Perella Weinberg Partners (PWP) News & EventsPWPNews & EventsPerella Weinberg Partners

Perella Weinberg Partners Lays Off Nearly 10% of Workforce

Perella Weinberg Partners is laying off almost 10% of its workforce, including a dozen partners, Dani Burger of Bloomberg reoprts, citing a person familiar with the matter. The reductions are concentrated in industry sub-sectors that have lagged behind the broader market, a source told Bloomberg. A spokesperson for Perella confirmed to Bloomberg that nearly 10% of its 700 employees will be dismissed.

Company Reports Q1 Revenue of $149M, Below Expectations

Reports Q1 revenue $149M, consensus $166.32M. "We continue to see momentum across our business - client dialogue remains exceptionally strong and our announced and pending backlog is at a two-year quarterly high. Our acquisition of Gleacher Shacklock adds meaningful presence in the UK - Europe's largest advisory market - and alongside our senior talent additions and the integration of Devon Park, we are more scaled and diversified geographically and by industry and product than at any point in our history. We remain focused on our clear and simple strategy to scale our business," stated CEO Andrew Bednar.

Perella Weinberg Partners to Acquire Gleacher Shacklock

Perella Weinberg Partners announced that it has entered into a definitive agreement to acquire Gleacher Shacklock, a premier independent advisory firm headquartered in London with a focus and long-standing presence in the UK advisory market. The transaction is expected to close in the second half of 2026, subject to regulatory approval and customary closing conditions.