NEW YORK & LONDON--(BUSINESS WIRE)--Perella Weinberg Partners (“PWP”) announced today that Alex Wilmot-Sitwell and Matthew Smith will join the Firm as Partners in the Advisory business. They will work closely with Dietrich Becker, Head of European Advisory, and the Firm’s European industry group heads to grow the Firm’s presence in the UK. They will join the Firm in September and August 2018, respectively, and will be based in the Firm’s London office.
Mr. Wilmot-Sitwell is an investment banker with a longstanding and distinguished career. Most recently, he was President of Europe, Middle East & Africa (EMEA) at Bank of America Merrill Lynch with responsibility for the execution and development of the bank’s strategy and business activities in the EMEA region. From 1996 to 2012, Mr. Wilmot-Sitwell was with UBS, serving in numerous leadership positions, including Chief Executive Officer of the Asia Pacific region at UBS AG and Co-CEO of UBS Investment Bank.
Mr. Smith has more than 20 years of investment banking experience. He joins PWP from Barclays Capital where he was Head of UK Corporate Finance & Advisory, advising clients like Worldpay on its $10.4 billion merger with Vantiv, Informa on its proposed acquisition of UBM and the London Stock Exchange on its proposed merger with Deutsche Boerse. Prior to joining Barclays Capital, Mr. Smith was Co-Head of EMEA TMT at Citi.
The Firm also announced that Michael Hatchard has been named a Senior Advisor to PWP. Mr. Hatchard is a retired Partner at Skadden, Arps, Slate, Meagher & Flom. During his more than 20 year career at Skadden, he advised on some of the largest and most complex cross-border transactions in the UK.
In addition to these senior UK hires, PWP also recently named Ambassador Lou Susman a Senior Advisor to PWP. A former lawyer and Vice Chairman of Citigroup Corporate and Investment Banking, he served as the U.S. Ambassador to the Court of St. James’s from 2009 to 2013. He is based in Chicago but will also be active for PWP in the UK.
The Firm also announced today Philip Yates’ retirement as a Partner of the Firm and his appointment as a Senior Advisor. Together with Mr. Hatchard and Ambassador Susman, Mr. Yates will provide strategic guidance to PWP as the Firm looks to enhance its business across the UK and on the continent.
Peter Weinberg, Founding Partner & Co-Head of Advisory at Perella Weinberg Partners, said, “We are excited to welcome Alex and Matthew to the Firm. They both share the intensity, drive and connectivity to corporate clients that is a trademark of PWP. Adding these seasoned UK dealmakers -- along with Michael, one of the most respected, experienced M&A lawyers in Europe -- demonstrates our strong commitment to building our European M&A business and positions us well in the UK, the largest European M&A market. Our new colleagues have worked with clients on a multitude of industry transforming transactions. Their counsel and guidance to our clients and the Firm will be extremely beneficial as we continue to see a significant uptick in M&A activity in the UK and Europe.”
Dietrich Becker, Head of European Advisory, stated, “Helping clients find solutions in complex, mission critical situations is the hallmark of PWP’s business. Alex, Matthew and Michael embody our philosophy that prizes creativity, confidentiality, competence and client-centric focus. They have earned the respect and trust of clients and we look forward to the significant contribution they will make to the growth of our UK and broader pan-European presence.”
Philip Yates said, “During my tenure at PWP, I’ve greatly enjoyed helping the Firm grow into a leading independent advisory firm. I’m delighted to leave our UK advisory practice in the capable hands of Alex and Matthew and am confident they will continue the Firm’s strong tradition of serving our clients as trusted advisors.”
Peter Weinberg stated, “We would like to thank Philip for his commitment and dedication to PWP. As one of our first partners in London, Philip has been with the firm since its inception. We appreciate his contributions in helping to establish our European franchise and we look forward to continuing our relationship with him in his new capacity as a Senior Advisor.”
PWP has been actively advising clients on large, complex situations across Europe. Some of its recent engagements include advising: E.ON on its acquisition of innogy and exchange of assets with RWE; Bouygues, Alstom’s largest shareholder, on the proposed Alstom-Siemens Mobility merger; SFR in relation to Altice NV’s public buyout of the remaining SFR Group shares; STADA in connection with the voluntary public tender offers by Bain Capital and Cinven; and Linde in connection with its proposed all-share merger with Praxair.
About Perella Weinberg Partners
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 $13.6 billion. With more than 650 employees, Perella Weinberg Partners maintains offices in New York, Houston, London, Abu Dhabi, Austin, Calgary, Chicago, Denver, Dubai, Los Angeles, and San Francisco. For more information on Perella Weinberg Partners, please visit http://www.pwpartners.com.