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Centerview Partners

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Not to be confused with Centerbridge Partners.
Centerview Partners
Company typePrivate Ownership
IndustryFinancial services
Founded2006; 18 years ago (2006)
Headquarters31 West 52nd Street
New York, New York, United States
ProductsInvestment banking, Mergers and acquisitions, Private Equity
Total assets$485 million
Websitewww.centerviewpartners.com

Centerview Partners is an American independent investment banking and private equity investment firm. Centerview operates primarily as an investment banking advisory firm. The firm offers mergers and acquisitions advisory, takeover defense, capital allocation and divestitures services. The firm also operates as a financial sponsor in certain private equity transactions. In 2007, the firm raised its first investment fund with $485 million of commitments from institutional investors.

Founded in 2006 by a group of senior investment bankers, the firm is headquartered in New York City with offices in London, Los Angeles, Palo Alto and San Francisco.

History

Centerview was founded in July 2006 and is currently led by, Blair Effron, former Vice Chair of UBS AG, and Robert Pruzan, former CEO of Dresdner Kleinwort Wasserstein North America and President of Wasserstein Perella.[1][2] Additional Centerview co-founders included Stephen Crawford, former co-president at Morgan Stanley, and Adam Chinn, former partner at Wachtell Lipton.[3] James M. Kilts former CEO of Gillette, heads the firm's private equity fund.[4] In 2010, Robert E. Rubin, former U.S. Secretary of the Treasury, joined the firm as Counselor.[5]

Management

Prior to co-founding Centerview, Effron was Group Vice Chairman of UBS AG and a member of the Board of UBS Investment Bank, where he also sat on several management committees and advised Gillette on its $57 billion sale to Procter & Gamble, which was the largest M&A transaction of 2005.[6] In 2006, Effron announced he was leaving UBS to form a new boutique investment banking firm.[7]

Prior to co-founding Centerview, Pruzan was Head of Global Investment Banking and CEO of North America at Dresdner Kleinwort Wasserstein and President of Wasserstein Perella & Co.[2] He is a former member of McKinsey & Company where he specialized in strategic consulting for consumer products companies and financial institutions.[8]

Recent Activities

Since its founding, the firm has advised on more than $1.5 trillion in transactions.[citation needed]

In 2009 and 2010, the firm was rated "No. 1 Investment Bank to Work For" by Vault.[citation needed]

In 2016, the firm was rated "No. 3 Investment Bank to Work For" by Vault. [9]

References

  1. ^ "The little guys are winning on Wall Street". Business Insider. September 8, 2016.
  2. ^ a b "Robert Alan Pruzan". Bloomberg. May 15, 2019.
  3. ^ "Ex-Morgan Stanley Executive Named Capital One CFO". The Wall Street Journal. February 1, 2013.
  4. ^ Three Senior Wall Street Professionals Announce Formation of Centerview Partners.
  5. ^ DEALBOOK. "Rubin to Join Centerview, a Young Firm". The New York Times. Retrieved 26 February 2012.
  6. ^ "'Bold' M&A Now Key Corporate Strategy: Advisor". CNBC. July 21, 2011.
  7. ^ "Another UBS Banker Leaves in London". The Wall Street Journal. April 26, 2012.
  8. ^ "Robert A. Pruzan". Mergr. May 25, 2019.
  9. ^ http://www.vault.com/company-rankings/banking/vault-banking-50
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