against hostile takeovers, and strategic transformation for industrial manufacturing companies.

Robert K. Steel, Partner and Vice Chairman

Robert K. Steel is a Partner and Vice Chairman at Perella Weinberg Partners, having joined the firm in May 2014. Mr. Steel has over 40 years of experience in finance and government. Prior to Perella Weinberg, he served as New York City's Deputy Mayor for Economic Development from 2010 to 2013 under the Bloomberg Administration. Notably, he was President and CEO of Wachovia Corporation, where he oversaw the sale of the bank to Wells Fargo & Co., and subsequently served on the Wells Fargo board until 2010. Earlier in his career, he was Under Secretary for Domestic Finance at the U.S. Department of Treasury from 2006 to 2008. Mr. Steel spent nearly 30 years at Goldman Sachs, rising to Vice Chairman of the firm and a member of its Management Committee. He also co-founded SeaChange Capital Partners, an organization focused on assisting non-profits.

Perella Weinberg Partners (PWP) primarily offers strategic advisory services, which encompass mergers and acquisitions (M&A) advisory, restructuring and liability management, and capital markets advisory, in addition to asset management services.

The addressable markets for their main products and services are as follows:

• Mergers & Acquisitions (M&A) Advisory: The global M&A advisory market was valued at approximately USD 29.59 billion in 2024 and is projected to reach around USD 40.19 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.92% from 2025 to 2032. North America held the largest share of the M&A advisory market in 2024.
• Restructuring Advisory: The global corporate restructuring advisory market was estimated at US$ 24.1 billion in 2023 and is projected to expand to US$ 44.5 billion by 2033, at an impressive CAGR of 6.3%. North America leads this market, accounting for a 41% share in 2022, with the U.S. market specifically valued at US$ 8.4 billion in 2023. Financial restructuring services represent a significant portion of this market, valued at US$ 7.9 billion in 2022.
• Capital Markets Advisory (as part of Investment Banking): The global investment banking market, which includes capital markets advisory services, was valued at USD 103.23 billion in 2024 and is projected to grow to USD 183.28 billion by 2032, with a CAGR of 7.55%. Another estimate places the global investment banking market size at USD 121.5 billion in 2023, expected to reach USD 318.0 billion by 2033, growing at a CAGR of 10.1%. North America was the largest region in the investment banking market in 2024.
• Asset Management: The global asset management market size was valued at USD 432.77 billion in 2024 and is projected to grow from USD 489.40 billion in 2025 to USD 1,122.04 billion by 2032, exhibiting a CAGR of 12.6%. North America held the dominant asset management market share in 2023, valuing at USD 178.01 billion, and is estimated to reach USD 202.22 billion in 2024. Specifically, the U.S. asset management market is estimated to reach USD 184.89 billion in 2025.

Perella Weinberg Partners (PWP) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

• Conversion of Record Pipeline and Active Engagements: The firm has consistently reported a record number of active client engagements and a robust overall pipeline, particularly anticipating a shift back towards traditional M&A activity. This strong pipeline is expected to convert into future deal closings and revenue.
• Strategic Investment in Senior Banking Talent: PWP has made significant investments in expanding its senior banker base, adding 25 senior bankers across various sectors and regions in 2025, representing 18% of its total partner base. These new hires are anticipated to generate incremental revenue by strengthening expertise and client coverage.
• Expansion through Strategic Acquisitions: The acquisition of Devon Park Advisors has broadened PWP's capabilities, particularly in the private funds advisory space with expertise in GP-led secondaries. This strategic move is expected to expand the firm's addressable market and revenue potential.
• Growth in European Operations: Perella Weinberg's European business has demonstrated substantial growth, increasing over 50% from the previous year. Continued focus and success in this region are expected to contribute significantly to overall revenue.
• Growth in Private Capital Advisory and Non-Traditional Services: While traditional M&A activity has fluctuated, the firm has seen growth in non-traditional advisory services, including liability management and capital raising. The acquisition of Devon Park further enhances PWP's capabilities in the private capital advisory market, which is projected to grow.

Share Repurchases

• Perella Weinberg Partners' Board of Directors authorized a stock repurchase program of up to $100 million of its Class A common stock in February 2022.
• An additional $100 million share repurchase authorization was approved by the Board in February 2023.
• In 2024, the company returned $282 million to equity holders and retired approximately 14.5 million shares and share equivalents through various mechanisms including purchases, exchanges, and net settlements.

Share Issuance

• In February 2024, Perella Weinberg Partners commenced a public offering of 4,500,000 shares of Class A common stock, with an option for the underwriter to purchase an additional 675,000 shares.
• The net proceeds from this offering were intended to be contributed to PWP Holdings LP (PWP OpCo) in exchange for partnership units, which PWP OpCo planned to use for the conversion of certain partnership units into cash for estimated tax liabilities, to purchase outstanding partnership units and Class B common stock, and for general corporate purposes.
• In May 2025, the firm disclosed the unregistered issuance of 1,234,357 shares of Class A common stock as part of an internal mechanism allowing limited partners of PWP OpCo to exchange their partnership units and Class B common stock.

Inbound Investments

• Perella Weinberg Partners became a public company in June 2021 through a business combination with FinTech Acquisition Corporation IV, a special purpose acquisition company (SPAC).

Outbound Investments

• In 2025, Perella Weinberg Partners completed the acquisition of Devon Park Advisors, a GP-led secondaries advisory firm, expanding its private capital advisory capabilities.
• The firm has made strategic investments in talent, adding 25 senior bankers in 2025 and 5 new partners and 11 managing directors in 2024 to enhance its advisory services.
• Perella Weinberg is launching PWP Growth Equity, a new private equity strategy focused on investing in growth companies within the lower middle market.

Capital Expenditures

• As a financial advisory firm, Perella Weinberg Partners typically does not require large capital expenditures on physical assets due to the nature of its business.