Claymore Group, a leading sponsor of exchange traded funds, has agreed to be acquired by Guggenheim Partners.
Guggenheim is a diversified financial services firm with more than $100 billion in assets under supervision. The firm’s businesses include investment management, investment advisory, investment banking and capital markets services.
Claymore Group is a $13 billion sponsor of exchange-traded funds (ETFs), unit investment trusts (UITs) and closed-end funds (CEFs).
The deal is expected to close in Q3.