PWP would be following other boutiques including Evercore, Greenhill, Lazard and, most recently, Moelis & Co in going public. Its listing plan comes as M&A activity has surged in recent weeks following a sharp slowdown earlier in the year because of uncertainty linked to the pandemic.
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Perella Weinberg set to go public via SPAC
So far, the fourth quarter of 2020 has been the third strongest for M&A in two decades. Since the start of October, $612bn of deals have been agreed, according to data from Refinitiv, up from $461bn during the same period in 2019 and $491bn in 2018.
