Full text of PJT PARTNERS LP's X-17A-5 filed 2021-02-26 (period 2020-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # PJT PARTNERS LP (SEC I.D. No. 8-69442) # STATEMENT Of FINANCIAL CONDITION AS Of DECEMBER 31, 2020 AND REPORT OF ll'DEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM \*\*\*\*\*\*\* Filed pursuan<sup>t</sup> to Rule 17a-5(e)(3) under the Securities Exchange Act of 1934 as <sup>a</sup> PUBLIC DOCUMENT. {1}------------------------------------------------ # DeI0itte• Deloitte & Touche LLP Tel: 12124924000 Fax: 1 212 489 1687 www.deloitte.com ## REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Partners of PiT Partners LP ## Opinion on the Financial Statement We have audited the accompanying statement of financial condition of PJT Partners LP (the 'Partnership), as of December 31, 2020, and the related notes (collectively referred to as the 'financial statement'). In our opinion, the financial statement presents fairly, in all material respects, the financial position of PiT Partners LP as of December 31, 2020, in conformity with accounting principles generally accepted in the United States of America. # Emphasis of Matter As discussed in Note <sup>1</sup> to the financial statement, upon receipt of regulatory approval, on August 31, 2020, Park Hill Group LLC merge<sup>d</sup> with and into PiT Partners LP and the net assets of Park Hill Group LLC were transferred to PiT Partners LP at their respective carrying values. #### Basis for Opinion The financial statement is the responsibility of the Partnership's management. Our responsibility is to express an opinion on the Partnership's financial statement based on our audit. We are <sup>a</sup> public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respec<sup>t</sup> to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statement is free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statement, whether due to error or fraud, and performing procedures that respon<sup>d</sup> to those risks. Such procedures included examining, on <sup>a</…Read the full text as markdown