Guggenheim Capital Markets Opens Midwest Sales Office

NEW YORK, July 22 /PRNewswire/ -- Guggenheim Capital Markets, LLC ("GCM"),
a registered broker/dealer headquartered in New York City and a subsidiary of
Guggenheim Partners, LLC, today announced its launching of a Midwest sales
office, to operate out of Guggenheim Partners' headquarters in downtown
Chicago. The new team will enhance and expand coverage currently being
handled from GCM's New York and West Coast offices.
The Chicago sales team will be led by David Connelly, a seasoned veteran
who spent the past 24 years with Bear Stearns and was head of fixed-income
sales there for the past 17 years. He will be joined by Tom Unger, previously
with UBS AG, as well as JP Gagne, Robert Pritchett, Kevin Smith, and Brian
Vanselow, all of whom were previously with Bear Stearns. "We believe it an
opportune time to expand our level of service along with our expanding product
lines," said Ron Iervolino, head of GCM's sales and trading desk. "Dave along
with the rest of the team will be instrumental as we both broaden and deepen
our commitment to fixed income." Connelly added, "I'm delighted to join an
organization such as Guggenheim where the emphasis on innovation and client
service have produced such strong results, and look forward to helping the
firm continue its growth in fixed income."
Guggenheim Capital Markets, LLC is a broker/dealer focusing on sales and
trading of structured fixed-income products, raising debt and private equity
for middle market companies, and raising funds for private equity funds and
hedge funds. The firm differentiates itself by its focus on customer needs
and customization, utilizing an independent value-driven approach to fixed
income structuring and trading for institutional clients. Guggenheim
Partners, LLC offers financial services expertise within its asset management,
investment advisory, capital markets, institutional finance, and merchant
banking business lines. Our clients consist of an elite mix of individuals,
family offices, endowments, foundations, insurance companies, pension plans
and other institutions that together have entrusted the firm with supervision
of more than $100 billion in assets. A global diversified financial services
firm, Guggenheim Partners office locations include New York, Chicago, Los
Angeles, Miami, Boston, Philadelphia, St. Louis, Houston, London, Dublin,
Geneva, Hong Kong and Dubai. Additional information can be found at:
http://www.guggenheimpartners.com.
SOURCE Guggenheim Capital Markets, LLC

Jeffrey Kelley of Guggenheim Partners, +1-212-739-0655, or cell,
+1-312-480-9322, jeffrey.kelley@guggenheimpartners.com, for Guggenheim Capital
Markets, LLC