PWP divides Professional Partners into three entities in internal reorganization

Perella Weinberg Partners

On Dec 31, 2023, the aggregator partnership was split into VoteCo, AdCo, and AmCo Professionals.
No consideration exchanged; partner rights and economic interests in PWP OpCo unchanged.
AdCo Professionals now holds PWP OpCo interests; a merger with OpCo is under consideration.
Reorganization simplifies ownership structure; no impact on public shareholders reported.

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