Perella Weinberg Partners Announces Abu Dhabi Office Opening

Perella Weinberg Partners Announces Abu Dhabi Office Opening
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Published September 26th, 2010 - 08:16 GMT

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Perella Weinberg Partners, a leading financial services firm providing corporate advisory and asset management services to clients globally, today announced that it has opened its latest office in Abu Dhabi, United Arab Emirates. Today's announcement accompanies the recent addition of Jameel Akhrass and Nabil F. Lahham as Partners of the Firm. Mr. Akhrass and Mr. Lahham will focus on further growing the Firm's strategic advisory and asset management businesses across the Middle East region.

Joseph Perella, Chairman and Chief Executive Officer of Perella Weinberg Partners, said, "We are very pleased to be opening our Abu Dhabi office. This is an important development in our firm's continuing commitment to an exceedingly important region of the world, and we are enthusiastic about the growth prospects for both our advisory and asset management businesses."

Both Mr. Akhrass and Mr. Lahham join Perella Weinberg Partners from Nomura International plc, and have extensive advisory and investment management expertise in the Middle East. With 23 years of regional experience, Mr. Akhrass most recently served as Nomura's Vice Chairman of the Middle East & North Africa (MENA) region, and was also Head of MENA Investment Banking. Prior to joining Perella Weinberg Partners, Mr. Lahham was a Managing Director in Nomura's MENA Investment Banking group, where he was responsible for executing a wide range of in-region and cross-border transactions in multiple sectors. Mr. Akhrass and Mr. Lahham will work closely with New York-based Partners Tarek Abdel-Meguid and Amr M. Nosseir.

Peter Weinberg, a Founding Partner and head of the Firm's advisory business, said, "Jameel and Nabil are highly regarded and accomplished bankers who, along with Tarek and Amr, collectively have almost a century of regional and transactional banking experience. We have assembled an exceptionally senior team which we believe delivers an unmatched level of commitment to the region. Through them we have established a strong platform from which we will continue to serve clients in this important region."

Tarek Abdel-Meguid, a Founding Partner and head of the Firm's asset management business, added, "We believe in the positive secular growth outlook for the Middle East and in the associated opportunities for a firm with our business model. Amr, Jameel and Nabil have many years of experience working together in the region and I look forward to once again working alongside them in furthering our clients' interests."

Jameel Akhrass added, "Perella Weinberg Partners is known throughout the Middle East as a premier financial services firm with deep relationships and expertise. We look forward to leveraging our strong regional ties to further augment Perella Weinberg Partners' industry-leading capabilities."

Nabil Lahham stated, "We are thrilled to be re-united with many of our former colleagues, and are looking forward to working closely with them to help expand Perella Weinberg Partners' Middle East presence, and to deliver to our clients the high quality of service for which the firm is known."

In connection with the Firm's increased commitment to the region, Hesham Ali, who has been with Perella Weinberg Partners' asset management group for three years, will be responsible for marketing and investor relations as Head of Middle East Asset Management.

Amr Nosseir, a Founding Partner of the Firm, noted, "I am very excited about the firm's increased resource commitment to the Middle East franchise. Along with our physical presence in Abu Dhabi, we will have the depth and expertise to address the regional objectives of the firm's non-Middle East clients, as well as the business needs of our clients in the area." 

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