LONDON, Jan. 15, 2015 /PRNewswire/ -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, today announced that it has received regulatory approval from the Financial Conduct Authority in the UK for Guggenheim's acquisition of the London operations of FM Partners Holdings, formerly known as Lazard Capital Markets International Limited.
Closing of the acquisition is expected on January 31, 2015. The acquisition allows Guggenheim to conduct a range of sales and trading operations, initially focusing on European corporate, financial and structured credit, as well as expanding distribution of U.S. equities. Guggenheim plans to operate the business under the new name of Guggenheim Securities International Ltd.
The office is located at The Peak, 5 Wilton Road, London, England, SW1V 1AN and reachable at +44 20 3059 6600.
About Guggenheim Partners
Guggenheim Partners is a global investment and advisory firm with more than $220 billion in assets under management. Across our three primary businesses of investment management, investment banking, and insurance services, we have a track record of delivering results through innovative solutions. With more than 2,500 professionals based in more than 25 offices around the world, our commitment is to advance the strategic interests of our clients and to deliver long-term results with excellence and integrity. We invite you to learn more about our expertise and values by visiting GuggenheimPartners.com and following us on Twitter at twitter.com/guggenheimptnrs.
SOURCE Guggenheim Partners