Centerview Partners
{{Short description|American investment banking firm}}
{{distinguish|Centerbridge Partners}}
{{Infobox company
| name = Centerview Partners
| logo = File:Centerview Partners logo.png
| type = Private ownership
| foundation = {{start date and age|2006}}
| location = 31 West 52nd Street
New York, New York, U.S.
| industry = Financial services
| products = Investment banking, mergers and acquisitions, restructuring, private equity
| homepage = {{URL|www.centerviewpartners.com}}
}}
Centerview Partners is an American independent investment banking firm founded in 2006. Centerview operates primarily as an investment banking advisory firm with approximately 80 partners and 500 professionals advising across various industries, geographies, transaction structures, and deal sizes.{{cite web|url=https://www.wsj.com/articles/centerview-resists-lure-of-record-ipo-market-11608719401|website=The Wall Street Journal |title=Centerview Resists Lure of Record IPO Market|date=December 23, 2020}}{{cite web |url=https://www.centerviewpartners.com/ourteammember.aspx|title=Our Team |publisher=Centerview Partners|access-date=June 24, 2019}}{{Cite news |last=Indap |first=Sujeet |last2=Fontanella-Khan |first2=James |date=2023-04-21 |title=US boutique adviser Centerview names first co-presidents |url=https://www.ft.com/content/c930321b-2ede-4d45-bb60-bebc95ee1cd1 |access-date=2025-04-23 |work=Financial Times}} The firm is headquartered in New York City with offices in London, Paris, Menlo Park and San Francisco.{{Cite web|title=Centerview Partners|url=http://www.centerviewpartners.com/|website=Centerview Partners|access-date=2020-05-12}}{{Cite news |last=Davis |first=Michelle |date=January 31, 2025 |title=Centerview Rehires Emlen Fischer as Partner From Battery Startup |url=https://www.bloomberg.com/news/articles/2025-01-31/centerview-rehires-emlen-fischer-as-partner-from-battery-startup |access-date=April 22, 2025 |work=Bloomberg}}
History
Centerview was founded in July 2006 by Blair Effron, former Vice Chairman of UBS AG, and Robert Pruzan, former CEO of Dresdner Kleinwort Wasserstein North America and President of Wasserstein Perella & Co.{{cite web |url=https://www.businessinsider.com/the-little-guys-are-winning-on-wall-street-2016-9|title=The little guys are winning on Wall Street |publisher=Business Insider |date=September 8, 2016}}{{cite web |url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=93457&privcapId=28280440&previousCapId=34284577&previousTitle=Associated%20Partners%20GP,%20L.P.|title=Robert Alan Pruzan|publisher=Bloomberg |date=May 15, 2019}} In 2010, Robert E. Rubin, former U.S. Secretary of the Treasury, joined the firm as Counselor.{{cite web|last=DEALBOOK|title=Rubin to Join Centerview, a Young Firm|url=https://dealbook.nytimes.com/2010/08/12/rubin-to-join-centerview-a-young-firm/|work=The New York Times|access-date=26 February 2012}} In 2019, Rahm Emanuel joined the firm to launch the Chicago office.{{cite web|url=https://www.wsj.com/articles/rahm-emanuel-ex-chicago-mayor-is-going-to-wall-street-11559760420|website=The Wall Street Journal |title=Rahm Emanuel, Ex-Chicago Mayor, Is Going to Wall Street|date=June 5, 2019}} In 2023, Richard N. Haass, former president of the Council of Foreign Relations, joined the firm as Senior Counselor.{{Cite news |last=Baker |first=Liana |date=September 12, 2023 |title=Centerview Partners Hires Former Council of Foreign Relations Chief Haass |url=https://www.bloomberg.com/news/articles/2023-09-12/centerview-partners-hires-former-council-of-foreign-relations-chief-haass?embedded-checkout=true |access-date=April 14, 2025 |work=Bloomberg}} In 2025, Reince Priebus, former White House Chief of Staff and Chairman of the Republican National Committee, joined the firm as Senior Advisor.{{Cite news |last=Hoffman |first=Liz |date=March 11, 2025 |title=Democrats’ favorite Wall Street firm hedges its political bets with Trump hire |url=https://www.semafor.com/article/03/10/2025/boutique-investment-bank-centerview-partners-is-hiring-reince-priebus-trump-former-chief-of-staff |access-date=April 14, 2025 |work=Semafor}}
In 2024, The Wall Street Journal cited Centerview as the investment bank with the fourth highest M&A revenue in the U.S.{{Cite web |last=Thomas |first=Lauren |title=Exclusive {{!}} Centerview Partners Considers a Deal of Its Own After Record Year |url=https://www.wsj.com/finance/centerview-partners-bank-deals-3c24db25 |access-date=2025-04-23 |website=WSJ |language=en-US}} The firm has also consistently ranked well as a top investment bank to work for,{{Cite web |title=Best Banks to Work For {{!}} Top 25 Rated Banks and Firms |url=https://vault.com/best-companies-to-work-for/banking/best-banks-to-work-for-top-25 |access-date=2025-04-23 |website=Vault |language=en}} in part for its high compensation relative to the industry, including to first year analysts.{{cite web |date=February 23, 2022 |title=Goldman Sachs bonuses were big, but not the biggest |url=https://www.efinancialcareers.com/news/2022/02/goldman-sachs-bonuses |publisher=eFinancialCareers}}{{cite web |date=January 11, 2022 |title=Boutique Centerview tops junior pay hikes with $130,000 starting salary |url=https://www.fnlondon.com/articles/boutique-centerview-tops-junior-pay-hikes-with-130000-starting-salary-20220111 |publisher=Financial News London}}
In 2024, Centerview ranked fourth among all banks for mergers and acquisitions revenue in the U.S. As of 2025, the firm was rated "No. 1 Investment Bank to Work For" by Vault for six consecutive years.{{cite web |date=January 28, 2020 |title=50 Best Investment Banks to Work For in 2020 |url=https://www.vault.com/blogs/in-the-black-vaults-finance-careers-blog/50-best-investment-banks-to-work-for-in-2020 |publisher=Vault}}
Management
Before 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.{{cite web |url=https://www.cnbc.com/id/43839816|title='Bold' M&A Now Key Corporate Strategy: Advisor |publisher=CNBC|date=July 21, 2011}} In 2006, Effron announced he was leaving UBS to form a new boutique investment banking firm.{{cite web |url=https://blogs.wsj.com/deals/2012/04/26/another-ubs-banker-leaves-in-london/|title=Another UBS Banker Leaves in London|publisher=The Wall Street Journal|date=April 26, 2012}}
Before 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. He is a former member of McKinsey & Company where he specialized in strategic consulting for consumer products companies and financial institutions.{{cite web |url=https://mergr.com/bank/centerview-partners-llc/robert-a.-pruzan|title=Robert A. Pruzan|publisher=Mergr|date=May 25, 2019}}
See also
References
{{reflist}}
External links
- [http://www.centerviewpartners.com/ Centerview Partners]. (Company website)
{{Major investment banks}}
{{private equity firms}}
Category:Investment banks in the United States
Category:Financial services companies established in 2006
Category:Banks established in 2006