Andrew Bednar
| Andrew Bednar | |
|---|---|
| Born | |
| 🏳️ Nationality | American |
| 🎓 Alma mater | Cornell University Columbia University |
| 💼 Occupation | |
| 👔 Employer | Perella Weinberg Partners |
Andrew Bednar is an American finance executive.[1] He joined Perella Weinberg Partners as a partner in New York in 2006, when the firm was founded. The firm provides M&A advisory and alternative asset management services. Prior to joining Perella Weinberg Partners, he served as head of US M&A at Bank of America, and previously spent seven years at Goldman Sachs as a managing director and senior M&A professional.[2][3]
Education[edit]
Bednar received a Bachelor of Science and a master's degree in business administration from Cornell University, and also received a Juris Doctor from Columbia University.[3]
Business career[edit]
Bednar is a partner at M&A advisory and alternative asset management services firm Perella Weinberg Partners, in New York.[4][5][6] Since joining the firm when it was founded in 2006, he has advised on a number of mergers and acquisitions, including multiple stock exchanges on mergers. Notably, he advised Deutsche Börse Group on its proposed merger with the London Stock Exchange and on the sale of International Securities Exchange to NASDAQ; and NYSE on its sale to Intercontinental Exchange and on its announced merger with Deutsche Boerse, as well as on takeover defense of an unsolicited joint bid from NASDAQ and Intercontinental Exchange.[1][7][8][9][10][11]
Bednar has been an advisor in sales of retail consumer brands, and also has advised clients in industries, including Transportation, Healthcare, and Technology, including OMI Corporation on exploring strategic alternatives, which ultimately led to its sale to Teekay & Torm, and Norwegian Cruise Line on its $3 billion acquisition of Prestige Cruises.[12][13]
Prior to joining Perella Weinberg Partners, Bednar was head of U.S. Mergers & Acquisitions at Bank of America. Previously, Bednar was a managing director and senior M&A professional at Goldman Sachs. Prior to Goldman Sachs, Bednar was an M&A professional with Salomon Brothers, and began his career as an attorney with Cravath, Swaine & Moore.[2]
Previously, Bednar launched a food business called "New York Bagels" in Budapest, Hungary, with two business partners. The first shop opened in 1993.[14][15][16]
Bank of America[edit]
As Head of US M&A at Bank of America, Bednar was responsible for new business development, transaction execution, product policies, and management of personnel. Additionally, he was a member of the Global Investment Banking Leadership Team and the Fairness Review Committee.[3][17]
Goldman Sachs[edit]
During his tenure with Goldman Sachs, Bednar led the execution of several M&A transactions across a broad range of industries, including energy, technology and real estate.[3]
References[edit]
- ↑ 1.0 1.1 David Rothnie (April 19, 2016). "Perella Weinberg's Andrew Bednar Drives Stock Exchange Megadeals". Institutional Investor.
- ↑ 2.0 2.1 "Perella Weinberg Hires Bank of America's U.S. M&A Head". New York Times. August 2, 2006.
- ↑ 3.0 3.1 3.2 3.3 "Company Overview of Perella Weinberg Partners LP". Bloomberg. November 17, 2017.
- ↑ "Trillion-dollar merger & acquisition quarter makes a return". The Denver Post. June 11, 2014.
- ↑ David Welch and Serena Saitto (January 20, 2013). "Activist funds to spur dealmaking surge". St. Louis Post-Dispatch.
- ↑ "Fewest Takeovers Since 2009". San Francisco Chronicle. January 20, 2013.
- ↑ "M&A Outlook for 2012". CNBC. February 24, 2012.
- ↑ Gina Chon and Anupreeta Das (February 9, 2011). "Big Board, Big Deal: Perella Weinberg Is NYSE's Sole Adviser". The Wall Street Journal.
- ↑ Anita Raghavan (June 2, 2016). "Former Morgan Stanley Deal Makers Reunite on Exchange Merger". The New York Times.
- ↑ "Host of advisers jostle for $85 mln fees from LSE-Deutsche Boerse deal". Reuters. March 16, 2016.
- ↑ Andreas Kröner and Anjuli Davies (February 25, 2016). "Deutsche Boerse, LSE woo governments, do homework to win merger support". Reuters.
- ↑ Joshua Hamerman (March 26, 2007). "OMI Ogles Options". Mergers & Acquisitions.
- ↑ "Cravath Represents Norwegian Cruise in $3B Deal". LawDragon. September 2, 2014.
- ↑ Peter Maass (July 21, 1993). "Go East, Young Grads, Go East". The Washington Post.
- ↑ Sharon McDonnell (June 12, 1995). "Bagel Makers Earn Dough Selling Noshes In Hungary: NY Entrepreneurs rise above bureaucracy". Crain's New York Business.
- ↑ William Echikson (October 17, 1994). "Young Americans Go Abroad to Strike It Rich". Fortune.
- ↑ "M&A Pay Up for US Seniors, European Juniors". eFinancial. April 5, 2005.
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