Perella Weinberg Partners hires former Goldman Sachs MD

Financial services firm Perella Weinberg Partners has hired Jonathan Prather as a partner in its advisory business. Previously, Prather, who is based in New York, worked at Goldman, Sachs & Co’s global industrials group where he served as a managing director.

PRESS RELEASE

NEW YORK–(BUSINESS WIRE)–Perella Weinberg Partners today announced that Jonathan Prather has joined the Firm as a Partner in its Advisory business. Based in New York, Mr. Prather will focus on providing strategic and financial advice to industrial sector companies, particularly to clients in the paper, packaging, forest products, and building products sub-sectors.
Mr. Prather was most recently a Managing Director in Goldman, Sachs & Co.’s Global Industrials Group, where he managed the global paper and forest products investment banking franchise. In this capacity, he was responsible for industry group coverage and execution, including mergers and acquisitions and corporate finance advisory services, debt and equity financing, and other banking products. During his tenure there, Mr. Prather worked on a number of significant transactions, including advising MeadWestvaco Corporation on its recently announced $1.5 billion U.S. forestland and real estate transaction with Plum Creek Timber Company, Inc. and on MeadWestvaco’s spinoff and merger of its Consumer & Office Products business with ACCO Brands Corporation for $860 million, Vestar Capital Partners on its sale of Solo Cup Company to Dart Container Corporation for $1 billion, Temple-Inland Inc. on the sale of its timberlands to The Campbell Group for $2.4 billion, and Bowater Incorporated on its merger of equals with Abitibi-Consolidated Inc. for a combined value of approximately $7.9 billion.
Peter Weinberg, a Founding Partner and Head of Advisory at Perella Weinberg Partners, said, “Jonathan is an experienced industrial sector banker, and we are pleased to welcome him to the Firm. Industrials is a large M&A sector with many sub-sectors, and Jonathan’s extensive knowledge and deep expertise advising clients in the space further augments our systematic coverage of this segment. We are excited about his addition, which enhances our advisory capabilities and benefits our clients in this important sector.”
Jonathan Prather stated, “Perella Weinberg Partners is well-known for its high-quality, independent and discerning advice, and I am delighted to join this distinguished firm. This is an exciting time for many industrial sectors, and I look forward to partnering with my new colleagues at Perella Weinberg Partners to expand the Firm’s advisory coverage across this diverse space.”
Perella Weinberg Partners has been actively advising industrial clients. Some of the Firm’s recent assignments include advising:
Kajima Corporation of Japan in connection with its sale of Industrial Developments International Inc. to Brookfield Property Partners L.P. for $1.1 billion; Anadarko Petroleum Corporation in connection with various strategic, business and financial matters related to its relationship with Tronox Limited; Outokumpu on its acquisition of Inoxum, the stainless steel unit of ThyssenKrupp, for €2.7 billion; Pactiv Corporation’s Board of Directors on its sale to Reynolds Group Holdings Limited for $6.0 billion; Masonite International Corporation on its restructuring of approximately $2.7 billion of liabilities; and Continental AG on an unsolicited takeover offer by Schaeffler KG for $35.9 billion.
Biography of Jonathan Prather
Mr. Prather is a Partner at Perella Weinberg Partners. Most recently, he was a Managing Director in Goldman, Sachs & Co.’s Global Industrials Group, where he was responsible for the paper and forest products industry coverage and execution, including mergers and acquisitions and corporate finance advisory services, debt and equity financing, and other banking products. Prior to joining Goldman Sachs in 2006, Mr. Prather was a Director at UBS Investment Bank in the Global Industrials Group. Before joining UBS, he was a Financial Analyst at Simpson Investment Company, a privately-held paper and forest products company based in Seattle, WA. Mr. Prather received a Bachelor of Arts with honors from the University of Colorado in History and International Affairs and a Masters in Business Administration from Harvard Business School.
About Perella Weinberg Partners
Perella Weinberg Partners is a leading independent, client-focused financial services firm providing advisory and asset management services to a broad, global client base, including corporations, institutions and governments. The Advisory business advises clients on mergers, acquisitions, defense advisory, financial restructuring, private capital raising, and pension matters. The Asset Management business includes a suite of hedge fund strategies, private investment funds (including real estate) and outsourced CIO solutions. Together with its affiliates, the Asset Management business has capital commitments and managed assets of approximately $10.3 billion. With more than 400 employees, Perella Weinberg Partners maintains offices in New York, London, Abu Dhabi, Denver, Dubai, and San Francisco. For more information on Perella Weinberg Partners, please visit http://www.pwpartners.com.