Guggenheim Taps Zuckerwise To Head Institutional Distribution

Oct 27 2011 | 10:17am ET

Finance industry veteran Penny Zuckerwise will join New York-based Guggenheim Investments, an asset manager with $115 billion under management, as head of institutional distribution.

In her new role Zuckerwise will be responsible for the expansion of the firm’s global institutional distribution business as well as consultant and client relationship management.

Zuckerwise bring 30 years’ experience to her new post at Guggenheim, most recently as chief executive officer of Russell Investments’ Americas institutional division, where she managed the business and was a member of the Russell executive committee and global risk management committee. She has also held senior positions at a number of firms including:  president and CEO of Utendahl Capital Management, president and COO of Chancellor LGT Asset Management; and, president, COO and chief administrative officer of Chancellor Capital Management (formerly Citicorp Investment Management).
 
“As we methodically grow our asset management business, it was clear that a next logical step was bringing on a veteran of Penny’s stature to help us expand our existing institutional relationships and build new ones both directly and through the consultant community,” said Todd Boehly, president of Guggenheim Partners and head of Guggenheim Investments. “Penny’s experience and counsel will be invaluable to the clients we serve and to the firm as a whole as we continue to build out a world-class investment management firm.”
 
Guggenheim Investments is the investment management business of Guggenheim Partners. The firm’s clients include institutional investors, ultra-high-net-worth individuals, family offices and financial intermediaries.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of