Guggenheim Partners has poached senior bankers from Barclays’ retail team as part of its strategy to bolster its investment banking business, reported Reuters.
Guggenheim has hired former Barclays head of investment banking for retail companies and vice chairman Andrew Taussig as well as managing directors Spencer Hart, Matthew Pilla, Ken Harada and Ryan Mash.
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Prior to Barclays, Taussig, Hart, Pilla and Harada all worked together at Credit Suisse, First Boston and Lehman Brothers.
Taussig has worked with large retail companies including Reebok International Ltd, Home Depot Inc, CVS Caremark Corp and Staples Inc, according to Reuters.
The group joins Peter Comisar, a former Goldman Sachs banker, and now vice chairman and head of West Coast banking for Guggenheim who joined the firm in 2009 and has worked on retail deals including teen retailer Hot Topic Inc’s recent sale to Sycamore Partners for about $600 million.
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By GlobalData
