Guggenheim Securities Hires David Magstadt to Expand Healthcare Investment Banking Practice

NEW YORK, June 18, 2015 /PRNewswire/ -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that David Magstadt will be joining the firm as a Senior Managing Director in the healthcare investment banking group in July.

"We're pleased that Dave Magstadt will join our growing healthcare team," said Mark Van Lith, Head of Investment Banking at Guggenheim Securities. "Dave's depth of experience and client relationships will be a valuable addition to our team of sector-leading bankers."

Mr. Magstadt joins Guggenheim Securities from Citi Global Markets, where he spent the last 10 years, and served most recently as a Managing Director in the healthcare M&A practice.  Prior to that, he held positions at Stern Stewart & Company and Accenture. He received a B.S. in Biochemistry from the University of Oklahoma and earned his M.B.A. from Columbia Business School.

About Guggenheim Partners

Guggenheim Partners is a global investment and advisory firm with more than $240 billion 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 2,500 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.

* Assets under management as of 3/31/2015 and include consulting services for clients whose assets are valued at approximately $47 billion.

SOURCE Guggenheim Partners

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