New York and London, February 8, 2007 - Perella Weinberg Partners is pleased to announce that William H. Donaldson has joined the firm as Chairman of its Advisory Council.
In this new role, Mr. Donaldson will work closely with the Firm’s partners on strategic issues and organizational and client related matters. Mr. Donaldson is Chairman of Donaldson Enterprises, a private investment firm.
Mr. Donaldson most recently served as the 27th Chairman of the Securities and Exchange Commission, his tenure marking the greatest period of activity of the Agency since its founding in 1934. Prior to heading the SEC, Mr. Donaldson was Chairman and President of Aetna, Inc., one of the nations largest providers of health insurance, Chairman and CEO of the New York Stock Exchange and Chairman and CEO of the investment banking firm, Donaldson, Lufkin & Jenrette (DLJ).
Joseph Perella, Chairman of Perella Weinberg Partners said: “We are delighted to have someone with Bill’s extraordinary reputation, stature and wealth of experience as part of our Firm. His role as a leader in the financial services industry, including the co-founding of DLJ, and his experience in leadership roles in government and education, will be extremely valuable to us as we continue to grow the business of Perella Weinberg Partners”.
Mr. Donaldson said: “I look forward with great enthusiasm to the opportunity to be part of a new financial services firm at a stage similar to the early days at DLJ. I hope to be able to contribute to the development and growth of this exciting new organization.”
About William H. Donaldson
William H. Donaldson has spent more than 40 years at the highest levels of business, government and academia. Until June 30, 2005, he served as the 27th Chairman of the Securities and Exchange Commission. His tenure marked the greatest period of activity of the Agency since its founding in 1934.
Prior to heading of SEC, Mr. Donaldson was Chairman, President and Chief Executive Officer of Aetna, Inc. one of the nation’s largest providers of health insurance and related benefits, and before that he served as Chairman and Chief Executive of the New York Stock Exchange. Earlier in his career, he was the Co-Founder, Chairman and Chief Executive Officer of the investment banking firm of Donaldson, Lufkin & Jenrette (DLJ) and helped found its wholly owned subsidiary the Alliance Capital Management Corporation.
He left DLJ in 1973 to accept a Presidential appointment as United States Undersecretary of State under Secretary Henry Kissinger and subsequently served as counsel to the then Vice President of the United States, Nelson Rockefeller. Following that, he was the Founding Dean and William S. Beinecke Professor of Management at the Yale University School of Management.
He has been a director of 14 publicly held corporations and a number of privately held businesses. He has served as Chairman of the Carnegie Endowment for International Peace and on the boards of numerous philanthropic, arts and educational institutions, among them The Ford Foundation, Lincoln Center for the Performing Arts and Yale University. He has received a number of honorary degrees and awards.
About Perella Weinberg Partners
Launched in June 2006, Perella Weinberg Partners is a financial services firm that provides corporate advisory and asset management services to clients around the world. Today, in its London and New York offices, the firm comprises 20 partners and over 90 employees recruited from a wide variety of leading financial institutions. Perella Weinberg Partners has raised $1.1 billion from a global group of investors to establish the operations of the firm and to fund its investment initiatives.
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