Finance

A lot of people are going to get rich(er) at this tiny Wall Street firm

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Blair Effron
Blair Effron, cofounder of Centerview Partners.  Screenshot/CNBC

Centerview Partners, the New York-based boutique advisory firm led by Blair Effron, just keeps winning business from marquee names in corporate America.

The firm has landed roles on some of the biggest deals of the year, and is lead adviser to General Electric on its big deal with Baker Hughes.

The firm has long had a relationship with GE, with partners Adam Beshara, Anthony Kim and David Cohen all advising the industrial giant on various asset sales in the past. 

Centerview will split $25 million to $35 million in fees with Morgan Stanley on the GE deal, according to estimates from advisory firm Freeman & Co. 

That role on the GE transaction follows a big week last week, where Centerview was named as an adviser on British American Tobacco's $47 billion bid for Reynolds American, and as an adviser to the board of Qualcomm on its $47 billion deal for NXP. 

The firm hauled in more than $300 million in revenue from M&A deals in the US in the first nine months of the year, according to estimates from Dealogic. That was good enough for eighth in the revenue rankings, narrowly behind Credit Suisse and ahead of the likes of Jefferies, Deutsche Bank, Lazard and UBS. 

To put that into context, Centerview lists 34 partners on its website. That works out at close to $1o million in revenue per partner for the first nine months of the year. And that figure doesn't include any fees that come from the GE, British American Tobacco and Qualcomm transactions. 

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Matt was the Deputy Editor-in-Chief at Business Insider, leading a newsroom of reporters and editors spanning from Singapore to Seattle. He started at Business Insider in July 2015 as Finance Editor, before helping build its markets, investing, healthcare, and advertising teams. He was a part of the launch team for Markets Insider, a markets news and data site, and Insider's subscription offering, which now spans the newsroom. He was previously the US editor at Dow Jones-owned title Financial News. He also led the investment-banking team at Financial News in London. Matt's work has appeared in The Wall Street Journal.Matt also finished the Marathon des Sables, a 160 mile race through the Sahara dubbed "The toughest footrace on earth."