Perella forms alliance with Mitsubishi
The worst secret on Wall Street is that Joseph Perella is forming his own boutique. A better secret is what the firm will actually be named. No news there. But there is news of an alliance between Perella's firm and Mitsubishi UFJ Securities. The alliance involves a $100 million investment by Mitsubishi. A formal announcement of the firm's details seems fairly close. Most people expect the firm to be an instant powerhouse, raising some obvious questions (see next item).
> Here's a New York Times article.
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