NEW YORK – Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, today announced the recent hiring of Peter M. Fry as Managing Director in New York. Mr. Fry, who has spent two decades on the sell side and buy side focusing on Alternative Equities, will direct the firm’s expansion into “At-The-Market” offerings.
“We are delighted to welcome Peter to our team,” said Stuart Duty, Senior Managing Director of Guggenheim Securities’ healthcare group. “Peter’s expertise in ATM offerings and other equity products will complement and enhance our existing strengths in healthcare finance.”
ATM financing is a flexible alternative to a secondary equity offering that enables companies to issue stock in increments as their needs arise and as market conditions warrant.
“It is exciting to be a part of such a talented and fast-growing team,” said Mr. Fry. “I look forward to the ATM product bolstering the already broad range of solutions that Guggenheim offers to meet our clients’ needs.”
Mr. Fry joins Guggenheim from Burrill & Company, where he was a Managing Director and Head of Alternative Equities. Before that, Mr. Fry spent eight years as the Senior Investment Officer of Kingsbridge Capital, where he played an integral role in numerous healthcare investments while executing nearly $2 billion in more than 35 Committed Equity Financing Facilities (CEFFs). Mr. Fry has been investing in and providing advisory services to emerging growth companies for over 20 years.
About Guggenheim Partners
Guggenheim Partners, LLC is a privately held global financial services firm with more than $180 billion in assets under management. The firm provides asset management, investment banking and capital markets services, insurance services, 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 around the world from more than 25 offices in eight countries. For more information about Guggenheim Partners, visit www.guggenheimpartners.com.
Thomas S. Mulligan
Sitrick And Company
Sitrick And Company