Paul Taubman’s PJT Eyes Saudi Arabia Growth After deNovo Deal

Paul Taubman Photographer: Jeenah Moon/Bloomberg
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Wall Street advisory firm PJT Partners plans to increase its headcount in Saudi Arabia following the acquisition of Dubai-based deNovo Partners, founder Paul Taubman told Bloomberg TV in an interview.

DeNovo earlier this year secured a license to operate in the kingdom, joining prominent boutique firms including Moelis & Co. and Rothschild & Co. to formally enter a market that increasingly plays a major role in global finance.