Daily News: June 14, 2012

Guggenheim Partners Launches Restructuring Practice, Appoints Bojmel


Guggenheim Partners, LLC, a global diversified financial services firm, announced that it has launched a restructuring practice within Guggenheim Securities, its investment banking and capital markets division. As part of the launch, Guggenheim has appointed Ronen A. Bojmel as senior managing director and head of Restructuring to lead the firm’s expansion in this practice. Based in New York, Bojmel will start in his new role on October 1.

Bojmel is a highly respected and seasoned restructuring veteran and most recently a partner and managing director at Miller Buckfire & Co. While at Miller Buckfire and its predecessor firms, Dresdner Kleinwort Wasserstein and Wasserstein Perrella & Co., he led numerous high profile restructuring projects on behalf of companies, investors and creditors, as well as advised on M&A and capital raising activities in distress and non-distress situations in the U.S. and abroad.

“Restructuring will be a key component of Guggenheim’s growing investment banking and capital markets business and extends the value proposition the firm offers its clients. We are excited to build our practice with Ronen’s leadership – not only because of his deep industry and transaction experience, but also because of his track record of delivering ground-breaking solutions and uncompromising results to his clients,” said Alan Schwartz, executive chairman of Guggenheim. “We look forward to supporting the restructuring team with our broad relationships and sector expertise and we expect to attract a highly talented group of bankers to help expand the business.”

Bojmel has been credited for setting the strategy of several marquee restructuring mandates including General Growth Properties’ multi-staged emergence from Chapter 11 and Charter Communication’s landmark credit facility reinstatement. Bojmel has also advised companies and constituents such as LNR, CW Capital, Neff Corp, Simmons Bedding, Standard Pacific, Grupo TMM and Foamex Corp on their restructuring efforts.

Bojmel has been recognized four times in the past seven years as the lead restructuring banker by the Turnaround Management Association for mandates such as Grupo TMM for Mid-size Company Transaction of the Year in 2005, Simmons Bedding Company for Large Size Company Transaction of the Year in 2009, General Growth Properties for Mega Size Company Transaction of the Year in 2010, and Neff Corp for Mid-size Company Transaction of the Year in 2010. Prior to joining Wasserstein Perella & Co., Bojmel served the Israeli military as a field officer as well as the Government of Israel under the consul general in New York. Bojmel is on the Board of Circ MedTech, a medical device company committed to preventing the spread of AIDS in Africa.