Is Ardea Partners the GS version of PWP?

Just saw a news article saying that GS Head of EMEA FIG M&A left GS for Ardea Partners. I checked the firm’s leadership most of which used to be top GS partners and their recent advisory roles - they are climbing BBG rankings quite fast and landed some big deals.

Given that PWP was founded by some of the most senior bankers from MS do you see Ardea growing to a PWP size in the future and competing with the other global EBs in the future?

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