Perella Weinberg Expands To Beijing

Sep 22 2011 | 1:56am ET

Boutique investment bank and hedge fund manager Perella Weinberg Partners has opened its first office in East Asia with an eye towards boosting its advisory and asset management business.

The New York-based firm said yesterday that Beijing had become the home of its seventh office. The new base will be led by managing director Naichen Shi, who is to work closely with asset management head Terry Meguid and corporate advisory head Peter Weinberg, Perella Weinberg said.

"Given the current and future importance of China in the financial markets, and as a market for financial services, this was a logical next step in the geographic expansion of Perella Weinberg Partners," Meguid said. "The opportunities for both our advisory and growing asset management businesses mirror nicely the development occurring across China and the broader Asian market."

Perella Weinberg's expansion into China follows the opening of its first Middle East office in Abu Dhabi a year ago. The firm also has an office in London and four in the U.S.


In Depth

Virtu Celebrates Another Year Without a Single Day of Losses

Feb 26 2015 | 9:05am ET

High-frequency trading firm Virtu Financial Inc. reported another year without a...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Risk: How To Get In Front Of The Problem

Feb 26 2015 | 9:53am ET

In considering the topic of risk in the hedge fund world, specifically, the oversight...

 

Editor's Note