Rising star Guggenheim lands ex-Apollo exec

Rising star Guggenheim lands ex-Apollo exec
Silverman set to join acquisitive firm; 'distinguished track record'
AUG 22, 2012
Guggenheim Partners LLC, the U.S. firm seeking to buy Deutsche Bank AG's asset management business and quintuple its size, hired Henry Silverman, the former chief operating officer of Apollo Global Management LLC, to advise it on expanding its investment management. Silverman will join March 16 as vice chairman of Guggenheim's investment management business and will be based in New York, according to a statement today from Guggenheim Partners. “Henry has a distinguished track record of recognizing business opportunities and building and leading companies to sustainable growth in a broad range of industries,” Todd Boehly, president of Guggenheim Partners, said in the statement. “I have no doubt Henry will bring strategic guidance and competitive drive to Guggenheim.” --Bloomberg News--

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