Joseph Perella


























Joseph R. Perella
Born
(1941-09-20) September 20, 1941 (age 77)
Newark, New Jersey
Nationality American
Alma mater
Lehigh University
Harvard Business School
Occupation
Financier, CEO
Employer Perella Weinberg Partners

Joseph R. Perella (born September 20, 1941) is an Italian-American financier.




Contents






  • 1 Early life


  • 2 Career


  • 3 Philanthropy


  • 4 References





Early life


Perella was born in Newark, New Jersey, to an accountant. Perella attended Lehigh University on a full scholarship. During his time at Lehigh, Perella was a member of Phi Kappa Theta, Fraternity for men.[1] Following his sophomore year at Lehigh, Perella took several years off before returning and graduating from the university in 1964 with a degree in accounting. After serving in the United States Air Force and the New Jersey Air National Guard from 1964 to 1970, he attended and graduated from Harvard Business School in May 1972 with a Masters in Business Administration.[2][3]



Career


In the fall of 1972, he was hired as an associate at First Boston, where he worked in the mergers and acquisitions department. He remained with First Boston until 1988 when he teamed up with associate Bruce Wasserstein to create their own mergers and acquisitions advisory business as Wasserstein Perella & Co..[4] Their company was at the forefront of the 1980s/90s boom in corporate takeovers.


Joseph Perella left Wasserstein Perella in 1992/1993 to join Morgan Stanley, where he was first head of mergers and acquisitions, and then the chairman of the Institutional Securities and Investment Banking Group. In 2005, Perella and other top executives resigned from Morgan Stanley in the wake of policy disagreements with Chairman Philip J. Purcell. Purcell soon resigned following more high level departures from Morgan Stanley.[5]


One of the deals Perella advised on following his departure from Morgan Stanley was advising on the Bank of America takeover of credit card company MBNA. In November 2005, Perella and former Morgan Stanley banker Terry Meguid announced that they were opening an investment banking boutique. On June 15, 2006, Perella announced the formation of a new financial services firm, Perella Weinberg Partners, based in New York and London.[6][7]



Philanthropy


Perella is a Lehigh University trustee. In 2003, he and his wife Amy, a survivor of Hodgkin's disease, donated $10 million to the College of Business and Economics to endow the "Perella Department of Finance" and several faculty positions. They have also an endowed scholarship fund for Lehigh students from the Newark, N.J. area, where Perella grew up. They also supported the construction of Rauch Business Center. In addition, the couple created "The Amy and Joseph Perella Professor of Medicine" at Yale University.[6] He is also a member of the National Italian American Federation.



References





  1. ^ "Joseph R. Perella - Phi Kappa Theta Fraternity". www.phikaps.org. Retrieved 2018-04-26..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ "Lehigh University: Giving: Names of Leadership Plaza: Perella". Lehigh University. Archived from the original on 2011-06-15. Retrieved 2010-12-17.


  3. ^ "Perella Weinberg Partners - People". Perella Weinberg Partners. Retrieved 2010-12-17.


  4. ^ Grocer, Stephen (2009-10-15). "When Bruce Wasserstein and Joe Perella Ruled the World... - Deal Journal - WSJ". Wall Street Journal. Retrieved 2010-12-17.


  5. ^ Landon Thomas Jr (June 14, 2005). "Chief Will Leave Morgan Stanley, Ending Struggle". The New York Times.


  6. ^ ab "Cityfile: Joseph Perella". Cityfile. Archived from the original on 2010-12-06. Retrieved 2010-12-17.


  7. ^ Liz Moyer (2006-06-15). "Call it Perella Weinberg". Forbes.com. Archived from the original on 2013-01-24. Retrieved 2010-12-17.










-

Popular posts from this blog

What visual should I use to simply compare current year value vs last year in Power BI desktop

Image
0 I have column SubToBind that shows current year ratio and column PY SubToBind which shows previous year ratio. How can I simply create a card that would be displaying them both in a nice way? Something like that: I cannot achieve that with regular card, I also tried Card with States by OKViz but also unable to see both values. In KPI visual - I dont like the word "Goal", it will confuse end users. Are there any cards or other visuals that would do the job? Thanks powerbi dax powerbi-embedded share | improve this question edited Jun 11 '18 at 20:11 Oleg ...
Read more

How to ignore python UserWarning in pytest?

Image
up vote 1 down vote favorite I am using openpyxl for parsing .xlsm files, and pytest for testing. When I open a file, I get the: OpenPyxl -> UserWarning: Data Validation extension is not supported and will be removed That is not really a problem bcs. program works and I can't change the .xlsm file to fix that. But... When I run pytest with something like: def test_wrong_file_format(): assert check_excel(open_excel('file.xlsm')) == True I will get the warning i mentioned altought check_excel(open_excel('file.xlsm')) returns True and the test should suceed... Is there a nice way to tell the pytest that "It's not a bug it's a feature" and tests should pass even when they get this warning? Is there other way than using something like: with pytest.warns(UserWarning): ...
Read more

Alexandru Averescu

Image
Alexandre Averescu Alexandru Averescu Naissance 3 avril 1859 Babele, Ismail  (ro) près de Izmaïl (principauté de Moldavie) Décès 2 octobre 1938 (à 79 ans) [ 1 ] Bucarest Origine   Roumanie Arme cavalerie Grade Maréchal Années de service 1901-1917 Commandement chef d'état-major général 2 e  armée 3 e  armée Groupe d'armée sud armée du Danube Conflits Guerre russo-turque de 1877-1878 Deuxième guerre balkanique Première Guerre mondiale Faits d'armes Bataille de Turtucaia/Tutrakan Bataille de Mărăști Distinctions Autres fonctions 3 fois président du Conseil des ministres ministre des Affaires étrangères ministre sans portefeuille conseiller de la Couronne modifier   Alexandre Averescu (en roumain : Alexandru Averescu .mw-parser-output .prononciation>a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/8/8a/Loudspeaker.svg/11px-Loudspeaker.svg.png")center ...
Read more