Perella Weinberg will open an office in Paris, its 12th location globally and second in Europe. David Azéma will lead the office.

Azéma joined the firm in 2017 as a London-based partner to expand the firm’s client coverage in France and build a local team of advisory professionals.

Though PWP has advised French clients since the firm’s inception, the Paris office will establish its first formal presence in continental Europe and expand the scale of PWP’s European advisory business.

Peter Weinberg, partner and co-head of Advisory at PWP, said, “Having a strong European DNA has been a crucial component of the firm since its founding. The size of our European business has grown steadily over the past 12 years and we are excited to expand our practice with a new office in Paris. This decision further demonstrates our commitment to investing in key geographies and will enable us to even better serve our French clients with a formal on the ground presence.”