Bloomberg: Millstein, Ross, Schwartz on Financials, Outlook
Jim Millstein, chief executive officer of Millstein & Co. and former chief restructuring officer at the U.S. Treasury Department, Wilbur Ross, chairman of WL Ross & Co., and Alan Schwartz, executive chairman at Guggenheim Partners LLC, participate in a panel discussion about the outlook for financials. Bloomberg's Erik Schatzker moderates the panel at the Bloomberg Link Global Markets Summit in New York.
Pillar Financial, LLC Announces Acquisition of St. James Capital, L.L.C.
Pillar Financial, LLC (“Pillar”), an affiliate of Guggenheim Partners, LLC, today announced the acquisition of St. James Capital, L.L.C. (“St. James”). Based in Bloomfield Hills, Michigan, St. James is led by Mark Wiedelman and Nancy Ludwick, who founded the company in 1999. Both Mark and Nancy will hold an ongoing interest in Pillar Financial.Guggenheim Commercial Real Estate Finance, LLC and Pillar Multifamily, LLC Announce Launch of New Affordable Housing Division
Experienced Team Hired to Support Business Guggenheim Investment Advisory Announces the Launch of the Guggenheim Alternatives Platform
Guggenheim Commercial Real Estate Finance, LLC (“GCREF”), a Guggenheim Partners company, and Pillar Multifamily, LLC (“Pillar”), an affiliate of Guggenheim Partners, today announced the launch of a new affordable housing division. Based in New York and San Francisco, the division will be led by the team of Andrew Weil and Justin Ginsberg, who have joined GCREF as Managing Directors.
Providing the Wealth Management Community with Improved Access to Hedge Funds
Guggenheim Investment Advisory, a business unit of Guggenheim Partners, LLC, announced today the launch of the Guggenheim Alternatives Platform, a web-based solution designed specifically for independent registered investment advisors, private banks and trust companies and similar wealth management firms. The platform enables such advisors to build and implement customized hedge fund portfolios for their clients by connecting them to Guggenheim Investment Advisory’s deeply researched menu of hedge fund managers, along with thematic guidance and support.