JPMorgan Chase

Guggenheim Expands ABS Platform, Brings on Former Bear Stearns Execs 

Guggenheim Capital Markets, LLC, a New York-based broker-dealer, said last week that it had hired Lenny Blasucci, Matthew Perkins, and Nicholas Smith, all of whom will be based in the firm’s New York office. The hires will expand the scope of GCM’s asset-backed business and deepen the firm’s trading abilities, the company said in a press statement. All three are former employees of now-defunct Bear Stearns & Cos. Blasucci, whose expertise lies commercial mortgage-backed securities, held roles at Clinton Group and Sherman Financial Group, after beginning his career at Bear Stearns & Cos.