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Michael Masterson Joins Perella Weinberg as Partner

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Perella Weinberg Partners (Nasdaq: PWP) has appointed Michael Masterson as Partner in its Advisory Business. Based in New York, Masterson will join the Firm's Industrials practice, focusing on transportation, leasing, and logistics sectors. He previously served as Managing Director and Head of Transportation Corporate Advisory at Greenhill & Co., and held leadership positions at Deutsche Bank. The appointment aims to strengthen PWP's capabilities in transportation and leasing sectors, which are experiencing active consolidation and financing activities.

Perella Weinberg Partners (Nasdaq: PWP) ha nominato Michael Masterson come Partner nella sua divisione di Advisory. Con sede a New York, Masterson si unirà alla pratica Industrials della Società, concentrandosi sui settori dei trasporti, leasing e logistica. In precedenza ha ricoperto il ruolo di Managing Director e Responsabile dell'Advisory Corporate per il Trasporto presso Greenhill & Co., e ha avuto posizioni di leadership presso Deutsche Bank. Questa nomina mira a rafforzare le capacità di PWP nei settori dei trasporti e leasing, che stanno vivendo un'attiva consolidazione e attività di finanziamento.

Perella Weinberg Partners (Nasdaq: PWP) ha nombrado a Michael Masterson como Socio en su Negocio de Asesoría. Con sede en Nueva York, Masterson se unirá a la práctica de Industriales de la Firma, centrándose en los sectores de transporte, arrendamiento y logística. Anteriormente, se desempeñó como Director Gerente y Jefe de Asesoría Corporativa en Transporte en Greenhill & Co., y ocupó cargos de liderazgo en Deutsche Bank. La nominación tiene como objetivo fortalecer las capacidades de PWP en los sectores de transporte y arrendamiento, que están experimentando una activa consolidación y actividades de financiamiento.

페렐라 와인버그 파트너스(Nasdaq: PWP)가 마이클 마스터슨을 Advisory Business의 파트너로 임명했습니다. 뉴욕에 본사를 둔 마스터슨은 회사의 산업 부문에 합류하여 교통, 임대 및 물류 분야에 집중할 것입니다. 그는 이전에 Greenhill & Co.에서 교통 корпоратив 자문 부문 책임자 겸 전무 이사를 역임했으며, 도이치 뱅크에서 리더십 직책을 맡았습니다. 이번 임명은 교통 및 임대 분야의 능력을 강화하여, 현재 활발한 통합 및 금융 활동을 경험하고자 하는 목표입니다.

Perella Weinberg Partners (Nasdaq: PWP) a nommé Michael Masterson comme partenaire dans son activité de conseil. Basé à New York, Masterson rejoindra la pratique des industriels de la société, en se concentrant sur les secteurs du transport, du leasing et de la logistique. Auparavant, il a été directeur général et responsable du conseil d’entreprise en transport chez Greenhill & Co., et a occupé des postes de direction chez Deutsche Bank. Cette nomination vise à renforcer les capacités de PWP dans les secteurs du transport et du leasing, qui connaissent une consolidation active et des activités de financement.

Perella Weinberg Partners (Nasdaq: PWP) hat Michael Masterson zum Partner in seinem Beratungsbereich ernannt. Mit Sitz in New York wird Masterson der Industrielle Praxis der Firma beitreten und sich auf die Sektoren Transport, Leasing und Logistik konzentrieren. Zuvor war er geschäftsführender Direktor und Leiter der Unternehmensberatung im Transportwesen bei Greenhill & Co. und hatte Führungspositionen bei der Deutschen Bank inne. Die Ernennung zielt darauf ab, die Fähigkeiten von PWP in den Bereichen Transport und Leasing zu stärken, die eine aktive Konsolidierung und Finanzierungstätigkeiten erleben.

Positive
  • Strategic hire strengthens firm's expertise in transportation, leasing, and logistics sectors
  • Addition of senior executive with established industry relationships and expertise
  • Expansion into active consolidation and financing markets
Negative
  • None.

Insights

A Partner-level hire in the transportation and logistics sector is unlikely to have significant immediate impact on PWP's financial performance or stock price. While Mr. Masterson brings valuable expertise and relationships from Greenhill & Co. and Deutsche Bank, senior banker appointments typically take 12-24 months to materially contribute to deal flow and revenue. The transportation sector's active M&A environment could benefit PWP long-term, but this hire alone isn't a market-moving event. The firm's revenue will continue to be driven by broader market conditions and existing client relationships rather than individual appointments.

Appointment Strengthens Firm’s Transportation, Leasing, and Logistics Coverage

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 Head of Transportation Corporate Advisory and was responsible for global coverage across all transportation and leasing companies. Prior to that role, Mr. Masterson served as Co-Head of Transportation and Infrastructure and the Global Head of Aviation at Deutsche Bank.

“Michael is one of the most established bankers in the transportation space and we are pleased to welcome him to our team,” said Andrew Bednar, Chief Executive Officer of Perella Weinberg. “Transportation, leasing, and logistics are active areas for consolidation and financing, and we expect that Michael’s relationships and expertise will enhance our franchise in both domestic and cross border situations.”

Mr. Masterson holds an MA in Philosophy from NYU and a BA from Williams College.

About Perella Weinberg

Perella Weinberg is a leading global independent advisory firm, providing strategic and financial advice to a broad client base, including corporations, institutions, governments, sovereign wealth funds, and the financial sponsor community. The Firm offers a wide range of advisory services to clients in the most active industry sectors and global markets. With more than 650 employees, Perella Weinberg currently maintains offices in New York, London, Houston, San Francisco, Paris, Los Angeles, Chicago, Calgary, Denver, and Munich.

Contacts

For Perella Weinberg Investor Relations: investors@pwpartners.com
For Perella Weinberg Media: media@pwpartners.com


FAQ

What is Michael Masterson's new role at Perella Weinberg Partners (PWP)?

Michael Masterson has joined Perella Weinberg Partners as a Partner in the Advisory Business, focusing on transportation, leasing, and logistics within the Firm's Industrials practice.

Where did Michael Masterson work before joining PWP?

Prior to joining PWP, Masterson worked at Greenhill & Co. as Managing Director and Head of Transportation Corporate Advisory, and previously at Deutsche Bank as Co-Head of Transportation and Infrastructure and Global Head of Aviation.

What sectors will Michael Masterson focus on at PWP?

At PWP, Masterson will focus on providing strategic advice to clients globally across the transportation, leasing, and logistics sectors.

Perella Weinberg Partners

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