Transactions


$7 billion AUM

a wholly owned subsidiary of

a wholly owned subsidiary of

has been sold to

has been sold to

Financial advisor to Guggenheim Partners and Claymore Investments

Financial advisor to Guggenheim Partners and Claymore Investments

March 2012

Freeman & Co. Advises Guggenheim Partners on Sale of Claymore Investments to BlackRock
Date
March 2012
Industry
Asset Management
Transaction
Sell-Side M&A

Claymore Investments is #2 in Canadian ETFs with $7.0 billion in Assets under Management

January 11, 2012 (New York, NY) – Freeman & Co. congratulates its client Guggenheim Partners, LLC on its recent sale of Claymore Investments, Inc. to BlackRock, Inc. (NYSE: BLK). Freeman & Co. acted as a financial advisor to Guggenheim Partners and Claymore Investments on this transaction. This is the second ETF transaction advised by Freeman & Co., following the sale of Rydex Investments to Guggenheim Partners.

BlackRock, an ETF market leader, will strengthen its position globally through the acquisition of Claymore, which at the time of the transaction had over $7.0 billion in assets under management and 16% percent market share. This transaction represents an important development in the high-growth Canadian ETF industry.

“The fast growing ETF market continues to have a substantial and disruptive impact on the asset.

management industry broadly. Having sold Rydex to Guggenheim, we are pleased to have represented them in selling Claymore’s ETF business,” said Eric Weber, Managing Director & COO at Freeman & Co.

The Claymore family of ETFs complements BlackRock’s existing offerings, and Claymore Investments will now be included in the global iShares family. The transaction is subject to customary approvals and conditions and is expected to close by the end of the first quarter of 2012.