PJT Partners
How Paul Taubman built PJT Partners into a top-tier restructuring and M&A advisory firm after spinning out of Blackstone.
Paul Taubman spent thirty years at Blackstone running M&A advisory for Stephen Schwarzman. The business generated billions. Taubman saw the opportunity clearly. Corporate restructuring was about to boom. Companies would need advisors who didn't have conflicts. In twenty fifteen he spun out and founded PJT Partners with one focused strategy. Restructuring and M&A. Taubman wasn't starting from zero. He brought institutional knowledge, client relationships, and an elite team. He wasn't diversifying into consulting or trading. He was going deeper. PJT would become the advisor companies called when stakes were highest and conflict-free thinking mattered most.
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