0001564590-15-008401.txt : 20151015 0001564590-15-008401.hdr.sgml : 20151015 20151015080017 ACCESSION NUMBER: 0001564590-15-008401 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20151015 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20151015 DATE AS OF CHANGE: 20151015 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PJT Partners Inc. CENTRAL INDEX KEY: 0001626115 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 364797143 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36869 FILM NUMBER: 151159212 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154 BUSINESS PHONE: 212-583-5000 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154 FORMER COMPANY: FORMER CONFORMED NAME: Blackstone Advisory Inc. DATE OF NAME CHANGE: 20141120 8-K 1 pjt-8k_20151015.htm 8-K pjt-8k_20151015.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

—————————

FORM 8‑K

—————————

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 15, 2015

—————————

PJT Partners Inc.
(Exact name of registrant as specified in its charter)

 

Delaware

001‑36869

36-4797143

(State or other jurisdiction
of incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

280 Park Avenue
New York, New York

10017

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (212) 364-7800

Not Applicable
(Former name or former address, if changed since last report.)

—————————

Check the appropriate box below if the Form 8‑K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

£

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

£

Soliciting material pursuant to Rule 14a‑12 under the Exchange Act (17 CFR 240.14a‑12)

 

£

Pre‑commencement communications pursuant to Rule 14d‑2(b) under the Exchange Act (17 CFR 240.14d‑2(b))

 

£

Pre‑commencement communications pursuant to Rule 13e‑4(c) under the Exchange Act (17 CFR 240.13e‑4(c))

 

 

 

 

 


 

Item 7.01Regulation FD Disclosure.  

On October 15, 2015, PJT Partners Inc. issued a press release regarding the third quarter 2015 financial results of the PJT Partners businesses included in the Financial Advisory segment of The Blackstone Group L.P.

A copy of the press release is attached hereto as Exhibit 99.1. The information contained under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)Exhibits.

 

Exhibit

Number

 

Description

99.1

 

Press release of PJT Partners Inc. dated October 15, 2015.

 

 

 

 


 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

PJT Partners Inc.

 

By:

 

/s/ Helen T. Meates

 

Name: Helen T. Meates

 

Title: Chief Financial Officer

Date: October 15, 2015

 


 


 

EXHIBIT INDEX

 

Exhibit

Number

 

Description

99.1

 

Press release of PJT Partners Inc. dated October 15, 2015.

 

 

EX-99.1 2 pjt-ex991_6.htm EX-99.1 pjt-ex991_6.htm

Exhibit 99.1

 

PJT Partners Inc. Comments on Third Quarter PJT Partners Results

Included in Blackstone’s Financial Advisory Segment

New York, October 15, 2015: PJT Partners Inc. (“PJT Partners”) (NYSE: PJT) today commented on the release of The Blackstone Group L.P.’s (“Blackstone”) third quarter 2015 financial results, including the financial results for Blackstone’s Financial Advisory reporting segment. The Financial Advisory segment comprised the PJT Partners businesses that were separated from Blackstone on October 1, 2015, namely the financial and strategic advisory services, restructuring and reorganization advisory services and Park Hill Group businesses, as well as the capital markets services business that was retained by Blackstone.

PJT Partners expects to report its third quarter 2015 financial results as a stand-alone company in mid-November 2015. As was stated in the Information Statement contained in PJT Partners’ Form 10 Registration Statement, as filed with the Securities and Exchange Commission on September 2, 2015, PJT Partners’ total revenues for the third quarter of 2015 are expected to be significantly higher than the third quarter of 2014. Total revenues for the fourth quarter of 2015 are expected to be significantly lower than the fourth quarter of 2014 and as a whole, PJT Partners anticipates a slight increase in total revenues for the year ending December 31, 2015 compared to the year ended December 31, 2014.

About PJT Partners

PJT Partners is a global independent financial advisory firm. Our veteran team of professionals, including our 46 partners, delivers a wide array of strategic advisory, restructuring and reorganization and fund placement and secondary advisory services to corporations, financial sponsors, institutional investors and governments around the world. We offer a balanced portfolio of advisory services designed to help our clients realize major corporate milestones. We also provide, through Park Hill Group, fund placement and secondary advisory services for alternative investment managers, including private equity funds, real estate funds and hedge funds. To learn more about PJT Partners, please visit the company’s website at www.pjtpartners.com.

Safe Harbor Statement

Certain material presented herein contains forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include the information concerning PJT Partners’ possible or assumed future results of operations, business strategies, financing plans, competitive position, potential growth opportunities, potential operating performance improvements, benefits resulting from the separation of PJT Partners from Blackstone and its combination with PJT Capital LP, the effects of competition and the effects of future legislation or regulations. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words “believe,” “expect,” “plan,” “intend,” “anticipate,” “estimate,” “predict,” “potential,” “continue,” “may,” “might,” “should,” “could” or the negative of these terms or similar expressions.

Forward-looking statements involve risks, uncertainties and assumptions. Actual results may differ materially from those expressed in such forward-looking statements. You should not put undue reliance on any forward-looking statements contained herein. PJT Partners has no intention or obligation to update forward-looking statements.

The risk factors discussed in the “Risk Factors” section of PJT Partners’ Information Statement, as well as the other filings of PJT Partners with the Securities and Exchange Commission, could cause the results of PJT Partners to differ materially from those expressed in forward-looking statements. There may be other risks and uncertainties that PJT Partners is unable to predict at this time or that are not currently expected to have a material adverse effect

1


on their business. Any such risks could cause the results of PJT Partners to differ materially from those expressed in forward-looking statements.

Investor Relations Contact

 

Sharon Pearson
PJT Partners Inc.
Tel: +1 (212) 364-7120
pearson@pjtpartners.com

Media Contact

 

Steve Frankel / Jonathan Keehner / Julie Oakes

Joele Frank, Wilkinson Brimmer Katcher

Tel: +1 (212) 355-4449

2

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