Area Development
Guggenheim Partners, LLC, a global diversified financial services firm, plans to expand its presence in Chicago, increasing its workforce headcount by more than 200 employees during the next 18 months.

Guggenheim Partners, a privately held global financial services firm, provides asset management, investment banking and capital markets services, insurance, institutional finance, and investment advisory solutions to institutions, governments and agencies, corporations, investment advisors, family offices, and individuals.

“Guggenheim’s decision to expand its presence in Chicago reflects an increased recognition of the City’s leadership as a center for economic growth and business opportunity in the global marketplace,” said Mayor Rahm Emanuel. “I look forward to strengthening our partnership with Guggenheim to create jobs and opportunity for Chicagoans and advance our economic future.”

Guggenheim projects to increase its employee base in the Windy City beginning with the relocation of employees from its Lisle, Illinois office to its downtown Chicago headquarters, at 227 West Monroe. In order to accommodate the growth, the company has signed a lease to take additional space at this location, expanding its office footprint by over 25 percent, the Mayor said.

“We are very pleased to be increasing our presence within the Chicago business community,” said Mark Walter, Chief Executive Officer of Guggenheim Partners. “Guggenheim has enjoyed a long and fruitful relationship with Chicago both professionally and civically. Chicago’s economic climate has provided an opportune time for us to grow and better help serve our clients both locally and around the world.”