Perella Weinberg Partners has appointed Cem Koray as a managing director in its advisory business.
Based in New York, Koray will work closely with partner Joseph Gatto, providing strategic and financial advice to clients in the consumer products and retail sectors.
Koray has more than 10 years of investment banking experience in London and New York. He was most recently an executive director in JP Morgan’s consumer and retail investment banking group, where he advised a broad range of consumer products clients. During his tenure at JP Morgan, Koray advised on a number of notable transactions, including Altria Group on its acquisition of UST for USD11.7bn; White Rock Distilleries on its sale of Pinnacle Vodka and Calico Jack rum brands to Beam for USD605m; Coty on its USD1.0bn IPO; and Pernod Ricard on its sale of the Wild Turkey brand to Gruppo Campari for USD581m.
Peter Weinberg, a founding partner and head of advisory at Perella Weinberg Partners, says: “We are committed to providing clients first-rate, independent advice and to further enhancing our intellectual talent to meet the increasing need for objective advice on complex financial situations. Hiring Cem, an experienced consumer products banker, is consistent with this strategy, and we are excited to welcome him to Perella Weinberg Partners.”
Koray says: “Perella Weinberg Partners is a well-regarded independent advisory firm, known for its thoughtful, objective advice and strong execution capabilities. I look forward to working with Joe Gatto and this talented team of bankers as we continue to advise clients and further enhance our coverage of the consumer products space.”
