Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, added Stephen Edelman as a senior managing director to help build the firm’s aerospace and defense (A&D) franchise, as well as to lead the overall industrials investment banking practice together with senior managing director John Welsh. Edelman will commence work at Guggenheim in November and will be based in the firm’s New York office.
Edelman will join Guggenheim after approximately 30 years at Citi, where he most recently served as head of industrials investment banking. Edelman has a distinguished record as a leading advisor in the aerospace and defense sector.
“We are excited to welcome Steve to Guggenheim,” Mark Van Lith, CEO of Guggenheim Securities, said. “Steve is a trusted advisor to A&D companies globally, as well as to the private equity community invested in the sector. His extensive client relationships and experience will also facilitate business development across the firm. He will be central to driving various components of our overall business. I look forward to working with Steve as we continue to expand Guggenheim.”
Edelman earned his B.A. in political science from the University of Michigan and his MBA in finance from Columbia Business School.
