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Guggenheim Securities Hires Gunter Frangenberg to Expand Industrials Practice

NEW YORK, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Gunter Frangenberg will join the firm as a Senior Managing Director in the Industrials Group. Mr. Frangenberg will focus on advising companies in the chemicals sector, and will commence work at Guggenheim in July.

Mr. Frangenberg has over 15 years of advisory experience in the industrials sectors. He will be joining Guggenheim Securities from Jefferies Group, where he was a Managing Director and served as Americas Head of Chemicals Investment Banking. Prior to Jefferies, Mr. Frangenberg was a member of the Industrials groups at Bank of America Merrill Lynch and Deutsche Bank.

"We are looking forward to welcoming Gunter to our team at Guggenheim,” said Mark Van Lith, Co-CEO and Head of Investment Banking at Guggenheim Securities. “Gunter’s vast experience and deep industry expertise within the chemicals sector will further strengthen our industrials practice.”

Mr. Frangenberg earned his Ph.D. and JD in Law from Bonn University and his Masters in Law from Duke University.

About Guggenheim Partners

Guggenheim Partners is a global investment and advisory firm with more than $240 billion1 in assets under management. Across our three primary businesses of investment management, investment banking, and insurance services, we have a track record of delivering results through innovative solutions. With 2,500 professionals based in more than 25 offices around the world, our commitment is to advance the strategic interests of our clients and to deliver long-term results with excellence and integrity. We invite you to learn more about our expertise and values by visiting GuggenheimPartners.com and following us on Twitter at twitter.com/guggenheimptnrs.

1 Assets under management as of 12.31.2015 and include consulting services for clients whose assets are valued at approximately $47bn.

Media Contact Anthony Lacavaro Guggenheim Partners T: (212) 908 - 5098 E: Anthony.lacavaro@guggenheimpartners.com

Source:Guggenheim Securities