Alan Schwartz, the former chief executive of Bear Stearns, is taking on a number of new senior investment banking executives for his team at Guggenheim Partners–including a departing partner from Goldman Sachs Group. Peter Comisar, 42, will work from Guggenheim’s office in Los Angeles and advise consumer and retailing companies, among others. Comisar, who recently told colleagues at Goldman that he was leaving the firm after 20 years, previously has advised executives from Safeway, Costco Wholesale, Nordstrom, and BCBG Max Azria Group, said the Wall Street Journal. Comisar was close to Jon Winkelried, the Goldman co-president who retired earlier this year–his first job at Goldman was working as an analyst for Winkelried. Since moving to Guggenheim in June as executive chairman, Schwartz has brought on board about a dozen bankers. Some of them came from Bear Stearns, including Andrew Decker, Eric Rutkowski and Hans Toro. Guggenheim, founded by the family best known for establishing the Guggenheim museums, has about 800 employees, with headquarters in New York and Chicago. It supervises more than $100 billion in asset-management and advisory accounts.
Former Bear Stearns’ Schwartz Looks to Goldman Sachs for Prospects
Former Bear Stearns’ CEO Alan Schwartz acquires recruits from his former employer.
September 10, 2009