Talk:Guggenheim Partners

Untitled
This is a major financial services company with over $100 billion of assets under management. Article is under construction. —Preceding unsigned comment added by Nimrodsbabel (talk • contribs) 21:09, 12 October 2009

Nimrodsbabel - are you affiliated with this firm? Stjamessgate (talk) 13:54, 15 October 2009 (UTC)

Nope. Just kept reading articles about them, and wanted to make a page. —Preceding unsigned comment added by Nimrodsbabel (talk • contribs) 17:16, 19 October 2009 (UTC)

Their assets are now over $160 billion according to Fortune Magazine. I'll try to update this as well.--138.78.65.23 (talk) 21:00, 25 March 2013 (UTC)

Guggenheim Brothers
Was this firm once known as Guggenheim Brothers, or is that an unrelated company? -- Eastmain (talk) 18:21, 14 October 2009 (UTC)

Here is what their website says [my emphasis is bolded] 1881 Meyer Guggenheim paid $5,000 for a one-third interest in two Colorado lead and silver mines. By the end of World War I, the family business controlled more than 80% of the world’s supply of silver, copper and lead.

1916 Meyer Guggenheim’s sons reorganized into Guggenheim Brothers.

1929 Daniel Guggenheim embraced a vision of going where no man had gone before and, on the recommendation of Charles Lindberg, bankrolled Robert Goddard’s obscure research on rockets. Goddard’s work eventually led to the development of modern rocketry.

1941 When Solomon Guggenheim sought a permanent new home to display his vast personal collection of non-objective art, he engaged the respected architect Frank Lloyd Wright to design a unique contemporary art museum. The partnering of these two visionaries resulted in one of the most famous and recognizable structures in the world, itself a work of non-objective art.

1953 Harry Guggenheim adhered to the family formula by enlisting the services of the most preeminent horse trainers of the time to successfully achieve his goal of winning the Kentucky Derby with a horse named Dark Star.

1997 The Solomon R. Guggenheim Foundation together with the Basque government engaged the renowned architect Frank Gehry and challenged him to design a new Guggenheim Museum that would be so innovative and spectacular that it would transform Bilbao, Spain from a struggling city into a vibrant cultural destination. http://guggenheimpartners.com/firm/history

However this doesn't explain when they became Guggenheim Partners. A Wall Street Journal article I found mentions them in 2009(http://blogs.wsj.com/venturecapital/2009/08/24/guggenheim-looks-to-capitalize-on-distressed-vc-deals) From what I understand, Guggenheim Partners includes Guggenheim Capital, LLC.,Guggenheim Advisors and Guggenheim Global Trading LLC. (http://guggenheimpartners.com/Firm/Executive-Leadership, http://guggenheimpartners.com/News/Press-Release/Guggenheim-Partners-Launches-Guggenheim-Global-Tra) With all this, they aren't immune from the financial crisis(http://www.reuters.com/article/2012/04/18/us-guggenheim-idUSBRE83H19H2012041) There has even been a spinoff of Guggenheim Partners.(http://www.perenews.com/Article.aspx?article=53460&hashID=3098D6CA4CCA3B3...) The person that heads that spinoff created Guggenheim Partners:

"Todd Morley...in 1999, he co-founded Guggenheim Partners, which has $100 billion in assets under management, peHUB said. He more recently founded an investment management firm called G2 Investment Partners, which is where Forbes Private Capital Group will be housed."(http://www.reuters.com/article/2010/05/27/us-forbes-capital-idUSTRE64Q49A20100527)

Does this information answer your question?-- 138.78.65.23 (talk) 21:20, 25 March 2013 (UTC)

Guggenheim Baseball Management
It appears that the entity Guggenheim Partners does not own the Dodgers - it is a separate company Guggenheim Baseball Management. See [https://www.wsj.com/articles/SB10001424052702303404704577309850685211084 Who Are The New Dodgers Owners? Wall Street Journal March 28, 2012] Some of the same executives are at both companies but its a separate company. I propose removing baseball from Guggenheim and moving it to a new page for Guggenheim Baseball Management. I did a pretty thorough Google search and there is plenty of sourcing and content out there.Earnsthearthrob (talk) 18:48, 13 September 2019 (UTC)
 * Moved to new page Guggenheim Baseball Management due to separate company - see talk and sourced material. Earnsthearthrob (talk) 17:21, 18 September 2019 (UTC)