(Bloomberg) Perella Weinberg Partners, the boutique investment bank founded by Joe Perella and Peter Weinberg, is weighing separating its asset-management unit as it considers plans for a potential initial public offering, according to people familiar with the matter. The asset-management unit, run by Tarek Abdel-Meguid and Aaron Hood, could seek to spin itself out of the parent company to its partners and management team, said one of the people. Perella Weinberg is considering a range of options and no final decisions have been made on a potential split or IPO, said the people, who asked not to be identified discussing private information.
Perella Weinberg Weighs Asset Manager Split Before IPO
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