NEW YORK, July 10, 2018 (GLOBE NEWSWIRE) — Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Punit Mehta will join the firm as a Senior Managing Director in the firm’s Healthcare investment banking group. Mr. Mehta will focus on advising life sciences companies and will commence work at Guggenheim in October.
Mr. Mehta has 18 years of experience in investment banking advising healthcare companies. He will join Guggenheim from Credit Suisse, where he served as Global Co-Head of Healthcare Investment Banking. Prior to Credit Suisse, he was Global Head of Life Sciences Investment Banking at Barclays. Mr. Mehta began his investment banking career at Lehman Brothers, where he last served as a Managing Director in the firm’s Healthcare investment banking group.
“Punit is a significant addition to our healthcare practice at Guggenheim,” said Mark Van Lith, Co-CEO of Guggenheim Securities and Head of Investment Banking. “He is a leading advisor to healthcare companies, and we are excited to have a banker of his caliber join our healthcare team. We look forward to his continued success and leadership at the firm.”
Mr. Mehta received his PGDBM/MBA from the Indian Institution of Management Ahmedabad and his B.S. from the University of Mumbai. He received his ACA from the Institute of Chartered Accountants of India. He will be based in Guggenheim’s New York Office.
About Guggenheim Securities
Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, Los Angeles, San Francisco, and Houston. For more information, please contact us at GSinfo@GuggenheimPartners.com or 212.518.9200.
About Guggenheim Partners
Guggenheim Partners is a global investment and advisory firm with more than $305 billion1 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 over 2,400 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.
1Assets under management are as of 03.31.2018 and include consulting services for clients whose assets are valued at approximately $66bn. In April 2018, Guggenheim Investments closed the sale of the firm’s Exchange Traded Fund (“ETF”) business representing $38.6bn in assets under management, which will be reflected in the June 30, 2018 assets under management.