OUR FIRM

Latest News

January 06, 2012

Guggenheim Global Infrastructure Company Acquires Majority Stake in King Tech International Limited

CHICAGO – Guggenheim Partners today announced that its affiliate, Guggenheim Global Infrastructure Company, Limited (GGIC), has acquired a majority stake in King Tech International Limited (KTI), a leading asphalt rubber (AR) specialist in The People’s Republic of China.

Asphalt rubber is a mixture of crumb rubber (rubber powder) derived from scrap tires blended at high temperature with base asphalt that is used for paving roadways. Asphalt rubber reduces the need to burn scrap tires, significantly reducing carbon dioxide emissions. It also reduces paving time, increases pavement life, and minimizes traffic noise. AR is a proven process that has been used extensively in various states in the U.S. including Arizona, California, and Texas.

“We are pleased to make our first strategic investment in China’s infrastructure sector,“ said Tom Tribone, Chief Executive Officer of GGIC. “KTI’s process fits very well with China’s ongoing need to expand its road network. The environmental benefits of its products contribute to the country’s growing emphasis on sustainability. We look forward to working with the company to meet the growing demand for asphalt rubber use in Chinese infrastructure projects.”

“KTI has an experienced technical team with more than 35 years of asphalt-rubber design and paving experience,“ said David Lee, Chairman of KTI. “We are delighted to have partnered with Guggenheim Global Infrastructure Company.“

KTI has conducted several successful test pilot projects aggregating over 25,000 tonnes of AR in the Chinese mainland as well as Hong Kong. KTI serves as the Asian representative of the Rubber Pavements Association.


About Guggenheim Global Infrastructure Company and Guggenheim Partners

Guggenheim Global Infrastructure Company, Limited (GGIC) is an affiliate of Guggenheim Partners, LLC focused on investments in the global infrastructure sector. Guggenheim Partners, LLC is a privately held global financial services firm with more than $125 billion in assets under management. The 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 Partners is headquartered in New York and Chicago and serves clients from more than 25 offices in 10 countries.



September 17, 2021

Justin Peagram to Join Guggenheim Securities Sustainability Investment Banking Practice

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Justin Peagram will join the firm as a Senior Managing Director in its Sustainability Investment Banking practice and will focus on advising companies within the alternative energy and energy technology sectors.

Read More

September 16, 2021

Peter Moses Joins Guggenheim Securities to Expand Consumer and Retail Investment Banking Group

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Peter “P.J.” Moses has joined the firm as a Senior Managing Director to expand its Consumer and Retail Investment Banking group.

Watch Video

September 15, 2021

Guggenheim Securities Expands Technology Investment Banking Practice With the Addition of Tyler Dewing in Boston

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that it has expanded its Technology Investment Banking Practice with the addition of Tyler Dewing in Boston. Mr. Dewing joins the firm as a Senior Managing Director with a focus on covering growing software, payments, and data analytics companies.

Watch Video