Perella Weinberg Reports Second Quarter 2025 Results; Adds Private Funds Advisory Platform with Acquisition of Devon Park Advisors
1. PWP acquires Devon Park Advisors to enhance advisory capabilities. 2. Q2 2025 revenues decreased 43% to $155 million from Q2 2024. 3. PWP maintains robust balance sheet with $145 million cash and no debt. 4. New talent investments aim to expand client coverage and services. 5. Quarterly dividend of $0.07 per share declared, indicating shareholder return.