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Guggenheim to Hire as Many as 10 Managers for Multistrategy Fund

Guggenheim Global Trading, a subsidiary of closely held financial-services firm Guggenheim Partners LLC, plans to hire as many as 10 portfolio managers this year to expand its multistrategy hedge fund.

GGT, which employs 15 portfolio managers, may have as many as 25 by year-end, according to Loren Katzovitz and Patrick Hughes, partners at Guggenheim Partners. It’s in talks with several candidates, Katzovitz and Hughes said last week in an interview in New York.