Guggenheim 77% Earnings Hit Stems From Unit Whistleblower Tagged

Markets Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Reshmi Basu , Sridhar Natarajan , and Zachary R Mider August 17, 2026 at 9:23 PM UTC Updated on August 18, 2026 at 5:33 PM UTC A steep decline in Guggenheim Investments ’ second-quarter earnings was driven by a delay in reporting certain fee revenue from its private investments unit, where accounting was the subject of a whistleblower report that helped spark a wider probe into Mark Walter’s empire. GIH Borrower LLC , the asset manager’s financing entity, revealed to investors on Friday that the firm’s revenue fell 38% to $186 million in the second quarter from a year earlier, and a measure of earnings tumbled 77% to $37 million, according to people familiar with the matter.