Perella Weinberg Partners Q2 2025 Financial Results and Board Appointments

SEC Filing 8-K (0001777835-25-000139)

Perella Weinberg Partners (PWP) reported its financial results for the second quarter of 2025, with revenues of $155 million, a 43% decrease from the previous year. The company also announced the appointment of Houda Dabboussi and Edwin Bennett as new independent directors to its board, effective immediately. The board size was increased from nine to eleven members. Additionally, PWP entered into an agreement to acquire Devon Park Advisors, a GP-led secondaries advisory firm, to expand its services to alternative asset managers. The acquisition is expected to close in the fourth quarter of 2025. The company also declared a quarterly dividend of $0.07 per share, payable on September 10, 2025.