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The New York State Insurance Department has hired Wall Street firm Parella Weinberg Partners for advice on the financial health of bond insurers. A spokesman for the department, whose chief Eric Dinallo held a meeting last week with executives of several top Wall Street firms to explore…

When GLG Partners Co-Founder Noam Gottesman told investment bankers Joseph Perella and Peter Weinberg last spring that he wanted advice on selling a stake in his hedge fund firm to Freedom Acquisition Holdings, a special-purpose acquisition corporation, the bankers were a bit puzzled. London…

Perella Weinberg Partners today announced that it has acquired Xerion Capital Partners (“Xerion”), a New York-based investment manager that focuses on distressed credit and special situations investments. Terms of the transaction were not disclosed. Daniel J. Arbess, Xerion’s founder and..

Perella Weinberg Partners is pleased to announce that William H. Donaldson has joined the firm as Chairman of its Advisory Council. In this new role, Mr. Donaldson will work closely with the Firm’s partners on strategic issues and organizational and client related matters. Mr. Donaldson is…

As the Hewlett Packard boardroom spying affair was unfolding, I actually sympathised with the instinct of Patricia Dunn, the then chairman, to investigate directors who were suspected of having unauthorised conversations with members of the media. A board cannot operate effectively without…

Perella Weinberg Partners announces the acquisition of Kramer Capital Partners, an investment banking firm providing financial advisory services to constituents in a broad range of restructuring and corporate finance transactions. In connection with the transaction, Michael Kramer and Derron…

Perella Weinberg Partners announces that Rod Parsley has joined the Firm as a partner based in its New York office. Mr. Parsley will lead the Firm’s efforts with respect to managing a portfolio of private and public investments in water and resource infrastructure assets. The Firm intends to commit…

In response to inquiries, Perella Weinberg Partners is pleased to confirm that Andrew Bednar will join the firm as a partner and will be based in New York. Bednar has been a managing director and head of U.S. mergers and acquisitions at Banc of America Securities, LLC. He previously was a managing…

Joseph Perella announced today the formation of Perella Weinberg Partners, a new financial services firm that will provide corporate advisory and investment management services to clients around the world. Perella Weinberg Partners has raised over US$1billion from eleven investors to both seed…