Guggenheim Hires Apollo’s Silverman in Push to Expand Assets
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Guggenheim Partners LLC, the U.S. firm seeking to buy Deutsche Bank AG’s asset management business, hired Henry Silverman, the former chief operating officer of Apollo Global Management LLC, to advise on expansion.
Silverman, 71, who resigned from Apollo last month, will join the firm March 16 as vice chairman of its investment management business and will be based in New York, according to a statement today from Guggenheim Partners.