Perella Weinberg Plans Blank-Check Firm for Women-Led Business

  • Date: 09-Sep-2020
  • Source: Bloomberg
  • Sector:Economy
  • Country:GCC
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Perella Weinberg Plans Blank-Check Firm for Women-Led Business

Perella Weinberg Partners, the investment bank founded by Joe Perella and Peter Weinberg, is planning to set up a blank-check company that focuses on finding a business owned and led by women.PWP Forward Acquisition Corp. will seek to raise about $200 million, according to a memo seen by Bloomberg News. Stacia Schlosser Ryan, the firm's co-head of consumer and retail as well as co-head of diversity and inclusion, will be chief executive officer of the special purpose acquisition