Perella Weinberg Names Well-Known Tech Analyst Sherlund As Advisory Partner

Jul 31 2017 | 10:21pm ET

Perella Weinberg Partners has announced that veteran software industry analyst and former Barclay’s executive Richard “Rick” Sherlund has joined the firm as a partner in its Advisory business.

In his new role, Sherlund will help the company further enhance its technology franchise, according to a statement.  Based in San Francisco, Sherlund will focus on driving the coverage of software clients, as well as developing a broader technology franchise and working with the company’s Advisory partners to assist clients across all industries as digital transformation redefines their businesses.

Sherlund is a leading authority in the software industry. He was most recently chairman of software investment banking at Barclays, where he focused on the digital transformation of enterprises, Internet of Things (IoT) and machine learning and the upcoming platform shift from systems of record and systems of engagement to a new generation he characterizes as systems of prediction.

Beforehand, Sherlund spent 25 years at Goldman Sachs, culminating as a partner and head of the technology research group and a leading software industry analyst. Institutional Investor ranked Sherlund as the #1 software industry analyst for 17 consecutive years, and he was involved in the IPOs of many of the industry’s leading companies.

“Change is a key driver of M&A activity and there is no more significant change today than technological disruption,” said Peter Weinberg, founding partner of Perella Weinberg Partners, in the statement. “All of our clients are focused on this subject and we are committed to advising them as they pursue their digital transformations. We are delighted to welcome Rick as a part of these efforts. 

Founded in 2006, Perella Weinberg Partners is a leading independent, client-focused financial services firm providing advisory, asset management and energy securities research, underwriting and trading services to a broad, global client base, including corporations, institutions and governments. Together with its affiliates, the asset management business has capital commitments and managed assets of approximately $13.1 billion.


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