Perella Weinberg Partners Capital Management LP (New York)


Perella Weinberg Partners Capital Management LP is a large advisory firm based in New York. It manages $15.42 billion of regulatory assets for 100 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Colorado, New York, and Texas.

Perella Weinberg Partners Capital Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Perella Weinberg Partners Capital Management: assets under management

The assets under management (AUM) of Perella Weinberg Partners Capital Management LP is $15.42 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 8841% since the beginning of its operation, and $1.69 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $15.42 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $154.23 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 79% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Perella Weinberg Partners Capital Management LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Perella Weinberg Partners Capital Management serves?

The firm provides services to investment companies, charitable organizations, and pooled investment vehicles. The largest group of clients of Perella Weinberg Partners Capital Management is pooled investment vehicles with 56 clients and $9.19 billion of assets under management. Among the 11 most similar advisory firms, Perella Weinberg Partners Capital Management has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $14.89 billion for 94 clients. 27% of the firm’s clients are foreign persons or businesses.

Perella Weinberg Partners Capital Management also advises several private funds. Namely, sixteen hedge funds, sixteen other private funds, and twenty private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000,000.

Careers at Perella Weinberg Partners Capital Management LP

The company employs 208 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Perella Weinberg Partners Group Lp Limited partner 1 Mar 2007 75% - 100% 20-5466924
Perella Weinberg Partners Capital Management Gp Llc General partner 1 Mar 2007 Other 20-8649965
Tarek Fahmy Abdel Meguid Authorized person 1 Mar 2007 Other 1731116
Joseph Robert Perella Chairman and authorized person 1 Mar 2007 Other 1460473
Tarek Fahmy Abdelmeguid Authorized person 1 Mar 2007 Other 1731116
Julio Garcia Chief financial officer and authorized person 1 Mar 2007 Other 3119171
William Kourakos Authorized person 1 Mar 2007 Other 1486555
Ralph Lee Pellecchio General counsel and authorized person 1 Mar 2007 Other 1367506
Katherine Lynn Perkins Chief administrative officer and authorized person 1 Mar 2007 Other 1496363
Ajay Mehra Chief compliance officer 1 Jun 2007 Other 4888834
Andrew Neal Siegel Chief compliance officer and authorized person 1 Aug 2007 Other 4226449
Aaron Frederick Hood Chief operating officer 1 Jan 2008 Other 4427690
William Wescott Johnson Authorized person 1 Jan 2010 Other 2228323
Aaron Frederick Hood Chief financial officer and authorized person 1 May 2010 Other 4427690
Sandra Matthews Haas Authorized person 1 May 2012 Other 2761753
William Kourakos Authorized person 1 Jul 2014 Other 1486555
Vladimir Shendelman General counsel and authorized person 1 Jul 2014 Other 6370758
Robert King Steel Chief executive officer and authorized person 1 Jul 2014 Other 811277
Vladimir Shendelman Esq General counsel and authorized person 1 Jul 2014 Other 6370758
Aaron Frederick Hood Co-head of asset management and authorized person 1 Dec 2016 Other 4427690
Yunqi Ni Chief operating officer and authorized person 1 Dec 2016 Other 6655935
Alexandra Garbers Pruner Chief financial officer and authorized person 1 Dec 2016 Other 5307004
Mark Andrew Polemeni Esq Chief compliance officer and authorized person 1 Dec 2017 Other 5070584
Christopher Lee Bittman Head of asset management and authorized person 1 Mar 2019 Other 2189508
Peter Amory Weinberg Chief executive officer and authorized person 1 Mar 2019 Other 2100495
Perella Weinberg Partners Capital Group Lp Limited partner 1 Mar 2019 75% - 100% 83-3804992

Indirect Owners

The SEC currently registers 14 indirect owners.

Name Entity Date acquired Ownership Employer ID
Joseph Robert Perella Cheif executive officer and member 1 Jun 2005 25% - 50% 1460473
Perella Weinberg Partners Llc General partner 1 Mar 2006 Other 20-2943035
Pwp Subco Lp Special limited partner 1 Mar 2006 75% - 100% 20-5151195
Joseph Robert Perella Limited partner 1 Mar 2006 25% - 50% 1460473
Pwp Mc Lp General partner 1 Jun 2006 75% - 100% 20-5149061
Pwp Equity I Lp General partner 1 Jun 2006 75% - 100% 20-5151053
Noco A L.P. Sole member 1 Jul 2006 75% - 100% 20-4479294
Noco A L.P. Limited partner 1 Oct 2006 75% - 100% 20-4479294
Pwp Group Gp Llc General partner 1 Oct 2006 Other 20-5464497
Perella Weinberg Partners Llc General partner 1 Sep 2016 Other 20-2943035
Pwp Holdings Lp Limited partner 1 Sep 2016 75% - 100% 30-0949091
Pwp Professional Partners Lp Limited partner 1 Sep 2016 75% - 100% 37-1834151
Perella Weinberg Partners Capital Group Gp Llc General partner 1 Mar 2019 Other 83-3804992
Pwp Capital Holdings Lp Limited partner 1 Mar 2019 75% - 100% 83-3804992

Based in New York

The principal office where Perella Weinberg Partners Capital Management LP performs its advisory services is located at 767 Fifth Avenue, New York, NY 10153, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-287-3200 or by fax 212-287-3201. The normal business hours are 9:00am - 6:00pm est on Monday - Friday. You can find more information about the New York firm at pwpartners.com and its LinkedIn profile.