Perella Weinberg Partners (PWP) and Tudor, Pickering, Holt & Co. (TPH) have agreed to merge, confident that together they can jumpstart growth with a combined $12 billion in assets under management. The agreement's financial terms weren't disclosed in a Nov. 14 press release. The transaction would add nearly $2 billion of assets under management to PWP's asset management business and accelerate growth through the combination of TPH's energy investment offerings and PWP's asset management business.
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