COMPANIES

Guggenheim Partners

Office address: 330 Madison Avenue, New York, NY 10017; 227 West Monroe Street
Chicago, IL 60606
Website: guggenheimpartners.com
Year established: 1999
Company type: financial services
Employees: 2,200+
Expertise: fixed income, equities, alternatives, advisory solutions, investment banking, capital markets, financing, sales and trading, research, investment consulting, funding and liquidity solutions, commercial real estate investments
Parent company: N/A
Key people: Mark Walter (CEO); Andrew Rosenfield, Dina DiLorenzo, Robert Khuzami, Tom Irvin, Peter Lawson-Johnston, and David Rone (managing partners)
Financing status: privately held company

Guggenheim Partners is a global investment and advisory firm based in Chicago and New York. The company manages more than $350 billion in assets as of September 30, 2025. It operates through Guggenheim Investments and Guggenheim Securities with more than 2,200 professionals.

History of Guggenheim Partners

The company was founded in 1999 by Peter Lawson-Johnston II with $30 million of family money. Lawson-Johnston is the great-grandson of Solomon Guggenheim, an American industrialist.

The firm was created to bring the Guggenheim name back to Wall Street after decades away from finance. It started as a boutique financial company modeled after the classic partnerships of the past. The company’s heritage, however, stretches back more than a century.

Roots in the 1800s

Guggenheim Partners traces its origins to 1881 when Meyer Guggenheim invested $5,000 in Colorado lead and silver mines. The family business expanded quickly and controlled more than 80 percent of the world’s silver, copper, and lead by World War I.

M. Guggenheim’s Sons was established in 1882 by Meyer and his seven sons. It then became Guggenheim Brothers. The family enterprise introduced mining industry reforms in 1912, including pension plans and employee healthcare.

Beyond mining

The Guggenheim business interests expanded into aerospace, media, and art over the following decades. Family member Daniel Guggenheim also funded Robert Goddard’s rocket research in 1929, which eventually led to modern rocketry.

As of 2025, Guggenheim Partners has grown from its boutique roots into a global investment banking and advisory firm with more than $350 billion AUM. The company also offers specialized services in real estate, healthcare, and institutional finance.

Guggenheim Partners products and services

Guggenheim Partners delivers investment management and banking services through two main businesses and three additional units:

Primary businesses

  • Guggenheim Investments: asset management and advisory in fixed income, equities, and alternatives
  • Guggenheim Securities: investment banking, capital markets, financing, sales, trading, and research

Additional businesses

  • Asset Consulting Group: investment consulting for healthcare systems, pensions, foundations, and endowments
  • Institutional Finance: funding and liquidity solutions for institutions
  • Retail Real Estate Partners: net-leased commercial real estate investments for retailers

The firm serves governments, institutions, and individuals with complex financial needs. Guggenheim Partners focuses on long-term results and helping clients reach their financial goals.

Culture and corporate values

The firm states that inclusive and equitable practices align with its guiding principles. Guggenheim Partners aims to deliver results while fostering a diverse, performance-driven culture. According to the company, its culture is built on six core values:

  • integrity
  • innovation
  • excellence
  • talent
  • entrepreneurship
  • stewardship

Guggenheim Partners states it focuses on solving complex problems creatively. The firm expects staff to uphold high standards and take personal accountability. It offers the following workplace benefits to support its people:

  • training and development: programs available at all levels of the organization
  • work-life balance: the firm strives to create healthy balance for staff
  • compensation: base salary varies by location and experience, plus incentives
  • equal opportunity: hiring regardless of race, gender, religion, disability, or veteran status

The company also links its diversity and inclusion strategy directly to business performance. It supports veterans through GIVE, or Guggenheim Invests in Veterans Everyday.

About CEO Mark Walter and key people

Mark Walter leads as Guggenheim Partners’ CEO and heads TWG Global, an international conglomerate. Walter has made headlines for sports deals, including the $10 billion purchase of the Los Angeles Lakers. He studied business at Creighton University and law at Northwestern University.

Guggenheim Partners’ executive leadership team includes the following:

  • Andrew Rosenfield serves as president and managing partner, overseeing the firm’s senior roles and business units
  • Dina DiLorenzo is managing partner and president of Guggenheim Investments, leading strategic direction and day-to-day asset management operations
  • Tom Irvin works as managing partner and co-founder, serving on financial planning and diversity initiatives
  • Robert Khuzami serves as acting general counsel and managing partner, supervising the firm’s legal and compliance activities
  • Peter Lawson-Johnston is managing partner, bringing the Guggenheim family legacy to the firm
  • David Rone works as managing partner, overseeing strategic direction and governance of investment operations

The leadership team guides the firm’s strategic direction and runs its businesses. They also set the tone for Guggenheim Partners’ company culture.

The future at Guggenheim Partners

Guggenheim Partners made headlines when CEO Mark Walter acquired the NBA’s LA Lakers, one of the largest sports deals in history. Although sports didn’t rank among the top three private-market opportunities in 2024–25, it still draws interest from roughly 17 percent of asset managers. This positions Guggenheim to benefit as more advisors and institutions look to sports as part of their alternative investment strategies.

Guggenheim’s Mark Walter also has a stake in the booming annuities market. Walter owns annuity providers Delaware Life and Gainbridge through his insurance holding company Group 1001. With US annuity sales nearly doubling from $219 billion in 2020 to $434 billion in 2024, Guggenheim’s leadership stands to benefit from continued growth in retirement products.

The latest Guggenheim Partners news

Displaying 92 results
Guggenheim's fixed-income shop shaping up to be next bond kingdom
ETFS SEP 28, 2015
Guggenheim's fixed-income shop shaping up to be next bond kingdom

Recent fund performance is leaving higher-profile competitors in the dust.

China's dilemma: Is it 1987 or 1929?
EMERGING MARKETS AUG 11, 2015
China's dilemma: Is it 1987 or 1929?

If Chinese policymakers don't alter course soon, the current correction could turn into a stock market plunge similar to what happened in the United States in 1929.

ETFS AUG 04, 2015
ETF pioneer Ben Fulton launches torpedo at an idea he helped popularize

Former PowerShares executive says the exchange-traded fund world includes “some really ill-conceived ideas.”

Lynn Tilton, the "Wonder Woman of Wall Street," goes from corporate savior to SEC target
ALTERNATIVES JUL 20, 2015
Lynn Tilton, the "Wonder Woman of Wall Street," goes from corporate savior to SEC target

Agency claims private equity maven defrauded investors, breached fiduciary duty. She says action is illegal and she's out to save companies, jobs.

Bill Gross adds voice to chorus warning of liquidity crunch for fund investors
EQUITIES JUL 02, 2015
Bill Gross adds voice to chorus warning of liquidity crunch for fund investors

Bond manager says most investors have yet to be tested with a long-term downtrend and that's when liquidity will be an issue.

15 years later, Nuveen Investments gets a go-ahead on ETFs
ETFS JUN 12, 2015
15 years later, Nuveen Investments gets a go-ahead on ETFs

Money manager's rebooted efforts to sell ETFs get a nod from the Securities and Exchange Commission.

RIA NEWS JUN 12, 2015
An ETF pioneer warns against excesses in the industry

Former PowerShares executive says the exchange-traded fund world includes “some really ill-conceived ideas.”

Generating yield in a world of rising interest rates
FIXED INCOME APR 07, 2015
Generating yield in a world of rising interest rates

Advisers could help clients by considering an increased allocation to floating-rate bonds.

FIXED INCOME APR 21, 2014
Gross, Gundlach: Contrarians expecting yields to fall

The world's biggest bond dealers aren't buying a strong start for Treasuries as they grow bullish on the U.S. economy even as investors such as Bill Gross of Pimco and Jeffrey Gundlach of DoubleLine Capital question the strength of the recovery,

ALTERNATIVES SEP 20, 2013
Joined at the hips? Mortgage REIT woes doing a number on mortgage bonds

Portfolio sell-off by large property trusts hammering debt securities tied to mortgages

Railroad in Kazakhstan? Insurers getting bolder with annuity investments

PE firms, Wall Street giants taking bolder approach after acquiring carriers; 'troubling role'

FIXED INCOME APR 19, 2013
Looking for value in fixed income

IN webcast panel stress need for flexibility in allocations.

FIXED INCOME MAR 05, 2013
Fallen star Heebner places astronomical bet against Treasuries

Spends big chunk of fund shorting Uncle Sam's debt

ETFS MAR 03, 2013
PowerShares makes powerful push with innovative ETFs

Larger rivals have forced others to develop niche products tied to everything from steel to India to pharmaceuticals