Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, appointed Dina DiLorenzo and David Rone co-presidents of Guggenheim Investments.
Investment decisions will continue to be supervised and executed by investment personnel. Scott Minerd, global chief investment officer of Guggenheim Partners and chairman of Guggenheim Investments, and Anne Walsh, chief investment officer of fixed income for Guggenheim, will lead investment decisions.
In addition, DiLorenzo, Rone and Walsh were named managing partners of Guggenheim Partners.
“We are greatly pleased to make these promotions from the deep pool of exceptional executive talent at Guggenheim,” Minerd said. “I am completely confident that Anne, Dina and David will continue to provide strong leadership to Guggenheim Investments and will enable us to continue to serve our clients with excellence.”
“Scott and I have worked for many years with Anne, Dina, David, and know each of them to be extraordinary executives of the highest caliber and character,” Andrew Rosenfield, president of Guggenheim Partners, said. “They have the key skills needed to help us grow Guggenheim Investments in harmony and fidelity with its history of excellence and innovation.”
“The fact that these promotions are internal speaks volumes about how Guggenheim develops strong talent internally, of which we are very proud,” Mark Walter, CEO of Guggenheim, and Alan Schwartz, executive chairman for Guggenheim, said in a joint statement. “We join Scott and Andy in congratulating Anne, Dina and David, and we welcome them as our newest managing partners.”
In addition to promotions for DiLorenzo, Rone and Walsh, after four years of serving as president of Guggenheim Investments, Jerry Miller was appointed vice chairman of the Guggenheim Investments board. Miller will work directly for the office of the CEO on strategic initiatives.
“I am delighted that Jerry Miller will work directly with me on a variety of strategic initiatives. We thank Jerry for his excellent leadership and accomplishments as president,” Walter said.
“During Jerry’s tenure, GPIM grew and prospered. The business successfully and profitably divested its ETF business while significantly growing the AUM of its mutual funds and advisory business,” Minerd said.
