The boutique investment bank Perella Weinberg Partners has hired Joseph D. Gatto as a partner and senior banker focused on the consumer and industrial sectors. A veteran deal maker, Mr. Gatto most recently worked at Barclays.
The move is one of the most prominent recent appointments by the firm, as it seeks to become a bigger competitor to more established rivals.
Until his retirement last year, Mr. Gatto was chairman of investment banking for the Americas at Barclays. He joined the British firm when it bought the bulk of Lehman Brothers‘ North American operations out of Chapter 11, and he had previously served as a co-head of corporate finance at the American investment bank.
Mr. Gatto began his nearly three-decade career at Goldman Sachs, where he started as a mergers specialist and made partner in 1994. It was there that he began working with Peter Weinberg, one of Perella Weinberg's founders and a scion of Goldman's prominent Weinberg family.
“Perella Weinberg Partners is a firm of highly experienced bankers known for providing exceptional independent advice to decision makers globally,†Mr. Gatto said in a statement. “I look forward to rejoining Peter and working with Joe and the other advisory professionals.â€
Mr. Weinberg said: “I have known Joe for 25 years. He is a highly regarded senior banker who is deeply committed to putting his clients first and providing them with honest, savvy counsel.â€
