Richard Sherlund, a former Goldman Sachs partner and a member of Institutional Investor’s All-America Research Team Hall of Fame, has joined investment bank and asset manager Perella Weinberg Partners as a partner in its advisory business, charged with expanding the firm’s technology practice.
Sherlund, who left Goldman in 2007 after 25 years, was the No. 1-ranked software analyst on II’s list for 17 years. He most recently worked at Barclays, where he had served as chairman of software investment banking since 2015.
Sherlund — who focused on enterprise technology such as machine learning and the internet of things while at Barclays — will be based in San Francisco and will also work alongside tech guru Walter Isaacson, president and CEO of the Aspen Institute, a non-partisan think tank. Isaacson will become an advisory partner at Perella Weinberg when he retires from the Institute later this year. Perella Weinberg is an independent firm providing advisory, asset management, research, underwriting, and trading services. Sherlund also will advise the firm’s clients on the impact of technology and how to compete in a digital world.
Sherlund is a member of the AART Hall of Fame, created in 2011. The Hall of Fame honors analysts who have appeared in the No. 1 spot for 10 or more years. In 2011, 14,934 individuals had appeared on the list since its inception. Only 49 analysts, or one third of one percent of the total, had appeared 10 or more times on the list from the time II first published the rankings until the Hall of Fame’s creation in 1972.
[II Deep Dive: Hall of Fame Analysts Look Ahead]
After Goldman, Sherlund joined the now-defunct Galleon Group, managing the hedge fund firm’s technology stocks portfolio for a year. Sherlund left Galleon, which was later at the center of an insider trading scandal, to found technology-focused hedge fund Ketchem Creek Capital in November 2008. Ketchem shut down in early 2011 when Sherlund decided to work for Nomura Securities as director of technology research.
