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| Company type | Private |
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| Industry | Financial services |
| Founded | June 2015; 9 years ago (2015-06) |
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Number of employees | 45 (2022) |
| Website | www |
Ducera Partners (Ducera) is an Americanboutique investment bank that has a focus on advising companies regardingrestructuring matters. Through its affiliate partners, it is also involved withwealth management andgrowth capital. Headquartered in New York, it has additional offices inLos Angeles,San Francisco andStamford.
Founded in 2015 by bankers who had previously worked forPerella Weinberg Partners (PWP), Ducera has since been engaged in legal disputes with PWP.
Ducera was co-founded in 2015 by partners Michael Kramer, Derron Slonecker, Joshua Scherer, Agnes Tang, and Adam Verost.[1][2] Kramer, Slonecker, Scherer and Verost had been colleagues at PWP, and were fired and sued by PWP, who claimed to have discovered their plan to leave and start their own firm. Kramer and his colleagues filed acountersuit fordefamation and wrongful seizing ofequity, in addition to denying their plan to leave.[3] In 2016, theNew Yorkstate court dismissed some of the compensation claims of Ducera's co-founders while allowing their allegations of defamation and interference of business prospects to move forward.[4]
In 2015, Ducera restructured $72 billion worth of debt for a group ofPuerto Rico Government Development Bank bondholders.[5] In 2016, Ducera andMorgan Stanley advisedMonsanto on its sale toBayer for US$66 billion, of which Ducera was stated to have taken in $50 million in fees.[6]
