Michael McCormack Joins Guggenheim Securities as Telecommunications Senior Analyst

NEW YORK, Dec. 01, 2017 (GLOBE NEWSWIRE) -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Michael McCormack has joined the firm as a Senior Analyst and Managing Director to cover telecommunications, expanding institutional research capabilities in the TMT sector.

Mr. McCormack will draw upon approximately 20 years of telecommunications research experience in providing analysis to clients of the firm’s growing TMT practice. His prior senior analyst roles include working at Jefferies, Nomura, J.P. Morgan, and Bear Stearns. Mr. McCormack has also been named to Institutional Investor magazine’s “All-America Research Team” five times in the TMT sector.

“We are excited to welcome Michael to Guggenheim,” said Stefano Natella, Director of Equity Research. “His deep industry knowledge and long-standing reputation as an expert on telecommunications will augment the strength of our TMT research team. We look forward to his continued success at Guggenheim.”

Mr. McCormack received his M.B.A. from Columbia University and his B.A. from St. Lawrence University; he is also a CFA charterholder. Mr. McCormack is based in Guggenheim’s New York office.

About Guggenheim Securities
Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, Los Angeles, San Francisco, and Houston. For more information, please contact us at GSinfo@GuggenheimPartners.com or 212.518.9200.

About Guggenheim Partners
Guggenheim Partners is a global investment and advisory firm with more than $295 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 over 2,300 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.

1Assets under management are as of 09.30.2017 and include consulting services for clients whose assets are valued at approximately $63bn.

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Ellen Cunningham
Guggenheim Partners

Source:Guggenheim Securities