Perella Weinberg Moves into Infrastructure

Perella Weinberg is moving into infrastructure investments and bringing on Rod Parsley to lead those efforts. Parsley has come a partner in the firm to manage a portfolio of water and resource infrastructure assets. He will be based in New York.

Before joining Perella Weinberg, Parsley was portfolio manager of a fund focused on water-industry investments. He has also served as chief financial officer of PaperExchange, was vice president of IFP Financial Risk Management and a consultant with McKinsey and Co. He received an MBA from Harvard Business School and a B.A. from Pomona College.

Earlier this week, Perella Weinberg named Leon Bressler a partner and said he will run a joint venture with the New York real estate firm Fisher Brothers. The venture will raise funds for a series of real estate investments.