Guggenheim Partners and Brown Brothers Harriman & Co. Announce Strategic Partnership

Jul 19, 2004, 01:00 ET from Guggenheim Partners

    NEW YORK, July 19 /PRNewswire/ -- Guggenheim Partners and Brown Brothers
 Harriman & Co. are pleased to announce the formation of a strategic
 partnership in alternative assets.  The partnership provides clients with
 innovative multi-manager, multi-strategy hedge funds that emphasize meaningful
 risk monitoring and analysis.
     Guggenheim Partners:
     Guggenheim Partners is a private investment firm owned by the Guggenheim
 family, several private investors and senior management. The firm provides
 discrete investment management and advisory services to select clients
 throughout the Americas, Europe and Asia from offices in New York, Chicago,
 Los Angeles, Miami, London, Geneva and Hong Kong.
     Brown Brothers Harriman & Co.:
     Brown Brothers Harriman & Co. is the oldest and largest private bank in
 the United States.  The firm provides investment management in public and
 private markets, global custody, foreign exchange, merger/acquisition
 strategies and banking services for closely held businesses and their
 principals from offices throughout the United States and in London, Zurich,
 Dublin, Luxembourg, Tokyo and Hong Kong.
     Contact Information:
     Media inquiries for Guggenheim Partners may be directed to Mr. Steven
 Bruce or Mr. Edward Rowley of The Abernathy MacGregor Group Inc.
 (212) 371-5999.  Media inquiries for Brown Brothers Harriman may be directed
 to Mr. John R. Hass of Brown Brothers Harriman & Co. (215) 864-1860.

SOURCE Guggenheim Partners